SOL can go upstairsat the moment, we are completing the ABC-correction with a bullish wedge, wave C has almost reached the golden ratio of 1.618, it is possible that the wedge will descend and break down to or below 1.618, this will be the culmination of sales. It is also possible that the exit immediately upwards is possible, is MA200 on 1D TF and, in combination, the resistance of frequency waves A. (Low targets in case the bearish trend continues and the condition is that the available ABC is only 123 inside the global wave A)
Position set.
The first order is with the current next grid, the second order is at the channel border, the third is at 1.618. If the price does not reach 2 or the third, or before the destruction of orders, switch to a set of positions, you should execute the second order with a trial wedge up, the third one with a retest of the channel from top to bottom.
Closing a position.
With the exception of expected takes, the first take is 20% of the amount at 59.38 (there is resistance), the second take is 70% of the amount at 69.89, and the last 10% is left in case resistance is tested and a new up cycle begins (from trailed stop in plus)
Stops.
If your terminal allows you to set a virtual stop order at the close of a daily candle below 31.41, the order is -20% from the current one, but much less in case of a grid position. Also, in the event of a breakdown of the wedge, the stop can be pulled up.
