Solanausdt
SOLANA ASCENDING TRAINGLE BREAKOUTThis ascending traingle has been broken towards dwonside in Solana.... and there is an anticipation from me that the prices can go further down to retest levels around $45- $46 levels....
If you can relate to my trading idea, please like and ask any question in comments... (:
SOLUSDT - SETUPSOLUSDT price is trading a rising wedge kind of pattern, although the last few sessions are positive today we may see the bears can react again. If the price starts trading below EMA 21 and the market show some weakness we may see the double bottom formation at the recent low. Otherwise, positivity can surge the price towards 70$.
SOLUSD Double bottom and growth at least + 80%?Almost two weeks ago, we did our previous idea for a couple SOLUSDT
Then at the price of $97 per SOL we wrote that the first tasty area of purchase in the area of $90. As of today, this trade is relevant, but you can make some adjustments in the part of additional purchase of positions and movement of stop orders.
Strong straits in the cryptocurrency market in recent days have made some changes in the charts of coins.
However, the structure of the pattern "Double Bottom", which was written about in the previous idea - is not violated and has the right to life.
If you are impressed by the Solana token, we suggest you take into account the following data to enter the tra de:
Enter the position in the area of $78-80
Stop below $75.4 (-4.5% of entry point)
Take profit in area $145 (+ 83% of entry point)
Profit/loss ratio 18/1
It is dangerous to keep the long position SOLUSD after confidently fixing the price below $75.4! After all, in this case, the structure of the pattern "Double Bottom" will be disrupted, and the cost of SOLUSDT will be able to fall by another -18-20% in the area of $60-61
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