SOL/USDT - Watch for a break in the trendline, touch support
I am looking for a position in SOL.
* Currently a diagonal uptrend with thinning buy pressure
* Watch local support levels - if touched, consider laddering in a position
* Big sell off expected to dampen price today - quite a crowded trade. Watch and wait
As per my new 'zen trading' plan:
* I will be taking a 'fixed' position in this - a quarter position at first, moving up to a full position over time. Never buying a whole position at once
* No overexposure or stress required
This will be one of about a dozen alts positions that I aim to gradually sell off and replace with other projects.
* Currently a diagonal uptrend with thinning buy pressure
* Watch local support levels - if touched, consider laddering in a position
* Big sell off expected to dampen price today - quite a crowded trade. Watch and wait
As per my new 'zen trading' plan:
* I will be taking a 'fixed' position in this - a quarter position at first, moving up to a full position over time. Never buying a whole position at once
* No overexposure or stress required
This will be one of about a dozen alts positions that I aim to gradually sell off and replace with other projects.