bizmark

SOL to $30

Long
bizmark Updated   
BINANCE:SOLUSDT   SOL / TetherUS
Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver!👍🏻

Solana broke out of this triangle📐 to the upside so there is chance for run to 30.30 and even higher. I traded the initial breakout and I wouldn't chase the market now. One can set BUY LIMIT order to previous range high @ 23.63 to catch🎣 the potential pullback.
  • ENTRY: local high @ 23.63
  • STOPLOSS (SL): local low @ 22.92
  • TARGET: height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 30.30
  • REWARD RISK RATIO (RRR): 9.3
  • INVALIDATION: when SL level hit

Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
Trade active:
Order filled ✔️
Trade closed: stop reached:
Stoploss hit 🛑

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.