SOLUSD hitting major resistance. Time to sell here?
Guys,
I sold Solana at $125. Reason?
After breaking to the upside of it's descending wedge, Solana has now hit both it's target from measurement of wedge exit but also, a big level of resistance which I have mapped at $125. To me, this is a clear signal that at least some profits should be taken. I have chosen to take all my profits from entry of $79 and re-allocate those funds elsewhere. I will post another trade alert to my paid subscribers soon.
Congrats to all who were in this trade with me!
- Stew
I sold Solana at $125. Reason?
After breaking to the upside of it's descending wedge, Solana has now hit both it's target from measurement of wedge exit but also, a big level of resistance which I have mapped at $125. To me, this is a clear signal that at least some profits should be taken. I have chosen to take all my profits from entry of $79 and re-allocate those funds elsewhere. I will post another trade alert to my paid subscribers soon.
Congrats to all who were in this trade with me!
- Stew
Stewdamus Trades -
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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