Solana (SOL) formed bullish Gartley for upto 1047% huge move
Hi dear patrons, hope you are well and welcome to the new trade setup of Solana (SOL) coin.
Previously we had a nice harmonic trade of SOL as below:
On a monthly time frame chart, SOL has formed a huge bullish Gartley pattern.
Buy between:
$70.65 to $19.12
Sell between:
$142.94 to $219.40
Stop loss:
$19.12
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 1047%, and a loss possibility upto 59% as per the current price. It is a big opportunity but in order to reduce the loss ratio
we can wait for Bitcoin to breakout the wedge on a weekly time frame, and i will be keep posting update for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice harmonic trade of SOL as below:
On a monthly time frame chart, SOL has formed a huge bullish Gartley pattern.
Buy between:
$70.65 to $19.12
Sell between:
$142.94 to $219.40
Stop loss:
$19.12
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 1047%, and a loss possibility upto 59% as per the current price. It is a big opportunity but in order to reduce the loss ratio
we can wait for Bitcoin to breakout the wedge on a weekly time frame, and i will be keep posting update for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.