Trade ideas
💡Don't miss the great buy opportunity in SOLUSD @solana
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (96.39).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70
Take Profits:
TP1= @ 106.07
TP2= @ 114.73
TP3= @ 121.85
TP4= @ 132.93
TP5= @ 152.11
SL= Break below S2
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#sol update scalpzone 4 hr TF#SOL again rejected from the downtrend line and kissed the support of $98-$99 area. The downtrend line is the first resistance to clear. A break and close above the downtrend line is bullish and we see a move towards $116 resistance level. Keep your stop loss below $95 and hold a long position is you opened at the support.
That's my Trade
Again not a Financial advice
sol analysisthe price is trying to reject the resistance in red
and it has formed a pennant which is not yet clear is it a bull sign or bear sign considering the market where the bitcoin dominance is decreasing
and total market cap is increasing after breaking the resistance we can see a good pump in this coin till 100 and further resistance at 106
happy trading and manage the risk according to market bye
#Sol scalp zone eith sup. & resis. in 4 hr TFSOL bounced after testing the major support of $80 area. SOL give a good upward rally from there. Hoping you added some SOL near the major support area. You can book some profit from the position or increase your stop loss to $125 support. The next resistance is $155 area.
💡Don't miss the great buy opportunity in SOLUSD @solana
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (126.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 141.70
TP2= @ 152.85
TP3= @ 166.05
TP4= @ 178.97
TP5= @ 195.07
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️