DOT TA - Short term Trade HIGH Risk Reward Ratio 2h timeframe
I opened a Long just few minutes ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long on SOL :
► Bounce from the 0.618 fib level
► Retrace from the support line (yellow)
► Confirmation on the breakout (yellos)
► Momentum is shifting up
► High risk reward ratio
Trading setup:
Entry: $9.49
SL: 9.2
TP1: $10.59 (60% of position)
TP2: $11.8
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
And that's the main reasons I decided to take a long on SOL :
► Bounce from the 0.618 fib level
► Retrace from the support line (yellow)
► Confirmation on the breakout (yellos)
► Momentum is shifting up
► High risk reward ratio
Trading setup:
Entry: $9.49
SL: 9.2
TP1: $10.59 (60% of position)
TP2: $11.8
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.