LucidDreamsx

SOLANA - A "2x" Opportunity?

Long
COINBASE:SOLUSD   Solana
Regardless of which neckline you chose to consider your "breakout entry" for the inverse head and shoulders play on solana, targeting the previous resistance is still a modest 2x opportunity.
I would wait at least for a daily break and retest to enter the trade. But we might not get it, so keep that in mind.
The R:R of this trade is just too juicy to miss. Specially if it comes in a bear market.

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.