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LisaLamla17
Jul 20, 2022 2:27 PM

Solana to 39 and then 53 Long

Solana / United States DollarCoinbase

Description

I've taken profit on my Sol trade that I entered at 27 at around 46. I'm now awaiting a break in structure, so far it could continue to push upwards, but I think soon we'll start to see a break in structure and the formation of lower highs. I do believe we still in an upward trend that will be followed by a temporary correction soon, but we will have a higher low around the $40- 39 order block. I'll look to reenter a long around 39 and stay in that trade till we hit the 50s.

Comment

Lol, I didn't expect the selling to be this aggressive, it's possible we turn around 38-39,but this could go lower... Around 34.5 (The top of our last bullish order block)
Comments
SellHiBuyLow
Good call!
LisaLamla17
@SellHiBuyLo, thank you
CryptoPete81
What indicator is the Bullish/Bearish OB labels?
LisaLamla17
@CryptoPete81, search for "order block finder (experimental)" by wugamlo. I use it on the 1h and daily, but there aren't really any tweaks I made. Hope this helps.
CryptoPete81
@LisaLamla17, Thanks!
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