#SOLUSDT #1D (Bybit) Symmetrical triangle break and retest

Solana pulled back to 100EMA regained support where it bounced forming a morning star, resuming bullish would make sense.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (6.0X)
Amount: 4.4%

Current Price:
150.58

Entry Targets:
1) 149.03

Take-Profit Targets:
1) 171.43

Stop Targets:
1) 137.81

Published By: @Zblaba

#Solana #PoS solana.com

Risk/Reward= 1:2.0
Expected Profit= +90.2%
Possible Loss= -45.2%
Estimated Gaintime= 3-4 weeks

Trade active

All entry targets achieved
Average Entry Price: 149.03 💵

dipped to 100EMA support and is bouncing back as planned so far.

Trade closed: stop reached

SL with -1.0R

#SOL/USDT Stop Target Hit ⛔️
Loss: 45.1721% 📉

bounced at first but then got rejected and retraced down, losing 100EMA support.

Note

Back to Break-Even

retested 200MA resistance after stopping us out and is at entry now.
If you are still in the trade, here could be the opportunity to exit at BE.

TradingOn

Always manage risk, respect leverage & position size!

Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)

Don't hesitate to send DM for more info.

Also on:

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.

TradingOn

Also on: