#SOL/USDT 2h (OKX Futures) Rising wedge on resistance Short
SOLUSDT Perpetual Swap ContractOKX
Description
⋅ Solana printed an evening star, road back to 200MA support seems likely next.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 5.0%
Current Price:
171.72
Entry Targets:
1) 172.56
Take-Profit Targets:
1) 142.59
Stop Targets:
1) 187.58
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #SPL solana.com
Risk/Reward= 1:2.0
Expected Profit= +39.9%
Possible Loss= -20.0%
Estimated Gaintime= 1 week
Trade active
⋅ OKX Futures
BINANCE:SOLUSDT.P All entry targets achieved
Average Entry Price: 172.56 💵
CRYPTOCAP:SOL did not get rejected on wedge resistance and pushed higher, luckily stop held so far and we are back in profit.
Trade closed: stop reached
⋅ OKX Futures
BINANCE:SOLUSDT.P Stop Target Hit ⛔️
Loss: 20.0197% 📉
CRYPTOCAP:SOL pushed higher while rest of the market was correcting, clearly not the best choice of short.