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#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdown
SOLUSDT Perpetual Swap Contract
Short
#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdown
By TradingOn
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Updated
Jul 19
1
1
Cheer
Cheer
1
1
Jul 17
Solana lost 50MA on hourly TF, retracement down to 200MA support seems in place, let's hedge short.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 4.8%
Current Price:
157.06
Entry Targets:
1) 158.69
Take-Profit Targets:
1) 147.63
Stop Targets:
1) 164.23
Published By: @Zblaba
SOL
SOLUSDT.P
#1h #Solana #PoS solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.8%
Possible Loss= -20.9%
Estimated Gaintime= 2-3 days
Jul 18
Trade active
SOLUSDT.P
All entry targets achieved
Average Entry Price: 158.69 💵
SOL
regained 50MA support after all, local bearish scenario could be invalidated soon, we'll stick to the plan though.
Jul 19
Trade closed: stop reached
SOLUSDT.P
Stop Target Hit ⛔️
Loss: 20.9465% 📉
SOL
pushed higher and stopped us out.
l1
layer1
Moving Averages
okx
POS
SOL
solana
solanaprogramlibrary
solusdt
staking
Support and Resistance
Wedge
TradingOn
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