SOL is almost ready for a major reversal. We are seeing the penultimate leg before the final drop. Once that's done, it would be in the perfect place to buy.
Right now, we can enter short term buys back up to around the 56 level.
Short Term Trade Idea: LONG
- Buy with stops below the recent lows
- Target 56
Short Term Trade Idea: SHORT
- Once we're at the 56 level, watch for rejection and short
- Targets: 40, 30
Long Term Trade Idea:
- Once we see the final leg down, watch for bullish price action
- Once it appears, enter with stops below the lows
- Targets: 140, 200, 250, HODL
Goodluck and as always, trade safe!
Right now, we can enter short term buys back up to around the 56 level.
Short Term Trade Idea: LONG
- Buy with stops below the recent lows
- Target 56
Short Term Trade Idea: SHORT
- Once we're at the 56 level, watch for rejection and short
- Targets: 40, 30
Long Term Trade Idea:
- Once we see the final leg down, watch for bullish price action
- Once it appears, enter with stops below the lows
- Targets: 140, 200, 250, HODL
Goodluck and as always, trade safe!
Comment:
8H
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