SOLUSDT long idea from hourly support

Dec 11, 2023

Here is a long trade idea on lower time frame. The price may head towards the low time frame support which when realized, will present an opportunity for a long trade. The target of the trade should be the top of this low time frame range which is around 71.25.

Dec 11, 2023

Note

Booked some profit here by closing half the size. Will add later in case it comes back to the buy zone.

Dec 11, 2023

Note

Added again to the long position. The size which was reduced has been added again. Lets aim for the target this time.

Dec 12, 2023

Note

And that concludes our trade here. The price has finally touched the target. We got opportunity to sell half the size at more than half of the target profit a couple of time and then load that size again. I have shared the long time frame perspective for this one already in a separate post. However, we will keep trading it on lower time frame as well. Next trade on this one in the next post.