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thedailychartist
Oct 20, 2021 1:41 PM

SOLUSDT breakout & retest setup looks to target 260 Long

SOL / TetherUSBinance

Description

Structure break on LTF and now re-testing support. Maybe not yet the best timing as alts continue to be suppressed by BTC dominance and BTC not yet breaking out to new ATH but this looks like it's worth the risk if we're targeting 260 (measured target for a pennant breakout).

Trade active

Looks like timing was right after all...

Comment

Looking to scale in here. A pullback would be nice.

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Half of position still active.

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260 on sight!

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Still holding. Almost at target (260) but decided to let this one run and just trail stops.
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