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arronlie30
Sep 11, 2021 1:16 PM

SOLUSDT Short

SOL / TetherUSBinance

Description

After a significant increase, based on analysis technical SOL will correction to strong support 152.
Look timeframe Daily from SOLUSDT, SOLUSDT have formed swing low, I prediction SOL will be potensial to correction until fibonacci 0.32 , 0.5 and 0.168.
For the minimize our lost, we can take note for timeframe M30.
Look timeframe M30 from SOLUSDT, potensial head and shoulder pattern. But, we should wait to breakdown neckline from head and shoulder pattern at 176.
If price breakout trendline, we can Cut lost and this prediction is unpossible to work.
But, if we can accept bigger risk, we can short SOL, and Stop Loss if break out swing low from daily chart at resistance 216
Disclaimer On!

Trade closed: target reached

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