The crypto bull market continues unabated. The price of Solana is also rising, but is weaker than some other coins. We expect a temporary correction on the crypto market in the coming days and want to use this opportunity to position ourselves long in SOL. We choose the 38.2% retracement as our entry point and set our stop loss below 78.4%. We target the $180 area, so this trade offers a great RRR of more than 3:1.
Trade active:
The trade was activated in yesterday's dump and we are already in profit.
Comment:
Those who follow this setup can trail their stop loss to break even
Comment:
The comment from 3rd March was a mistake. It should have been in the update section belonging to SLP.
I apologize for this mistake.
I apologize for this mistake.
Trade closed: target reached:
This was a nice one :)
Therefore, our RRR increases to even greater 28.5:1