Solidea
SOL AnalysisHello,
Here is my plan IF we see a breakout from this trendline to the upside.
I am planning to hold it until it reaches the diagonal trendline that was validated with the recent swing high. I've marked it for you.
Stop loss is below the swing low and the downside of the trend channel for more security and to avoid fake outs.
Please dyor and enter only if the price breaks like mentioned above.
Stay safe and keep earning :)
BINANCE:SOL/USDT - Confirmed breakout and Long Trade entry---------------------------------------------------------------
Description
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+ Falling wedge pattern on SOL. Clear breakout from the falling wedge
+ Next target for SOL is previous high at 126 range
+ With this clear breakout, hitting the target is an easy achievement
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VectorAlgo Trade Details
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Entry Price: 100.6
Stop Loss: 92.8
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Targets 1: 104
Targets 2: 108
Targets 3: 116
Targets 4: 126
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Timeframe: 12h
Capital: 1-2% of trading capital
Leverage: 5-10x
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Note: Don't forget to keep the stop-loss.
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
SOL 1 cycle behind ETH theory mapped outSOL 1 cycle behind ETH theory mapped out
pretty self explanatory; i think there is a very good chance this plays out. ill be following this macro wise and playing it accordingly.
we could also be a bit further along and about to make that climb back up to the 100MA,, but i think stocks crash again so we prob aren't there yet. just running on feelings and macro fractals across the board right now.
if SOL gets down there ill be accumulating for the trip to $900-1000 SOL. with my galactic geckos in tow.
patience is the name of the game right now unless your scalping dips.
gl