Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🪞"Mirror, mirror on the chain, which L1 is fast and reigns?"
🔮 Solana: The fairest of them all! ⚡️🚀
📈After rejecting the upper bound of its channel, SOL has been in a correction phase and it is currently nearing the lower bound of the channel.
Moreover, the $175 - $190 zone is a strong support and structure.
🏹 Thus, the highlighted blue arrow zone is a strong area to look for buy setups as it is the intersection of support and lower green trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOL approaches the intersection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🪞"Mirror, mirror on the chain, which L1 is fast and reigns?"
🔮 Solana: The fairest of them all! ⚡️🚀
📈After rejecting the upper bound of its channel, SOL has been in a correction phase and it is currently nearing the lower bound of the channel.
Moreover, the $175 - $190 zone is a strong support and structure.
🏹 Thus, the highlighted blue arrow zone is a strong area to look for buy setups as it is the intersection of support and lower green trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOL approaches the intersection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.