SOLT/SBIT Trading Pair - 15 minute

This is the SOLT/SBIT trading pair 15 minute chart. Trade 2x Solana long or 2x Bitcoin short ETF's in your brokerage account. We are trading SOLT because it generally outperforms Bitcoin on the upside. As there is no -2x Solana short ETF, we use SBIT for the downside. BEWARE! As these are leveraged ETF's you can get wrecked in a heart beat. Manage position size and use stop losses to limit risk! Not Financial Advice.

We are now trading at the bottom of a horizontal channel just off All Time Lows for the pair. Stochastic RSI is low, RSI is oversold, and the BlackCat indicator is nearing the end of a down trend. The horizontal channel coincides with a Bull Flag pattern on the Solana 1 hour chart. A buy of SOLT at $2.60 with a tight stop loss at $2.52 risks -2.90% with Solana target of $110 is about 44.5% upside potential for SOLT target of $3.74

See my 1 hour Solana chart for more technical analysis of the Solana trade.

WARNING! HIGH RISK, HIGH REWARD POTENTIAL.

액티브 트레이드

Slightly better wording...
We are now trading at the bottom of a horizontal channel just off All Time Lows for the pair. Stochastic RSI is low, RSI is oversold, and the BlackCat indicator is nearing the end of a down trend. The horizontal channel coincides with a Bull Flag pattern on the Solana 1 hour chart. A buy of SOLT at $2.60 with a tight stop loss at $2.52 equals a -2.90% risk. The Solana bull flag target of $110 is about 44.5% upside target of $3.74 for SOLT. Selling SOLT at another channel top rejection would net about a 16.5% reward.

거래청산: 스탑 닿음

Broke out of the flag to downside. Trade stopped out.

Silent_Canoe

Not Financial Advice, for education purposes only. Do your own do diligence.

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Silent_Canoe

Not Financial Advice, for education purposes only. Do your own do diligence.

또한 다음에서도: