#SOL
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone in green at 77.59. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 82.60
Target 1: 83.50
Target 2: 84.39
Target 3: 85.63
You can stop at the first and second targets and close below them, or continue towards the third target. Stop Loss: At the resistance zone in green.
Remember this simple rule: Money Management.
Any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone in green at 77.59. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 82.60
Target 1: 83.50
Target 2: 84.39
Target 3: 85.63
You can stop at the first and second targets and close below them, or continue towards the third target. Stop Loss: At the resistance zone in green.
Remember this simple rule: Money Management.
Any questions, please leave a comment.
Thank you.
Transakcja zamknięta: osiągnięto wyznaczony cel
#SOL
Target 1: 83.50
Target 2: 84.39
Target 3: 85.63
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📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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👉 t.me/CryptoSignalFuturesSpot
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📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.