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.
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.
交易進行
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.
交易結束：達到停損點
Broke out of the flag to downside. Trade stopped out.
Not Financial Advice, for education purposes only. Do your own do diligence.
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
Not Financial Advice, for education purposes only. Do your own do diligence.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。