#sol
SOL
SOL formed a double top pattern in the 4h time frame , Which is not completed yet as well as not confirmed . Lets straight into chart -
A double top is a bearish technical reversal pattern signaling a potential trend change (Don't forget we are in the bull run , sometimes come little corrections ) after an asset hits a resistance level twice without breaking through, indicating a potential shift from an uptrend to a downtrend ( May be some corrections here). This pattern, often a clue for traders to open a short or sell positions,
IS confirmed when the price drops below the support level.
KEY NOTE-
1. Wait for breakout .
2. Wait for confirmation .
3. Don't take any action until the break the support .
4. Do Your Own Research before diving , #NFA
TRADE SET UP-
SHORT- $232
STOP LOSS- $243
TAKE PROFIT -$215
Don't forget to Follow - Next soon....
SOLSOL formed a double top pattern in the 4h time frame , Which is not completed yet as well as not confirmed . Lets straight into chart - A double top is a bearish technical reversal pattern signaling a potential trend change (Don't forget we are in the bull run , sometimes come little corrections ) after an asset hits a resistance level twice without breaking through, indicating a potential shift from an uptrend to a downtrend ( May be some corrections here). This pattern, often a clue for traders to open a short or sell positions,
IS confirmed when the price drops below the support level.
KEY NOTE-
1. Wait for breakout .
2. Wait for confirmation .
3. Don't take any action until the break the support .
4. Do Your Own Research before diving , #NFA
TRADE SET UP-
SHORT- $232
STOP LOSS- $243
TAKE PROFIT -$215
Don't forget to Follow - Next soon....
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.