We are considering two scenarios for the SOL/USDT pair.
After reaching the $68 level, the asset's price dropped to $51.08. At this point, there was a successful test of a strong inclined support level, followed by a confident rebound. Currently, due to the decline, an inclined resistance level has formed.
First Scenario: Upon the third approach to the inclined resistance level and price consolidation below it, there is a possibility of entering a long position. The potential target is $60, with a second target set at $68.
Second Scenario: If the decline continues and the price consolidates near the inclined support level, followed by a break above it and reaching $47.5 with a solid rebound and confirmation above $47.5 on high trading volume, there is consideration for entering a long position within this price range.
The growth potential is estimated up to $60.
After reaching the $68 level, the asset's price dropped to $51.08. At this point, there was a successful test of a strong inclined support level, followed by a confident rebound. Currently, due to the decline, an inclined resistance level has formed.
First Scenario: Upon the third approach to the inclined resistance level and price consolidation below it, there is a possibility of entering a long position. The potential target is $60, with a second target set at $68.
Second Scenario: If the decline continues and the price consolidates near the inclined support level, followed by a break above it and reaching $47.5 with a solid rebound and confirmation above $47.5 on high trading volume, there is consideration for entering a long position within this price range.
The growth potential is estimated up to $60.
Nota
We entered positions on the test after breaking the inclined resistance level at a price of 56.50.Check the live chart to see the details
Dagangan aktif
UPD: We are closing half of the position with a 7.2% profit at a price of $60.60.Dagangan ditutup: sasaran tercapai
We have reached the target and are closing the entire position at a price of $70.50, taking 25% profit.
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.