Trade Overview:
BTC's sharp reversal off support has uplifted the overall market, presenting a potential opportunity to go long on bullish altcoins like SOL, currently resting on support.
Trade Setup:
Entry: Enter the trade at $142.00.
Take Profit: Consider taking 25% profit at $150 and the remaining balance at $160 - $170.
Stop Loss: Set the stop loss just below $138 to manage risk effectively.
Risk Management:
Until BTC can regain higher resistance levels, view this as a relief bounce.
Take profits opportunistically and manage trades closely amid market volatility.
📊🛡️ Exercise diligence and monitor SOL's price action for trade management! #SOLTrading #CryptoAnalysis 📉🚀
BTC's sharp reversal off support has uplifted the overall market, presenting a potential opportunity to go long on bullish altcoins like SOL, currently resting on support.
Trade Setup:
Entry: Enter the trade at $142.00.
Take Profit: Consider taking 25% profit at $150 and the remaining balance at $160 - $170.
Stop Loss: Set the stop loss just below $138 to manage risk effectively.
Risk Management:
Until BTC can regain higher resistance levels, view this as a relief bounce.
Take profits opportunistically and manage trades closely amid market volatility.
📊🛡️ Exercise diligence and monitor SOL's price action for trade management! #SOLTrading #CryptoAnalysis 📉🚀
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.