Observation:
SOL faced rejection at $160 and retraced to a supportive zone. Potential correlation with BTC's performance.
Trade Setup:
Entry: $126 - $140.
Take Profit: $160 - $170 or $200 - $220.
Stop Loss: Tight below $120 or BTC's $60,000 support loss.
🚨 Risk Management:
Trade is against BTC's downtrend on higher time frames.
Monitor BTC closely; any loss of support prompts trade exit.
📊 Strategy Rationale:
Anticipate SOL's recovery if BTC maintains $60,000 - $61,500 support.
Tight stop loss minimizes potential losses in uncertain market conditions.
📉🔍 Stay attentive to BTC's movements for trade adjustments! #SOLTrading #BTCAnalysis 📈🚀
SOL faced rejection at $160 and retraced to a supportive zone. Potential correlation with BTC's performance.
Trade Setup:
Entry: $126 - $140.
Take Profit: $160 - $170 or $200 - $220.
Stop Loss: Tight below $120 or BTC's $60,000 support loss.
🚨 Risk Management:
Trade is against BTC's downtrend on higher time frames.
Monitor BTC closely; any loss of support prompts trade exit.
📊 Strategy Rationale:
Anticipate SOL's recovery if BTC maintains $60,000 - $61,500 support.
Tight stop loss minimizes potential losses in uncertain market conditions.
📉🔍 Stay attentive to BTC's movements for trade adjustments! #SOLTrading #BTCAnalysis 📈🚀
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.