SOL / USDT Trade setup 11 december 2021
This is the stetup I'm going with for Solana in the coming days
The RSI is at overbought at the moment so I think it's possible to see a pullback towards the lower support again. I will enter a position there. I think we could see a bounce back from there and at the top of the box I will close my position. I don't think we are going to see a big run up in the remainder of 2021 so I'm looking at small trades now.
On the 4 hour timeframe the RSI indicator is showing a bottom right now just like the daily timeframe this makes me believe we aren't going any lower for the time being and just consolidate sideways for now.
ENTRY 165 - 160$
TP 180 - 172$
SL around -2% of entry
The RSI is at overbought at the moment so I think it's possible to see a pullback towards the lower support again. I will enter a position there. I think we could see a bounce back from there and at the top of the box I will close my position. I don't think we are going to see a big run up in the remainder of 2021 so I'm looking at small trades now.
On the 4 hour timeframe the RSI indicator is showing a bottom right now just like the daily timeframe this makes me believe we aren't going any lower for the time being and just consolidate sideways for now.
ENTRY 165 - 160$
TP 180 - 172$
SL around -2% of entry
עסקה פעילה
Entry zone is hit trade is active
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.