SOL/USDT : Formed a bearish pennant !

17 Nis 2022

SOLUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

SOL has formed a bearish pennant at current level, So the majority is with bears.
But as always; We have to be ready for both phase of market !
That's why I mentioned two trading setups on the chart.

- If we get the rejection below the pennant, Then I'll located my Short on a proper retest of marked blue zone and aim for $84 .
Trading Setup have been mentioned on chart !

- If we get the break-out above the pennant, Then I'll wait for another confirmation of break-out above the local S/R zone a $106; I'll locate my Long on a proper retest of broken S/R zone and aim for $19.5 .
Trading Setup have been mentioned on chart !

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Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades