$SOL/USDT 1h (Binance Futures) Descending channel near breakout

26 Şub 2021

Solana is forming a bullish flag and is looking ready to go for a new ATH (All Time High).

Current Price= 15.0445
Buy Entry= 14.8542 - 14.4342
Take Profit= 16.0321 | 18.1594 | 19.8427
Stop Loss= 13.5295

Risk/Reward= 1:1.25 | 1:3.15 | 1:4.66
Expected Profit= +18.96% | +48.00% | +71.00%
Possible Loss= -15.22%

Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days

26 Şub 2021

İşlem aktif

All entries filled

Solana dipped as expected, let's see if it bounces back now!

26 Şub 2021

İşlem kapandı: durdurma seviyesi

SL hit with -15.22% (2x) and -1R

Seems like Solana is dipping lower, better take a loss until I see another opportunity to enter.
Market is looking weak and could continue the correction this weekend.