$SOL/USDT 1h (#BinanceFutures) Falling channel on midline

27 May 2022

Solana is looking good for a bounce on demand zone here and resume bullish after.

Current Price= 42.10
Buy Entry = 41.92 - 40.72
Take Profit= 44.95 | 47.57 | 49.75
Stop Loss= 38.41

Risk/Reward= 1:1.25 | 1:2.15 | 1:2.9
Expected Profit= +17.58% | +30.36% | +40.80%
Possible Loss= -14.08%

Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week

Tags: #SOL #SOLUSDT #PoS #Staking #PoH #Blockchain #Scaling #NFT #Web3 #Lending #DApp #DeFi #BSC #SolEco WSOL

Website: solana.com

Contracts:
#Mainnet
#BEP20 0x570a5d26f7765ecb712c0924e4de545b89fd43df
#SPL So11111111111111111111111111111111111111112

30 May 2022

İşlem kapandı: hedefe ulaştı

TP1 reached with +17.58% (2x) and +1.25R

Solana bounced back then broke-out regaining 100EMA as forecast, that's a nice relief!
Now almost at second target, let's hope we'll hit it soon, SL adjusted to last entry (40.72) anyway.

31 May 2022

İşlem kapandı: hedefe ulaştı

TP2 reached with +30.36% (2x) and +2.15R

Solana continued upwards bringing nice profit and is now pulling back to support.
Last target is in play, SL edited up to highest entry (41.92) to secure the trade.

1 Haz 2022

İşlem elle kapatılmış

Remaining position closed with +2.90% (2x) and +0.21R

Solana lost support and broke-down locally, we've got kicked-out in small profit.