#SOL/USDT 1h (OKX Futures) Rising wedge breakdown and retest

31 de jan. de 2024

Solana lost 50MA and is pulling back to that resistance, seems likely to head towards 200MA support next.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%

Current Price:
99.17

Entry Targets:
1) 101.77

Take-Profit Targets:
1) 93.28

Stop Targets:
1) 106.02

Published By: @Zblaba

SOL SOLUSDT.P #Solana #SPL #PoS #L1 solana.com

Risk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days

31 de jan. de 2024

Trade ativo

OKX Futures
SOLUSDT.P All entry targets achieved
Average Entry Price: 101.77 💵

SOL went back up retesting 50MA and just got rejected on it, promising start.

1 de fev. de 2024

Trade fechado: objetivo atingido

OKX Futures
SOLUSDT.P All take-profit targets achieved 😎
Profit: 41.7117% 📈
Period: 14 Hours 18 Minutes ⏰

SOL went down to 200MA support as planned, that was on point!

2 de fev. de 2024

Nota

What a bumpy road, now back to entry, good thing we took profit on time!

6 de fev. de 2024

Nota

SOL set-up played out twice in a row, what a killer trade, congrats to all shorters!