SOLUSDT1H trend chart
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SOL is consolidating as a Darvas box so far.
Now it is trying to break out the short-term downtrend line, but might get resistance from the ceiling of box(orange area).
So we can wait it to get rid of this box, if it does, trading strategy as below.
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Profit Targets:
a) 174.475~175.330----Fib(1.272~1.382)
b) 177.160----Fib(1.618)
c) 180.130----Fib(2)
Stop losses:
a) 169.440-----Red horizontal ray
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🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
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→Join Teaching Group for free!(PM me)
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.