SOL/USDT : When to buy ?

31 de ago. de 2021

SOLUSDT
Hello everyone 😃

Recently we suggest to buy SOL, around ~$50 and ~$70.
Now it's reaching our last main target, So we expecting a retest on supports levels for a logical correction.

But where can we enjoy the ride again ?
- There are two formed/broken levels that SOL didn't retest them.
- Formed 12H's order block at $91.75 - $96.17
- Broken bullish trendline which has protect the ATH from bulls.

🔰 12H's MA50 is reaching the trendline and swing traders might use it as a retest level to set their bids there.
They would use ( Trend catcher/Catch the wave ) strategy !
📚 Also there is a bearish divergence on RSI, How ever volatility is showing a bullish crossover but you need to be attention on your funds...

So what is my plan ?
- I'll sell 60% of my holding here at mentioned green line, I'll set my bids on H12 and trendline.
- 📊 I'll buy again after a hold above higher line ( If it's happened ).
- 🔴 Any close below trendline will be an invalidation for LONG setups...

Hope you enjoyed our analysis about SOL's possible directions🙌
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Also you can share your opinion with us in comments 😉🙋🏼‍♂️

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

Have a good day!
Helical_Trades

4 de set. de 2021

Trade fechado: objetivo atingido

1st target is here !