Solana at support

21 dic 2024

Solana is at a major support level. SOL/USD tapped it's EMA200 at $175 yesterday. Also, it's currently trading near it's S3 level on the TTCATR indicator set to EMA20 with ATR3. Plus, it's RSI is at 31 oversold. And lastly the $180 zone has acted as a resistance area in March, May and July, so now it has flipped that to a support area.

Trade idea:
Long = 180
Stop = 170
Profit = 260

3 gen

Nota

5 gen

Nota

I had a cool idea💡. Drop the CA of a new Solana token that you're watching. I'll start in the comment section.

8 gen

Nota

Good day to start dca buying Solana today in the 180's

9 gen

Nota

Solana at 183 this afternoon.

18 gen

Trade chiuso: obiettivo raggiunto

18 gen

Nota

I sold at 244 and read newsworthy current events for Solana. I bought back in at 244.

19 gen

Nota

250 stop held overnight, but 290 take profit executed overnight.

24 gen

Nota

Solana is consolidating in an imperfectly formed bull pennant / bull flag. It is crypto so you can't expect a perfectly formed pattern. If there's a breakout then I can see SOL/USD hitting +400. If this quazi bull pattern is broken, then a long Solana trade is invalidated.

30 gen

Nota

Solana bullflag pattern thesis still intact.

2 feb

Nota

Crypto is rolling over. Stop loss levels are key.