SOL/USDT is potentially forming a bullish head and shoulders pattern. The pattern may activate if it closes above $173.07 thereby confirming a breakout.
For a better risk-to-reward ratio, consider buying on a pullback within the range of the right shoulder.
Targets are $182 and $188. While not yet confirmed, there's a high probability of a breakout.
Invalidation if closes below the bottom of right shoulder 164.4 in 1hr time frame.
You can also place a limit order at 164.4 for a better RRR. However, make sure to close your trade if the price closes below this level, as this would invalidate the pattern.
For a better risk-to-reward ratio, consider buying on a pullback within the range of the right shoulder.
Targets are $182 and $188. While not yet confirmed, there's a high probability of a breakout.
Invalidation if closes below the bottom of right shoulder 164.4 in 1hr time frame.
You can also place a limit order at 164.4 for a better RRR. However, make sure to close your trade if the price closes below this level, as this would invalidate the pattern.
Trade attivo
Tp 1 reached next 188Trade chiuso manualmente
Take profit now partially until it reaches the 188 level, to lessen emotional distresses or take profit 100%
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.