I just opened a solana short position if anyone wants to follow along.
Roughly 3RR
Based on my analysis I think the market is gonna push to make a lower low soon and will likely fall to the $129.6 area and maybe lower but i might be a sleep so setting a hard target at that area so that Its likely to get hit.
I did not wait for any special type of entry confirmation here I think its high enough and my stop is at good invalidation point in a relatively safe area and good level. I don't expect much upside movement from here. This should be an attract area for other sellers to get in.
Roughly 3RR
Based on my analysis I think the market is gonna push to make a lower low soon and will likely fall to the $129.6 area and maybe lower but i might be a sleep so setting a hard target at that area so that Its likely to get hit.
I did not wait for any special type of entry confirmation here I think its high enough and my stop is at good invalidation point in a relatively safe area and good level. I don't expect much upside movement from here. This should be an attract area for other sellers to get in.
Nota
Not professional but I adjusted my sol stop to $141.5 incase get minor speak up above wick highs. Nota
Repositioned solana short
Nota
Closed out 90% of solana short position.
If you guys want to learn to trade like this. Send me a dm asap.
Nota
Decided to close my solana short
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.