SOLANA - Get Ready for the Next Surge

The crypto bull market continues unabated. The price of Solana is also rising, but is weaker than some other coins. We expect a temporary correction on the crypto market in the coming days and want to use this opportunity to position ourselves long in SOL. We choose the 38.2% retracement as our entry point and set our stop loss below 78.4%. We target the $180 area, so this trade offers a great RRR of more than 3:1.

Commento:

We can now trail our Stop Loss to 0.036.
Therefore, our RRR increases to even greater 28.5:1

Trade attivo:

The trade was activated in yesterday's dump and we are already in profit.

Commento:

Those who follow this setup can trail their stop loss to break even

Commento:

The comment from 3rd March was a mistake. It should have been in the update section belonging to SLP.
I apologize for this mistake.

Trade chiuso: obiettivo raggiunto:

This was a nice one :)