SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower. As always manage your risk and ask questions!!
Trade active
Failed to make a higher high and broke the upward trend. Can look to take this shirt with a stop at 115.Trade active
Below $100 and this will have some legs for a bigger move south!Trade closed: stop reached
Stopped out at breakevenNote
wow this thing is runningggg
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-Trade Daddy
-Trade Daddy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
“You have power over your mind – not outside events. Realize this, and you will find strength.“
-Trade Daddy
-Trade Daddy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.