If you check the price structure on the higher timeframe like daily and weekly, you will notice that this pair has been ranging.
Depending on the move of the BTC, Sol will just follow.
But what's important with this long setup is the breakout in the structure, then will follow by a re-test. That will ensure an accuracy of your entry with a minimal and tight stoploss.
Depending on the move of the BTC, Sol will just follow.
But what's important with this long setup is the breakout in the structure, then will follow by a re-test. That will ensure an accuracy of your entry with a minimal and tight stoploss.
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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.
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.