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.
交易進行
Tp 1 reached next 188手動結束交易
Take profit now partially until it reaches the 188 level, to lessen emotional distresses or take profit 100%
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