Solana is on a preparation for a massive short to the 17 ~ 15 dollars range.
On a daily frame, SOL break out of the raising trend (raising edge shape).
I had already a previous analysis which I will keep and share here.
New short trade:
Entry: 21.1 ~ 21.5
TP1 (25%) = 19.62
TP2 (25%)= 17.01
TP3 (25%)= 15.01
Hold the rest and put your stoploss to entry
Stoploss ~ 10% from your entry point (this amount must be an amount that you are willing to lose)
Use low leverage if you are using future. Good luck and please support
On a daily frame, SOL break out of the raising trend (raising edge shape).
I had already a previous analysis which I will keep and share here.
New short trade:
Entry: 21.1 ~ 21.5
TP1 (25%) = 19.62
TP2 (25%)= 17.01
TP3 (25%)= 15.01
Hold the rest and put your stoploss to entry
Stoploss ~ 10% from your entry point (this amount must be an amount that you are willing to lose)
Use low leverage if you are using future. Good luck and please support
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