$SOL said Let me take you to 124 but first let me ruin your long
Right now SOL is at 118.60. To go up it has to break 2 walls.
Wall 1 is 119.5 to 120. This is the current sell zone. Price just dumped from here. We need a 1H candle close above this for any long.
Wall 2 is 122.5 to 124.43. This is the final boss. All sellers are sitting here. This is the Bearish FVG.
Will it go above 124. Directly from here low chance.
For 124 plus we need price to drop first to 116 to 114 to fill its old bullish gap. Then buyers need to step in with strong volume there. Then price needs to break and close above 120.
If 111.05 breaks then the 124 dream is over and price will go lower.
Simple plan. Do not long now. Wait. If it comes to 114 to 116 and prints a big green reversal candle then think long. Target will then be 122 and 124.
LONG TRADE SIGNAL
Coin is SOL USDT 4H.
Entry1 equals 114.5 to 116.0
Entry2 equals 112.0 to 113.0
Avg Entry equals 114.5
SL equals 110.9 close below 111.05
Risk equals 3.5 percent
TP1 equals 119.53
TP2 equals 122.59
TP3 equals 124.30
$XRP
$BTC
#writetoearn
Right now SOL is at 118.60. To go up it has to break 2 walls.
Wall 1 is 119.5 to 120. This is the current sell zone. Price just dumped from here. We need a 1H candle close above this for any long.
Wall 2 is 122.5 to 124.43. This is the final boss. All sellers are sitting here. This is the Bearish FVG.
Will it go above 124. Directly from here low chance.
For 124 plus we need price to drop first to 116 to 114 to fill its old bullish gap. Then buyers need to step in with strong volume there. Then price needs to break and close above 120.
If 111.05 breaks then the 124 dream is over and price will go lower.
Simple plan. Do not long now. Wait. If it comes to 114 to 116 and prints a big green reversal candle then think long. Target will then be 122 and 124.
LONG TRADE SIGNAL
Coin is SOL USDT 4H.
Entry1 equals 114.5 to 116.0
Entry2 equals 112.0 to 113.0
Avg Entry equals 114.5
SL equals 110.9 close below 111.05
Risk equals 3.5 percent
TP1 equals 119.53
TP2 equals 122.59
TP3 equals 124.30
$XRP
$BTC
#writetoearn
