Experienced trader with 4 yeaes in forex, 5 years in investments, strong background in crypto. Accountant and microeconomist, bring an analytical edge to London
I've bought SOL/USDT at 207.03 with a stop-loss set at 206.83. My ideal target is 208.51. This trade is for educational purposes only, based on the RSI and MACD turning bullish. I'm waiting for confirmation from the 20 and 50 Exponential Moving Averages (EMAs). And I will add more!
$SOL The overall trend for SOLUSDT remains bullish in the long-term as well as the medium-term, indicating sustained upward momentum and strong buyer interest. However, on the short-term (15-minute chart), the price action is currently bearish, suggesting near-term pullbacks or corrective moves before potential continuation of the broader uptrend.
$SOL Solana (SOL) is revisiting its support zone around $168.99. After recent volatility, price action suggests SOL is testing this critical level, which could act as a foundation for the next move. Traders should watch for confirmations of support before considering new positions.
#ShareYourThoughtOnBTC Despite short-term volatility, the long-term trend for Bitcoin (BTC) remains bullish, indicating continued growth potential over time. However, the medium-term trend is bearish, showing current market weakness and possible price corrections ahead. Educational purpose only.