Hope you find value from this post.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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SOL broke out from the Red Resistance Trend Line and is now sitting above its 12MA and is headed for the 21MA at about $161.51.
Retracement now could bring SOL back down towards the Green Horizontal Bar.
Further push to the downside will bring SOL towards the dashed trend line.
Today's first order of business is to push past $157.78 and close above its 12MA.
MACD: Shallow Bullish Divergence.
Stoch RSI: Headed towards the 80 Level, momentum still Bullish.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
SOL broke out from the Red Resistance Trend Line and is now sitting above its 12MA and is headed for the 21MA at about $161.51.
Retracement now could bring SOL back down towards the Green Horizontal Bar.
Further push to the downside will bring SOL towards the dashed trend line.
Today's first order of business is to push past $157.78 and close above its 12MA.
MACD: Shallow Bullish Divergence.
Stoch RSI: Headed towards the 80 Level, momentum still Bullish.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader