Market Cap SOL, $
Long
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Solana / SOL - Market Cap - Idea I

867
Hey guys,

Yearly closed bullish above 50%

3M = Inside Bar - lower volatility
closes bearish but still above major support lines.
-> Bullish?

1M: Inside Bar in a Triangular Formation - we are in a Neutral Market right now.
-> looking to go long from the lower end and short from the upper end of the triangle.

3D: There seems to be a bullish Setup in place on the monthly and the 3D Signal could be fired soon -> trendline must be broken, I prefer to see a retest of it before considering a long position as we might see another wash out. I will use a trading system to enter.

Thanks for reading…
Note
this would be a good place to take profits - wait for a break above and retest of this area to consider long positions or just close 75 % of the trade.

snapshot

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