SOL: DOUBBLE TOP PATTERN - CORRECTION ?

9월 20일

#sol
SOL

SOL formed a double top pattern in the 4h time frame , Which is not completed yet as well as not confirmed . Lets straight into chart -

A double top is a bearish technical reversal pattern signaling a potential trend change (Don't forget we are in the bull run , sometimes come little corrections ) after an asset hits a resistance level twice without breaking through, indicating a potential shift from an uptrend to a downtrend ( May be some corrections here). This pattern, often a clue for traders to open a short or sell positions,
IS confirmed when the price drops below the support level.

KEY NOTE-
1. Wait for breakout .
2. Wait for confirmation .
3. Don't take any action until the break the support .
4. Do Your Own Research before diving , #NFA

TRADE SET UP-

SHORT- $232

STOP LOSS- $243

TAKE PROFIT -$215

Don't forget to Follow - Next soon....

7일 전

액티브 트레이드

7일 전

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