SOL next move could be bullish
Updated
Bullish outlook for SOL:
Trading strategy (bullish scenario):
Disclaimer: This is not financial advice, just a potential bullish scenario.
- Fib levels suggest potential upward movement in a bullish market.
- Retracement could reach the golden pocket area (marked on chart).
- SOL already touched key levels within the pocket (0.618 & mid-point).
- Reaching the top of the golden pocket (115) is a possibility, but not guaranteed.
Trading strategy (bullish scenario):
- Long entry at golden pocket retracement with stop-loss based on your risk tolerance.
- Move stop-loss to entry point upon profit, securing initial investment.
- Gradually book partial profits as price rises.
- Trail stop-loss upwards throughout the move.
Disclaimer: This is not financial advice, just a potential bullish scenario.
Note
Forget the golden pocket, SOL found the rocket ship and ain't looking back.
Disclaimer
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