SOL Evening Order Strategy Sharing (12.13)
1. Good evening everyone, I am Chen Mengsheng. A few days ago, I met with the founder, so I didn't update the long position for SOL. We bought at 200 and reached around 220. If you didn't catch the 20-point profit, I can only continue to work hard to update you all. 😂 The high point of this rebound for SOL is around 234. The third wave is judged as a downtrend. The 1-hour chart shows the Bollinger Bands contracting with a downward trend. After breaking the rising channel at the high point of 264, SOL has not re-entered the channel and has fallen back to around 200 after touching highs near 246. Therefore, for this trade, we still choose to buy at lower points, especially for weekend orders. Missing out is a hundred times better than making a wrong move. Please note that the 4-hour MACD indicator may show a reversal!
2. In terms of levels, we will go long around 198-200. The target remains unchanged, and we also see 220-225 as a take-profit target. You can take profits in batches. If there isn't a significant market movement tonight, just set your orders. The weekend is coming soon, so I wish everyone an enjoyable weekend in advance. This week has been fruitful. We'll fight again next week! 😘$SOL