BOLL support price: $4.742 - BOLL resistance price: $5.435 Now, let's suggest three trading strategies for TON: 1. Breakout Strategy: - Direction: Bullish - Entry Price: $5.435 (above the BOLL resistance price) - Take Profit: Set a target at a reasonable price level, such as $6.00 - Stop Loss: Place a stop loss below the entry point, around $5.20 - Strategy Characteristics: This strategy aims to capitalize on a potential breakout above the BOLL resistance. It assumes that the price will continue to rise after breaking through the resistance level. It is important to closely monitor the price action and adjust the stop loss and take profit levels accordingly. 2. Pullback Strategy: - Direction: Bullish - Entry Price: $5.20 (near the BOLL support price) - Take Profit: Set a target at a reasonable price level, such as $5.90 - Stop Loss: Place a stop loss below the entry point, around $4.90 - Strategy Characteristics: This strategy assumes that the price may experience a temporary pullback towards the BOLL support before resuming its upward trend. It aims to enter at a favorable price during the pullback and profit from the subsequent upward movement. 3. Trend Reversal Strategy: - Direction: Bearish - Entry Price: $5.00 (below the current price) - Take Profit: Set a target at a reasonable price level, such as $4.50 - Stop Loss: Place a stop loss above the entry point, around $5.30 - Strategy Characteristics: This strategy assumes a potential reversal in the upward trend of $BTC $ETH $BNB
Probably this would be your last chance to buy $SOL before it takes off for the final ride, if we miss it, fine. But definitely not going to enter above $150, a wick below to $142 is what we would wait for ✅ #Solana #signalsfree #HotTrends
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