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coin name:
Signal type
bearish ( short) risky trade
why i think sol will go downside ?
1. I can see a descending triangle in shorter timeframe. Technically descending triangle is mainly bearish pattern. But not yet broken to the down side but some times it can be broke to the upside so take trade after breakout.
2. In weekly timeframe I can see #sol holding a support line I have added a picture check it out. If sol breaks this support line yeah it can drop to the downside.
3. BTC is bearish so sol can follow btc movement.
when I will take entry?
I will open my entry now but I will recommend you to open trade after breakout or breakdown.
entry price- 25.86
1st tp- 24.78
2nd tp- 24.3
3rd tp - 23.8
SL - 26.1
note use only 10x leverage