7.9 SOL layout strategy


During the decline, the candlestick pattern shows 'more bearish candles than bullish, large bearish bodies, small bullish bodies': in the downtrend, bears take the initiative, with large and continuous declines; in the rebound phase, bulls are weak, with small and short-lived rebounds. This is a typical 'weak decline + weak recovery' trend, with bears completely dominating the market. Shorting with the trend is a high-probability choice.
Entry range: 79.5-80.5 (open short positions in batches, short at high levels)
Stop loss: 82 (yesterday's high; if broken, abandon the short strategy directly)
Take profit target: around 76 (near the lower Bollinger band, a low-pressure level) #SOL
SOL-0.97%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned