Here's a quick look at SOL 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break soon! Definitely one to keep an eye on. If SOL breaks down from the descending triangle, the price could go down to 120$ and if that level doesn't hold, then the price will very likely come down to 100$. The best entry would be, when the price breaks above the descending triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone . 1. 180$ 2. 192$ 3. 215$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!