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Technical analysis by rounder88 about Symbol SOL on 10/27/2022

https://sahmeto.com/message/3329598
rounder88
rounder88
Rank: 9142
1.6
،Technical،rounder88

I expect Solana and BTC to drop one level further down probably, ideally SOL finding supporrt at bottom of 29, and bitcoin at top of 19k, then i expect the market to move next monday, if during friday and the weekend, the support hold. Today I traded 32-31.6, 31.12 to 31.55, 30.47 to 30.94, Now I waiting for either a short from around 31.6, or a long from 29.77 to 30.2 with tailing stop loss, in case it does a quick bounce back to 31 range, but I expect the weekend to be traded 29.3-30.9. If nothing happens before I go to sleep, probably I will set up a limit sell at 32.2 with a stop loss of 32.33 and tp 1% trailing stop, second order I would probably preset is at 29.77 with a stop loss at 29.67 and take profit 30.2 if this stops out there will be a second limit order at 29.47 with 29.27 stop loss and a 3% trailing profit order, I would let the second, lower limit buy ide high if it can, especially if the first long order succeed before it gets lower to the second long order.My trading strategy is still evolving, don't take these as advice, I'm not a professional trader, however I look forward to hear in the comments from pros and amateurs as well.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$30.74
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