First of All, Thank you all for the support you guys showed on my previous post ! Also, the analysis was accurate as well to a great extent, so I hope it helped you guys to manage your trades accordingly !
Secondly, Don't be Haunted by the Noise in the market right now. The king or any other Alt-coin, no one was able to break the previous Bottom. That is actually a good sign to hope for a speedy recovery. But this dip, was bound to happen, as I have been telling you guys about it from a long time ago ! Still, don't be the hunt, be the hunters. Stay Calm. I'm here to help you in any way that's possible for me. Trust the Process.
Last but not Least, SOL is looking attractive today. It took the sharpest dip, according to my analysis and got a favorable bounce back from a support. It looks like it is forming a Bullish pattern and that is exactly what I'm here to describe. Here's a small trade set-up for you guys as a bonus :
From your Profits risk 20% for this trade ONLY ! Enter at $141 with a stop loss to close 50% of the trade at $136 and then re-enter if a bounce is seen towards $140 again. Set your first take profit at $147 and then at $155.
But remember, Don't believe in me or anyone else. Stay Steadfast with your own analysis. That is the only thing that will save you from this Bloody Market. The trade set-up is only to help you guys to get an over view of the situation. You may take it or not, the buttons are in your hand, Master !
Also, pray that Trump Uncle does not impose any tariff on posting or else I will be Unable to ! :)
Happy Trading !
