$SOL/USDT 1h (#BinanceFutures) Falling channel on midline

Solana is looking good for a bounce on demand zone here and resume bullish after.

Current Price= 42.10
Buy Entry = 41.92 - 40.72
Take Profit= 44.95 | 47.57 | 49.75
Stop Loss= 38.41

Risk/Reward= 1:1.25 | 1:2.15 | 1:2.9
Expected Profit= +17.58% | +30.36% | +40.80%
Possible Loss= -14.08%

Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week

Tags: #SOL #SOLUSDT #PoS #Staking #PoH #Blockchain #Scaling #NFT #Web3 #Lending #DApp #DeFi #BSC #SolEco $WSOL

Website: solana.com

Contracts:
#Mainnet
#BEP20 0x570a5d26f7765ecb712c0924e4de545b89fd43df
#SPL So11111111111111111111111111111111111111112

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP1 reached with +17.58% (2x) and +1.25R

Solana bounced back then broke-out regaining 100EMA as forecast, that's a nice relief!
Now almost at second target, let's hope we'll hit it soon, SL adjusted to last entry (40.72) anyway.

Transakcja zamknięta: osiągnięto wyznaczony cel:

TP2 reached with +30.36% (2x) and +2.15R

Solana continued upwards bringing nice profit and is now pulling back to support.
Last target is in play, SL edited up to highest entry (41.92) to secure the trade.

Zlecenie zamknięto ręcznie:

Remaining position closed with +2.90% (2x) and +0.21R

Solana lost support and broke-down locally, we've got kicked-out in small profit.