SOL: Summary of discussions in the wwg community (00:00:10 ~ 01:00:10)

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1. The current recommended direction is to short SOL. The short position has already reached all three target points (the Lunar Bag target), and the price is expected to fall below 80. A bearish divergence pattern has formed in the low time frame (LTF), indicating that the bearish momentum will strengthen. There is still room to add to the short position in the short term. The main bearish trend is clear, and there is no hesitation in "overextending" or tentatively establishing a position. 2. Position and Risk Management Recommendations: It is recommended to gradually add to short positions within the 86.60-88.16 range, emphasizing "adding to positions" rather than lightly testing the waters; the position sizing is relatively aggressive. Three profit targets have been met, indicating that profits can be locked in. The remaining "moon bag" position can be held until the price falls below 80. No specific stop-loss point is specified; close attention should be paid to the resistance in this range. Add to positions decisively on any rebounds. Risk control relies on strict execution of stop-loss orders when the price breaks out of the range. 3. Suitable for aggressive short-term traders and trend followers, this strategy quickly captures downtrends and utilizes divergence signals in lower timeframes to add to positions. Without clear catalysts, the strategy leans towards shorting with the trend, emphasizing a combination of adding to positions and "moon bag" holdings. It cautions against holding positions for too long, suggesting that any rebound is a "fleeing window," and quick entry and exit are advisable.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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