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SOL has demonstrated consistent support at Level 4 ($129.76) throughout the year, making it a reliable entry point for investors.

Strategy Breakdown:

  • Entry: Initiate buying positions when SOL reaches Level 4 ($129.76).

  • Exit Options:

    • Sell: Close the position when the stock reaches Level 5 ($160.50).

    • Chase: Alternatively, implement a trailing stop at Level 5 to potentially capture additional gains while protecting profits.

    • Trend: Keep an eye on the Trend.

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Comments

GotchaTX

Yeah.. DCA in 10 times from $125-129.9..

Apples & Oranges

These trading strategy ideas are great! Thanks for sharing!

T

My relative lack of sophistication compels me to buy SOL and hold like I do with BTC and TSLA, as low as I can, then sit back with patient anticipation.

Theresa

Is there a way to implement a trailing stop on a perp?

BTC Sol Man

Does anyone know what triggers the buy and sell signals? I know this is variable, but i have been trying to observe when this actually triggers and have not figured it out. The goal is to catch it early and not miss it.

Jos Laat

I will sell the most of SOL when TOTAL3 is between 1.2 / 1.5 Trillion $$

Icculus2001

There’s a Live JUPITER vote happening today - I know sometimes you all have said you missed some votes Go vote! J4J

Elias G

Thanks for sharing

SOLace

I hold SOL on Coinbase. Can I set a trailing stop on that platform?

TheGlennimal Cryptoblondje

Your best chance (most easy indication) is to look at the moving avg crossing on RSI. I find that often to be the trigger on all time frames like 70% of the time. It is combined in my opinion with historical ranges/deviation margins and volume etc.