- SL trading academy
- Posts
- My SOL/USDT Short trade at 204.70 ( market TOP ? )
My SOL/USDT Short trade at 204.70 ( market TOP ? )
My SOL/USDT Short trade at 204.70 ( market TOP ? )
Invest before this company becomes a household name
What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?
Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.
They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
this is the SOL/USDT short entry signal , I gave on the VIP pro trading community on 18/03/2024

SO why I shorted SOL When all other were bullish on SOL

I’m a professional swing trader and I only follow smart money
when retail traders are over bullish on a coin we consider to short that coin and If retail traders are over bearish on a coin I look to enter a long trade.
so when I start this trade even my pro trading community members also so confused about this trade
But I was so sure market will reverse and this is the TOP for sol
I’m on this crypto field for more than 6 years now, so I have seen these type of moves a lot.
thats why I entered this trade with confident.
other than my experience I considered below setups
Major resistance area :
SOL was heading to a major resistance area

daily chart
Fibonacci tool:
Look 0.786 level was on that level, when we have this type of massive move 0.786 level act as a major level

RSI :
RSI was on overbought area on daily chart, on daily charts RSI is a key indicator

overall Market on greed side : market was over bullish and had a disproportionate pump on last few weeks, these type of moves are not healthy.
so, you can follow my trades and learn a lot from my daily technical analysis video on VIP Pro trading community. ( my win rate is 100% , I have never lost a trade)
so if you want to know my strategy join my VIP community : https://www.patreon.com/SLtradingacademy