SOLUSD Double bottom and growth at least + 80%?

7 may 2022

Almost two weeks ago, we did our previous idea for a couple SOLUSDT

Then at the price of $97 per SOL we wrote that the first tasty area of ​​purchase in the area of $​​90. As of today, this trade is relevant, but you can make some adjustments in the part of additional purchase of positions and movement of stop orders.

Strong straits in the cryptocurrency market in recent days have made some changes in the charts of coins.
However, the structure of the pattern "Double Bottom", which was written about in the previous idea - is not violated and has the right to life.
If you are impressed by the Solana token, we suggest you take into account the following data to enter the trade:
Enter the position in the area of ​​$78-80
Stop below $75.4 (-4.5% of entry point)
Take profit in area $145 (+ 83% of entry point)
Profit/loss ratio 18/1

It is dangerous to keep the long position SOLUSD after confidently fixing the price below $75.4! After all, in this case, the structure of the pattern "Double Bottom" will be disrupted, and the cost of SOLUSDT will be able to fall by another -18-20% in the area of ​​$60-61
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