SOLUSD hitting major resistance. Time to sell here?

SOL/USD COINBASE:SOLUSD

stewdamus

Guys,

I sold Solana at $125. Reason?

After breaking to the upside of it’s descending wedge , Solana has now hit both it’s target from measurement of wedge exit but also, a big level of resistance which I have mapped at $125. To me, this is a clear signal that at least some profits should be taken. I have chosen to take all my profits from entry of $79 and re-allocate those funds elsewhere. I will post another trade alert to my paid subscribers soon.

Congrats to all who were in this trade with me!
– Stew

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