#ETH突破3600# 2019.18 Evening market overview: SOL is back near 200.


The SOL ascending triangle has stabilized above 180.15, looking at 184.83 and the previous high of 188.12; currently, the SOL trend is very strong, remaining in a state of breaking down and recovering during the Asian session. Yesterday, 500 million SOL were minted on-chain, which definitely indicates a continued bullish structure; one can wait for a right-side breakout above 180.15 with a solid bullish candle to enter long positions, with a stop loss set at 178.84 and targets at 184.83 and 188.12.
Wait for SOL to pull back to the rising trend line below 176.11 without breaking or faking a break and then pull back to enter long positions, with the stop loss at the support-resistance switch at 175.17, and targets at 179.32 and 183.68; conversely, if the level of 175.17 is broken by a large bearish candle without a pullback, enter short positions in the trend direction, with targets at 172.19 and 169.24, and stop loss at 178.
The spot trading reduction position is around 196-203; the long position remains unchanged.
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SOL-3.68%
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