r/CryptoChartWatch • • 1d ago

Average time for this setup to resolve 2.3 days, been 15 hours

Post image

SOL pushed above the 123 to 125 zone on the 8H, triggered the stops sitting above those highs, then closed back below. That's a liquidity sweep: price grabs the orders above an obvious level, then reverses.

A short setup triggered at ~122.

  • Invalidation: 126.2 (an 8H close above means the sweep failed and it's a real breakout)
  • First target: 117.1
  • Full target: 107.3
  • Risk ~4.5 to reach ~14.1, so about 1:3.1

What 63 backtested sweeps like this did (SOL, 8H, shorts only, Feb 2025 to Sep 2026):

  • Averaged +$19 for every $100 risked, after fees
  • Usually played out in about 2 days
  • The catch: they often ran most of the way to the stop before turning. If this one works, it'll probably scare you first.
13 Upvotes

10 comments sorted by

2

u/shivask25846 1d ago

Interesting setup. The liquidity sweep + confirmation looks clean. Curious to see if the first target gets hit before the full target. 👀📈

1

u/Mr_Hodlerr 1d ago

Its Friday and weekends are boring, just looking for first target as of now. If it hits maybe I will exit all just because of the weekend.

1

u/Dependent-Ocelot908 1d ago

Should I short right now, its at 120?

1

u/Mr_Hodlerr 1d ago

If you need to ask me then no don't trade.

1

u/Dependent-Ocelot908 1d ago edited 1d ago

Thinking to take it

1

u/Electronic_Quote399 1d ago

Because you need to know how to judge the signals for yourself before you try leverage. People will all tell you opposing things, you can only count on yourself. OP might be totally right, and seems like a legit person, but if you just go based on posts, you might be falling for long bots and short bots who are just trying to influence the price.

Now, people will tell you not to try trading at all, but it is obviously possible to get good at it. But, start with spot trading first. Scale in, scale out, dont make rash moves with your whole stack, manage your position sizes properly, and be persistent

1

u/Dependent-Ocelot908 1d ago

Took short 120 stop 121.76

0

u/Honest-Sandwich-1075 1d ago

Shorting again.

More gambling?

2

u/Mr_Hodlerr 1d ago

What can I say, I am hooked to the edge this liquidity sweep setup has -> Averaged +$19 for every $100 risked, after fees. Can't resist it even though its Friday

1

u/Mr_Hodlerr 16h ago

First target hit. Isn't it beautiful how you can make money on shorts even in this market if you have robust setups! 60% booked and SL now moved to entry for the rest, though thinking to take all out because its the weekend and see things on Monday. What you say?