SOLANA has formed a massive head & shoulders pattern, which is a bearish reversal pattern. pattern over the course of 1.5 years,
SOL will break through the pattern's support and continue the strong bearish trend down. down, as the outlook deteriorating, it seems a matter of time before for the stock market has deteriorated. I'm waiting for SOL to break through the bottom dotted support.
As long as We can't confirm the pattern with certainty, so be patient. certainty if this support isn't broken, we can 't broken.
I'm looking hoping for an initial drop to $20, potentially even $12.50 if $20 or $12.70.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.