solano broke its intermediate trendline, if we draw fib retracement from recent high and low we can see it retraced from 0.5 levels two times it was like a double top formation as well currently it is consolidating in a short channel, it can be the inverted pole and flag pattern the prices seems to be mean reverting towards the 50ma on daily chart it is also a round fig 100
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.