SOL / TetherUS
Short
Updated

SOL Short, Head & Shoulder

177
From the downtrend with a small 1m timeframe H&S pattern, a larger H&S pattern is visible that can cause a further drop.
Note
The fall was intermittently stopped by a mini reverse H&S, but the downtrend continues towards the neckline of the larger H&S.
Note
A smaller H&S is formed in the downtrend.

Disclaimer

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.