Technical analysis by i_am_noone about Symbol SOL: Sell recommendation (5/16/2022)
i_am_noone

In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern.My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance.Keep in mind that all of these behaviors also depend on the price trend of bitcoin.These statements are only personal opinions and are not a signal to trade.we reach the 40$ area as i said in the first place.now we can goes upward around 55$ then move back to 40$ to complete the double bottom pattern.