Technical analysis by Farid-110 about Symbol SOL on 11/16/2023
https://sahmeto.com/message/3326584

Farid-110
Rank: 9857
Analytical Power:
1.5

It seems that Solana has decided to go up with the "head and shoulders pattern" and comes down with the same pattern. A head and shoulders pattern is forming. If this pattern is formed and confirmed, the price will drop to around $52.50. Unless something extraordinary happens. Of course, these few steps down are very necessary and good in my opinion. Moving with this momentum is very dangerous. Anyway, I like Solana's moves. It moves very wildly. *** In my opinion, after this "head and shoulders", we will probably have another "head and shoulders" on a larger scale...
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$20.17