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Technical analysis by Farid-110 about Symbol SOL on 11/16/2023

https://sahmeto.com/message/3326584
Farid-110
Farid-110
Rank: 9559
1.6
،Technical،Farid-110

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...

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$20.17
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