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

Farid-110
Rank: 9559
Analytical Power:
1.6

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