SOL Price Predicition
Solana price has developed one of the most sought-after short-selling patterns in Point and Figure analysis: the Bearish Catapult. This pattern's strength comes from its location: near the top of a trend. The Bearish Catapult pattern on Solana's chart is a textbook example.
The short idea is invalidated if Solana price were to move to $230. In that scenario, a bullish continuation is likely to occur because Solana will have simultaneously moved above a critical high volume node and convert the $10/3-box reversal Point and Figure chart into a bull market.
The short idea is invalidated if Solana price were to move to $230. In that scenario, a bullish continuation is likely to occur because Solana will have simultaneously moved above a critical high volume node and convert the $10/3-box reversal Point and Figure chart into a bull market.
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.