$SOL Head and shoulder and channel pattern.
SOL seems to be overbought on the daily tf, a head and shoulder pattern has also formed on the 1hr tf to serve as a confluence. If you use the parallel channel tool, sol has reached its peak on the channel. Chances are high that we might see a drop down to $19-$16, as the daily candle seems to be closing with a reversal candle, close the opening which will cause a liquidity sweep of the previous day low.Short positions from $21.82 - $20.77
Take profit: $20.360-$16.
#NFA #DYOR
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