welcome Bears
Currently see Solana inverse head and shoulders with a $160 long target
Ideally this all done inside the bear flag and back lower
there is also a chance at the red line neckline we dump early around $145 and not finish the long target
After this it can reverse or nose dive to $80 due to the active h&s (red line)
You can see the other setup idea below
here is the H&S on the weekly
Currently see Solana inverse head and shoulders with a $160 long target
Ideally this all done inside the bear flag and back lower
there is also a chance at the red line neckline we dump early around $145 and not finish the long target
After this it can reverse or nose dive to $80 due to the active h&s (red line)
You can see the other setup idea below
here is the H&S on the weekly
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.
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.