Solana broke to the upside of this perfect inverse Head and Shoulders. We'll likely get some pullback as we resistance at 77.5 zone, go sideways as we test that level and then pop up and continue Continue to watch BTC Dominance as its been dropping, and ALTS increasing = heading into a solid strong ALT season. Get your bags filled early and hard before...
I believe, like many others, that we're still due a deeper drop. Here are my scenarios and likelihood, based on price levels. We're going to fill the Gap: 90% We'll drop to $35k: 65% Drop to $32k: 50%
This looks to me a lot like a falling wedge, which is a bullish pattern. Being as how they retrace to the beginning, it's potential target price would be .55 cents.
* Double bottom breaking out * Potential next stop, ~$67
There's a decent chance this is just a inverse head and shoulders and we could be seeing .47 cents soon