There is a possible H&S forming and if it does complete its structure the price of Solana would be low.
Looking at market structure and the various patterns given,we are currently in a M formation that needs to complete its second leg.
Pattern X and Pattern Y bear similarities and should play out the same way.
Once price has push through the zone denoted in yellow,past the upper diagonal resistance trendline forming the ascending flag and provide a retest at around 2080.47 then one can take a buy all the way to 2146.66.
Gold is raising towards a historical resistance marked with the zone and arrows. Upon reaching that point, it is expected to sell but patience is key. The sell is going to be a total of 891.179pip (581 days, 1yr 6months). An account without swap fees would have way more profit. The swing traders can take this and throw away their phones.
Dow Jones on the weekly timeframe confirms a M formation that is similar to the daily timeframe and will fall all the way to 31323.56-tp