If the symmetrical pattern breaks out, we could see another all-time high (ATH). However, if the neckline of the head and shoulders pattern is breached, it may lead to further downside for SOL.
Seeing possible short for SOL if it breaks the neckline. H&S pattern.
In this case, I am seeing a cup and handle pattern on a 1-day timeframe and I anticipate a breakdown followed by bullish movement, might be suggesting that the price is currently forming the handle part of the pattern. If the price breaks down from the handle but then reverses and breaks out above the handle's resistance level, this could confirm the pattern and...
Buy Long Entry price: 286.090 Take profit: 298.630 Stop Loss: 285.030 Reason of entry: Trendline resistance breakout Take profit estimated PNL: 13.04 Stop Loss estimated PNL: -1.05