Solana May Move Down After Pattern Completion
Solana has completed a large bearish harmonic pattern near $183.30.
The pattern looks solid, and given that it was created in a strong historical zone, the odds are that we may see Solana moving down as shown on the chart.
This time, we have an aggressive bearish scenario, because the market is also speculating about the US elections and USD strength.
However, this is the nature of this pattern—it can push the price down aggressively when we least expect it.
I am watching for support zones at $165.00 and $154.00.
Let's see how the market unfolds.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Solana has completed a large bearish harmonic pattern near $183.30.
The pattern looks solid, and given that it was created in a strong historical zone, the odds are that we may see Solana moving down as shown on the chart.
This time, we have an aggressive bearish scenario, because the market is also speculating about the US elections and USD strength.
However, this is the nature of this pattern—it can push the price down aggressively when we least expect it.
I am watching for support zones at $165.00 and $154.00.
Let's see how the market unfolds.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.