The head and shoulders pattern has formed on the SOL hourly chart. After the neckline was broken, the rebound failed to recover that position, instead accelerating downwards. A subsequent rebound to near the neckline can be a decisive short position, targeting a lower support area.
Trading advice: Short around 125-130, looking down to 116-110, if it breaks down, continue to look lower. #加密市场观察 $SOL $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The head and shoulders pattern has formed on the SOL hourly chart. After the neckline was broken, the rebound failed to recover that position, instead accelerating downwards. A subsequent rebound to near the neckline can be a decisive short position, targeting a lower support area.
Trading advice: Short around 125-130, looking down to 116-110, if it breaks down, continue to look lower.
#加密市场观察 $SOL $BTC $ETH