Senor_G

SOL/USD Inverse Cup and Handle?

Senor_G Updated   
FTX:SOLUSD   Solana
Unconfirmed at this point but definitely a pattern I'm closely watching. As I've stated in other charts, the market is due for a 15-30% correction and I anticipate SOL to be significantly impacted since it rocketed to new to new ATHs with little to no resistance at the previous ATH.

For the record, I have an open long position in a HODL account where my SOL bags are staked at ~6% APY.. SOL has potential to reach $150+ by end of this bull cycle; however, I am cautiously watching its PA over the next several days to confirm trend.

Not financial advice. Do your own research.
Comment:
Invalidation would require HL+HH HTF candle closures.
Order cancelled

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