Hello Traders, Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- If we can see clearly on a weekly basis time frame SOL has been forming a Head&shoulders patterns almost few weeks ago, FTT news were having a good negative push and total market in general , i am beeing pragmatic about the price action move , if buyers couldn't sustain support level 12$ then we might see sellers getting stronger and pushing the price down towards S/R level 5$ , everything in presence is possible due to market volatility and the news impact.
- Buyers have to show strength and push the price upwards toward S/R 23$ , if they didn't succeed then 5$ level are reachable.