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Crypto4light
Nov 24, 2022 9:54 PM

Solana descending triangle to 5 dollar Short

SOL / TetherUS PERPETUAL CONTRACTBinance

Description

BINANCE:SOLUSDTPERP
Next potential target and last station for Solana in this bear market



Pretty simple pattern. If we not break and hold with retest 17$ most likely we can see 5$ for Solana before next FED hike rate 14Dec. So drop according to size of descending triangle we can see around 7-10 Dec. Also with this drop we will close gap on Weekly candle 2021 =)
All targets and simple explanation on chart =)

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Comments
TangoWTF
Great stuff
SwallowPremium
Great chart with good description!
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