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For now SOLUSD is retesting invh&s neckline as precise support

Solana (COINBASE:SOLUSD)  
DrDovetail Updated   
COINBASE:SOLUSD   Solana
Trend Analysis Chart Patterns SOLUSD solana SOL Inverse Head and Shoulders retest neckline support 1wk weeklychart
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trendanalysis chartpattern solusd solana sol inverseheadandshoulders retest neckline support 1wk weeklychart
A good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
Comment:
The just announced news of them partnering with google cloud could be a good catalyst for the next uptrends as well.
Comment:
If giving a black swan crash opportunity I would t be able to buy near the weekly 50ma but for now that seems a much smaller probability unless bitcoin goes down to retest the flag it broke up from around 38-42k and then alts actually dip down with it.
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