Solana May Move Down After Pattern Completion

2024년 10월 30일

Solana May Move Down After Pattern Completion

Solana has completed a large bearish harmonic pattern near $183.30.

The pattern looks solid, and given that it was created in a strong historical zone, the odds are that we may see Solana moving down as shown on the chart.

This time, we have an aggressive bearish scenario, because the market is also speculating about the US elections and USD strength.
However, this is the nature of this pattern—it can push the price down aggressively when we least expect it.

I am watching for support zones at $165.00 and $154.00.
Let's see how the market unfolds.

You may find more details in the chart!
Thank you and Good Luck!

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2024년 11월 1일

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