SOL reached its critical level for a LONG time.
We have formed a 3 times right, swingfailure pattern on the downsloping linechart support level. If this level holds its the moment for a reversal, if it does not we either form a double bottom right under the support for a failed auction where we go back into the pattern, or crypto collapses for a major markdown.
So far based on history and the patterns presented to us in the charts, we have a higher likelyhood to go up. Bitcoin will have its final support at 70k for a decision point to also get back to its 100k+ levels for a continuation of its bulltrend.
We have formed a 3 times right, swingfailure pattern on the downsloping linechart support level. If this level holds its the moment for a reversal, if it does not we either form a double bottom right under the support for a failed auction where we go back into the pattern, or crypto collapses for a major markdown.
So far based on history and the patterns presented to us in the charts, we have a higher likelyhood to go up. Bitcoin will have its final support at 70k for a decision point to also get back to its 100k+ levels for a continuation of its bulltrend.
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