SOL Is Printing One Of The Cleanest Reversal Setups I’ve Seen In Months
This SOL chart is starting to get very interesting.
What stands out most here is the combination of:
inverse head & shoulders breakout
successful neckline retest
bullish pennant continuation
measured move aligning perfectly with the 0.886 retrace + Sunday gap-down zone
That confluence matters.
The inverse H&S gave the initial reversal signal.
Now price is holding the retest instead of instantly rejecting — exactly what you want to see if this move is real.
On top of that, the pennant measured move projects almost perfectly into the:
0.886 retracement
Jan 18 Sunday night gap-down origin
major breakdown supply zone around ~$133-138
When multiple technical targets start clustering into the same area, I pay attention.
That’s the type of setup where price can move way faster than most expect once momentum confirms.
Most people are still focused on BTC dominance while SOL keeps quietly building higher lows underneath resistance.
Lose the neckline/trendline support and the thesis weakens.
#SOL #Solana #Crypto #TradingView #TechnicalAnalysis #Altcoins
This SOL chart is starting to get very interesting.
What stands out most here is the combination of:
inverse head & shoulders breakout
successful neckline retest
bullish pennant continuation
measured move aligning perfectly with the 0.886 retrace + Sunday gap-down zone
That confluence matters.
The inverse H&S gave the initial reversal signal.
Now price is holding the retest instead of instantly rejecting — exactly what you want to see if this move is real.
On top of that, the pennant measured move projects almost perfectly into the:
0.886 retracement
Jan 18 Sunday night gap-down origin
major breakdown supply zone around ~$133-138
When multiple technical targets start clustering into the same area, I pay attention.
That’s the type of setup where price can move way faster than most expect once momentum confirms.
Most people are still focused on BTC dominance while SOL keeps quietly building higher lows underneath resistance.
Lose the neckline/trendline support and the thesis weakens.
#SOL #Solana #Crypto #TradingView #TechnicalAnalysis #Altcoins
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.