Seen this pattern a HnS pattern for Solana.Why this pattern has a big possibility to materialize? There's a market structure shift after the liquidity (the ATH),plus confirmed by a break of structure on its major swing low.Possible we are now on it's corrective move targeting the golden zone area.Another confluence is,there is a gap(green box) above the golden zone and it's a sign of inefficiency.But this could invalidate my short idea if there will be a candle close above this gap(green box).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.