SOL / TetherUSUpdated SOL Crash
I predict SOL is going to crash hard for the following reasons.
1. Head & Shoulder Shampoo pattern.
2. No resistance from accumulated volume. It's going to be a free fall.
3. Rumors that the SOL network crash for four hours due to "resource exhaustion". This implies the SOL network does not have the necessary infrastructure to keep it up. In the long run, I see this as a failed project.
1. Head & Shoulder Shampoo pattern.
2. No resistance from accumulated volume. It's going to be a free fall.
3. Rumors that the SOL network crash for four hours due to "resource exhaustion". This implies the SOL network does not have the necessary infrastructure to keep it up. In the long run, I see this as a failed project.
Note
Resistance at 145, but I predict this line will fall as well.Note
Double Bottom from about 150 to 145.
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Disclaimer
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.