On the 4HR CRYPTOCAP:SOL is reaching the pointy end of the pennant today. :) The market has respected the trend line down (white) from the high created by the recent $trump meme debacle. But it also has a rock-solid floor at $246.4 (purple) that has held three or four times in the past week. Volume has declined but not in a meme-like fashion. And on the 4hr...
Green lines indicate behaviour + fib patterns that map across two earlier phases. Posting to be able to follow OP over June-July-August 202 . For curiosity only - definitely not a statistical or analytic prediction.
Honestly, I like patterns. I like this one for Optimism with its converging trend-lines and a palpable tension about a break to the upside/downside, most likely in the next 10 to 14 days. It being a market it is always unclear, and not possible to predict prices despite all the fancy tools. MORE: The year has seen OP break out from it's low during the bear market...