SOL/USDT INV H&S WEEKLY TF

3 Jun 2023

As we can see SOL is currently at the neckline of the inverse head and shoulders on the weekly TF. The next resistance level to break would be the $38 mark. If sol can push to this level and hold we could potentially see price return too trama by lux algo on the daily TF which is $58.385. The initial measurement of the head is approximately is 367% which is just below the 61.8% fib retracement of $102.44. I'm feeling very bullish about the status of SOLUSDT in the months to come.

Give me your thoughts down below I'd love to hear your thoughts on this potential bull run or constructive criticism.
Cheers
- Kaia Tait