SOL: H&S + Pennant
SOLUSDT.P
We have a head and shoulders patten forming at a local high, followed by a pennant.
The pennant confirms an upcoming breakout from a consolidation period.
We could see a retracement back to $120, this is reasonable given the past few days of green candles, and an overbought indicator on the daily charts.
Drawing a fib retracement from the last swing at $100, we see that $120 lies on the 0.618 fib level - a very important level.
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