The inverse H&S pattern is developing and likely to show fully on this chart.
We are looking at Solana vs Bitcoin (SOLBTC).
Not only this pattern but we can also see prices holding above EMA10;
The highest volume in the last two weeks (volume breakout);
And a very strong RSI.
We can also look at this from a different perspective, and that is the "same pattern".
We can notice a low 12-May followed by a lower low 13-June.
This precedes a bullish breakout.
It is normal to see a correction/retrace after the initial breakout.
This correction/retrace is now coming to an end all across the board.
It ends in a higher low that leads to a higher high...
The next target/additional details on the chart.
Thank you for reading.
Namaste.
We are looking at Solana vs Bitcoin (SOLBTC).
Not only this pattern but we can also see prices holding above EMA10;
The highest volume in the last two weeks (volume breakout);
And a very strong RSI.
We can also look at this from a different perspective, and that is the "same pattern".
We can notice a low 12-May followed by a lower low 13-June.
This precedes a bullish breakout.
It is normal to see a correction/retrace after the initial breakout.
This correction/retrace is now coming to an end all across the board.
It ends in a higher low that leads to a higher high...
The next target/additional details on the chart.
Thank you for reading.
Namaste.
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anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.