Solana price has developed one of the most sought-after short-selling patterns in Point and Figure analysis: the Bearish Catapult. This pattern's strength comes from its location: near the top of a trend. The Bearish Catapult pattern on Solana's chart is a textbook example.
The short idea is invalidated if Solana price were to move to $230. In that scenario, a bullish continuation is likely to occur because Solana will have simultaneously moved above a critical high volume node and convert the $10/3-box reversal Point and Figure chart into a bull market.
The short idea is invalidated if Solana price were to move to $230. In that scenario, a bullish continuation is likely to occur because Solana will have simultaneously moved above a critical high volume node and convert the $10/3-box reversal Point and Figure chart into a bull market.
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