Peter Brandt: The lower limit for SOL weekly correction is 43.7 dollars
According to ChainCatcher, renowned trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, has shared a weekly chart of SOL, noting the emergence of a 14-week rectangle pattern. He stated, "If this pattern breaks downward and continues, it will confirm a large head and shoulders target price of 43.7 USD."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Strong Warning from a Macro Strategist: “Don’t Let Bitcoin’s Rise Fool You…”
Lear Shares Fall After JPMorgan Downgrade
Rapid7 Shares Fall After JPMorgan Downgrade
Pundit to XRP Holders: Life Changing Money Is on the Way. Here’s why
