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forexmaxlimited.com - Cryptocurrency trading platform forexmaxlimited.com is an advanced investment platform based in London. It was established February 2018. We are strictly into trading, mining with lots of investment and assets in paid adverts, Forex also buying signals from big exchanges.

26/02/2022

Solana's weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?

A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup.

Solana price risks dropping to $60

Dubbed head-and-shoulders (H&S), the technical pattern emerges when the price forms three peaks in a row atop a common support level (called a neckline). As it typically turns out, the pattern's middle peak, called a "head," comes longer than the other two peaks, called theleft and right shoulders, which come to be of similar heights.

The H&S pattern tends to send the prices lower—at length equal to the maximum distance between the head and the neckline—once they decisively break below its neckline. As a result, Solana, which has been forming a similar technical structure lately, risks sliding toward $60, or almost 30%.

Interestingly, the H&S downs
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forexmaxlimited.com is an advanced investment platform based in London. It was established February 2018. We are strictly into trading, mining with lots of investment and assets in paid adverts, Forex also buying signals from big exchanges.

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14/12/2021

Hello welcome to forex max limited support, how may we be of help to you?

14/12/2021

Hello and welcome to forex max limited support, feel free to ask your questions.

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sl @ 1790

tp 1 : 1784
tp 2 : 1781
tp 3 : 1776

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