As reported by U.Today, well-known trader and market analyst Peter Brandt has weighed in on Solana’s recent price action, suggesting that a chart pattern may have completed. Due to the volatility in the market, recent price movements have raised questions about Solana’s short-term price action, and the emergence of a descending triangle pattern has caught the attention of technical analysts like Brandt. In a recent tweet, Brandt drew attention to an interesting development on Solana’s (SOL) four-hour price chart – the completion of a descending triangle pattern. Descending triangles hold great significance in technical analysis, often signaling a continuation of a downward trend. According to Brandt, now that SOL’s pattern has completed, market participants remain excited about possible price action, whether it’s up or down. However, Brandt’s insights go deeper than just the formation of the pattern. He stressed that validating the pattern is more important than completing it. According to the legendary trader, the failure of the pattern (which is what it should do according to the classic rules) is more important than the completion of the pattern itself.