$DOT #DOT The upward trend has been broken. 1-2-3-4-5 - indicated by HIP (head and shoulders) - reversal pattern. At the moment it is already trading below 0.5 Fibo level. The next clear support is 0.618 -0.786 level. Fibo - 5.87 - 4.88.
$SOL #SOLANA Uptrend - support line. She left and secured herself under the line.
It is obvious that a correction or reversal is already happening. With the breaking of the support line, the Fibo correction levels gain relevance: 1) 85.11 2) 72.34 3) 59.56. To continue the upward movement, a high-quality return back behind the support line is needed.
The graph uses wave theory. I don’t like the format of the movement in the area highlighted by the rectangle a little. I assume that the price is moving in wave 3. The obvious support is dotted/line - 0.23.