$SOL
two tops theory and an extremely rare pattern on the daily chart sol
Among other things, there is a "smart money" theory in trading, based on technical analysis of the chart through trading volumes, interest in a given token or currency and patterns on the Japanese candlestick chart. So, according to the charts below, valid an hour before the close of August 25, a "dragonfly" pattern was formed. in the classic version, this is a very long shadow of the candle and the practical absence of any body at the end (aka doji candle). This pattern is usually represented by a bullish one at the bottom of the chart and signals an upward trend reversal. In this case, the dragonfly formed from above, but it is not a hammer, because there is no candle body at all, it is presented by a bearish variant and taking into account the double top presented below, I am inclined to believe that we are in for a quick reversal down, up to 137 and even a little more, where it will bounce off and then go to 200 usdt. but this will take at least a week. you can open your short positions, the time has come.
