On the Weekly timeframe of NASDAQ:NVDA we can clearly see that price has been forming a very strong uptrend for some time now with higher highs & lower lows dating back to the 29th of April 2013.
In the last 11 trading days, NVIDIA has moved up 25% from $392.39 to $486.20.
Within that 11 days we've seen NVIDIA reach the top of that W pattern.
My theory is...
As we can see SOL is currently at the neckline of the inverse head and shoulders on the weekly TF. The next resistance level to break would be the $38 mark. If sol can push to this level and hold we could potentially see price return too trama by lux algo on the daily TF which is $58.385. The initial measurement of the head is approximately is 367% which is just...
