Peter Brandt Warns Solana Could Crash
The post Peter Brandt Warns Solana Could Crash appeared on BitcoinEthereumNews.com. A 14-week rectangle Solana’s underwhelming price performance Veteran commodity trader Peter Brandt, who frequently riles up the cryptocurrency community with his controversial takes, has now taken aim at Solana (SOL). According to the prominent chartist, the altcoin has formed an ominously bearish pattern that could result in an extremely painful 50% correction from the current levels. With that being said, Brandt has stressed that he merely presents possibilities instead of making predictions. Peter Brandt Warns Solana Could Crash Is Hyperliquid Worth All the Recent Hype? A 14-week rectangle According to Brandt, Solana has now formed a 14-week rectangle that could spell trouble for the bulls. If this horizontal channel happens to resolve as a continuation pattern with a downside breakout, it will validate a massive head and shoulders (H&S) top. The Factor Report™️ does NOT make predictionsWe pre