As planned, Solana has worked its way through the turquoise zone between $22.45 and $17.82 and completed wave 2 in green. Now that this to-do is checked off, our crypto-friend should gather some upwards momentum, which should propel it out of the turquoise zone and further northwards to finish wave 3 in green. However, there is a 20% chance that Solana might not be able to activate the necessary drive and thus slips below the support at $16.01. In that case, we would expect the altcoin to develop a new low in the form of wave alt.ii in orange first before heading upwards.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.