Solana – Textbook Elliott Wave Structure Unfolding!
Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions – this 1h chart on
SOL is a dream for any Elliottician.
We’re currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies between $170–$173, aligning perfectly with the 38–50% retracement zone. From there, I expect wave 5 to launch, targeting $232.46 (1.618 extension), which would complete the green (3) wave.
Both RSI and MACD suggest we're approaching exhaustion – a healthy reset here could provide the perfect setup for the next breakout.
🔹 Are you bullish on Solana?
🔹 What chart would you like me to analyze next?
👇 Let me know in the comments and feel free to follow for more detailed Elliott Wave crypto setups.
#Solana #ElliottWave #CryptoTA #TechnicalAnalysis #Wave5 #Fibonacci #BullishSetup #Altseason #CryptoBreakout #SOLUSDT #TradingView
Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions – this 1h chart on
SOL is a dream for any Elliottician.We’re currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies between $170–$173, aligning perfectly with the 38–50% retracement zone. From there, I expect wave 5 to launch, targeting $232.46 (1.618 extension), which would complete the green (3) wave.
Both RSI and MACD suggest we're approaching exhaustion – a healthy reset here could provide the perfect setup for the next breakout.
🔹 Are you bullish on Solana?
🔹 What chart would you like me to analyze next?
👇 Let me know in the comments and feel free to follow for more detailed Elliott Wave crypto setups.
#Solana #ElliottWave #CryptoTA #TechnicalAnalysis #Wave5 #Fibonacci #BullishSetup #Altseason #CryptoBreakout #SOLUSDT #TradingView
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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.