SOL has found itself in a falling wedge which is a bullish chart pattern.
The flagpole top matches with a 5th Elliott wave impulse followed by a perfectly followed ABC correction.
I believe solana is on its way to make a 2-3 wave impulse followed by a short correction and a 5th impulse bringing us to the HTF 0.618 retracement level, which hasn’t been tested in a long long time.
Of course solana can also just pump straight to $160.
I gave you SOL at $45 FYI you can check my previous simple analysis.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.