SOLANA, plausible a WXY correction in the end

This Sunday I erased all of my TA regarding SOLANA.
In the end, it was a shaky friday-saturday and SOLANA totally changed its course.
From a "bottom reached" market consensus to a.... falling knife!
My personal position was that an ABC was in place, that it could have already reached its first target of a C, but that it was also a very "short" C.
Never did I expect such a collapse taking us to $12 bucks?????
I did - however- expect a $17-17.25 bottom, perhaps stretching to $15 - AND THAT WAS IT!.
So yes, I erased it all and found that it made sense to redraw as... a WXY!
Look at the targets, it seems to fit like a new sock.
If this is so we should see a reversal.
Time to wait for a first robust sign and then climb in. Too early now, in my personal view.
We could still see yet another impulse down, hopefully NOT making a lower low and still within WXY (else ABC) limits.
Let´s see what´s in next for SOLANA...
In the end, it was a shaky friday-saturday and SOLANA totally changed its course.
From a "bottom reached" market consensus to a.... falling knife!
My personal position was that an ABC was in place, that it could have already reached its first target of a C, but that it was also a very "short" C.
Never did I expect such a collapse taking us to $12 bucks?????
I did - however- expect a $17-17.25 bottom, perhaps stretching to $15 - AND THAT WAS IT!.
So yes, I erased it all and found that it made sense to redraw as... a WXY!
Look at the targets, it seems to fit like a new sock.
If this is so we should see a reversal.
Time to wait for a first robust sign and then climb in. Too early now, in my personal view.
We could still see yet another impulse down, hopefully NOT making a lower low and still within WXY (else ABC) limits.
Let´s see what´s in next for SOLANA...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.