Solana is following a 240 day cycle( purple line ) spread in 3 X 80 day cycles ( red lines) the low of which is due in April .
You can match with previous purple lines , you ll find a low there .
We are currently on B ( 2nd wave ) of corrective wave .
In this wave prices will rise to 120$ , that too in 3 subwaves
1st up from 80$ to 105$ - just finished
2nd down to 93$ levels - just started today
3rd up to 115-120 $ and then B wave will be over ..
Trades can be places at ,90$ + levels to exit at 115$+ levels currently .
Long term BUY can't start till the three waves are over .This will happen when the next wave gets over which is C wave expected in Mid April .
So in a nut shell,
Long term buy in mid April at 80$
Short term trade at 90$ + in the next 2-3 days and sell this position at 115$.
You can match with previous purple lines , you ll find a low there .
We are currently on B ( 2nd wave ) of corrective wave .
In this wave prices will rise to 120$ , that too in 3 subwaves
1st up from 80$ to 105$ - just finished
2nd down to 93$ levels - just started today
3rd up to 115-120 $ and then B wave will be over ..
Trades can be places at ,90$ + levels to exit at 115$+ levels currently .
Long term BUY can't start till the three waves are over .This will happen when the next wave gets over which is C wave expected in Mid April .
So in a nut shell,
Long term buy in mid April at 80$
Short term trade at 90$ + in the next 2-3 days and sell this position at 115$.
Nota
Trade has reached its Target of 115 $ closed .Now waiting for the dip for a buy back
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.