Solana
Panjang

Morning Update: One more thrust down to complete micro pattern

914
Solana has been consolidating for the last week. However, it has yet to hit some of the standard retracements one would associate with a wave 2. The pattern off the recent $12.75 low is also not one I would associate with being the start of a wave 3.

Therefore, I remain of the same mindset the last Solana update I provided and that we should see one more push down to $12.47 or maybe even as low as $11.80 before we move to breach the $15 level and possibly even as high as the low $20's.

Best to all,

Chris

Penafian

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