Solana / USDT
Panjang
Telah dikemas kini

Elliott Wave Analysis: One More Low Before Seeking New Highs

272
SOLUSDT
Currently, we are in a corrective Wave (4) within a larger impulse cycle. The structure shows a classic ABC correction, with the possibility that Wave C is not yet complete.
Key Levels:

๐Ÿ“Œ 61.8% Fibonacci Retracement โ€“ A potential zone for the correction to end.
๐Ÿ“Œ Last Low (Wave C) โ€“ Expected final low before the next impulse wave (5) begins.
Expected Scenario:

๐Ÿ”น A final low is needed โ€“ We should see one more dip within Wave C to complete the correction.
๐Ÿ”น Bullish momentum afterward โ€“ Once the low is confirmed, I expect a strong move up toward new highs.

I'm closely watching near the 61.8% Fibonacci level for a potential long setup into Wave 5.

Dagangan aktif
Let's see where we can get...
Nota
Closed my position again with a little profit. haven't see the bulls yet. New entry 135,2. There we have also a profit target from the bear side and an entry point for the bulls.
Pesanan dibatalkan

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.