I posted this chart a few days ago: "Solana-Chart-Potential-bottom-in-place-II"
It touched on trader sentiment and structure...and the importance of SOL price getting above $123 within our current bottoming structure. That happened today.
So what's next?
We need to fill in waves 4 and 5 of the larger wave 1. That wave 1 top should reside in the area of the red circle. I anticipate that taking place within the next week or so. The bottom in place thesis is valid as long as we do not breech $107. before waves ,4 and 5 and are in place in the red circle. From thee we need a 3-wave decline but I'll address that after wave 1 completes.
ALL QUESTIONS ANSWERED IF YOU FOLLOW ME.
It touched on trader sentiment and structure...and the importance of SOL price getting above $123 within our current bottoming structure. That happened today.
So what's next?
We need to fill in waves 4 and 5 of the larger wave 1. That wave 1 top should reside in the area of the red circle. I anticipate that taking place within the next week or so. The bottom in place thesis is valid as long as we do not breech $107. before waves ,4 and 5 and are in place in the red circle. From thee we need a 3-wave decline but I'll address that after wave 1 completes.
ALL QUESTIONS ANSWERED IF YOU FOLLOW ME.
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.