maikisch

Weekend Update: When will Crypto play catch up?

FTX:SOLUSD   Solana / U.S. Dollar
If we get a move up in the US Markets then I will allow for SOL to get as high as $37.30 and still be in black minor wave ii. Above that and we could see the $41 level in purple wave ii. I consider this a low probability right now. I have had some DM’s questioning SOL going to the $20’s to make new lows based on recent stability. The pattern is not yet complete to the downside so nothing has change in my analysis.

I have closed out my September month so there is no trading for me today. However, I hope to get clues today for a possible short set up soon. FYI, longer term intraday technicals have reset so SOL could begin moving lower at any time. ETH and BTC charts are in same position as SOL.

Best to all,

Chris

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