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stevepuri
Aug 8, 2021 12:04 PM

2020-2021 Elliott Wave: Solana Long

FTX:SOLUSD1D
Solana / USDFTX

Description

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2020-2021 Elliott Wave: Solana

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. Initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
FibonacciElliott Wave
Comments
GustavoBrucestavo
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Thank you Steve! Would love to see your thoughts on Cardano if you have any interest in that project. Will give Solana a buy, you’re the man!
stevepuri
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@GustavoBrucestavo, $6 to $10 as conservative target zones...
crypthal
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While I agree with the chart / analysis, part of me still finds it hard to see a 20x gain in ~4 months

I would be happy with 'just' a 5x ... but I really hope you are right.

Either way, I cannot see it be less than $100 by end of year.
stevepuri
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@crypthal, A conservative target would be the 0.5% and 0.618% Fibonacci extensions, i.e. $205 and $360.
yayabuster
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It looks too good to be true.. there are many that are now ending their 4th wave/ starting the 5th.
yozr23361
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wow, what a amazing target!!!
stevepuri
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@ali_1673, A conservative target would be the 0.5% and 0.618% Fibonacci extensions, i.e. $205 and $360.
yozr23361
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@stevepuri, Thanks
raharoostaei9
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Would you please give your opinion on KDA? Is it a good long-term (almost 1 year) investment? It'll be a great help if you can share me your kdausdt Elliott waves chart with me.
Thanks a lot.
micky_test
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Wow, great chart, It's doing the same. Can I have your chart and opinion on LTC(Litcoin)?
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