Solana is incredibly interesting.
It seems to currently have completed a nice 5-wave impulse of +43 000% in just a year and a half.
Personally, I wouldn't mind if this here were to be a running flat correction - an ABC - to retest the primary trend line.
Given that this is on the log chart, we're still talking a nice 45-50% retracement, which should be good enough prior to being ready for the next leg up.
www.tradingview.com/x/x1LL8Zo1/solano
It seems to currently have completed a nice 5-wave impulse of +43 000% in just a year and a half.
Personally, I wouldn't mind if this here were to be a running flat correction - an ABC - to retest the primary trend line.
Given that this is on the log chart, we're still talking a nice 45-50% retracement, which should be good enough prior to being ready for the next leg up.
www.tradingview.com/x/x1LL8Zo1/solano