Get started
jag216

Seeing a correction playing out, $280 target

Long
Solana (BINANCE:SOLUSD)  
jag216 Updated   
BINANCE:SOLUSD   Solana
Wave Analysis
7
0
waveanalysis
A classic correction, we're currently in short accumulation, new impulse could be inbound if altcoin market cap gets over 1.3T.

Caution at turnaround on wave 3 - take profits on rallies.
Comment:
Taking it on the chin at the 1.618 whilst the TOTAL2 takes it on the chin at the .618 fib ATH to bottom. Seems to be a correlation.
Comment:
Broken the optimistic pattern. Overarching TOTAL2 dip is taking its toll as well as late money leaving after the network disruption.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.