Solana could be finishing wave 2 of the elliot wave count in a flat correction
The 3th wave in this idea is already starting so whe expect some upside to at least the 1.618 fib extension to 115, an 6x that's right
Because of the high target i don't expect the 5th wave to be much higher
On the chart you can also could identify some sort of an complex inverse head and shoulders
And even on the daily chart you san see another simpel inverse head and shoulders and also holding the 200 sma als support
The 3th wave in this idea is already starting so whe expect some upside to at least the 1.618 fib extension to 115, an 6x that's right
Because of the high target i don't expect the 5th wave to be much higher
On the chart you can also could identify some sort of an complex inverse head and shoulders
And even on the daily chart you san see another simpel inverse head and shoulders and also holding the 200 sma als support
Comment:
In the short term we could still come down a bit, so one dip before the next wave
Comment:
Solana could be in an expanded flat correction for the short term
Comment:
Wave 2 should be finished now in the expanded flat idea hitting the 1.618 and 0.786 fib for the wave 2 target
expecting upside from here to the monthly close resistance and potential higher if the 3th wave is very impulsive
expecting upside from here to the monthly close resistance and potential higher if the 3th wave is very impulsive
