Based on Elliott Wave Theory, Solana appears to be completing Corrective Wave 4, with a potential buying opportunity in the $189 – $204 range. The market structure suggests the development of Impulse Wave 5, which is becoming increasingly evident on the daily chart.
KU
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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.