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dukeposh
Jan 8, 2024 5:49 PM

SOLUSDT| Potential ABC Correction Wave  Long

SOL / TetherUSBinance

Description

Wave Analysis - weekly timeframe with a possible ABC correction wave
> Target: Fibonacci retracement 61.8 - 78.6% +30% upside
> Entry: TFD Falling downtrend channel breakout

Key support: WMA20W - target correction zone
Indicator: RSI Week - overbought but still no signs of divergence

Trade closed: target reached

A possible strong B wave extended 127-162% of A wave
Comments
Michael_crypto_trading
If there were an extended wave B, you should modify wave C.?
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