trytofeelpositive

SOLUSDT Elliott Waves Analysis

Long
BINANCE:SOLUSDT   SOL / TetherUS
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Everything on the chart.
We're in global buy zone(15-10), good entry point for long-midterm deals.
2 possible scenarios on the chart,
orange if we will forming impulse in wave (c).
Yellow if we forming ending diagonal .
I'm tend more towards the yellow marker, because the orange implies a sideways movement in the supposed wave (iv) of (c) for another month and a half, which is too long for me.
Entry: market and lower (13-9$)
Target: 20 - 25 - 30 - 35
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!

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