SOL is on his way to complete the ABC zig-zag 1:1 around 169$ - 178$ as correction of the first 5 impulse waves down. Then fallow the second leg or the another 5 impulse waves down which will complete the long-term ABC correction. A very likely target is the long-term swing fibonaci tetracement at 0.618 around 85$. If the current ABC complete at above target around 169$ - 170$ the long-term ABC correction also point to the same level around 85$.
Long-term ABC
Near-term ABC
If the price go above 185$ then my count is wrong!
Long-term ABC
Near-term ABC
If the price go above 185$ then my count is wrong!