SolanaLong
SOLANA: The bull case for 2024
If SOL was going for a 5th wave, i'd expect a structure like this where the wave 5 is equal to the length of wave 1 (or lower even) resulting in a very fast move up, and very fast move down.
Target would be $300-366.
That would make the big consolidation at the top a complex wave 4 structure which is now forming a leading diagonal ABCDE triangle as the start of the final wave.
Target would be $300-366.
That would make the big consolidation at the top a complex wave 4 structure which is now forming a leading diagonal ABCDE triangle as the start of the final wave.
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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.