SOLUSDT Currently, we are in a corrective Wave (4) within a larger impulse cycle. The structure shows a classic ABC correction, with the possibility that Wave C is not yet complete.
Key Levels:
📌 61.8% Fibonacci Retracement – A potential zone for the correction to end.
📌 Last Low (Wave C) – Expected final low before the next impulse wave (5) begins.
Expected Scenario:
🔹 A final low is needed – We should see one more dip within Wave C to complete the correction.
🔹 Bullish momentum afterward – Once the low is confirmed, I expect a strong move up toward new highs.
I'm closely watching near the 61.8% Fibonacci level for a potential long setup into Wave 5.
Trade active
Let's see where we can get...Note
Closed my position again with a little profit. haven't see the bulls yet. New entry 135,2. There we have also a profit target from the bear side and an entry point for the bulls.Order cancelled
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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.