SOLBTC tradeing idea

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SOLBTC continues to exhibit bullish momentum, consolidating within a pennant structure, indicative of a potential wave 4 corrective phase in the current Elliott wave cycle.

This continuation pattern provides a strategic framework for positioning, with the anticipated breakout signaling the initiation of wave 5, targeting the final impulse leg. The designated immediate demand zone serves as a critical area for potential re-entry, offering a high-probability accumulation zone should price retrace.

The projected target for the next impulse is outlined on the chart. Share your technical insights on this setup!

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تم فتح الصفقة

Wave 5 journey has began, if you follow the provided demand zone for your position keep holding and shift your stop loss in profit.