SOLUSD: Wave Analysis And Three Scenarios

٣ يناير ٢٠٢٣

Hello Traders,

As we see on the chart Solana has accomplished 5 impulsive waves from 0.2 to 221$.

Then, Solana has been running in a corrective wave since September 2021, and this corrective wave is an Expanding Flate wave
(3-3-5) and it has completed now at the bottom 7.96$.

Now Solana has three possible scenarios ahead, and are as follows:

Scenario#1

This scenario suppose it will start a new impulse wave and a new all time high.

Scenario#2

This scenario suppose it will go up near 0.61 Fipo (70$) or maybe to all time high 260$ then drop again near 0.61 Fipo (3$) to make a Double Three correction (WXY).

Scenario#3

This scenario suppose it will make a Triple Three coreection (WXYXZ) to reach a price of 2$.

If scenario#1 or #2 will occurred this correction maybe will continue untill the beginning of 2024.

Best of luck

٣ يناير ٢٠٢٣

ملاحظة

Modification:
If scenario#2 or #3 will occurred this correction maybe will continue untill the beginning of 2024.