Solana – Textbook Elliott Wave Structure Unfolding!
Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions – this 1h chart on
SOL is a dream for any Elliottician.
We’re currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies between $170–$173, aligning perfectly with the 38–50% retracement zone. From there, I expect wave 5 to launch, targeting $232.46 (1.618 extension), which would complete the green (3) wave.
Both RSI and MACD suggest we're approaching exhaustion – a healthy reset here could provide the perfect setup for the next breakout.
🔹 Are you bullish on Solana?
🔹 What chart would you like me to analyze next?
👇 Let me know in the comments and feel free to follow for more detailed Elliott Wave crypto setups.
#Solana #ElliottWave #CryptoTA #TechnicalAnalysis #Wave5 #Fibonacci #BullishSetup #Altseason #CryptoBreakout #SOLUSDT #TradingView
Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions – this 1h chart on
SOL is a dream for any Elliottician.We’re currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies between $170–$173, aligning perfectly with the 38–50% retracement zone. From there, I expect wave 5 to launch, targeting $232.46 (1.618 extension), which would complete the green (3) wave.
Both RSI and MACD suggest we're approaching exhaustion – a healthy reset here could provide the perfect setup for the next breakout.
🔹 Are you bullish on Solana?
🔹 What chart would you like me to analyze next?
👇 Let me know in the comments and feel free to follow for more detailed Elliott Wave crypto setups.
#Solana #ElliottWave #CryptoTA #TechnicalAnalysis #Wave5 #Fibonacci #BullishSetup #Altseason #CryptoBreakout #SOLUSDT #TradingView
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.