Solana / USDT
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Elliott Wave Analysis: One More Low Before Seeking New Highs

268
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.

تم فتح الصفقة
Let's see where we can get...
ملاحظة
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.
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