Where SOLANA stops declining? Is this major fall is a normal thing in the market? Of course its is normal and can usually be predicted !!
SOLANA is a clear example of an up going impulsive wave cycle. It clearly shows 5 segment wave up. It is easily detectable.
This large wave cycle started at just 1.03 USDT and ended at 259.9 ! Currently we are in the correction of that cycle. Price has already passed 50 % retracement and goes to the next valid one which is 0.618 Golden Ratio at around 100 USDT. This target is not in strong price action area therefore it is very probable to see 56 USDT corresponding to 0.786 Fibo level at the end of correction cycle!
After completion of correction, SOLANA begins more powerful bull run which can push up the price at least to above 500 USDT.
We will find a safe entry point in appropriate time and make our huge profit! Don't We?
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