e want to update Solana with ticker SOLUSD chart from August 08, where we mentioned and highlighted a correction within an ongoing five-wave bullish impulse towards the all-time highs area. We talked about subwave 4 correction that can send the price higher for wave 5 of (3).
SOLUSD Daily Chart From August 08As you can see today on November 15, Solana is nicely extending the rally within wave 5 of (3) and there can be easily space and time towards the 260 all-time highs area, because wave 5 should be finished by a five-wave cycle of the lower degree. We actually see room up to 300 area or higher, just be aware of a lower degree subwave “iv” pullback around the all-time highs area before a bullish continuation for the final subwave “v” of 5 of (3).
SOLUSD Daily Chart From November 15If you don’t want to miss the next rally, you may want to become a member of www.wavetraders.com, especially now when we have a special offer, where you get 2 months of subscription for the price of 1.For more analysis like this, you may want to watch below our latest recording of a live webinar streamed on Monday Novermber 11 2024:More By This Author:Gold Found A Top; Higher Degree Correction In Play
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