This Sunday I erased all of my TA regarding SOLANA.
In the end, it was a shaky friday-saturday and SOLANA totally changed its course.
From a "bottom reached" market consensus to a.... falling knife!
My personal position was that an ABC was in place, that it could have already reached its first target of a C, but that it was also a very "short" C.
Never did I expect such a collapse taking us to $12 bucks?????
I did - however- expect a $17-17.25 bottom, perhaps stretching to $15 - AND THAT WAS IT!.
So yes, I erased it all and found that it made sense to redraw as... a WXY!
Look at the targets, it seems to fit like a new sock.
If this is so we should see a reversal.
Time to wait for a first robust sign and then climb in. Too early now, in my personal view.
We could still see yet another impulse down, hopefully NOT making a lower low and still within WXY (else ABC) limits.
Let´s see what´s in next for SOLANA...
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