Solana / USDT
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Solana Elliott Wave Analysis – Last Move Before Trend Reversal?

1 025
We are currently in the final phase of wave 4 to 5, forming an A-B-C corrective structure. Based on this, we could see another turquoise A-B-C wave, which might develop into an impulsive 1-2-3-4-5 setup.

If this setup plays out, I expect a potential trend reversal. The target zone around 107 USDT could be strongly breached to the downside due to high trading volume in this area. Caution is advised!

Alternative Scenario: There is also a red scenario, in which our red (1-2-3-4-5) formation, leading into a smaler (1-2-3-4-5) structure, which could also take us to the 107 USDT target zone.

Good luck with your trades! 🚀
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Doesn't fit anymore I have a new interpretation which is I think has a higher probability.

Solana (SOL) Elliott Wave Analysis – Potential Roadmap for Upcom

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