$SOLUSD $SOL
Added 2024-11-28 15:23:39 +0000 UTCAlthough Solana hit exactly at our Wave 5 level at the 2.618 Fib at $265 and rejected, there is possibility that this pull back now is only Wave 4 too, so I have added in this alternative.
If the price bounces and rejects trying to get above $265 then the impulse wave is complete and you can expect a pull back next, with the 200 Day MA being the expected level, right now at $160.
But if $BTC and $ETH rally to year end, $SOL could also go higher too.....mainly because the Wave 4 pull back was so weak looking.
Comments
Are wave 4 pullbacks hardest to identify? The ETH wave 4 did not go under 3000
Thane
2024-11-28 15:48:09 +0000 UTC
