$SOLUSD
Added 2024-03-23 11:33:31 +0000 UTCSolana has gone very extended for Wave 5 for me and has run from $7 to $210 from Jan 2023 to March 2024.....which is an outstanding climb.....especially since the majority of this climb came after November '23.
We had this going as far as the blue line to $143, which would have been a standard fib level to run to for Wave 5 but it went parabolically extended after that.
So I believe an ABC correction is underway here, so a pull back in 3 waves down to the 0.5 Fib at $108 would present a great opportunity to add.
We will need to see how Wave A develops first.
Comments
Thanks a lot for this one cap!
Josh
2024-03-23 12:15:39 +0000 UTC
