28/08/2022
Solana is trading in a corrective framework that represents a complicated zigzag WXYXZ which ended wave W, X, Y and X. currently the wave Z is forming to target 13.08, and the critical limit to stay on the bearish scenario until reaching the target is 48.38.
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Bottom Line: Higher in wave (5)
wave (5) is underway, currently Solana is developing wave 1 of it, critical support at 25.86, key level at 143.51
03/09/2022
It is now trading in a bearish corrective wave (4) that consists of a Triple zigzag WXYXZ pattern that ended the four waves (W), (X), (Y), and (X). and currently is heading to end the wave (Z) and the critical limit that supports the decline is 48.14.
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As we mentioned in the monthly range, Solana in wave (5), critical support at 25.92, We expect the price to rally in 5 waves in wave (5).
Solana higher in wave (5), We expect the price to record 500$ in wave (5).