SOL long term bottom around 120$
Updated
As I predicted in my last idea almost two months ago https://www.tradingview.com/chart/SOLUSDT.P/vd81mxp6-SOL-near-term-top-between-170-178-next-target-85-in-2-months/ solana is going to complete or already completed an long term flat ABC correction. According to my count the C wave suppose to end around 120$ (+-5$). Less possible case (if BTC not tank hard) is to see an extended 5th subwave of the C wave that may touch the 0.5 Fibonachi retracement at around 109$. As I mentioned in my last post I'm shorting it from 178$ (avarage) and now I'm reversing my short position into an long position around 120$-109$. Good luck to everyone!
Note
In worst case if BTC tank a lot we may see an very extended 5th wave down to 0.618 Fibonachi retracement around 85$.
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