SOL / TetherUSLong
Correction Is Finished For Solana SOL, $300+ Is Next
Hello, Skyrexians!
Today it's time to observeSOLUSDT the most overbought crypto of 2024. Today we will not try to guess where is going to be top and bottom, look at the local picture instead because in the short term it's about to show the significant growth.
Let's take a look at 12h time frame. We can mark the previous impulse with the green. Decrease from the top can be counted as a correction because of its ABC Elliott waves structure. Now the Bullish/Bearish Reversal Bar Indicator [Skyrexio] can print the bullish green dot which inside the Fibonacci support level can be the strong reversal sign. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView. If reversal will be confirmed, the next target is somewhere above $300. When price will reach it we make an update.
Best regards,
Skyrexio Team
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Today it's time to observe
SOLUSDT the most overbought crypto of 2024. Today we will not try to guess where is going to be top and bottom, look at the local picture instead because in the short term it's about to show the significant growth. Let's take a look at 12h time frame. We can mark the previous impulse with the green. Decrease from the top can be counted as a correction because of its ABC Elliott waves structure. Now the Bullish/Bearish Reversal Bar Indicator [Skyrexio] can print the bullish green dot which inside the Fibonacci support level can be the strong reversal sign. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView. If reversal will be confirmed, the next target is somewhere above $300. When price will reach it we make an update.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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