I expect solana to complete the first 5 waves structure around 174$. We are now at the top of the 3th wave so I will be more precise when more data come. If the current 5 waves stucture ends at 174$ I expect next near term healthy correction to touch 140$ where the 0.618 fibonachi retracement from swing bottom to swing top is and then will go to moon ... (*_*)...
As I predicted in my last idea almost two months ago 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...
SOL is on his way to complete the ABC zig-zag 1:1 around 169$ - 178$ as correction of the first 5 impulse waves down. Then fallow the second leg or the another 5 impulse waves down which will complete the long-term ABC correction. A very likely target is the long-term swing fibonaci tetracement at 0.618 around 85$. If the current ABC complete at above target...
ETH is going to complete a symmetrical ABCDE triangle at 2823$. The symmetrical ABCDE triangle occure mostly at the 4th wave and indicate continuation of the trend. The 55 EMA (yellow) is moving also at that price level and obviosly act as resistance since 23 December 2021. The reactive wave 2 corrected at 0.886 Fibo level and the actionary 3th wave is very...