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Solana
Short

$SOL - Overextended 3rd wave... probably means trouble.

591
Wave 3 here has extended far beyond the 4.618 extension of wave 1. This typically means a good correction followed by a truncated 5th. Let's see how this all plays out, but I'm not optimistic about challenging the ATH again soon, unless wave 3 is not finished yet (which is also possible).

Trade safe!
FlokiCrypto
Also on:
Elliott WavesolusdtSOLUSDTPERPthecryptofoundryTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Elliott WavesolusdtSOLUSDTPERPthecryptofoundryTrend Analysis
FlokiCrypto
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.