SOLUSDT SPOTLong
SOLUSD Next Move ~$200+
After reaching the $185 mark, Solanium headed for a correction.
Within the channel there was a decline to the lower boundary
The 4th wave basically always comes in the range of the 4th wave of a smaller degree
The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range
According to the wave theory, all the necessary conditions for correction have been met and Solanium is most likely moving within the 5th wave to the $200+ mark
Within the channel there was a decline to the lower boundary
The 4th wave basically always comes in the range of the 4th wave of a smaller degree
The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range
According to the wave theory, all the necessary conditions for correction have been met and Solanium is most likely moving within the 5th wave to the $200+ mark
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Related publications
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.