Solana Update
Reached my price target, perfectly played out.
Due to BTC not looking good, increased dominance, I really don't see that Solana will get another push up, like stated in previous analysis. We could just have an extended C leg here and not a 5 wave move.
Invalidation of my scenario would be crossing the recent high of 42.745.
The second wave could have started now, or we're getting a push to the 0.236 approximately at 38.
Be cautious when trading long, because you trade against the macro trend.
Happy weekend you all!
Due to BTC not looking good, increased dominance, I really don't see that Solana will get another push up, like stated in previous analysis. We could just have an extended C leg here and not a 5 wave move.
Invalidation of my scenario would be crossing the recent high of 42.745.
The second wave could have started now, or we're getting a push to the 0.236 approximately at 38.
Be cautious when trading long, because you trade against the macro trend.
Happy weekend you all!
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