HEY traders, what's going on today ?!
Since 20 May 2022, when I posted the last analysis for solana It has been declining til now, where that I expected a quick reversal but wasn't successful to rise and decreased again . (more than 50%ð° (1x)short).
So today I'm gonna have another analysis for Sol/usdt on the daily timeframe , as you can see in the Elliot wave prospective after finishing the impulsive wave(12345 ) it started corrective wave (ABC) and has been declining till now, but recently reached a potential support zone , that is already trading through this important PRZ zone , and also some positive divergence have revealed recently , so likely can rise from here , but otherwise it also can form a double bottom pattern then start to rises. but if it loses the recent bottom it can even test the lower support FIBO lvls.
âïļ Good luck with your trading and investing and remember: Trade smartâĶOR JUST DONâT TRADE!
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ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ðif you're fan of my analyses please follow me , give a big thumbs ð OR drop a comment ðŊ
Since 20 May 2022, when I posted the last analysis for solana It has been declining til now, where that I expected a quick reversal but wasn't successful to rise and decreased again . (more than 50%ð° (1x)short).
So today I'm gonna have another analysis for Sol/usdt on the daily timeframe , as you can see in the Elliot wave prospective after finishing the impulsive wave(12345 ) it started corrective wave (ABC) and has been declining till now, but recently reached a potential support zone , that is already trading through this important PRZ zone , and also some positive divergence have revealed recently , so likely can rise from here , but otherwise it also can form a double bottom pattern then start to rises. but if it loses the recent bottom it can even test the lower support FIBO lvls.
âïļ Good luck with your trading and investing and remember: Trade smartâĶOR JUST DONâT TRADE!
--------------------------------------------------------------------------------------------------------------------
ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ðif you're fan of my analyses please follow me , give a big thumbs ð OR drop a comment ðŊ
