Expected Path if Bottom is in Place
The attached chart would be the typical pathway I would expect if Solana is reversing. It's early to forecast so today should give us some good clues. The first price Solana needs to get back above is $109, then $123 on an explosive rally. This could take up to a week or more.
Timing is a guess. The manner (Wave Structure) in which we do this will be watched closely. This needs to be an impulsive reversal.
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If you find my Solana analysis helpful please give this posting a thumbs up or follow me to ensure you get all my Solana analysis. I'm working hard trying to get a 1,000 followers....so YOUR help is appreciated.
Also feel free to leave comments below and let's continue the Solana discussion. I'll answer all of them.
Best to all.
Chris
Timing is a guess. The manner (Wave Structure) in which we do this will be watched closely. This needs to be an impulsive reversal.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
If you find my Solana analysis helpful please give this posting a thumbs up or follow me to ensure you get all my Solana analysis. I'm working hard trying to get a 1,000 followers....so YOUR help is appreciated.
Also feel free to leave comments below and let's continue the Solana discussion. I'll answer all of them.
Best to all.
Chris
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