SOLANA - Higher Timeframe Overview ✅
On a higher timeframe, Solana looks perfect from an Elliott Wave perspective. We have a nice 5 wave impulse for wave 1 and now we're in an ABC correction for wave 2, which appears to a zigzag pattern.
Zigzag patterns consist of 3 major waves subdivided into the following subwaves: 5(A), 3(B), 5(C).
We are currently in Wave B and looking for a move higher for completion of the correction.
See below for our lower timeframe analysis:
Goodluck and as always, trade safe!
Zigzag patterns consist of 3 major waves subdivided into the following subwaves: 5(A), 3(B), 5(C).
We are currently in Wave B and looking for a move higher for completion of the correction.
See below for our lower timeframe analysis:
Goodluck and as always, trade safe!
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