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%💰 (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.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
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%💰 (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.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
