SOLBTC continues to exhibit bullish momentum, consolidating within a pennant structure, indicative of a potential wave 4 corrective phase in the current Elliott wave cycle.
This continuation pattern provides a strategic framework for positioning, with the anticipated breakout signaling the initiation of wave 5, targeting the final impulse leg. The designated immediate demand zone serves as a critical area for potential re-entry, offering a high-probability accumulation zone should price retrace.
The projected target for the next impulse is outlined on the chart. Share your technical insights on this setup!
This continuation pattern provides a strategic framework for positioning, with the anticipated breakout signaling the initiation of wave 5, targeting the final impulse leg. The designated immediate demand zone serves as a critical area for potential re-entry, offering a high-probability accumulation zone should price retrace.
The projected target for the next impulse is outlined on the chart. Share your technical insights on this setup!
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Wave 5 journey has began, if you follow the provided demand zone for your position keep holding and shift your stop loss in profit.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.