After analyzing Solana’s complete data, it appears that a large diametric pattern is forming in the long term.
Currently, it seems we are in wave c of C.
If the key level of $187 is broken and price consolidates above it, we can be much more confident that we are indeed in wave c of C, confirming this scenario.
However, if the price fails to break and hold above $186 on higher timeframes like the 3D or weekly, and gets rejected downward, this scenario will be invalidated.
If confirmed, the targets for wave c of C are marked on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Currently, it seems we are in wave c of C.
If the key level of $187 is broken and price consolidates above it, we can be much more confident that we are indeed in wave c of C, confirming this scenario.
However, if the price fails to break and hold above $186 on higher timeframes like the 3D or weekly, and gets rejected downward, this scenario will be invalidated.
If confirmed, the targets for wave c of C are marked on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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Disclaimer
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.