CryptoPete81

CryptoPete81

Solana Daily Log Chart 1) Appears to have completed Elliott Waves 1 and 2. 2) Appears to be coming to the bottom of two channels. 3) Appears to have some bullish divergence. Has Solana bottomed and about to move up into wave 3? If you haven't already, please check out maikisch idea linked below.

CryptoPete81 Updated 

In green are waves 1, 2, 3, 4 & 5 of the larger wave 1. In purple is the base channel formed by waves 1 & 2 of the larger wave 1. In red is the path of waves A, B & C of the larger wave 2. In orange are the channels for waves A, B & C of the larger wave 2. When wave c of the larger wave 2 hits into the base channel, it will also be near the 0.382 fibonacci...

CryptoPete81

So I think I like this idea more than the one I posted just before this. Here I think that wave C of the larger wave 2 ends at the bottom of the channel inside the red box, between $23.7650 and $16.0325. Thanks for looking, let me know what you think.

CryptoPete81

Based on past movements, I see Solana hitting about $318 within the week, then coming back down to around $260 before heading up again. This is my first published idea, so please let me know what you think. Thanks.