Stoic-Trader

Solana - Time for bulls to react

Lång
BINANCE:SOLUSD   Solana
The correction went even lower than I expected, and we even broke below the correction channel.

For my current wave count to be valid, we cannot go below 61.44 (black wave 1).

Considering the oversold RSI and the 3 waves down (green) to form blue wave C, I won´t take any short trades, even if the current trend is totally bearish.

I am waiting for price to go back into the channel to look for a reversal pattern and go long, with first target at $130 resistance.

📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)

linktr.ee/stoic.trader
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.