Waiting for the final wave C of the zigzag to complete. For further growth, it is crucial not to break the low of wave Y. It's possible the zigzag is already finished, leading to an uptrend from here.
Intend to trade the terminal diagonal. 1800-19000 target downside zone
Expect a large extended wave C within Y. At the finale of the С wave, which shows signs of a terminal diagonal formation, a low-risk long position will be triggered.
Ending diagonal in wave C. We will look for a short on wave 5.
I am catching the end of the 3rd wave to go long on the 4th wave. Close if 1h close below SL
After achieving the $300 target, the asset underwent a healthy correction. The $150 zone is an important level for buyers. If it holds, Solana can continue its uptrend with targets of $500, potentially forming an ending diagonal
Within wave Y of the WXY correction, we are looking for an entry point to long.
Globally, SOL is forming an ending diagonal triangle. Within the 4th wave of this diagonal, we see the formation of a triangle in wave X.
A correction might not occur, so we position ourselves for the continuation of the movement with a wide stop, but with a high probability of movement in the 5th wave
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Continuation of growth towards the 262.52 area and higher within wave C of 3 of the diagonal. The growth will be canceled if the price consolidates below the accumulation zone of 210-214
For now, I see the primary scenario as an EDT (Ending Diagonal Triangle), where a break of the local low is inevitable. What fits within the corrective movement of BTC
The growth potential here is limited — we're approaching the end of the ending diagonal. After that, I expect a significant correction. Whether it will be a correction of the entire impulse or an extension of the final fifth subwaves will depend on the depth and duration of the anticipated pullback.
Within the initial diagonal triangle, we're looking for a long in wave 5.
A short can be considered in wave C, which is completing the larger triangle, but only if we take into account that wave E of the triangle hasn’t already ended earlier
Within wave D of a symmetrical triangle, I'm looking for a long in wave E.