Technical Analysis

Solana Is Extending The Rally As Expected; New All-Time Highs Soon?Nov 16, 2024

Hello Crypto traders!

We want to update Solana with ticker SOLUSD chart from August 08, where we mentioned and highlighted a correction within an ongoing five-wave bullish impulse towards the all-time highs area. We talked about subwave 4 correction that can send the price higher for wave 5 of (3). CLICK HERE

Solana Is Extending The Rally As Expected; New All-Time Highs Soon? SOLUSD Daily Chart From August 08
SOLUSD Daily Chart From August 08

As you can see today on November 15, Solana is nicely extending the rally within wave 5 of (3) and there can be easily space and time towards the 260 all-time highs area, because wave 5 should be finished by a five-wave cycle of the lower degree. We actually see room up to 300 area or higher, just be aware of a lower degree subwave “iv” pullback around the all-time highs area before a bullish continuation for the final subwave “v” of 5 of (3).

Solana Is Extending The Rally As Expected; New All-Time Highs Soon? SOLUSD Daily Chart From November 15
SOLUSD Daily Chart From November 15

If you don’t want to miss the next rally, you may want to become a member of www.wavetraders.com, especially now when we have a special offer, where you get 2 months of subscription for the price of 1.

For more analysis like this, you may want to watch below our latest recording of a live webinar streamed on Monday Novermber 11 2024:

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