Solana Is Bullish, But Correction Can Be Near
Dec 22, 2023

SOLUSD

Solana with ticker SOLUSD remains nicely bullish for subwave »v« of 3, but now that it has just hit 100 psychological area, be aware of a higher degree wave 4 corrective slow down at the beginning of 2024. Wave 4 correction can retrace the price back to 70-50 support zone before a bullish continuation for wave 5 of a higher degree wave (3).

Solana Is Bullish, But Correction Can Be Near SOLUSD Daily Chart
SOLUSD Daily Chart

Become a member

Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.

Exxon Mobil Looks Attractive For 2024. Check our blog HERE.

DISCLAIMER

Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through a distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time. Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors.

The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.

Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without Val Global d.o.o. prior license in writing.

By continuing to use the site, you agree to the use of cookies. Learn more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close