Alikze »» SOL | Wave 3 or C scenario - 4H
2024-10-11

🔍 Technical analysis:  Wave 3 or C scenario - 4H 

- It is moving in an ascending channel in the 4-hour time frame.

- It is currently in wave 3 or c, which can continue its growth up to the top of the channel.

- A zigzag correction is observed in the corrective microwaves at the bottom of the channel, which has moved a three-wave towards the supply range.

- After that, a 5-wave correction has extended to the bottom of the channel in the golden zone.

- Wave a has a three-wave cycle and wave b has a five-wave cycle.

- Therefore, wave c can extend to the region of the roof of the channel and the red box.

💎 According to the structure, the minimum growth up to the first supply area, the middle range of the channel and after its failure up to the second red box, the ceiling of the channel can continue its growth.

⚠️ In addition, if the region 133.181 is touched, the bullish scenario will be invalidated and should be updated again. ⚠️
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