Solana - Wave 4
2024-10-30

Can see a wave count here with anticipated abc/abcde correction leg into the larger wave 4 count. This would line up with post-election rally with a possible fakeout of Head n Shoulders pattern depending on the structure of the correction leg. May be lagging BTC fractal pattern by few days as it does its consolidation retest from ATH rejection. 

Markets very volatile, a lot of uncertainty with election nearing and mid-east tensions ect. Could see a higher Wave 3 here, but can already count a smaller 5-wave cycle within the larger Wave 3 as it heads into Macro trendline Resistance. 