Alikze »» SOL | wave 3 out of 5 bullish scenario - 8H
2024-10-25

🔍 Technical analysis:  The second bullish channel - wave 3 out of 5 bullish scenario 

- According to the analysis presented by Solana in the  previous post , the targets specified in the ceiling of the channel (the range of the first red box) were touched.

  

 - It has now entered the second bullish channel with the break of the red box, which can continue with a pullback to the broken structure of this movement cycle.

- Therefore, according to the upward trend and the continuation of Solana's movement cycle, which is in wave 3 out of 5, the targets specified in the chart are within reach of the upward trend of Solana's currency.

💎 Objectives: The middle of the second ascending channel and then the ceiling of the channel and the specified supply area will be.
It is currently in wave 3 out of 5, which can crown the mentioned targets.

⚠️ In addition: if the Invalidation LVL area is updated and touched, the continuation of the upward scenario will be invalidated and must be checked and updated again.⚠️ 
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  BINANCE:SOLUSDT  
