Solana has recently completed wave 2 with a nice impulse early 2023. we are now seeing a sideways correction for a move higher.
We anticipate the bottom to be in so it allows us to have a strict invalidation level. The upside is over 1000% whilst the downside is very limited.
Trade Idea:
- Watch for a strong impulse higher breaking the red trendline
- Stops below the correction or safer stops below the bottom
- Targets: 70, 100, 240, actively manage the rest
Goodluck and as always, trade safe!
We anticipate the bottom to be in so it allows us to have a strict invalidation level. The upside is over 1000% whilst the downside is very limited.
Trade Idea:
- Watch for a strong impulse higher breaking the red trendline
- Stops below the correction or safer stops below the bottom
- Targets: 70, 100, 240, actively manage the rest
Goodluck and as always, trade safe!
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