SOL/USD Elliott Wave Analysis: Finished Impulse Wave Discovered - Get 3 Months of Free Elliott Wave Trading Now!

SOL/USD Elliott Wave Analysis: Finished Impulse Wave Discovered - Get 3 Months of Free Elliott Wave Trading Now!

According to a report from stock3.com, the current price is $104.93000 (Bitfinex). André Tiedje from stock3.com has published an Elliott Wave analysis for SOL/USD. It is in an intact downward movement, within wave II and the ongoing price recovery tendencies should be assigned to wave (B). No particular strength is evident and it is pointed out that the start of a wave III should be awaited. The analysis suggests that wave (1) or wave (2) may complete soon, and a long-term target is $1212.

Elliott wave analysis suggests that Solana price may remain in a downward trend and that wave III formation should be awaited. It is also noted that the current price recovery tendencies can be assigned to wave (B). The relative weakness of the price is also emphasized.

André Tiedje's Elliott Wave analysis provides both long-term and short-term investment perspectives for SOL/USD. From $12 to $1212 would be a phenomenal thing, however current buying interest is not enough to initiate a reasonable wave (B). It is recommended that the course be given sufficient time to train waves 3-4-5.

Elliott wave analysis could have potential impact on the market as investors and traders could make their decisions based on this analysis. It is noted that investors should carefully consider their decisions and not get into difficulties as this could inevitably lead to wrong decisions. Attention is also drawn to André Tiedje's new premium crypto analysis service, which provides in-depth Elliott Wave analysis with the most interesting cryptocurrencies on the market.