solana:So11111111111111111111111111111111111111112 is one of those alts that still hasn't reached its 10/10 level, but shows strenght. #Solana has reached and exceeded the previous HTF lower high on the weekly. The daily chart shows the possible roadmap for an impulse wave from the 60s. On the lower-time frame, price action is approaching an important juncture. So far the bounce after the wedge can be considered a zigzag pattern. The key level is the $108-$111 zone. If the market can break above this area, it would open the road into the $120 levels. My base case remains: wave (5) of 3 will unfold, and potentially end at $118, or if it gets extended at $124. What's your take on solana:So11111111111111111111111111111111111111112? Will the 4h chart print a zigzag or morph into a new impulse wave?
BTR forecastShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.