SOLANA - Technical Analysis - Tactical Horizon (1 to 3 weeks)
Context : SOL/USDT is progressing within a long-term bullish trend developing a wave III (Elliot wave account) confirming the follower momentum in progress.
The is no risk of trend dislocation for the time being as long as 33,90 remains support in order to progress towards the Wave III target at 71
Key element :
- MM are support at 33,90
- RSI is above 50%
- Elliot wave / Fibo level are showing 33,90 as key support (daily close) and 71 as main target.
Conclusion:
As long as 33,90 remains support, we can be confident to accumulate in dip to play new ATH at 71.
Context : SOL/USDT is progressing within a long-term bullish trend developing a wave III (Elliot wave account) confirming the follower momentum in progress.
The is no risk of trend dislocation for the time being as long as 33,90 remains support in order to progress towards the Wave III target at 71
Key element :
- MM are support at 33,90
- RSI is above 50%
- Elliot wave / Fibo level are showing 33,90 as key support (daily close) and 71 as main target.
Conclusion:
As long as 33,90 remains support, we can be confident to accumulate in dip to play new ATH at 71.
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CIO & Head of market research (Automata - Akt.io)
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