Elliott Wave | Final Bullish Push Before the Big Drop? | (C) of

29 Mar

SOLUSDT

🔵 Elliott Wave Setup | Complete structure - Final move incoming?

The current wave structure suggests we're approaching the end of the corrective (B) wave. Price is now testing the 78.6%–88.7% Fibonacci support zone, which is a typical launch area for a bullish (C) wave.

➡️ My Outlook:
- (B) correction is nearly completed at the key Fibonacci support.
- Expecting a bullish move up into the 78.6%-88.7% target box to complete wave (C) of (b).
- After that, a strong bearish move is likely towards the "End of the bear" zone.

➡️ Trading Idea:
1️⃣ Long entry within the 78.6% – 88.7% retracement support.
2️⃣ Target: Red box area (potential top of wave (C) of (b)).
3️⃣ Prepare for a short setup after confirmation of reversal from that zone.

‼️ Risk Note:
- If the price breaks below the 88.7% level, the setup becomes invalid.
- Always use proper risk management and wait for confirmation.

💬 What do you think? Is wave (B) already complete or are we getting one more push?

#ElliottWave #ChartAnalysis #TechnicalAnalysis #Fibonacci #Crypto #Forex #Trading

30 Mar

İşlem aktif

buy position is active, but the target is a new one.check out my new post!