stevetambo32

SOL price breaks below lower channel of symmetrical triangle. Bearish continuation confirmed? Price in favour of shorts now with next support around $85-97

Feds cut rates and from the chart I count 7 waves inside the symmetrical triangle. Break out imminent ?

We consolidate between $145 and 120 for now. In favor of an upside break

Bitcoin completes it’s Elliot wave pattern with 24K marking the top of this cycle . 85K likely the bottom for this first wave down with a relief rally expected to 113K . From there 42K is the next possible support for the second wave down. Saylor is in trouble.

Think we've seen the last leg down of this falling wedge pattern. Breakout wave up with a target of around $195 first before retracing to $158. Real long entry begins after retracement with a final year target of above $250

Long term BTC trend looks intact with price revisiting 98K -92K demand zone on the weekly chart. This coincides with the long term trend line with liquidity sweeped. Reversal from this arrea would trigger another wave up to 160K area.

SOL price now in very evident bearish down trend after rejection at $240 region. Looking at the daily chart next possible support is around $94 - $100 region . Wouldn't expect any bullish action until then

SOL Price finds support at 0.618 fib eliminating thoughts of a bearish setup. Time for price to start its move to $500. First stop : 266 - 250

Following that price crash to $175 looks like price reversal is underway with $190 acting as new support area around short term 0.5 fib. Market conditions are bullish right now, expecting a move to $250 from here

Previous support at 11500 looks to have been converted to new resistance as BTC resumes down trend . Is max pain at the 95K area?