WicktatorFX

SOLANA - Higher Timeframe Overview ✅

BINANCE:SOLUSD   Solana
On a higher timeframe, Solana looks perfect from an Elliott Wave perspective. We have a nice 5 wave impulse for wave 1 and now we're in an ABC correction for wave 2, which appears to a zigzag pattern.

Zigzag patterns consist of 3 major waves subdivided into the following subwaves: 5(A), 3(B), 5(C).

We are currently in Wave B and looking for a move higher for completion of the correction.

See below for our lower timeframe analysis:

Goodluck and as always, trade safe!

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