Eloquent

[solana] by elo

Eloquent Updated   
CRYPTO:SOLUSD   Solana
Good morning.

After much contemplation, we have resolved to resume sharing public cryptocurrency posts, initiating an extensive series on the topic.
@anthonysom and I will present a wide range of macro counts for the top 100 cryptocurrencies.

Please note that Bitcoin and Ethereum projections will remain private.

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Solana ascended from $0.21, manifesting an ostensibly unblemished five-wave progression.
Upon encountering resistance at $260.05, it plunged into another five-wave decline.
Five waves down typically signal the commencement or culmination of a phase –
in this instance, it marked the beginning.

Remarkably, we were able to pinpoint the exact low, as our primary count received validation at this level.

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My hypothesis posits that Solana is undergoing a Simple Zig-Zag pattern for this macro corrective phase.

Projected Wave B target: 90
Projected Wave C target: 2.50
Trade closed manually

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