Solana remains bullish within an impulsive rally

Gregor Horvat Wavetraders

We talked about Solana with ticker SOLUSD back in December, where we mentioned and highlighted an ongoing five-wave bullish impulse. We also warned about a corrective slow down, which has retraced the price back to projected 70 support area. Solana came down as expected, but because pullback was smaller than we thought, this can then still be a lower degree subwave »iv« rather than higher degree wave 4 correction, however, in either case we are looking higher for the 5th wave.

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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