Total Quality
Score
If You Had Traded on This Analysis…
Correct
SOLUSDT
Entry 185.2500 2025-08-11 04:01 UTC
Target 191.7400 In 2 Days
Fail 170.4000
Risk / Reward 1 : 0
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Final PnL
3.50%
P/L:
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SOLUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on Solana (SOLUSD) and its potential five-wave move to the upside, viewing the current action as potentially Wave 4 of a diagonal structure. It highlights that SOL has followed the roadmap but hasn't reached new highs or broken support levels. The analyst proposes a target for Wave 5 between 191.74 and 196, which align with 200% Fibonacci extension levels. A C wave decline can be seen if the current resistance is not broken. A break below 170.40 dollars would invalidate the five-wave structure, suggesting a failed attempt to form a meaningful low from the August levels.
Principled
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Accurate
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