$SOL: The move up from the 24th of February low looks like a 3-wave move the the upside. This allows for the interpretation of an extension of the correction in the orange scenario. To rule out the orange scenario, I need to see a 5-wave pattern that breaks the $113.97 resistance level. A break above $107 would already indicate that a low of sorts is in place. Either way, both scenarios in yellow and orange are bullish. The $86 level is important support.
#SOL #Solana #ElliottWave #Altcoins
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