Solana SOL Will Bounce, But Then Scam!
Hello, Skyrexians!
Couple of weeks ago we told you that $SOL will reach $110 in the wave 5 inside the major wave A. You can find this analysis here . Exactly from this zone we have seen the bounce. This bounce is a major correction and those who listen this analysis could already be in the great profit. But anticipated bounce is not the bull run continuation and finally Solana will drop hard because its era is finished.
Let's take a look at the weekly time frame. Here we can see that 5 Elliott waves with the Awesome Oscillator's divergence. After that the major correction has been started. Wave A has been finished at $110 with the green dot at the Bullish/Bearish Reversal Bar Indicator [Skyrexio] and now we will see wave B, which will reach the Fibonacci 0.5 approximately at $200. From there we will see the scam drop in wave C. It will likely break the major Fibonacci 0.61 support. In this case game is over and Solana can fall for a years or even scam.
Best regards,
Sheikh Shihab
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