4th waves and B waves are meant to frustrate. These are decision areas. Price points both bulls and bears fight it out. In the case of the 4th wave…the recent trend always wins. The opposite is true for a B wave. Today we achieved what was needed for our wave 4 in an ending diagonal ultimately down to the high $70 level. If still an ending diagonal , we should not go much higher than today’s HOD. From there we should reconcile in the red target area box.

If this wants to morph into an ABC, we will get as high $98-$102 and then the dreaded C wave down to the low $70’s. Remember what I said about a C wave. You know you’re in one when it feels like the market is crashing.

However, this is just my ALT count (In Purple). Make no mistake…this past Saturday made it so that if we get to $100….Bulls will be screaming we bottomed. I said in previous posts that Saturday was a big clue…we did not bottom on Saturday. Trust me I can’t wait to confirm a bottom…we’re a ways away from that so strap in.

PS: IF YOU’RE READING THIS AND ENJOY MY TWICE DAILY ANALYSIS ON SOL GIVE ME A THUMBS UP OR IF YOU DON’T FOLLOW ME….CONSIDER FOLLOWING ME FOR ALL YOUR SOLANA PRICE MOVES.

Best to All,

Chris