
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
28.06
Analysis
499
Correct
140
Fail
164
Pending
191
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

SOLUSDT
Long Entry
240.5600
2025-09-12
23:07 UTC
Target
374.0000
Fail
63.0000
Risk/Reward
1 : 1
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The analysis focuses on Solana (SOLUSD). The monthly chart on the MACD indicator shows a bullish cross. The September candle indicates bullish sentiment, referencing a previous similar pattern in 2023 which resulted in a substantial price increase. However, it's mentioned that the momentum strength may not be as strong this time due to a different wave structure. The analysis states that Solana is currently in a fifth wave on the long-term chart. It's not necessarily a buy indicator but something interesting to observe due to the momentum being up. The analysis stresses that the monthly candle isn't closed yet so the analysis is only valid once the candle is closed. Several support areas that the price tested. The Elliott Wave is usually a leading indicator due to the current price data.