@morecryptoonline

YouTube

Avg. Quality

71

Success Rate

27.12

Analysis

354
Correct
96
Fail
105
Pending
143
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SOLUSDT
Entry 203.0300 2025-08-27 06:45 UTC
Target 214.0000
Fail 171.0000
Risk / Reward 1 : 0
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SOLUSDT
Cryptocurrency
Technical
1H
Analysis Predict Range Market
Body
The video analyzes SOLUSD using Elliott Wave Theory, indicating a potential for one more low before a significant move upwards. The current price is around 194.10. The analyst is expecting an eventual move to the upside, but is suggesting one more leg down to around 174, based on Fibonacci extensions, before that move occurs. A key resistance level to watch is 214. The analysis suggests that, for the bullish scenario to play out, a break above the upper trend line at 214 is needed. The presented wave structure is corrective. The B wave bottomed, but the move upwards appears to be only a 3-wave structure. Therefore, the more immediate predicted market trend is range bound, and possibly slightly bearish, until the next leg to the downside occurs, before attempting to break upwards.
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