Popular cryptocurrency analyst Bluntz (SmartContracter) pointed to a bullish pattern, noting that Solana (SOL) is ready for a bullish breakout.
Bluntz is a recent social media in your post, He made remarkable statements for Solana, one of the biggest competitors of Ethereum (ETH). for Solana the fix may be complete implying that the analyst based his thoughts on the Elliott Wave theory.
In the chart he shared Elliott Wave according to the theory 32-34 dollars Bluntz, showing the band 100% upside potential He said he saw it.
One of my favorite altcoins is SOL. It received a solid response from a major support level. The correction made a clean move in 3 waves. I see this as 100% potential for upside.
According to Elliott Wave theory, the main trend in an asset’s price action occurs in a five-wave pattern, while correction occurs in three-wave stages. On the chart presented by Bluntz, it seems that the 3-wave correction has been completed and the bullish move has begun. When viewed in line with the analyst’s graph, Solana More than 90% bullish movement It may be waiting.
Cryptocurrency exchange in particular With FTX’s bankruptcy SOL, which has depreciated seriously from there, is at its all-time high (ATH). $259 by comparison With 93% depreciation is priced.
According to CoinGecko data, in the last 24 hours 0.8% increase exhibiting SOL, at the time of writing from $16.95 is being traded.
