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Solana: Another Crash Before The Next Bull Market? Solana has started the next dip, with the recent recovery still looking corrective overall rather than impulsive. In this video, we take a look at the higher timeframe Elliott Wave structure, the short-term support and resistance levels, and why another low may still be likely before a larger recovery can develop. We also take a look at the MCO Terminal cycle engine and how time cycles currently align with the broader bearish corrective structure on Solana. Key levels discussed: Support: $81.28 / $77.96 / $71.93 Resistance: $88 / $96 / $110 In addition, we explain the concept of a flat correction in Elliott Wave Theory and how this structure may currently apply to Solana. If you want more daily crypto analysis, Elliott Wave education, TradingView charts, and access to the MCO Terminal, check out the MCO Gold membership. #Solana #SOL #Crypto #Bitcoin #ElliottWave #Trading #CryptoAnalysis #Altcoins Timestamps: 00:00 Solana breaking down from the channel 00:39 Higher timeframe outlook explained 01:31 Corrective rally vs new bullish trend 02:12 Why another low still remains likely 02:48 MCO Terminal cycle engine overview 03:37 Time cycles suggest recovery may be ending 04:29 Elliott Wave + time cycles combined 05:06 Short-term Solana chart update 05:44 One more low likely in progress 06:09 Key support and resistance levels 06:42 Flat correction explained 07:14 Different types of flat corrections 08:03 MCO Foundation Elliott Wave lessons 08:52 Why Elliott Wave is probabilistic 09:36 Next downside targets for Solana 10:16 What a break above $88 would signal 10:49 Final thoughts and membership overview ----------------------------------------------------------------------------------------- π§Ώ MCO Global: π» https://www.mcoglobal.com/ βοΈ Join the FREE Newsletter: π https://mcoglobal.com/newsletter/ π§Ώ Join the More Crypto Online Community: π https://www.mcoglobal.com/memberships OR π https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR π https://www.patreon.com/morecryptoonline π§Ώ Join the MCO Stocks & S&P500 Community: π https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- π§Ώ Social Media: π X / Twitter: https://x.com/Morecryptoonl π Instagram: https://www.instagram.com/morecryptoonline_official/ π All Links: https://linktr.ee/morecryptoonline βοΈ Contact: info@morecryptoonline.com ----------------------------------------------------------------------------------------- π§Ώ Exchanges & Brokers (Affiliate Links): π Trade on Bybit: https://partner.bybit.com/b/MCO π Trade on Bitget: https://partner.bitget.com/bg/MoreCryptoOnline π Trade with XTB β a global, regulated broker offering 7,100+ stocks and 1,400 ETFs π https://geolink.xtb.com/XjNyk (Please note: XTB services are not available to U.S. clients.) ----------------------------------------------------------------------------------------- π§Ώ Research & Tools (Affiliate Links): π Tradingview - Chart software Get a $15 discount on your first subscription: https://www.tradingview.com/?aff_id=108760 π Bitcoin Magazine Pro β On-chain data & research Get 20% off with code: 20MCO https://www.bitcoinmagazinepro.com π CoinTracking β Portfolio & tax tracking Get 10% lifetime discount with this link: https://cointracking.info/?ref=B776587 π Protect your cryptocurrencies with Trezor: https://bit.ly/morecryptoonline π Protect your cryptocurrencies with Ledger: https://shop.ledger.com/?r=0fb3c8be2e46 π Stay safe with NordVPN: https://go.nordvpn.net/SH4s0 ----------------------------------------------------------------------------------------- β οΈ Disclaimer The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws. All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor. Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission β at no additional cost to you. Thank you for supporting the channel. β οΈ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.
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