SOLV Looks Bearish (8H)SOLV appears to be completing an ABC or WXY pattern.
Recently, it lost a trendline, which is a significant bearish signal.
If it loses the white box, it could enter a heavy drop phase.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SOLVUSDT
Will SOLV pump more? (4H)It seems that a wave A has completed, and wave B has started from the point where we placed the green arrow on the chart.
This wave appears to be a diametric, and we are currently in its wave e.
The red zone is a supply zone that is fresh and untouched. This zone could complete wave e of B, leading us into wave f of B.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You