📊 Timeframe: 2 Days Chart
📉 Market: SOlUSD

A powerful multi-timeframe Elliott Wave setup is taking shape, revealing a high-probability long-term bullish opportunity. Here's the broader outlook:

🔍 Bigger Picture Analysis:

• Cycle Wave 3 has topped out

• Followed by a complex corrective Wave 4 in the form of a contracting triangle (A-B-C)

• This led into a new impulsive cycle composed of:

  • Minor Waves (1) and (2)

  • A strong 5-wave Wave 3 rally, peaking near $300

  • A WXY combination forming Wave 4

  • Then, a sharp 5-wave drop into Wave (C) of Y, completing Wave 2

✅ Key Zone:

Wave 2 has likely completed at the green zone (~93.18), which also acts as our invalidation level. As long as price holds above this level, the bullish count remains valid.

🚀 What’s Next?

We anticipate the start of Wave 3, aiming for long-term targets above $380.
A breakout above minor Wave 4 (in the $135–$140 zone) will confirm the early stages of the next impulsive leg upward.