Technical analysis by ElliotXSolana about Symbol SOL: Buy recommendation (4/17/2025)

SOLUSDT I'm still anticipating the same pattern; the only change is an additional high in wave 3.We may have found a potential local bottom at yellow Wave A, and are now tracking a move towards yellow Wave B.This yellow Wave B appears to be unfolding as a 1-2-3-4-5 structure:Waves 1-2-3 are likely completed.Waves 4 and 5 could still be ahead.This full impulse may form part of a larger A-B-C correction, completing the final yellow Wave B.In the black wave count, the 1-2-3 move is finished.Within Wave 3, we saw a clean internal 1-2-3-4-5, confirming the completion of that wave.Currently, I’m tracking the move from black Wave 3 to black Wave 4 as a developing A-B-C correction:Wave A is potentially in.We are now in the resistance zone of Wave B, which could lead to the final drop into Wave C.After completing Wave 4, I expect an upward move into black Wave 5, starting with an initial A-wave.This should then form another A-B-C structure, leading to the completion of the final yellow Wave B.this shows my potential entry points for longs/shortsWe could see a minor 3 finished at the moment. So basically I'm tracking a small wave 4 right now to finish our main wave 3 heresmall 3 topped, realy nice. Now searing for a low in wave 3 to 4 to get then our (3) in a wave 53 reached now searching for the 4wave 5 is nearly at the end of this rally.