Technical analysis by mugcal about Symbol SOL: Buy recommendation (10/20/2023)

As you can all see, Solana gave a clear break out above a major resistance level on the Daily timeframe. It then retested that broken resistance level to give us a descending channel and it then created a major resistance level above which we have again had a break out for the current swing buys till the previous supply zone where price greatly wicked and started dumping...I am looking at having all the 5 Elliot waves completed if we are to think of the next sales...