MCO Global’s Post

$SOL: The price has likely not yet formed a low in wave b and one more low to $150 is likely. However, the price is moving in corrective structures up and down, and this means probabilities are balanced. There is no high quality setup at the moment. We have to be open to transformations of the wave structure, but I am watching for higher prices as long as the $147 level is holding. However, below $147 the price could target $90-$109. #Solana #SOL

$SOL: The upper micro support region is still holding, but remember that the b-wave scenario's support level is at $147.74 and this one is also the preferred scenario. I am looking for higher prices but will change my view if the price breaks the structure, which will likely happen if the price breaks and sustains below $147. #Solana #SOL #ElliottWave

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$RNDR: The price has shown a positive reaction to our support zone for wave iv. If wave v has started, then it is likely unfolding as ABC structure. Wave c of (A) should reach $11.38 next, and possibly $12.82 or $13.78 if the price can break above $11.38. #RNDR #RenderNetwork #ElliottWave

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① Densities of an exponential family with fixed support truncation form another exponential family ② Kullback-Leibler divergence between truncated densities of an exponential family is a duo Bregman divergence when finite. Duo: generators F1≥F2 https://lnkd.in/gEGKmAwB

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