The two charts are only separated by name, both are working out a correlated fractal structure.
The exact position of Solana compared to the Tesla fractal is much elusive. Two possible considerations of current structure in Solana fit equally into the past trend already completed by Tesla
The two possible scenarios are indicated on the chart above,
1. If the 21st July 2025 top in Solana corresponds to the 4th April 2022 point on Tesla, the price action will favourably follow the white line.
2. If the 21st July 2025 top in Solana rather aligns with the 17th July 2022 point on Tesla, then price will likely make a minor correction and move higher as indicated by the gold line.
Please note, the year dates below the lines are not to be considered, the lines are just for illustrations only. Also note that the extent of corrections or expansions in fractals are not necessarily the same, they only share similar structural forms.
Trade safe, good luck
The exact position of Solana compared to the Tesla fractal is much elusive. Two possible considerations of current structure in Solana fit equally into the past trend already completed by Tesla
The two possible scenarios are indicated on the chart above,
1. If the 21st July 2025 top in Solana corresponds to the 4th April 2022 point on Tesla, the price action will favourably follow the white line.
2. If the 21st July 2025 top in Solana rather aligns with the 17th July 2022 point on Tesla, then price will likely make a minor correction and move higher as indicated by the gold line.
Please note, the year dates below the lines are not to be considered, the lines are just for illustrations only. Also note that the extent of corrections or expansions in fractals are not necessarily the same, they only share similar structural forms.
Trade safe, good luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.