SUMMARY
Solaris (XLR) is more than half complete in it wide girthed rounded bottom formation. The chart below uses the curvature of current prices to extrapolate the remaining portion of the pattern. Eventhough the time it took to place the earlier five waves up was very short; the correction is very long, sideways and wide. Very typical of Altcoin corrections.
The blue wxyxz shows that one more incremental lower low for blue Z could complete the corrective phase and this matches well with the contracting nature of the MACD. After wave Z is placed, the slow start of building the righ wall of the rounded price formation is likely to be initiated sometime during the end of April or early May.
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