Well as you can see in B we have a very great position 2 get them and have a very perfect risk to reward ratio
TLDR: short term play to flip BNB in SOL and back, as BNB seems to be stronger in the longer term -- Overview After a meteoric rise in the first half of 2021, SOL started to roll over in Sep '21, both in fiat term and against BTC. This trend is even more prevalent when observing the trading pair SOL/BNB. Technicals of the lower time frames, daily and hourly, are...
Looking at SOLBNB, I think Solana has a chance of exceeding BNB marketcap as many folks onboard to Binance, buying BNB for lower trading fees as they chase Solana. A simplistic area for the peak of that overtake in this bull run is the 1.618 fibonacci. The $SOL valuation then, will be based on how far we think $BNB can run.
Looking at SOLBNB, I think Solana has a chance of exceeding BNB marketcap as many folks onboard to Binance, buying BNB for lower trading fees as they chase Solana. A simplistic area for that overtake of BNB to peak is the 1.618 fibonacci. The $SOL valuation then, will be based on how far we think $BNB can run.
If you think it's too late to buy Solana, think again. Looking at the SOLBNB chart you can see that BNB has been dominant over it for a long time but Sol has finally broken free and is on top of structure. IMO this is a great spot to rotate out of BNB and into Solana
SOLBNB TP1 - 0.08364 TP2 - 0.091 TP3 - 0.099
MACD ,RSI , SMA and EMA are bullish SOL grow very easy