It sure does look like a cup/handle formation even though that's a wonky handle. But we're still above the Keltner Channel avg line.
.08 level is the what we're all looking at :)
There is a giant cup and handle on the SOLETH weekly chart. The target is about 0.11.
So when ETH gets to $10000, SOL should be about $1100.
Or when ETH gets to $15000, SOL should be about $1400.
This should happen in this bull market by 2025 at the latest.
Looking at this chart just makes me happy how i posted about this almost a year ago.
Find it out in the related link.
Whales did what was expected!
Always a student!
Do you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered!
I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.
Nice W pattern in formation
Linear and Log targets provided
Cycle 2 coin vs Cycle 3 coin makes complete sense for Solana not only to survive but outperform #Ethereum
After price raised in RBR manner we usually expect retracement to the base. Corrective structure is ABC thats why I'm expecting failed chOch for the bears and another chOch for the upside marked with purple arrows.
Hi traders,
Its hard to know how to trade SOL against ETH but short term these moving averages are holding it up
We have 2 scenarios.
A flat correction or double zigzag.
Having sweeping the bottom into POC level makes sense. No trade yet but will be keeping an eye on both SOL and ETH along with the paring to maximise these tokens if we get the timing...
Starting to think this charts going to play a major role in the upcoming or current bullrun over the course of the journey
main rotation seems to have been sol -> eth bnb eco and back
few other strong new coins also but felt like sol was taking alot of the liquidity on its move to briefly overtake bnb in marketcap..
anyways the trigger here would be an obv...
Ethereum performance has been lagging compared to some of the 'stars' in the last quarter of 2023; it looks as though its time for Eth to take back some of those gains....
Hi Traders,
Its ETHs turn as we watch the weekly ETH. vs BTC and hence many ETH based blockchains are pumping.
In turn, we see the VAH and POC and then VAL could be the range or lower for this correction., move.
I'm not bearish on SOL but making some moves is wise to compound accumulation.
All the best.
S.SAri
That's the question right?
Assuming Bitcoin price is relatively unchanged, with buyers and sellers ahead of a reported ETF launch... Will we see another 5% prior to a pullback, or another 45-50%? The Solana-Ethereum valuation is close to the top with another 5-6% remaining. Will that be a catalyst for more profit-taking? What are the communities thoughts? How...
Solana been on a good run but did hit it's breakout target out of the W formation against ETH. I would stay cautious at this point, also because I believe it's way overvalued and just running on hype. Many superior chains with more adoption around, but that's just my opinion.
Ethereum however, still is the main chain and didn't run as of yet. I expect that to...
Solana's Firedancer Testnet Sparks 80% Gain
Solana, often called the "Ethereum killer," has surged by an impressive 80% in the past month, thanks to the launch of its Firedancer testnet – a much-anticipated scaling solution. This surge has rekindled investor optimism in Solana, and its native token, SOL, has seen an 81% price increase in the last month, reaching...
Looking at SOL/ETH chart we can see that it has been trending down since the early days of the bear market. Reason being the SOL network was experiencing challenges such as network instability, dApps hacks and FTX collapse.
But now many things has changed, the SOL ecosystem has been thriving like never before, the network has been up and stable for long streaks...
Solana (SOLETH) pair weekly chart is presenting us with a great opportunity to grow our ETH holdings with a SOLETH trade over the next several months.
This is based on the weekly chart so it will take 2-3 months to play out. Solana is getting ready to gain against ETH. This could happen in several ways. One way simply is that SOL gains in price in a...
