when SOL/ETH chart is rising, it means SOL is doing better compared to ETH (in both pumps and dumps - rising more in pumps and dropping less during market dumps) and when it's in a downtrend, it means ETH is better compared to SOL. this is the 3D timeframe, as can be seen, it is already in resistance zone and it seems it's gonna break below the white trendline...
SOL IN UPWARD TREND ETH DOWNWARD TREND But more challenges by the SEC facing both in the next weeks. Currently SOL in uptrend,.If levels reached, go short
With the recent ETH etf hype, I thought it was time to check back up on my SOL/ETH chart and as expected there have been some major developments. Based on the chart it looks like ETH with take back the throne and out perform SOL for the time being. What this chart shows is that we have seen major supply (or Solana being converted into ETH) in this red box....
SOL benefitting of Ethereum downtrend.Never the less some challenges will face botH Currently long. If 0.5427 breaks, then revre the rrade a go short
The SOLETH chart is poised for a massive breakout in favor of SOL
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
I would wait for SOLETH chart to pull back to my buy zone before converting some more ETH to SOL. We are over bought on SOLETH.
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.
If CRYPTOCAP:SOL momentum continues, we may be open air to .06 sooner than later
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...