it looks like that SOL has topped on it's ETH pair, what does this mean?
I believe that ETH has bottomed out against its BTC and SOL pair.
This means that I expect ETH to be outperforming in the long run
Comparison with ETH's BTC pair:
This is obviously useless TA, i am just drawing the two lines to clarify the contraction.
The retracement after the recent pump in ETH/BTC could be to shake out more poeple from ETH —> BTC before we go higher on ETH/BTC.
tldr
I think ETH will outperform BTC and SOL in the long-term until next cycle.
This chart will say "short" SOL/ETH
Long ETH/SOL and LONG ETH/BTC
I believe that ETH has bottomed out against its BTC and SOL pair.
This means that I expect ETH to be outperforming in the long run
Comparison with ETH's BTC pair:
This is obviously useless TA, i am just drawing the two lines to clarify the contraction.
The retracement after the recent pump in ETH/BTC could be to shake out more poeple from ETH —> BTC before we go higher on ETH/BTC.
tldr
I think ETH will outperform BTC and SOL in the long-term until next cycle.
This chart will say "short" SOL/ETH
Long ETH/SOL and LONG ETH/BTC
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Telegram:
t.me/ikkeomarfree
I can also help you get $50.000 funded!
Just dm my Telegram @IkkeOmar