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Technical analysis by neoman007 about Symbol SOL on 7/29/2024

https://sahmeto.com/message/3303253
،Technical،neoman007

Cyclicality of SOL (under-performance) and ETH (over-performance) relative to BTC ∘ only using data YTD but there seems to be a cyclical pattern to the performance of ETH and SOL wrt BTC ∘ basically SOL under-performs BTC and catches up while ETH is opposite ∘ and the cycle period is about 2-3 mths 🔥 fwiw, SOL has caught up to BTC perf ratio-wise while ETH under-performance is at ratio lows 🤔 tbh, based the cyclicality, for me SOL is a much better buy as a catchup trade to BTC outperformance. The time to long SOL is when BTC really roofs, not now imho #technicals

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$192.5
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