Technical analysis by TradingMula about Symbol SOL on 5/11/2025
https://sahmeto.com/message/3502258

TradingMula
Rank: 237
Analytical Power:
3.1

$SOL/ ETH ratio may soon decline as Ethereum shows relative strength. ETH's new upgrade on scaling solutions and DeFi dominance could outpace Solana's momentum. Watch for ETH outperformance! #Crypto #Ethereum #Solana Chart pattern is now showing a classic Elliot wave bearish ending diagonal pattern which will be confirmed when ratio breaks back below the prior all time high of 2022Solana /ether pair has broken down and is confirming that relative strength can be continued in Ethereum suggesting the tide is flipping from solana to ethereum
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Signal Type: Neutral
Time Frame:
1 weekPrice at Publish Time:
$172.35