SOLANA WILL DUMP FURTHER
Solana looking quite bearish here as we're breaking ou of the reversal pattern and if we take a look at SOL/ETH we can see that SOLANA is extremely overvalued against ethereum which imo will lead for a dump in solana price.
I'll speak in another post about SOL/ETH.
As for now i do see sol heading back to 150
ISH and below to a 125$ level which would be quite solid and perhaps would make sense as well as a 2 BILLION DOLLAR unlock in coming on March 1st.
No real alt szn until sol is equaly or undervalued again against ethereum.
Stay safe and accumulate accordingly.
I'll speak in another post about SOL/ETH.
As for now i do see sol heading back to 150
ISH and below to a 125$ level which would be quite solid and perhaps would make sense as well as a 2 BILLION DOLLAR unlock in coming on March 1st.No real alt szn until sol is equaly or undervalued again against ethereum.
Stay safe and accumulate accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.