SOL / TetherUSLong
INTEMARKET ANALYSIS BETWEEN SOLANA AND BITCOIN
Generally speaking, Solana and Bitcoin are positively corellated and tend to move in tandem with one another.
As seen on the charts, the price of solana soared to the upside rather violently to the upside, but bitcoin did not. In this case, solana is a leading indicator to bitcoin. This means that the fact that solana have rallied, we can expect rally on bitcoin
Preparing for longs on both Solana and Bitcoin
As seen on the charts, the price of solana soared to the upside rather violently to the upside, but bitcoin did not. In this case, solana is a leading indicator to bitcoin. This means that the fact that solana have rallied, we can expect rally on bitcoin
Preparing for longs on both Solana and Bitcoin
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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.
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.