SOLETH Play (Patreon)
Published:
2023-12-06 17:53:49
Imported:
2023-12
Content
Hey Team
I'm writing to share my trading plan for Solana (SOL) against Ethereum (ETH).
Alert Trigger:
- I've set up an alert to notify me when the SOL/ETH trading pair reaches 0.03 (with a few decimal points of precision).
Action:
- Once the alert triggers, I will swap between 1/3 and 1/2 of my ETH holdings for SOL.
Rationale:
- I believe SOL is undervalued compared to ETH and is poised for a breakout.
- SOL has been relatively flat since November 10th, suggesting a period of consolidation before a potential move upward.
Timeline:
- There is no definitive timeframe for this trade, but I believe it could happen soon.
Next Steps:
- I will keep you updated on any developments and any actions I take.
Please note:
- This is just my personal trading plan and should not be considered financial advice.