Solana has been looking for oil since a couple of days. the downtrend against ETH is quite steep. However we can notice a first breakout today of this downtrend. We can also notice that the MACD is slowing down and that the RSI had a small rebound. I will wait to see how price action is going to react in the golden ratio zone. I'm quite bullish on this project so any bullish sign would lead me to start filling up the truck.
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Just came back to this Idea. It turns out I had spotted the local bottom. riding it would have given a few pips. I'm feeling a bit unwell by the fact that we had a lower high. Let's see if we also have lower low which would mean that the market structure has change in favour of ETH. The RSI doesn't looked bottomed which means it could easily fell further.