xTako

Bid SOLETH perp and hold until ATH

Long

  • SOL trades to ETH; not to USD.
  • SOLETH moved from 2% to 3% in a ziffy.
  • By the looks of it, all set to move to 6%, or double in some time.
  • This consolidation is a good time to bid.
  • 2.131% at the weekly demand zone, is a great place to get a high leverage position.
  • 2.131% (or 21.31 in this chart) was the lowest it was before the FTX saga. Not going below.
  • Anywhere below 2.6% is a good bid.
  • Acquire perp in this range without liquidation risk, and don't sell until ATH.

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