Patreon IA SOL UPSIDE MODEL on TradingView (Patreon)
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Hi Team
Here is a cool model we built for Patreon. We call it the IA Upside Model for SOLANA. It tells you where $SOL is in relation to my price targets. We are going to come out with more of these models. Check out the video to learn how to use it and learn when to start lightening the load once we achieve some of our targets. We are also coming out with a new model which is called the layer out model, which we are working on at present.
Expect a lot of cool stuff over the coming months.
FIND SOL UPSIDE MODEL HERE: https://www.tradingview.com/v/pKUcH7Q1/
You will need a tradingview account to access it (a free account is fine). PS for a TradingView upgraded account discount, hit this link. TradingView referral link $30 off: tradingview.com/?offer_id=10&aff_id=27663
This model will help you visualize the relative prices based on pricing models and also gauge upside for profit taking down the line. Remember, everything mean reverts. This model is also dynamic and will be updated as SOL Dominance changes over time. This model is intended to be used daily with any of the following: SOLUSD, SOLUSDT, and SOLUSDC . We prefer SOLUSD.
Step 1 - Match ADA Market Cap - considering metrics, this should be considered a first step.
Step 2 - 6% ETH Market Cap - 1/17th of ETH market cap is a low bar but was my initial price prediction in April 2021.
Step 3 - 10% ETH Market Cap - next step on the way to 1/10th ETH market cap.
Step 4 - 20% of ETH Market Cap. As Solana develops so will this model.