#SOL ETH looked like the stronger one a while ago, but now fi | Vantage Technical Analysis

#SOL

ETH looked like the stronger one a while ago, but now first new ATH is on SOL. Just as most of other large caps there was a decent triangle and gave us a nice trading opportunity.
Back then after the big May dump I was almost sure that there is going to be a relatively large correction, but a complex correction with a large X-wave that starts with a triangle? I wasn't expecting that.

There are 2 scenarios:
1. The scenario that looks a bit more possible than the other one is that the correction is still in play and the current rally is an X-wave which should lead to another bearish pattern of the similar size and structure to the pattern prior to X-wave (the triangle) to extend the correction before loading the strong trend that follows such formations.
2. The correction has already ended with triangle. In that case, what you need to do is to draw a fib from the lowest price you see on the following chart to the previous ATH and project it from the end of triangle and wait for your targets to be hit.

Either of the scenarios should result in a strong mid-term rally, but the first scenario indicates a much better one.

https://www.tradingview.com/x/WNqxpivA/