The sol bottom range for this month is locked:
First, set a "top": look at the 45-day line level, dead cross, double lines opening down, this determines that its big trend is bearish. It is currently slightly below the middle Bollinger band, which is 148.5. Why has sol not been able to break through 148.5 for such a long time, stopping at a maximum of 146? This is the reason. In the future, only if 148.5 is broken and held, will the big trend reverse to a bullish trend.
Currently, sol is operating between the lower middle bands of the 10, 15, 20-day and monthly Bollinger bands, with their lower bands between 114-102, which can be used as one of the references for bottom fishing.
At the same time, the 10, 15, and 20-day EMA 7-30 have all been broken, with no support. The monthly EMA 52 price is 109.5.
Therefore, the bottom fishing range before breaking the 100 level is between 114-102.
Considering extreme situations, a large spike may cause a false break at 100, with the levels after the false break being 96.25-95.65. If it breaks below 95, it will be considered a real break, and then we have to consider the lowest range of 86.25-84.85.
For short positions, all should be exited between 124.85-121.25, and there is no need to chase profits in the spiking part.
