SOL December 18 Strategy Analysis
Fluctuation Range: 123.7-121.9
Upper Resistance: 124.6, 127.5, 130.1
Lower Support: 121.2, 117.1, 112.2
Low Long Strategy: Establish a primary position if it does not drop below 121.2, add positions at 122.2, stop loss if it drops below 112.2
First Take Profit: 124.6
Second Take Profit: 127.5
High Short Strategy: Establish a short position if it does not hold above 124.4, add positions at 127.5, stop loss if it holds above 130.1
First Take Profit: 121.2
Second Take Profit: 117.1
December 17 Review, the overall trend of SOL has been more volatile compared to Bitcoin. After failing to break the resistance at 134.3, it dropped back to a low of 127.5, and then continued to decline to yesterday's low of 121.1. Currently, SOL shows signs of a pullback.
Technical Analysis
Looking at the 4-hour Bollinger Bands, the three lines are moving downward, corresponding prices: 122.1-127.5-132.9, the market is fluctuating upwards. The current market has broken through the lower track but has not touched the ma5 moving average, and the market is still fluctuating upwards. The MA moving average is currently maintaining a downward trend in the short term. The MACD indicator has formed a dead cross below the 0 axis, and the fast line has already moved below the slow line, while the slow line is still below the 0 axis, indicating that bearish momentum is gradually increasing. The two lines on the hourly chart are gradually parallel, and bearish momentum is gradually decreasing.
The RSI indicator on the 4-hour chart shows both lines in the normal trading area, with dual line values of 33 and 16, both lines trending downward. On the hourly chart during the overbought trading phase, the fast line is flat, and the slow line is rising.
#巨鲸动向
Fluctuation Range: 123.7-121.9
Upper Resistance: 124.6, 127.5, 130.1
Lower Support: 121.2, 117.1, 112.2
Low Long Strategy: Establish a primary position if it does not drop below 121.2, add positions at 122.2, stop loss if it drops below 112.2
First Take Profit: 124.6
Second Take Profit: 127.5
High Short Strategy: Establish a short position if it does not hold above 124.4, add positions at 127.5, stop loss if it holds above 130.1
First Take Profit: 121.2
Second Take Profit: 117.1
December 17 Review, the overall trend of SOL has been more volatile compared to Bitcoin. After failing to break the resistance at 134.3, it dropped back to a low of 127.5, and then continued to decline to yesterday's low of 121.1. Currently, SOL shows signs of a pullback.
Technical Analysis
Looking at the 4-hour Bollinger Bands, the three lines are moving downward, corresponding prices: 122.1-127.5-132.9, the market is fluctuating upwards. The current market has broken through the lower track but has not touched the ma5 moving average, and the market is still fluctuating upwards. The MA moving average is currently maintaining a downward trend in the short term. The MACD indicator has formed a dead cross below the 0 axis, and the fast line has already moved below the slow line, while the slow line is still below the 0 axis, indicating that bearish momentum is gradually increasing. The two lines on the hourly chart are gradually parallel, and bearish momentum is gradually decreasing.
The RSI indicator on the 4-hour chart shows both lines in the normal trading area, with dual line values of 33 and 16, both lines trending downward. On the hourly chart during the overbought trading phase, the fast line is flat, and the slow line is rising.
#巨鲸动向