December 22nd SOL analysis


Looking back at yesterday's review, SOL experienced a fluctuating market over the weekend, followed by a wave of decline on Sunday night. After failing to break through the resistance at 127, it dropped back to a low of 123, then rebounded, reaching a high of 126 this morning.
sol analysis
The 4-hour Bollinger Bands open and close correspond to prices 128, 125, 131, with the middle line of the 4-hour Bollinger Bands trending upwards. The 1-hour Bollinger Bands show an opening and closing of three lines, corresponding to prices 16, 125, 124, with the middle line of the 1-hour Bollinger Bands trending upwards.
MA Moving Average: The price on the 4-hour chart is above ma5 and below the upper band. ma5 crosses above ma10, the middle band, ma30 from below, and sol does not break the upper band upwards, and does not break the middle band downwards. On the 1-hour chart, the price is above the upper band and above ma5, ma5 crosses above ma10, ma30, the middle band, ma60, and ma120 from below, and does not break the lower band downwards, and does not break ma5 downwards.
MACD
The 1-hour dual lines are below the 0 axis, with the fast line crossing the slow line from below to form a golden cross, indicating increased bullish momentum. The 4-hour dual lines form a golden cross below the 0 axis, with an increase in bullish momentum.
RSI Indicator: 4-hour in the overbought trading range 80, 51, 1-hour RSI in the overbought range corresponding to 100, 88
Summary: Bull Market
Resistance levels: 128, 130
Support levels: 124, 122
High-altitude strategy: If it does not break 128 on the upward push, a short position can be established, and 130 can be used to add to the position.
Long position averaging strategy: 124 long position, 122 long position additional purchase.
SOL3,27%
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