SOL 12.19 14:13 Technical analysis from the hourly perspective shows that the upper Bollinger Band is trending downward, the middle band is trending downward, and the lower band is flat. The three lines correspond to prices: 128-122-116. Currently, the short- and medium-term moving averages show that MA5 and M10 are rising, while M30 is flat. Trading volume is decreasing. The MACD indicator is currently below the zero line with the fast line and signal line moving upward, indicating weakening bearish momentum. The RSI indicator on the hourly chart is in the normal zone with both lines rising.
From the 4-hour view, the upper Bollinger Band is trending upward, the middle and lower bands are trending downward, with prices at 132-125-119. Currently, the short- and medium-term moving averages MA5, M10, and M30 are declining. Trading volume is decreasing. The MACD indicator is below the zero line with the signal and fast lines crossing and flattening, indicating decreasing bearish momentum. The RSI on the 4-hour chart is in the normal zone with both lines rising. Conclusion: Short-term consolidation with a bias towards upward movement. Range: 116-124. Low-buy strategy: During a pullback that does not break below 121.5, establish long positions. If it breaks below, establish at 120.5, with a stop loss at 118. First take profit: 123.8 Second take profit: 124.5 High-sell strategy: If the price moves upward without breaking and stabilizes above 127, establish short positions. Add to positions at 128, with a stop loss at 129. First take profit: 124 Second take profit: 123
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SOL 12.19 14:13 Technical analysis from the hourly perspective shows that the upper Bollinger Band is trending downward, the middle band is trending downward, and the lower band is flat. The three lines correspond to prices: 128-122-116. Currently, the short- and medium-term moving averages show that MA5 and M10 are rising, while M30 is flat. Trading volume is decreasing. The MACD indicator is currently below the zero line with the fast line and signal line moving upward, indicating weakening bearish momentum. The RSI indicator on the hourly chart is in the normal zone with both lines rising.
From the 4-hour view, the upper Bollinger Band is trending upward, the middle and lower bands are trending downward, with prices at 132-125-119. Currently, the short- and medium-term moving averages MA5, M10, and M30 are declining. Trading volume is decreasing. The MACD indicator is below the zero line with the signal and fast lines crossing and flattening, indicating decreasing bearish momentum. The RSI on the 4-hour chart is in the normal zone with both lines rising.
Conclusion: Short-term consolidation with a bias towards upward movement. Range: 116-124.
Low-buy strategy: During a pullback that does not break below 121.5, establish long positions. If it breaks below, establish at 120.5, with a stop loss at 118.
First take profit: 123.8
Second take profit: 124.5
High-sell strategy: If the price moves upward without breaking and stabilizes above 127, establish short positions. Add to positions at 128, with a stop loss at 129.
First take profit: 124
Second take profit: 123