SOL has strengthened recently, the upward momentum of the daily level reversal is full, and the trading strategy has a slight advantage over the short. However, there are several important points in the short term: if SOL breaks through 136.5 in the short term, then the high point of the small band will be seen near 141.5, and the price hits 145, which means that it has stood firm at 128 in the short term, and SOL needs to stand firm at 137 in order to test 150, and the "foothold" here is that the price hits 145-147 and steps back to the low above 137.25.

Let's talk about the next trend:
On the daily line, it is already in the 3-day reversal cycle, and if the upper 1-day line of 136.5 is broken strongly, then the short-term trend can determine that the bulls are dominant. Then it enters the 5-day line reversal cycle, and the middle line continues to the weekly level reversal.
The price first stands firm at 137 and looks at 150; Stand firm at 147 and look at 168. Medium-term trend, the highest I see for the time being is 178 (the first two conditions are met at the same time).

SOL-2.51%

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Faniit

· 04-18 13:49

it's time for us to be careful in addressing this because it is still in process

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WhatToBuy,WhatToBuy

· 04-18 09:28

SOL has recently strengthened, with the daily chart showing full upward momentum in the rebound. In terms of trading strategy, long positions have a slight advantage over short positions. However, there are a few important points in the short term: if SOL breaks through 136.5, the small swing trading high could reach around 141.5; and the price needs to hit 145 to confirm stability above 128 in the short term. SOL needs to stabilize above 137 to explore up to 150, where "stabilize" means the price pulls back from 145-147 with a low point higher than 137.25.
Now regarding the trend perspective:
On the daily chart, it is already within the rebound cycle of the 3-day line. If the upper band of the 1-day chart at 136.5 is strongly broken through, then the short-term trend can be determined to shift to long positions as the main focus. This will lead into a 5-day line rebound cycle, as well as a medium-term continuation into the weekly chart's rebound.
For the price, first stabilize above 137, look for 150; stabilize above 147, look for 168. In terms of medium-term trend, the highest I currently see is 178 (while satisfying the first two conditions).

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GoldenDiamondRose

· 04-18 00:10

How to view short-term, make intraday trades

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ColorfulLife