From the 1-hour SOL indicators, the Bollinger Bands are opening downward, corresponding to the 145-138 range. The middle band is trending upward with a corresponding price of 141.5, and SOL's current price is 139.8.
Moving Average Indicators: - MA5 is trending downward with a corresponding price of 139.2. - MA10 is trending downward with a corresponding price of 140.1. - 30-day MA is trending downward with a corresponding price of 142.5. - 60-day MA is trending upward with a corresponding price of 141.4. - 120-day MA is trending upward with a corresponding price of 135.9. - 240-day MA is trending upward with a corresponding price of 137.4. - 360-day MA is flat with a corresponding price of 135.5.
MACD: Located below the 0 axis. The slow line is above the fast line, indicating a bullish crossover.
RSI: 26-17, entering the oversold phase.
Resistance above: 141.4, 144.2 Support below: 137.8, 136.5
SOL Direction: After a pullback, SOL just touched the 1-hour MA10 and retraced.
Summary: Short strategy: Open initial short position at 141.4, add at 144.2. Long strategy: Open initial long position at 137.8, add at 136.1. First take profit for shorts: 137.8, second: 136.1. First take profit for longs: 141.4, second: 144.2.
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From the 1-hour SOL indicators, the Bollinger Bands are opening downward, corresponding to the 145-138 range. The middle band is trending upward with a corresponding price of 141.5, and SOL's current price is 139.8.
Moving Average Indicators:
- MA5 is trending downward with a corresponding price of 139.2.
- MA10 is trending downward with a corresponding price of 140.1.
- 30-day MA is trending downward with a corresponding price of 142.5.
- 60-day MA is trending upward with a corresponding price of 141.4.
- 120-day MA is trending upward with a corresponding price of 135.9.
- 240-day MA is trending upward with a corresponding price of 137.4.
- 360-day MA is flat with a corresponding price of 135.5.
MACD: Located below the 0 axis. The slow line is above the fast line, indicating a bullish crossover.
RSI: 26-17, entering the oversold phase.
Resistance above: 141.4, 144.2
Support below: 137.8, 136.5
SOL Direction: After a pullback, SOL just touched the 1-hour MA10 and retraced.
Summary:
Short strategy: Open initial short position at 141.4, add at 144.2.
Long strategy: Open initial long position at 137.8, add at 136.1.
First take profit for shorts: 137.8, second: 136.1.
First take profit for longs: 141.4, second: 144.2.