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December 23 sol analysis
Looking back at yesterday's review, the overall trend of sol has shown relatively strong performance compared to BTC. After hitting the resistance at 130 and failing to break through, it fell back to a low of 124, then rebounded all the way up to 126 this morning.
sol analysis
The 4-hour Bollinger Bands show three parallel lines corresponding to prices of 127, 125, and 124. The middle band of the 4-hour Bollinger Bands is trending upwards. The 1-hour Bollinger Bands show three parallel lines corresponding to prices of 128, 126, and 124, with the middle band of the 1-hour Bollinger Bands trending parallel.
MA moving average: On the 1-hour chart, the price is above ma5 and below the upper boundary, ma5 crosses ma10 from below, sol does not break the upper boundary upwards, and does not break ma5 downwards. On the 4-hour chart, the price is above the middle line, below ma5, ma5 crosses ma10 and ma30 from below, and the middle line does not break downwards or upwards.
MACD
The 1-hour dual lines are below the 0 axis, with the fast line crossing downwards through the slow line, forming a death cross, and the bullish volume decreasing. The 4-hour dual lines are above the 0 axis, forming a golden cross, with the bearish volume decreasing.
RSI Indicator: 4-hour in the oversold trading range 20, 43, 1-hour RSI in the normal trading range corresponds to 54, 48
Summary: Bull Market
Resistance levels: 128, 130
Support levels: 124, 122
High-altitude strategy: If it does not break 128 on the way up, a short position can be established, and 130 can be used to add to the position.
Long position strategy: Add to long positions at 124 and 122.