1-hour Bollinger Bands opening downward at prices 127, 124, 120; 4-hour Bollinger Band middle line trending downward; 4-hour Bollinger Bands opening narrowing at prices 124, 127, 121; 4-hour Bollinger Band middle line trending upward. MA Moving Averages: In the 1-hour chart, the price is above MA5 and above the middle line. MA5 crosses above MA10 from below. SOL is trending upward without breaking the upper band, and not breaking the middle line downward. In the 4-hour chart, the price is below MA5 and above the lower band. MA5 crosses below MA10 and MA30 from above. SOL is trending upward without breaking the middle line, and not breaking MA5 downward. MACD The 4-hour double lines are below the zero axis, with the fast line crossing below the slow line to form a death cross, indicating increasing bearish momentum. The 1-hour double lines are below the zero axis, forming a golden cross, indicating increasing bullish momentum. RSI Indicator: 1-hour RSI is in the overbought trading zone at 71, 76; 4-hour RSI is in the oversold trading zone at 1, 2. Summary: Range-bound with a slight upward trend. Resistance levels: 126, 128 Support levels: 122, 120 High-altitude Strategy: If the price fails to break above 126 on upward push, establish a short position. Add to the short at 128, with the first take profit at 122 and the second at 120. Low-altitude Strategy: Long at 122, add to long at 120, with the first take profit at 124 and the second at 126.
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SOL Analysis
1-hour Bollinger Bands opening downward at prices 127, 124, 120; 4-hour Bollinger Band middle line trending downward; 4-hour Bollinger Bands opening narrowing at prices 124, 127, 121; 4-hour Bollinger Band middle line trending upward.
MA Moving Averages: In the 1-hour chart, the price is above MA5 and above the middle line. MA5 crosses above MA10 from below. SOL is trending upward without breaking the upper band, and not breaking the middle line downward. In the 4-hour chart, the price is below MA5 and above the lower band. MA5 crosses below MA10 and MA30 from above. SOL is trending upward without breaking the middle line, and not breaking MA5 downward.
MACD
The 4-hour double lines are below the zero axis, with the fast line crossing below the slow line to form a death cross, indicating increasing bearish momentum. The 1-hour double lines are below the zero axis, forming a golden cross, indicating increasing bullish momentum.
RSI Indicator: 1-hour RSI is in the overbought trading zone at 71, 76; 4-hour RSI is in the oversold trading zone at 1, 2.
Summary: Range-bound with a slight upward trend.
Resistance levels: 126, 128
Support levels: 122, 120
High-altitude Strategy: If the price fails to break above 126 on upward push, establish a short position. Add to the short at 128, with the first take profit at 122 and the second at 120.
Low-altitude Strategy: Long at 122, add to long at 120, with the first take profit at 124 and the second at 126.