Solana (SOL) - May 17

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(SOLUSDT 1W Chart)
Resistance: 84.57-105.89
Support: 46.85-58.38

It is important to see support by rising above 58.38.

So, we need to see if it rises above 58.38.


(1D chart)
If possible, I think it is good to proceed with trading when it rises above the 72.78-84.57 section.

However, since there is a resistance section in the 101.73-105.89 section, careful trading is required.

(buy)
- After confirming the support at 84.57

(Stop Loss)
- When it falls below 72.78

(Sell)
- When receiving resistance near 105.89
- When receiving resistance near 152.76


(buy)
- After confirming the support at 58.38

(Stop Loss)
- When it falls below 46.85 and receives resistance

(Sell)
- When resistance is received in the 72.78-84.57 section
- When receiving resistance near 105.89

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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