Solana (SOL) - May 4

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(SOLUSDT 1W Chart)
105.89 or higher: Expected to create a new wave.


(1D chart)
Resistance: 101.73-105.89

Support: 84.57-9134

A break below 84.57 is expected to turn into a downtrend.

However, it may touch the uptrend line and move higher, so you should think about how to respond.

Therefore, I think it is a good idea to buy after seeing the transition to an uptrend.

(buy)
- After confirming the support in 105.89

(Stop Loss)
- When it falls below 101.73 and receives resistance
- When it falls below 84.57

(Sell)
- When resistance is received in the section 126.87-132.14
- When receiving resistance in the range 152.76-169.99

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of 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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