By "following", you can always get new information quickly. Please also click "Boost". Have a good day.
-------------------------------------
(SOLUSDT 1W Chart) The key is whether you can support and rise in the 28.47-37.55 section.
(1D chart) Resistance: 42.20-46.85
You need to check if you can get support and climb in the 28.47-37.55 section.
In particular, we should see support at 31.81 and see if we can move higher.
Even if it rises above 37.55, if it does not break above the resistance section of 42.20-46.85, it may lead to further declines, so you need to be careful.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(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.)
---------------------------------
Comment
⋅
(SOLBTC 1W chart) The key is whether you can move along the uptrend line while holding the price at or above the 0.0015928-0.0016623 range.
Otherwise, it is expected to decline to around 0.0011394.
The interval 0.0008297-0.0015928 is an important interval.
Therefore, if it falls in the range of 0.0008297-0.0015928, it is expected to enter the mid- to long-term investment area.
@SwallowPremium, SOL believes that it is good to proceed with the transaction in the direction of recovering the principal as much as possible and increasing the number of coins corresponding to the profit until the issue of the blockchain network is resolved.
Otherwise, it will not be able to outperform ETH and users will leave SOL.
SwallowPremium
⋅
@readCrypto, Yes thats true as well. We love so much the work you put behind every one of your analysis!! Keep it up! We read them with most interest.
SOL has a good purpose in NFT but how long will it take them to get back in line? With ETH merge and ETH being main coin used for NFT the SOL might not survive but again it will all depend on actions of traders and users of SOL as well.