I think my obsession for Solana is affecting my profit. I just thought it was ready to fly wjen it crosses 173. But it immediately encountered strong resistance. This happened to me twice😭
My goodness, we are two different people. Here I am fighting to get 10 USDt😁😁😁
king_of_the_word_on_crypto
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I have made my life, now I have no dealings with Banas, I have become a rich man now, but I still want to help the poor, whoever wants good signals, as written in the comments, I am in tears of joy.$BTC
$SOL Alright, let's look at your SOL/USDT setup based on the two charts you shared (4h and 1h timeframes):
First, some quick key points from your screenshots:
Price: ~$151.60
24h High/Low: $157.00 / $149.87
RSI (Relative Strength Index): Around 52–53 → neutral, not overbought/oversold.
MACD (Moving Average Convergence Divergence):
4h: MACD still positive but slightly weakening.
1h: MACD almost neutral, slight bearish momentum.
Volume: Decreasing slightly → no major buying pressure right now.
Moving Averages:
4h: Price is sitting near MA(7) and MA(25) → short-term support/resistance.
1h: Price is just below MA(25), above MA(99) → slight short-term weakness but longer-term support nearby.
Trade Planning:
Aspect Analysis Action Plan Trend (4h) Uptrend cooling off (mild pullback). Bullish bias but careful. Trend (1h) Weakening → sideways or small downtrend. Watch for breakout/reversal. Support $150 (psychological & near MA(99)) Good place to buy if bounce. Resistance $157 (24h high), then ~$158 Sell target if buying lower. Entry Idea Wait for bounce above $150 or clear breakout above $153 (MA25 on 1h). Safe entry if price shows strength. Stop Loss Close below $149.50 (below recent low). Limit your downside risk. Take Profit Partial at $155, full around $157–158. Secure profits if price spikes. Summary Recommendation:
Conservative Entry: Buy if SOL bounces off $150 with a bullish candle.
Aggressive Entry: Buy if SOL breaks and holds above $153.
Alright, let's break it down based on 1 hour chart:
Here’s what I see:
Price: $0.8164 (currently down -6.86%)
24h High/Low: 0.9870 / 0.7700 (currently closer to the low)
Indicators:
MA (7): 0.8132
MA (25): 0.8480
MA (99): 0.7757
RSI (6): 46.09 → RSI is neutral (not overbought or oversold).
MACD:
MACD line is below the signal line (DEA), and both are negative → bearish momentum.
Volume: Decent activity, but no big spike indicating huge buyer/seller interest recently.
Potential Plan:
Trend: Short-term downtrend; price is below the 25 MA and hugging the 7 MA closely.
Immediate Support: Around 0.7700 (24h low and close to 99 MA at 0.7757).
Immediate Resistance: Around 0.8480 (25 MA).
Options:
If you're thinking of buying: Safer to wait for a strong bounce near 0.775 or a confirmed breakout above 0.848 with volume. You could also wait for MACD to start turning positive.
If you're thinking of selling: If already holding, could consider selling partials if the price can't reclaim the 25 MA (0.848), or if RSI drops below 40 signaling stronger bearish momentum.
Stop Loss (if buying): Set just below 0.770 (example: 0.765).
Alright, let's break it down based on 1 hour chart:
Here’s what I see:
Price: $0.8164 (currently down -6.86%)
24h High/Low: 0.9870 / 0.7700 (currently closer to the low)
Indicators:
MA (7): 0.8132
MA (25): 0.8480
MA (99): 0.7757
RSI (6): 46.09 → RSI is neutral (not overbought or oversold).
MACD:
MACD line is below the signal line (DEA), and both are negative → bearish momentum.
Volume: Decent activity, but no big spike indicating huge buyer/seller interest recently.
Potential Plan:
Trend: Short-term downtrend; price is below the 25 MA and hugging the 7 MA closely.
Immediate Support: Around 0.7700 (24h low and close to 99 MA at 0.7757).
Immediate Resistance: Around 0.8480 (25 MA).
Options:
If you're thinking of buying: Safer to wait for a strong bounce near 0.775 or a confirmed breakout above 0.848 with volume. You could also wait for MACD to start turning positive.
If you're thinking of selling: If already holding, could consider selling partials if the price can't reclaim the 25 MA (0.848), or if RSI drops below 40 signaling stronger bearish momentum.
Stop Loss (if buying): Set just below 0.770 (example: 0.765).