I have been busy in the past few days and have not written any articles. When I traded sol168, it was 168 US dollars. At that time, I predicted that sol had not stopped falling.
And I also mentioned in the article that no matter when the 4-hour closing line is higher than the previous 4-hour, the decline will stop.
Figure 1 is from that day. When I posted it, 168 was a long negative line. The next 4-hour closing line still hit a new low near 162, and closed as a negative line.
Figure 2, but on the third 4-hour K-line, it encountered a strong rebound and received a positive line, and the closing price was higher than the previous 4-hour. So at this time, the stop signal has been given.
These three 4-hour K-lines formed a strong bottom signal. At this time, the warning began to rebound.
I only post articles to share my ideas. Any indicator has a lag, and the market changes at any time. Otherwise, why would there be a 15-minute K-line and an hour-long K-line? 4 hours and daily lines etc?
