The weekly line is a positive line with a long upper shadow and a short lower shadow. The weekly line is in the form of three consecutive positive lines, but the length of the positive line's body is getting shorter and shorter, indicating that the upward force has been greatly consumed, and the trading volume is one third less than the previous week.
The weekly MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
This week, the price of SOL hit a record high, and then there was a small decline and pullback.
There is still room for inertia to surge upward at the weekly level in the short term, but it should be noted that since the price has deviated too much from the weekly MA30 line, adjustments are needed. Only after accumulating strength can a larger upward space be opened up.
The daily line is a small negative line with a long lower shadow and a short upper shadow, similar to the shape of a doji. The trading volume is one-third less than the previous day, which is an adjustment trend of shrinking volume and falling.
The daily MA30 line maintains an upward trend, and the MACD shows a weakening upward momentum above the zero axis. The volume column is also getting shorter, and the trading volume has been decreasing since November 12.
The daily line currently maintains an oscillating upward trend. A big positive line is pulled up, and then it oscillates downward with reduced volume and then pulls back, and then another big positive line is pulled up.
It should be noted that after this trend occurs two or three times in a row, a large negative line suddenly appears, indicating a downward trend.
If the price continues to rise in the short term, we should reduce our positions when the price reaches a high.
Daily level pressure level 270-283-300-315, support level 245-221-204.5-195.2
From the hourly level perspective, the current trend is that the 4-hour rebound within the 1-day line rebound is returning to the zero axis, and the 4-hour level rebound has shown a top divergence pattern.
In the short term, you can go long at 235.3 and 228.5, and go short at 260
From the three-day liquidation heat map
The price is going up. There are some large short orders waiting to be liquidated near 260. There are a lot of large and super large short orders waiting to be liquidated in the 264-272 area.
The price is going down. Yesterday's decline cleared a large number of long orders. Currently, there are not many long orders waiting to be cleared.
