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Hold8
@Square-Creator-4d8132551
小韭菜一枚，被安银坑了500多个，一夜返贫。在币安从新开始。希望实现目标。
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When will it stabilize? Sol is really garbage.
$SOL
Asso has been relatively weak recently
But there are signs of a bottoming out on the daily chart
Also pay attention to this support level
Asso has been relatively weak recently
But there are signs of a bottoming out on the daily chart
Also pay attention to this support level
See original
When can it stabilize?
The current trend of sol is ambiguous, and taking short positions while looking long is one of the operational methods that can be adopted.
From the daily chart, the price is in an oversold range, with the lows over the past three days around 177, indicating that there is support here. However, the market has not formed a bottom structure or shown significant upward momentum. It is recommended to wait for the price to further set new lows or achieve a local breakout before attempting to seize a rebound.
From the 1H to 4H range, in the past 50 hours, the price has been undergoing a contraction repair after three horizontal movements on the hourly chart, and is currently nearing the end. However, locally, it has not formed a bottoming pattern, and there is significant uncertainty for those entering the market rashly. The main approach is to participate in the aforementioned mode of looking long while taking short positions.
From the daily chart, the price is in an oversold range, with the lows over the past three days around 177, indicating that there is support here. However, the market has not formed a bottom structure or shown significant upward momentum. It is recommended to wait for the price to further set new lows or achieve a local breakout before attempting to seize a rebound.
From the 1H to 4H range, in the past 50 hours, the price has been undergoing a contraction repair after three horizontal movements on the hourly chart, and is currently nearing the end. However, locally, it has not formed a bottoming pattern, and there is significant uncertainty for those entering the market rashly. The main approach is to participate in the aforementioned mode of looking long while taking short positions.
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Unending decline, isn't it?
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Yekoikoi
--
Bearish
This is the reason I don't go on the left side,
quite a few friends jumped in directly at over 200,
but the so-called 'support' directly breaks down.
quite a few friends jumped in directly at over 200,
but the so-called 'support' directly breaks down.
See original
When can it stabilize?
LIVE
Yekoikoi
--
Bearish
This is the reason I don't go on the left side,
quite a few friends jumped in directly at over 200,
but the so-called 'support' directly breaks down.
quite a few friends jumped in directly at over 200,
but the so-called 'support' directly breaks down.
See original
When can it stabilize?
LIVE
分析师舒琴
--
[Analysis] What will happen to the "slow rise and sharp fall" in the cryptocurrency circle?
It usually occurs in the rebound or trend reversal rising stage, which is a typical bull market wash-out technique.
A coin has finally risen for a few days, and suddenly fell sharply in one day. The rise of a few days is not enough to fall in one day. In this way, most novices and those with poor tolerance will obediently hand over their chips;
After the decline stops and stabilizes, it will start to rise slowly. Generally, the stock price will hit a new high. When it reaches a certain height and there are many follow-up orders, the main funds will repeat the old trick again and kill the car on the way up. Generally, this kind of decline is characterized by fast speed and short time.
Sometimes in just a few days, the market will fall by 5%-10%, and sometimes it will be 15%-20% for a long time; but generally it will be adjusted to the maximum limit with important support lines.
Finally: Do you have anything to say to Powell?
It usually occurs in the rebound or trend reversal rising stage, which is a typical bull market wash-out technique.
A coin has finally risen for a few days, and suddenly fell sharply in one day. The rise of a few days is not enough to fall in one day. In this way, most novices and those with poor tolerance will obediently hand over their chips;
After the decline stops and stabilizes, it will start to rise slowly. Generally, the stock price will hit a new high. When it reaches a certain height and there are many follow-up orders, the main funds will repeat the old trick again and kill the car on the way up. Generally, this kind of decline is characterized by fast speed and short time.
Sometimes in just a few days, the market will fall by 5%-10%, and sometimes it will be 15%-20% for a long time; but generally it will be adjusted to the maximum limit with important support lines.
Finally: Do you have anything to say to Powell?
See original
Sol is trash, with the largest decline
I've noticed many posts on Square where people are facing significant losses. For instance, traders enter positions with a $3 margin, but their losses spiral to $53 or more. This often happens because they lack proper risk management and fail to close trades when losses are minor. Instead of accepting a small $1 loss, they let their trades bleed, resulting in extreme losses compared to their portfolio size, like $53 or more.
To avoid this, it’s crucial to understand one key principle: profits are never guaranteed, and neither are losses. What truly matters is having a plan and knowing when to exit a trade, whether you're trading $ETH , $BTC , $SOL , or any other asset.
Mastering risk management and setting stop-losses are essential to protect your portfolio. Don’t let small losses turn into major setbacks!
To avoid this, it’s crucial to understand one key principle: profits are never guaranteed, and neither are losses. What truly matters is having a plan and knowing when to exit a trade, whether you're trading $ETH , $BTC , $SOL , or any other asset.
Mastering risk management and setting stop-losses are essential to protect your portfolio. Don’t let small losses turn into major setbacks!
See original
Okay, thank you
With this kind of candle pattern it usually ends up trying to get back to the box.
So, the question is.
Which side are you?
I prefer spot😌
You going long or short?
$SOL
So, the question is.
Which side are you?
I prefer spot😌
You going long or short?
$SOL
See original
Will it rise?
With this kind of candle pattern it usually ends up trying to get back to the box.
So, the question is.
Which side are you?
I prefer spot😌
You going long or short?
$SOL
So, the question is.
Which side are you?
I prefer spot😌
You going long or short?
$SOL
See original
sol is very weak.
$SOL The relative strength index (RSI) signals whether an instrument is considered overbought or oversold based on its recent price action. The RSI is an oscillator that calculates the average price gains and losses over a given period. The default is 14 periods with values bounded from 0 to 100. A reading above 70 suggests an overbought condition, while a reading below 30 is considered oversold, with both potentially signaling a top or a bottom is forming.
Solana is showing two RSI indicators below 30 which means strong selling and it will probably decrease a bit more…
Time to keep an eye instead of buying right now…what do you think?
Solana is showing two RSI indicators below 30 which means strong selling and it will probably decrease a bit more…
Time to keep an eye instead of buying right now…what do you think?
See original
Let's see why Sol is so weak
$PNUT
The older brother has also bought the dip on pnut, but from the data, it seems that there isn't much strength from the bulls involved; it's more of a rebound in conjunction with the market. It's currently hard to determine whether the rebound momentum can continue. In fact, it doesn't look as good as some VC coins, and the overall position hasn't increased much. Some shorts have closed their positions, and some have bought the dip.
From the K-line, pnut has completely broken down; this can only be seen as a rebound. Don't have overly high expectations; the distribution time doesn't look like it's over. Accumulating again at the bottom will also take time. If you are very optimistic about this asset, you can consider a dollar-cost averaging strategy.
Currently, there are no signs of major bull funds entering. Those who bought the dip can wait for a bit; those who haven't bought should temporarily avoid making any moves and look at other assets. It's quite uncomfortable to see it drop here without any profit cushion.
The older brother has also bought the dip on pnut, but from the data, it seems that there isn't much strength from the bulls involved; it's more of a rebound in conjunction with the market. It's currently hard to determine whether the rebound momentum can continue. In fact, it doesn't look as good as some VC coins, and the overall position hasn't increased much. Some shorts have closed their positions, and some have bought the dip.
From the K-line, pnut has completely broken down; this can only be seen as a rebound. Don't have overly high expectations; the distribution time doesn't look like it's over. Accumulating again at the bottom will also take time. If you are very optimistic about this asset, you can consider a dollar-cost averaging strategy.
Currently, there are no signs of major bull funds entering. Those who bought the dip can wait for a bit; those who haven't bought should temporarily avoid making any moves and look at other assets. It's quite uncomfortable to see it drop here without any profit cushion.
See original
Fluctuating endlessly, when will it reach the bottom?
$SOL
SOL Price Analysis: Bearish Pressure, Can Bulls Fight Back?
Brothers, this recent drop in SOL has been quite intense! On December 18, the price fell below the 20-day moving average (223 USD) and directly breached the key support level of 210 USD, with bears showing no mercy!
On December 20, the bears continued to apply pressure, pushing the SOL price below the support line. If the price closes below the support line subsequently, it may have to explore down to the low of 155 USD.
From a technical perspective, the 20-day moving average is sloping downwards, and the RSI is already approaching the oversold area, which clearly indicates that the bears currently have control of the situation. But don't forget, if the bulls successfully fight back and pull the price back above the 20-day moving average, it could bring a bullish signal.
Currently, SOL is firmly suppressed by the bears, but the RSI is close to the oversold zone, indicating that a rebound may not be far away. Brothers, in this kind of market, it’s crucial to stay steady; the positions of support and resistance are key. Don’t impulsively chase trades; let’s wait for the right opportunity to strike with full force!
SOL Price Analysis: Bearish Pressure, Can Bulls Fight Back?
Brothers, this recent drop in SOL has been quite intense! On December 18, the price fell below the 20-day moving average (223 USD) and directly breached the key support level of 210 USD, with bears showing no mercy!
On December 20, the bears continued to apply pressure, pushing the SOL price below the support line. If the price closes below the support line subsequently, it may have to explore down to the low of 155 USD.
From a technical perspective, the 20-day moving average is sloping downwards, and the RSI is already approaching the oversold area, which clearly indicates that the bears currently have control of the situation. But don't forget, if the bulls successfully fight back and pull the price back above the 20-day moving average, it could bring a bullish signal.
Currently, SOL is firmly suppressed by the bears, but the RSI is close to the oversold zone, indicating that a rebound may not be far away. Brothers, in this kind of market, it’s crucial to stay steady; the positions of support and resistance are key. Don’t impulsively chase trades; let’s wait for the right opportunity to strike with full force!
See original
How long will it shake, big shot?
It is estimated that it will be turbulent for a while.
See original
Then why is it still so weak?
Solana Outperforms Bitcoin and Ethereum
According to the latest report published by Glassnode, Solana (SOL), Bitcoin (BTC)$BTC
and managed to attract attention by outperforming major cryptocurrencies such as Ethereum (ETH). Since its bottom in November 2022, SOL’s value has increased significantly. Glassnode’s data highlights the rise in Solana’s capital movements, and shows that this increase is not limited to the price alone. After falling below $9 after the FTX exchange crash, SOL increased by more than 20 times and has recovered and recorded a significant rise.$SOL
and managed to attract attention by outperforming major cryptocurrencies such as Ethereum (ETH). Since its bottom in November 2022, SOL’s value has increased significantly. Glassnode’s data highlights the rise in Solana’s capital movements, and shows that this increase is not limited to the price alone. After falling below $9 after the FTX exchange crash, SOL increased by more than 20 times and has recovered and recorded a significant rise.$SOL
See original
Isn't this the cow flag shape?
$SOL price is back in the channel of falling wedge at present 👀
But never consider this price levels for any long positions 🧐
Must wait for the price to surpasses 206 to 210 for the 100% accurate trade for long positions 👀
tomorrow the prices could retest the lower levels before giving the correct moves 👍🏻
#NAFA #DYOR
But never consider this price levels for any long positions 🧐
Must wait for the price to surpasses 206 to 210 for the 100% accurate trade for long positions 👀
tomorrow the prices could retest the lower levels before giving the correct moves 👍🏻
#NAFA #DYOR
See original
There's nothing, right?
You can scold your boyfriend...
See original
Yeah, let's work hard together
$SOL almost made Sol explode. It turns out that heavy positions are not a good thing.
See original
Me too. I will no longer use high leverage. This feeling is too unbearable.
$SOL almost made Sol explode. It turns out that heavy positions are not a good thing.
See original
Are Ethereum and Sol still going strong? I’m about to get liquidated. This is too torturous.
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See original
Is the bull market coming to an end?
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