Yueying: The popular altcoin SOL is in a precarious position, with short-term strategies for ADA and DOT.



I am Zhou Yueying, and let's see today's sharing!

SOL Technical Analysis————

The daily chart for SOL shows a five-day consecutive decline, currently operating above the lower band. The Bollinger Bands are in a flat state, with short-term moving averages turning downwards. The MACD fast and slow lines are crossing downwards with increasing volume, and the KDJ continues to trend downwards, paying attention to the support around the 0 value. The four-hour candlestick is in a fluctuating downward structure, currently testing the lower band support. In the short term, watch for support at the psychological level of 200; if it breaks, focus on 193. The short-term resistance is at 210, and then at 215. Consider resistance and support levels for short-term entries.

ADA Technical Analysis————

The daily chart for ADA shows that although the previous candle closed bullish, it did not continue to test the lower support of the opening. The Bollinger Bands are slightly opening, and the short-term moving averages are turning downward. The MACD has crossed downwards and broken through the O-axis with increasing volume, while the KDJ is extending downwards. On the four-hour chart, it is again testing the low point near the pin; currently, it is temporarily supported at the lower band. In the short term, continue to pay attention to the support around the previous low of 0.78. If it breaks, the market will continue to focus on the support around 0.72. The short-term resistance above is around 0.81-0.82, and for short-term trading, you can refer to the support and resistance for entry.

DOT Technical Analysis ————

The daily chart of DOT is currently testing the support above the lower boundary. The short-term moving averages are turning downwards, the MACD fast and slow lines are crossing downwards with increasing volume, and the KDJ is extending downwards. Overall, the candlestick pattern is operating within a large range, with short-term support at 3.8, followed by 3.69. The resistance above is at 4.1, followed by 4.25. Short-term traders should refer to the support and resistance levels for entry.

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn to operate with me! See you next time.
SOL-2.89%
ASTER-16.58%
XRP-2.69%
ETH-1.54%
BTC-0.76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)