SOL, DASH Trend and Suggestions
SOL:
Daily Chart
Currently hovering around 200~205.
MA(25) and MA(99) are moving upwards, and the long-term trend is still bullish.
MACD bullish momentum is still there, but there are signs of weakening.
4-hour Chart
After falling back from the high of 213.66, it is currently supported near MA(25) (around 200).
The short-term moving average MA(7) and MA(25) have a tendency to stick together, indicating that the short-term direction is still being chosen.
1-hour Chart
Falling back from 212.11, MACD is in a dead cross state, and short-term pressure is under pressure.
The 200 integer mark is a key support. If it falls below, it may continue to fall back to the 191~196 area.
DASH:
1. Daily chart
Starting from the low of 19.74, the highest impact was 23.86, and it is currently fluctuating around 23.5.
MA(7), MA(25), and MA(99) are arranged in a bullish pattern, and the trend is strong.
2. 4-hour chart
After the high of 23.86, there was a slight correction, but the price stabilized above 23.
Although the MACD volume decreased, it remained above the zero axis, indicating that the bulls are still there.
3. 1-hour chart
Building support around 23, the volume is not large, and it is in a period of consolidation.
The short-term moving average has good support. If it breaks through 23.9~24 with large volume, it may usher in a new wave of rise.
Overall summary
SOL:
The medium-term trend is bullish, but the short-term trend fluctuates around 200. It is recommended to hold a light position and wait for the direction to be selected.
Aggressive Long: Go long with a small position near 200, targeting 212-216. Increase your position if it holds above 216, aiming for 230+. Set a stop-loss below 196.
Short Opportunity: If it falls below 200, try shorting, targeting 191-175.
DASH:
The trend is relatively strong, with more stable short-term support, making it suitable for buying on dips.
Primarily around 22.88.
If it holds, go long, targeting 25-28, with strong resistance at 26.
If it doesn't hold, go short. Target 21.5, with strong support at 21.
If it breaks above 24 with large volume, increase your position, targeting around 26.
For trading advice, continue to monitor BTC and ETH. Even if altcoins are strong, wait for the major and minor players to stabilize.