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Solana (SOL) - April 18

BINANCE:SOLUSDT   SOL / TetherUS
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(SOLUSDT 1W Chart)
It is important to have support near 105.89.

The section below 46.85-58.38 is highly likely to enter the mid- to long-term investment area.



(1D chart)
(buy)
- After confirming the support in 105.89

(Stop Loss)
- When it falls below 101.73 and receives resistance

(Sell)
- When resistance is received in the section 126.87-132.14
- When receiving resistance near 152.76

It is possible to buy when it is supported and rises in the 84.57-91.34 section, but an appropriate response is required in the 101.73-105.89 section.

In the section 126.87-132.14, there is a possibility of whipsaw, so careful trading is required.

If it rises above 169.99, a sharp move is expected.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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