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Key tools for volatility analysis
During the webinar, we discussed four educational articles that have recently appeared on Bitcoin.pl, focusing on specific indicators that help tame market volatility:
1. 52-Week High/Low
It is one of the simplest and most effective tools for setting long-term market frameworks.
- How does it work? This indicator creates a natural price channel. Breaking the 52-week high is a strong bull signal, while losing the one-year low is a strong bear market signal.
- Conclusions: Currently, Solana is roughly in the middle of this wide range, which suggests that the key battle is to maintain the growth structure and attack further resistance zones.
2. ADX (Average Directional Index) – Trend strength
ADX is an indicator that does not tell us which direction the price is going, but how strong this movement is.
- Warning for bulls in Solana: While analyzing 15-minute intervals, we noticed an interesting anomaly. Even though the SOL price was rising, the ADX index was recording lower and lower highs. This is a classic divergencesuggesting a weakening growth momentum. For traders, this is a signal to be careful when approaching resistance zones, as the “fuel” for further increases may be running out.
3. Bollinger Bands
We discussed, among other things, the strategy of “catching breakouts” after periods of consolidation.
- Squeeze: When the bands move closer together (reducing variability), it is usually the calm before the storm, heralding dynamic movement.
- Strategy: Mateusz suggests avoiding playing inside a narrow channel (which is risky for beginners) and joining the movement after a breakout from the “squeeze”, using the middle band as support for the trend.
Solana Analysis (SOL) – what next?
Using the SOL/USDT chart as an example, we showed how to combine these tools. Solana was approaching a significant resistance zone (approx. USD 165-175). Although the short-term trend was up, the mentioned divergence on ADX suggested the risk of a correction or a bull trap.
For long-term investors, it is crucial to observe the level of USD 95 (as the lower limit of the structure) and the price behavior at historical highs.
Competition with Bitget – don’t miss the prizes!
Live was also an opportunity to remind the community about the ongoing competition.
- 🎁 Physical rewards: Points are collected for activity (reporting attendance at webinars and articles), which can be exchanged for gadgets and merch from Bitget.
- 🪂 Airdrop BGB: New users who, in addition to registering their presence, register on Bitget will pay at least USD 100 and make a transaction, they can count on a bonus in BGB tokens.
We invite you to the next weekly market analyzes every Wednesday at 7:00 p.m. on Bitcoin.pl channels!
Watch the full live recording on our X:
