SOLANA - SOL/USD - 15 min. - Technical analysis published on 04/05/2024 (GMT)
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- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 179.52 USD
My targets
169.59 USD (-2.74%)
148.46 USD (-14.86%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 179.52 USD remains possible. It is advisable to trade SOLANA - SOL/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 179.52 USD. The next bearish objective for sellers is set at 169.59 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 148.46 USD. In case of crossing, the next objective would be the support located at 120.96 USD. PS: if there is a bullish break in the resistance located at 179.52 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.5
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Additional analysis
Quotes
The SOLANA - SOL/USD rating is 174.37 USD. The price is lower by -5.28% since the last closing with the lowest point at 168.04 USD and the highest point at 185.13 USD. The deviation from the price is +3.77% for the low point and -5.81% for the high point.168.04
185.13
174.37
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 15 min. chart of SOLANA - SOL/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 101.01 | 120.96 | 171.74 | 174.37 | 175.95 | 180.32 | 187.04 |
| Change (%) | -42.07% | -30.63% | -1.51% | - | +0.91% | +3.41% | +7.27% |
| Change | -73.36 | -53.41 | -2.63 | - | +1.58 | +5.95 | +12.67 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 169.59 | 174.95 | 179.52 | 184.88 | 189.45 | 194.81 | 199.38 |
| Camarilla | 181.35 | 182.26 | 183.17 | 184.08 | 184.99 | 185.90 | 186.81 |
| Woodie | 169.19 | 174.75 | 179.12 | 184.68 | 189.05 | 194.61 | 198.98 |
| Fibonacci | 174.95 | 178.75 | 181.09 | 184.88 | 188.68 | 191.02 | 194.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 148.46 | 159.95 | 177.12 | 188.61 | 205.78 | 217.27 | 234.44 |
| Camarilla | 186.41 | 189.04 | 191.66 | 194.29 | 196.92 | 199.54 | 202.17 |
| Woodie | 151.30 | 161.37 | 179.96 | 190.03 | 208.62 | 218.69 | 237.28 |
| Fibonacci | 159.95 | 170.90 | 177.66 | 188.61 | 199.56 | 206.32 | 217.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.36 | 70.95 | 136.76 | 173.35 | 239.16 | 275.75 | 341.56 |
| Camarilla | 174.41 | 183.80 | 193.18 | 202.57 | 211.96 | 221.34 | 230.73 |
| Woodie | 48.97 | 78.26 | 151.37 | 180.66 | 253.77 | 283.06 | 356.17 |
| Fibonacci | 70.95 | 110.07 | 134.23 | 173.35 | 212.47 | 236.63 | 275.75 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.31 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -3.19 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 172.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 169.69 | |
| Elder Ray (13): | 1.71 | |
| Super Trend (3,10): | 169.75 | |
| Zig ZAG (10): | 174.30 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 97.16 | |
| TEMA (21): | 173.81 | |
| Williams %R (14): | -0.13 | |
| Chande Momentum Oscillator (20): | 3.41 | |
| Repulse (5,40,3): | 2.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 2.03 |
| MA7: | 187.90 | |
| MA20: | 186.63 | |
| MA50: | 152.51 | |
| MA100: | 125.80 | |
| MAexp7: | 174.32 | |
| MAexp20: | 173.18 | |
| MAexp50: | 175.23 | |
| MAexp100: | 178.32 | |
| Price / MA7: | -7.20% | |
| Price / MA20: | -6.57% | |
| Price / MA50: | +14.33% | |
| Price / MA100: | +38.61% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.69% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -2.22% |
Quotes :
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Real time data
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