SOLANA - SOL/USD - 1H - Technical analysis published on 11/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 59.77 USD
My targets
53.34 USD (-5.13%)
51.56 USD (-8.31%)
My analysis
SOLANA - SOL/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 59.77 USD. The next support located at 53.34 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 51.56 USD. Below this support, sellers could then target 48.67 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by Blackoin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SOLANA - SOL/USD rating 56.23 USD. The price registered a decrease of -3.95% on the session and was between 56.13 USD and 58.60 USD. This implies that the price is at +0.18% from its lowest and at -4.04% from its highest.56.13
58.60
56.23
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SOLANA - SOL/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SOLANA - SOL/USD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 48.67 | 51.56 | 55.98 | 56.23 | 59.77 | 61.99 | 63.95 |
| Change (%) | -13.44% | -8.31% | -0.44% | - | +6.30% | +10.24% | +13.73% |
| Change | -7.56 | -4.67 | -0.25 | - | +3.54 | +5.76 | +7.72 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.49 | 51.30 | 54.92 | 57.73 | 61.35 | 64.16 | 67.78 |
| Camarilla | 56.77 | 57.36 | 57.95 | 58.54 | 59.13 | 59.72 | 60.31 |
| Woodie | 48.90 | 51.50 | 55.33 | 57.93 | 61.76 | 64.36 | 68.19 |
| Fibonacci | 51.30 | 53.76 | 55.27 | 57.73 | 60.19 | 61.70 | 64.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.46 | 29.08 | 42.72 | 53.34 | 66.98 | 77.60 | 91.24 |
| Camarilla | 49.68 | 51.90 | 54.13 | 56.35 | 58.57 | 60.80 | 63.02 |
| Woodie | 19.96 | 29.84 | 44.22 | 54.10 | 68.48 | 78.36 | 92.74 |
| Fibonacci | 29.08 | 38.35 | 44.08 | 53.34 | 62.61 | 68.34 | 77.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.06 | 15.00 | 26.72 | 32.66 | 44.38 | 50.32 | 62.04 |
| Camarilla | 33.58 | 35.20 | 36.82 | 38.44 | 40.06 | 41.68 | 43.30 |
| Woodie | 11.95 | 16.45 | 29.61 | 34.11 | 47.27 | 51.77 | 64.93 |
| Fibonacci | 15.00 | 21.75 | 25.91 | 32.66 | 39.41 | 43.57 | 50.32 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.50 | |
| MACD (12,26,9): | -0.6400 | |
| Directional Movement: | -9.56 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 56.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.27 | |
| Elder Ray (13): | -0.55 | |
| Super Trend (3,10): | 60.11 | |
| Zig ZAG (10): | 56.76 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 44.22 | |
| TEMA (21): | 56.86 | |
| Williams %R (14): | -63.05 | |
| Chande Momentum Oscillator (20): | -1.82 | |
| Repulse (5,40,3): | -1.4600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 0.90 |
| MA7: | 57.60 | |
| MA20: | 48.40 | |
| MA50: | 34.69 | |
| MA100: | 27.56 | |
| MAexp7: | 57.08 | |
| MAexp20: | 57.68 | |
| MAexp50: | 58.81 | |
| MAexp100: | 58.65 | |
| Price / MA7: | -2.38% | |
| Price / MA20: | +16.18% | |
| Price / MA50: | +62.09% | |
| Price / MA100: | +104.03% | |
| Price / MAexp7: | -1.49% | |
| Price / MAexp20: | -2.51% | |
| Price / MAexp50: | -4.39% | |
| Price / MAexp100: | -4.13% |
Quotes :
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Real time data
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