SOLANA - SOL/USD - 15 min. - Technical analysis published on 03/15/2024 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 180.50 USD
My targets
183.55 USD (+1.03%)
190.54 USD (+4.88%)
My analysis
SOLANA - SOL/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 180.50 USD. The next resistance located at 183.55 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 190.54 USD. After this resistance, buyers could then target 202.78 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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Additional analysis
Quotes
SOLANA - SOL/USD rating 181.68 USD. The price has increased by +2.90% since the last closing and was traded between 164.53 USD and 186.62 USD over the period. The price is currently at +10.42% from its lowest and -2.65% from its highest.164.53
186.62
181.68
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
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SOLANA - SOL/USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 8 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 149.54 | 163.73 | 174.13 | 181.68 | 191.01 | 258.64 |
| Change (%) | -17.69% | -9.88% | -4.16% | - | +5.14% | +42.36% |
| Change | -32.14 | -17.95 | -7.55 | - | +9.33 | +76.96 |
| Level | Intermediate | Minor | Minor | - | Minor | Major |
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 | 145.09 | 152.08 | 164.32 | 171.31 | 183.55 | 190.54 | 202.78 |
| Camarilla | 171.27 | 173.04 | 174.80 | 176.56 | 178.32 | 180.09 | 181.85 |
| Woodie | 147.72 | 153.39 | 166.95 | 172.62 | 186.18 | 191.85 | 205.41 |
| Fibonacci | 152.08 | 159.43 | 163.96 | 171.31 | 178.66 | 183.19 | 190.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.53 | 89.54 | 117.01 | 135.02 | 162.49 | 180.50 | 207.97 |
| Camarilla | 131.98 | 136.15 | 140.32 | 144.49 | 148.66 | 152.83 | 157.00 |
| Woodie | 76.27 | 91.91 | 121.75 | 137.39 | 167.23 | 182.87 | 212.71 |
| Fibonacci | 89.54 | 106.91 | 117.64 | 135.02 | 152.39 | 163.12 | 180.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.17 | 76.08 | 100.88 | 117.79 | 142.59 | 159.50 | 184.30 |
| Camarilla | 114.21 | 118.03 | 121.86 | 125.68 | 129.50 | 133.33 | 137.15 |
| Woodie | 63.12 | 78.05 | 104.83 | 119.76 | 146.54 | 161.47 | 188.25 |
| Fibonacci | 76.08 | 92.01 | 101.86 | 117.79 | 133.72 | 143.57 | 159.50 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.94 | |
| MACD (12,26,9): | 1.6800 | |
| Directional Movement: | 2.86 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 182.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 183.78 | |
| Elder Ray (13): | 0.59 | |
| Super Trend (3,10): | 175.10 | |
| Zig ZAG (10): | 181.51 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 50.00 | |
| TEMA (21): | 182.96 | |
| Williams %R (14): | -45.54 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | 0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 1.34 |
| MA7: | 158.79 | |
| MA20: | 137.33 | |
| MA50: | 117.16 | |
| MA100: | 104.37 | |
| MAexp7: | 181.48 | |
| MAexp20: | 180.01 | |
| MAexp50: | 177.43 | |
| MAexp100: | 174.77 | |
| Price / MA7: | +14.42% | |
| Price / MA20: | +32.29% | |
| Price / MA50: | +55.07% | |
| Price / MA100: | +74.07% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.93% | |
| Price / MAexp50: | +2.40% | |
| Price / MAexp100: | +3.95% |
Quotes :
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Real time data
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