SOLANA - SOL/USD - 15 min. - Technical analysis published on 03/15/2024 (GMT)
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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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 180.50 USD
My targets
190.54 USD (+3.27%)
202.78 USD (+9.90%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOLANA - SOL/USD as long as the price remains well above 180.50 USD. The buyers' bullish objective is set at 190.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 202.78 USD. If there is any crossing, the next objective would be the resistance located at 258.64 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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Additional analysis
Quotes
SOLANA - SOL/USD rating 184.51 USD. The price has increased by +4.50% since the last closing with the lowest point at 164.53 USD and the highest point at 188.90 USD. The deviation from the price is +12.14% for the low point and -2.32% for the high point.164.53
188.90
184.51
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 149.54 | 163.73 | 174.13 | 184.51 | 191.01 | 258.64 |
| Change (%) | -18.95% | -11.26% | -5.63% | - | +3.52% | +40.18% |
| Change | -34.97 | -20.78 | -10.38 | - | +6.50 | +74.13 |
| 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): | 58.97 | |
| MACD (12,26,9): | 0.3800 | |
| Directional Movement: | 2.80 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 181.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 175.08 | |
| Elder Ray (13): | 2.32 | |
| Super Trend (3,10): | 185.15 | |
| Zig ZAG (10): | 183.16 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 62.46 | |
| TEMA (21): | 180.96 | |
| Williams %R (14): | -30.19 | |
| Chande Momentum Oscillator (20): | 3.24 | |
| Repulse (5,40,3): | 1.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 3.86 |
| MA7: | 158.92 | |
| MA20: | 137.45 | |
| MA50: | 117.20 | |
| MA100: | 104.39 | |
| MAexp7: | 181.57 | |
| MAexp20: | 181.13 | |
| MAexp50: | 179.70 | |
| MAexp100: | 177.06 | |
| Price / MA7: | +16.10% | |
| Price / MA20: | +34.24% | |
| Price / MA50: | +57.43% | |
| Price / MA100: | +76.75% | |
| Price / MAexp7: | +1.62% | |
| Price / MAexp20: | +1.87% | |
| Price / MAexp50: | +2.68% | |
| Price / MAexp100: | +4.21% |
Quotes :
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Real time data
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