SOLANA - SOL/USD - 15 min. - Technical analysis published on 04/04/2024 (GMT)
- 150
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 184.73 USD
My targets
192.41 USD (+2.61%)
199.67 USD (+6.48%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SOLANA - SOL/USD as long as the price remains well above 184.73 USD. The buyers' bullish objective is set at 192.41 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 199.67 USD. If there is any crossing, the next objective would be the resistance located at 207.35 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators are opposing the general bullish 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
3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Really. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USD price is 187.52 USD. The price registered an increase of +1.28% on the session and was between 180.32 USD and 189.67 USD. This implies that the price is at +3.99% from its lowest and at -1.13% from its highest.180.32
189.67
187.52
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this SOLANA - SOL/USD chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 179.85 | 183.35 | 187.04 | 187.52 | 191.01 | 193.57 | 200.10 |
| Change (%) | -4.09% | -2.22% | -0.26% | - | +1.86% | +3.23% | +6.71% |
| Change | -7.67 | -4.17 | -0.48 | - | +3.49 | +6.05 | +12.58 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | 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 | 162.53 | 169.79 | 177.47 | 184.73 | 192.41 | 199.67 | 207.35 |
| Camarilla | 181.04 | 182.41 | 183.78 | 185.15 | 186.52 | 187.89 | 189.26 |
| Woodie | 162.74 | 169.90 | 177.68 | 184.84 | 192.62 | 199.78 | 207.56 |
| Fibonacci | 169.79 | 175.50 | 179.02 | 184.73 | 190.44 | 193.96 | 199.67 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.90 | |
| MACD (12,26,9): | 0.4200 | |
| Directional Movement: | 3.85 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 187.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 189.04 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 186.09 | |
| Zig ZAG (10): | 186.90 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 27.04 | |
| TEMA (21): | 187.80 | |
| Williams %R (14): | -84.28 | |
| Chande Momentum Oscillator (20): | -2.13 | |
| Repulse (5,40,3): | -0.6000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.46 |
| MA7: | 190.76 | |
| MA20: | 187.16 | |
| MA50: | 151.36 | |
| MA100: | 125.15 | |
| MAexp7: | 187.33 | |
| MAexp20: | 187.33 | |
| MAexp50: | 186.46 | |
| MAexp100: | 186.07 | |
| Price / MA7: | -1.70% | |
| Price / MA20: | +0.19% | |
| Price / MA50: | +23.89% | |
| Price / MA100: | +49.84% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.78% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis SOLANA - SOL/USD - 15 min.