SOLANA - SOL/USD - 1H - Technical analysis published on 10/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 142.27 USD
My targets
152.25 USD (+3.68%)
158.52 USD (+7.95%)
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 142.27 USD. The next resistance located at 152.25 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 158.52 USD. After this resistance, buyers could then target 185.50 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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This analysis was given by OzO. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SOLANA - SOL/USD rating 146.85 USD. On the day, this instrument gained +0.94% and was traded between 144.68 USD and 147.34 USD over the period. The price is currently at +1.50% from its lowest and -0.33% from its highest.144.68
147.34
146.85
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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SOLANA - SOL/USD in 1H 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 137.68 | 142.27 | 146.58 | 146.85 | 152.25 | 158.52 | 185.50 |
| Change (%) | -6.24% | -3.12% | -0.18% | - | +3.68% | +7.95% | +26.32% |
| Change | -9.17 | -4.58 | -0.27 | - | +5.40 | +11.67 | +38.65 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 132.56 | 135.59 | 140.53 | 143.56 | 148.50 | 151.53 | 156.47 |
| Camarilla | 143.29 | 144.02 | 144.75 | 145.48 | 146.21 | 146.94 | 147.67 |
| Woodie | 133.53 | 136.07 | 141.50 | 144.04 | 149.47 | 152.01 | 157.44 |
| Fibonacci | 135.59 | 138.63 | 140.51 | 143.56 | 146.60 | 148.48 | 151.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.32 | 117.23 | 129.92 | 145.83 | 158.52 | 174.43 | 187.12 |
| Camarilla | 134.75 | 137.37 | 139.99 | 142.61 | 145.23 | 147.85 | 150.48 |
| Woodie | 99.71 | 116.43 | 128.31 | 145.03 | 156.91 | 173.63 | 185.51 |
| Fibonacci | 117.23 | 128.16 | 134.91 | 145.83 | 156.76 | 163.51 | 174.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.06 | 103.82 | 128.21 | 144.97 | 169.36 | 186.12 | 210.51 |
| Camarilla | 141.27 | 145.05 | 148.82 | 152.59 | 156.36 | 160.13 | 163.91 |
| Woodie | 90.87 | 105.73 | 132.02 | 146.88 | 173.17 | 188.03 | 214.32 |
| Fibonacci | 103.82 | 119.54 | 129.25 | 144.97 | 160.69 | 170.40 | 186.12 |
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): | 59.92 | |
| MACD (12,26,9): | 0.7400 | |
| Directional Movement: | 9.33 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 147.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 145.53 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 144.40 | |
| Zig ZAG (10): | 146.86 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 68.07 | |
| TEMA (21): | 146.96 | |
| Williams %R (14): | -23.35 | |
| Chande Momentum Oscillator (20): | 1.21 | |
| Repulse (5,40,3): | 0.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 1.48 |
| MA7: | 143.47 | |
| MA20: | 146.94 | |
| MA50: | 141.69 | |
| MA100: | 147.95 | |
| MAexp7: | 146.64 | |
| MAexp20: | 146.09 | |
| MAexp50: | 144.54 | |
| MAexp100: | 143.58 | |
| Price / MA7: | +2.36% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | +3.64% | |
| Price / MA100: | -0.74% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.52% | |
| Price / MAexp50: | +1.60% | |
| Price / MAexp100: | +2.28% |
Quotes :
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Real time data
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