SOLANA - SOL/USD
SOLANA - SOL/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SOLUSD
ISIN:

SOLANA - SOL/USD - 1H - Technical analysis published on 10/23/2024 (GMT)

  • 63
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
33%
22%
44%
My opinion
Neutral between 158.52 USD and 168.12 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 168.12 USD. The first support is located at 158.52 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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 OzO. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SOLANA - SOL/USD price is 166.25 USD. On the day, this instrument lost -0.74% and was traded between 164.01 USD and 169.30 USD over the period. The price is currently at +1.37% from its lowest and -1.80% from its highest.

164.01
169.30
166.25

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SOLANA - SOL/USD:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this SOLANA - SOL/USD chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 153.70 158.52 165.91 166.25 168.12 171.58 173.54
Change (%) -7.55% -4.65% -0.20% - +1.12% +3.21% +4.38%
Change -12.55 -7.73 -0.34 - +1.87 +5.33 +7.29
Level Intermediate Intermediate Minor - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard155.51159.27163.38167.14171.25175.01179.12
Camarilla165.33166.05166.77167.49168.21168.93169.65
Woodie155.69159.36163.56167.23171.43175.10179.30
Fibonacci159.27162.28164.13167.14170.15172.00175.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard134.29139.41149.53154.65164.77169.89180.01
Camarilla155.47156.87158.26159.66161.06162.45163.85
Woodie136.80140.66152.04155.90167.28171.14182.52
Fibonacci139.41145.23148.83154.65160.47164.07169.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.06103.82128.21144.97169.36186.12210.51
Camarilla141.27145.05148.82152.59156.36160.13163.91
Woodie90.87105.73132.02146.88173.17188.03214.32
Fibonacci103.82119.54129.25144.97160.69170.40186.12

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): 47.28
MACD (12,26,9): -0.0300
Directional Movement: -1.89
AROON (14): 28.57
DEMA (21): 166.40
Parabolic SAR (0,02-0,02-0,2): 169.30
Elder Ray (13): -0.96
Super Trend (3,10): 162.70
Zig ZAG (10): 165.89
VORTEX (21): 0.9500
Stochastique (14,3,5): 44.80
TEMA (21): 166.31
Williams %R (14): -65.03
Chande Momentum Oscillator (20): 0.91
Repulse (5,40,3): -0.4800
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.49
MA7: 161.68
MA20: 151.77
MA50: 145.16
MA100: 149.83
MAexp7: 166.48
MAexp20: 166.48
MAexp50: 166.06
MAexp100: 164.02
Price / MA7: +2.83%
Price / MA20: +9.54%
Price / MA50: +14.53%
Price / MA100: +10.96%
Price / MAexp7: -0.14%
Price / MAexp20: -0.14%
Price / MAexp50: +0.11%
Price / MAexp100: +1.36%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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