SOLANA - SOL/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SOLUSD
ISIN:

SOLANA - SOL/USD - Daily - Technical analysis published on 11/18/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 211.80 USD

My targets

My analysis

The bullish trend is currently very strong on SOLANA - SOL/USD. As long as the price remains above the support at 211.80 USD, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.9

Comment on the 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:

Additional analysis

Quotes

The SOLANA - SOL/USD price is 242.52 USD. The price has increased by +2.11% since the last closing with the lowest point at 233.53 USD and the highest point at 248.52 USD. The deviation from the price is +3.85% for the low point and -2.41% for the high point.

233.53

248.52

242.52

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	157.84	184.84	202.57	242.52
Change (%)	-34.92%	-23.78%	-16.47%	-
Change	-84.68	-57.68	-39.95	-
Level	Minor	Intermediate	Major	-

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	189.44	200.87	219.18	230.61	248.92	260.35	278.66
Camarilla	229.32	232.05	234.77	237.50	240.23	242.95	245.68
Woodie	192.89	202.59	222.63	232.33	252.37	262.07	282.11
Fibonacci	200.87	212.23	219.25	230.61	241.97	248.99	260.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	174.61	186.75	201.13	213.27	227.65	239.79	254.17
Camarilla	208.23	210.66	213.09	215.52	217.95	220.38	222.81
Woodie	175.74	187.31	202.26	213.83	228.78	240.35	255.30
Fibonacci	186.75	196.88	203.14	213.27	223.40	229.66	239.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.81	111.48	139.97	161.64	190.13	211.80	240.29
Camarilla	154.68	159.27	163.87	168.47	173.07	177.67	182.26
Woodie	93.23	113.19	143.39	163.35	193.55	213.51	243.71
Fibonacci	111.48	130.64	142.48	161.64	180.80	192.64	211.80

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):	75.54
MACD (12,26,9):	17.7200
Directional Movement:	26.09
AROON (14):	100.00
DEMA (21):	225.20
Parabolic SAR (0,02-0,02-0,2):	203.90
Elder Ray (13):	27.98
Super Trend (3,10):	195.97
Zig ZAG (10):	242.13
VORTEX (21):	1.2100
Stochastique (14,3,5):	91.32
TEMA (21):	233.65
Williams %R (14):	-6.61
Chande Momentum Oscillator (20):	55.82
Repulse (5,40,3):	10.8500
ROCnROLL:	1
TRIX (15,9):	1.1700
Courbe Coppock:	62.35

MA7:	221.55
MA20:	196.46
MA50:	171.83
MA100:	156.82
MAexp7:	224.04
MAexp20:	203.42
MAexp50:	180.92
MAexp100:	167.63
Price / MA7:	+9.47%
Price / MA20:	+23.44%
Price / MA50:	+41.14%
Price / MA100:	+54.65%
Price / MAexp7:	+8.25%
Price / MAexp20:	+19.22%
Price / MAexp50:	+34.05%
Price / MAexp100:	+44.68%

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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