SOLANA - SOL/USDT - 1H - Technical analysis published on 01/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 89.44 USDT
My targets
93.81 USDT (+1.31%)
95.45 USDT (+3.08%)
My analysis
SOLANA - SOL/USDT 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 89.44 USDT. The next resistance located at 93.81 USDT 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 95.45 USDT. After this resistance, buyers could then target 102.09 USDT. 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.
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
7.7
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Additional analysis
Quotes
The SOLANA - SOL/USDT rating is 92.60 USDT. The price has increased by +0.35% since the last closing and was between 90.68 USDT and 93.72 USDT. This implies that the price is at +2.12% from its lowest and at -1.20% from its highest.90.68
93.72
92.60
Here is a more detailed summary of the historical variations registered by SOLANA - SOL/USDT:
Technical
Technical analysis of SOLANA - SOL/USDT in 1H 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 82.13 | 85.13 | 89.44 | 92.60 | 93.81 | 95.45 | 102.09 |
| Change (%) | -11.31% | -8.07% | -3.41% | - | +1.31% | +3.08% | +10.25% |
| Change | -10.47 | -7.47 | -3.16 | - | +1.21 | +2.85 | +9.49 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.97 | 83.01 | 87.64 | 90.68 | 95.31 | 98.35 | 102.98 |
| Camarilla | 90.17 | 90.87 | 91.58 | 92.28 | 92.98 | 93.69 | 94.39 |
| Woodie | 80.78 | 83.41 | 88.45 | 91.08 | 96.12 | 98.75 | 103.79 |
| Fibonacci | 83.01 | 85.94 | 87.75 | 90.68 | 93.61 | 95.42 | 98.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.77 | 78.42 | 85.64 | 94.29 | 101.51 | 110.16 | 117.38 |
| Camarilla | 88.51 | 89.96 | 91.42 | 92.87 | 94.33 | 95.78 | 97.23 |
| Woodie | 69.07 | 78.06 | 84.94 | 93.93 | 100.81 | 109.80 | 116.68 |
| Fibonacci | 78.42 | 84.48 | 88.22 | 94.29 | 100.35 | 104.09 | 110.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.65 | 34.69 | 68.21 | 97.25 | 130.77 | 159.81 | 193.33 |
| Camarilla | 84.52 | 90.25 | 95.99 | 101.72 | 107.46 | 113.19 | 118.92 |
| Woodie | 7.88 | 35.81 | 70.44 | 98.37 | 133.00 | 160.93 | 195.56 |
| Fibonacci | 34.69 | 58.59 | 73.36 | 97.25 | 121.15 | 135.92 | 159.81 |
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): | 57.00 | |
| MACD (12,26,9): | 0.4500 | |
| Directional Movement: | 16.46 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 92.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 91.14 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 90.30 | |
| Zig ZAG (10): | 92.36 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 66.94 | |
| TEMA (21): | 92.40 | |
| Williams %R (14): | -35.58 | |
| Chande Momentum Oscillator (20): | 0.89 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.24 |
| MA7: | 88.53 | |
| MA20: | 93.77 | |
| MA50: | 92.42 | |
| MA100: | 71.00 | |
| MAexp7: | 92.36 | |
| MAexp20: | 92.01 | |
| MAexp50: | 90.74 | |
| MAexp100: | 89.68 | |
| Price / MA7: | +4.60% | |
| Price / MA20: | -1.25% | |
| Price / MA50: | +0.19% | |
| Price / MA100: | +30.42% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +0.64% | |
| Price / MAexp50: | +2.05% | |
| Price / MAexp100: | +3.26% |
Quotes :
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Real time data
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