SOLANA - SOL/USDT
-
USDT
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | SOLUSDT |
| ISIN: |
SOLANA - SOL/USDT - 1H - Technical analysis published on 07/24/2024 (GMT)
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- 07/24/2024 - 17:46
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- Timeframe : 1H
- - Analysis generated on 07/24/2024 - 17:46
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 176.88 USDT
My targets
186.70 USDT (+2.45%)
202.26 USDT (+10.99%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOLANA - SOL/USDT as long as the price remains well above 176.88 USDT. The buyers' bullish objective is set at 186.70 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 202.26 USDT. If there is any crossing, the next objective would be the resistance located at 258.35 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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 OlivierTLS. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USDT rating is 182.24 USDT. The price has increased by +5.32% since the last closing and was traded between 171.01 USDT and 182.36 USDT over the period. The price is currently at +6.57% from its lowest and -0.07% from its highest.171.01
182.36
182.24
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SOLANA - SOL/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 170.72 | 173.71 | 176.88 | 182.24 | 186.70 | 202.26 | 258.35 |
| Change (%) | -6.32% | -4.68% | -2.94% | - | +2.45% | +10.99% | +41.76% |
| Change | -11.52 | -8.53 | -5.36 | - | +4.46 | +20.02 | +76.11 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Minor |
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 | 158.99 | 164.79 | 168.91 | 174.71 | 178.83 | 184.63 | 188.75 |
| Camarilla | 170.30 | 171.21 | 172.12 | 173.03 | 173.94 | 174.85 | 175.76 |
| Woodie | 158.15 | 164.37 | 168.07 | 174.29 | 177.99 | 184.21 | 187.91 |
| Fibonacci | 164.79 | 168.58 | 170.92 | 174.71 | 178.50 | 180.84 | 184.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 118.83 | 130.35 | 151.99 | 163.51 | 185.15 | 196.67 | 218.31 |
| Camarilla | 164.50 | 167.54 | 170.58 | 173.62 | 176.66 | 179.70 | 182.74 |
| Woodie | 123.88 | 132.88 | 157.04 | 166.04 | 190.20 | 199.20 | 223.36 |
| Fibonacci | 130.35 | 143.02 | 150.85 | 163.51 | 176.18 | 184.01 | 196.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.34 | 95.58 | 121.10 | 148.34 | 173.86 | 201.10 | 226.62 |
| Camarilla | 132.11 | 136.95 | 141.78 | 146.62 | 151.46 | 156.29 | 161.13 |
| Woodie | 67.48 | 95.15 | 120.24 | 147.91 | 173.00 | 200.67 | 225.76 |
| Fibonacci | 95.58 | 115.73 | 128.19 | 148.34 | 168.49 | 180.95 | 201.10 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.13 | |
| MACD (12,26,9): | 1.3600 | |
| Directional Movement: | 12.35 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 178.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 176.49 | |
| Elder Ray (13): | 3.48 | |
| Super Trend (3,10): | 173.84 | |
| Zig ZAG (10): | 182.15 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 82.29 | |
| TEMA (21): | 180.06 | |
| Williams %R (14): | -2.55 | |
| Chande Momentum Oscillator (20): | 8.92 | |
| Repulse (5,40,3): | 2.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 7.25 |
| MA7: | 174.37 | |
| MA20: | 154.64 | |
| MA50: | 149.36 | |
| MA100: | 151.89 | |
| MAexp7: | 179.31 | |
| MAexp20: | 177.01 | |
| MAexp50: | 176.29 | |
| MAexp100: | 174.62 | |
| Price / MA7: | +4.51% | |
| Price / MA20: | +17.85% | |
| Price / MA50: | +22.01% | |
| Price / MA100: | +19.98% | |
| Price / MAexp7: | +1.63% | |
| Price / MAexp20: | +2.95% | |
| Price / MAexp50: | +3.38% | |
| Price / MAexp100: | +4.36% |
Quotes :
07/24/2024 - 17:46
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Real time data
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Cryptocompare
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