SOLANA - SOL/EUR - 15 min. - Technical analysis published on 01/20/2023 (GMT)
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- Timeframe : 15 min.
- - 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
78%
6%
17%
My opinion
Bullish above 19.61 EUR
My targets
20.86 EUR (+2.57%)
21.57 EUR (+6.03%)
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/EUR as long as the price remains well above 19.61 EUR. The buyers' bullish objective is set at 20.86 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21.57 EUR. If there is any crossing, the next objective would be the resistance located at 22.37 EUR. 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
7.7
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Additional analysis
Quotes
SOLANA - SOL/EUR rating 20.34 EUR. The price has increased by +2.88% since the last closing and was traded between 19.36 EUR and 20.49 EUR over the period. The price is currently at +5.06% from its lowest and -0.73% from its highest.19.36
20.49
20.34
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 15 min. chart of SOLANA - SOL/EUR indicates that the overall trend is strongly bullish. 85.71% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
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 | 15.26 | 15.98 | 18.91 | 20.34 | 20.72 | 22.37 | 30.78 |
| Change (%) | -24.98% | -21.44% | -7.03% | - | +1.87% | +9.98% | +51.33% |
| Change | -5.08 | -4.36 | -1.43 | - | +0.38 | +2.03 | +10.44 |
| Level | Minor | Minor | Major | - | Intermediate | Major | 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 | 17.82 | 18.36 | 19.07 | 19.61 | 20.32 | 20.86 | 21.57 |
| Camarilla | 19.43 | 19.54 | 19.66 | 19.77 | 19.89 | 20.00 | 20.11 |
| Woodie | 17.90 | 18.40 | 19.15 | 19.65 | 20.40 | 20.90 | 21.65 |
| Fibonacci | 18.36 | 18.84 | 19.14 | 19.61 | 20.09 | 20.39 | 20.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.69 | 8.39 | 15.38 | 19.08 | 26.07 | 29.77 | 36.76 |
| Camarilla | 19.43 | 20.41 | 21.39 | 22.37 | 23.35 | 24.33 | 25.31 |
| Woodie | 6.34 | 9.21 | 17.03 | 19.90 | 27.72 | 30.59 | 38.41 |
| Fibonacci | 8.39 | 12.47 | 15.00 | 19.08 | 23.16 | 25.69 | 29.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.14 | 3.85 | 6.57 | 10.28 | 13.00 | 16.71 | 19.43 |
| Camarilla | 7.52 | 8.11 | 8.70 | 9.29 | 9.88 | 10.47 | 11.06 |
| Woodie | -0.36 | 3.60 | 6.08 | 10.03 | 12.51 | 16.46 | 18.94 |
| Fibonacci | 3.85 | 6.31 | 7.82 | 10.28 | 12.74 | 14.25 | 16.71 |
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): | 62.26 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 12.15 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 19.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.76 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 19.60 | |
| Zig ZAG (10): | 19.80 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 64.67 | |
| TEMA (21): | 19.84 | |
| Williams %R (14): | -36.00 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.53 |
| MA7: | 20.77 | |
| MA20: | 15.97 | |
| MA50: | 13.44 | |
| MA100: | 18.19 | |
| MAexp7: | 19.81 | |
| MAexp20: | 19.71 | |
| MAexp50: | 19.64 | |
| MAexp100: | 19.67 | |
| Price / MA7: | -2.07% | |
| Price / MA20: | +27.36% | |
| Price / MA50: | +51.34% | |
| Price / MA100: | +11.82% | |
| Price / MAexp7: | +2.68% | |
| Price / MAexp20: | +3.20% | |
| Price / MAexp50: | +3.56% | |
| Price / MAexp100: | +3.41% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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