SOLANA - SOL/EUR
SOLANA - SOL/EUR
- EUR (-)
- Real time data - CoinMarketCap
Open: -
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Type: Cryptocurrencies
Ticker: SOLEUR
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SOLANA - SOL/EUR - 1H - Technical analysis published on 01/21/2023 (GMT)

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  • 01/21/2023 - 18:16
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  • Timeframe : 1H
  • - Analysis generated on 01/21/2023 - 18:16
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 22.99 EUR
My targets
26.07 EUR (+11.55%)
29.77 EUR (+27.39%)
My analysis
SOLANA - SOL/EUR 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 22.99 EUR. The next resistance located at 26.07 EUR 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 29.77 EUR. After this resistance, buyers could then target 30.78 EUR. 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 are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.6

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 paradise414. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

SOLANA - SOL/EUR rating 23.37 EUR. The price registered a decrease of -0.68% on the session with the lowest point at 22.63 EUR and the highest point at 24.36 EUR. The deviation from the price is +3.27% for the low point and -4.06% for the high point.

22.63
24.36
23.37

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SOLANA - SOL/EUR:
Created with Raphaël 2.3.0-150-75075150225January 1st1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this SOLANA - SOL/EUR chart shows a strongly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Williams %R indicator is back over -50

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


S3S2S1PriceR1R2R3
ProTrendLines 20.72 22.37 22.99 23.37 30.78 37.01 45.43
Change (%) -11.34% -4.28% -1.63% - +31.71% +58.37% +94.39%
Change -2.65 -1.00 -0.38 - +7.41 +13.64 +22.06
Level Major Intermediate Intermediate - 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
Standard16.3317.8420.6922.2025.0526.5629.41
Camarilla22.3322.7323.1323.5323.9324.3324.73
Woodie16.9918.1821.3522.5425.7126.9030.07
Fibonacci17.8419.5120.5422.2023.8724.9026.56


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.698.3915.3819.0826.0729.7736.76
Camarilla19.4320.4121.3922.3723.3524.3325.31
Woodie6.349.2117.0319.9027.7230.5938.41
Fibonacci8.3912.4715.0019.0823.1625.6929.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.143.856.5710.2813.0016.7119.43
Camarilla7.528.118.709.299.8810.4711.06
Woodie-0.363.606.0810.0312.5116.4618.94
Fibonacci3.856.317.8210.2812.7414.2516.71

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 65.38
MACD (12,26,9): 0.5600
Directional Movement: 33.19
AROON (14): 35.72
DEMA (21): 23.76
Parabolic SAR (0,02-0,02-0,2): 24.18
Elder Ray (13): 0.20
Super Trend (3,10): 22.08
Zig ZAG (10): 23.37
VORTEX (21): 1.1300
Stochastique (14,3,5): 41.51
TEMA (21): 23.71
Williams %R (14): -66.04
Chande Momentum Oscillator (20): 0.03
Repulse (5,40,3): -1.4700
ROCnROLL: 1
TRIX (15,9): 0.4600
Courbe Coppock: 2.84
MA7: 21.43
MA20: 16.86
MA50: 13.73
MA100: 18.15
MAexp7: 23.34
MAexp20: 22.94
MAexp50: 21.93
MAexp100: 21.20
Price / MA7: +9.05%
Price / MA20: +38.61%
Price / MA50: +70.21%
Price / MA100: +28.76%
Price / MAexp7: +0.13%
Price / MAexp20: +1.87%
Price / MAexp50: +6.57%
Price / MAexp100: +10.24%

Quotes : 01/21/2023 - 18:16 - Real time data - Cryptocompare

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

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