SOLANA - SOL/USDT - 15 min. - Technical analysis published on 05/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 129.25 USDT
My targets
137.26 USDT (+2.61%)
147.75 USDT (+10.45%)
My analysis
The bullish trend is currently very strong on SOLANA - SOL/USDT. As long as the price remains above the support at 129.25 USDT, you could try to benefit from the boom. The first bullish objective is located at 137.26 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 147.75 USDT as an objective. Crossing it would then enable buyers to target 155.76 USDT. 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.
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
7.5
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This analysis was given by boobski. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SOLANA - SOL/USDT rating 133.77 USDT. The price has increased by +5.53% since the last closing with the lowest point at 118.98 USDT and the highest point at 135.94 USDT. The deviation from the price is +12.43% for the low point and -1.60% for the high point.118.98
135.94
133.77
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SOLANA - SOL/USDT in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 101.90 | 121.25 | 133.48 | 133.77 | 136.90 | 144.74 | 156.95 |
| Change (%) | -23.82% | -9.36% | -0.22% | - | +2.34% | +8.20% | +17.33% |
| Change | -31.87 | -12.52 | -0.29 | - | +3.13 | +10.97 | +23.18 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.26 | 110.75 | 118.76 | 129.25 | 137.26 | 147.75 | 155.76 |
| Camarilla | 121.67 | 123.37 | 125.06 | 126.76 | 128.46 | 130.15 | 131.85 |
| Woodie | 99.01 | 110.13 | 117.51 | 128.63 | 136.01 | 147.13 | 154.51 |
| Fibonacci | 110.75 | 117.82 | 122.19 | 129.25 | 136.32 | 140.69 | 147.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.29 | 118.37 | 129.84 | 144.92 | 156.39 | 171.47 | 182.94 |
| Camarilla | 134.01 | 136.44 | 138.88 | 141.31 | 143.74 | 146.18 | 148.61 |
| Woodie | 101.49 | 117.47 | 128.04 | 144.02 | 154.59 | 170.57 | 181.14 |
| Fibonacci | 118.37 | 128.51 | 134.78 | 144.92 | 155.06 | 161.33 | 171.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.19 | 67.72 | 97.24 | 150.77 | 180.29 | 233.82 | 263.34 |
| Camarilla | 103.92 | 111.53 | 119.15 | 126.76 | 134.37 | 141.99 | 149.60 |
| Woodie | 2.19 | 61.72 | 85.24 | 144.77 | 168.29 | 227.82 | 251.34 |
| Fibonacci | 67.72 | 99.45 | 119.05 | 150.77 | 182.50 | 202.10 | 233.82 |
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): | 61.80 | |
| MACD (12,26,9): | 2.0500 | |
| Directional Movement: | 14.97 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 132.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.53 | |
| Elder Ray (13): | 1.21 | |
| Super Trend (3,10): | 127.69 | |
| Zig ZAG (10): | 131.87 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 65.24 | |
| TEMA (21): | 132.91 | |
| Williams %R (14): | -43.62 | |
| Chande Momentum Oscillator (20): | 2.53 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2400 | |
| Courbe Coppock: | 9.50 |
| MA7: | 137.31 | |
| MA20: | 142.80 | |
| MA50: | 167.02 | |
| MA100: | 139.45 | |
| MAexp7: | 131.35 | |
| MAexp20: | 129.30 | |
| MAexp50: | 126.74 | |
| MAexp100: | 126.35 | |
| Price / MA7: | -2.58% | |
| Price / MA20: | -6.32% | |
| Price / MA50: | -19.91% | |
| Price / MA100: | -4.07% | |
| Price / MAexp7: | +1.85% | |
| Price / MAexp20: | +3.46% | |
| Price / MAexp50: | +5.55% | |
| Price / MAexp100: | +5.88% |
Quotes :
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Real time data
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