SOLANA - SOL/USD - Daily - Technical analysis published on 09/23/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 147.04 USD
My targets
185.74 USD (+24.07%)
191.01 USD (+27.60%)
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/USD as long as the price remains well above 147.04 USD. The buyers' bullish objective is set at 185.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 191.01 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.8
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 Currenciesboost. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USD price is 149.70 USD. On the day, this instrument gained +1.03% with the lowest point at 143.68 USD and the highest point at 152.43 USD. The deviation from the price is +4.19% for the low point and -1.79% for the high point.143.68
152.43
149.70
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SOLANA - SOL/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SOLANA - SOL/USD in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 24.17 | 55.98 | 70.67 | 149.70 | 191.01 |
| Change (%) | -83.85% | -62.61% | -52.79% | - | +27.60% |
| Change | -125.53 | -93.72 | -79.03 | - | +41.31 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate |
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 | 99.83 | 111.01 | 129.59 | 140.77 | 159.35 | 170.53 | 189.11 |
| Camarilla | 140.00 | 142.72 | 145.45 | 148.18 | 150.91 | 153.64 | 156.36 |
| Woodie | 103.54 | 112.86 | 133.30 | 142.62 | 163.06 | 172.38 | 192.82 |
| Fibonacci | 111.01 | 122.38 | 129.40 | 140.77 | 152.14 | 159.16 | 170.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.80 | 115.39 | 142.38 | 161.97 | 188.96 | 208.55 | 235.54 |
| Camarilla | 156.55 | 160.82 | 165.09 | 169.36 | 173.63 | 177.90 | 182.17 |
| Woodie | 99.49 | 117.24 | 146.07 | 163.82 | 192.65 | 210.40 | 239.23 |
| Fibonacci | 115.39 | 133.19 | 144.18 | 161.97 | 179.77 | 190.76 | 208.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -41.88 | -3.18 | 52.58 | 91.28 | 147.04 | 185.74 | 241.50 |
| Camarilla | 82.36 | 91.02 | 99.68 | 108.34 | 117.00 | 125.66 | 134.32 |
| Woodie | -33.35 | 1.09 | 61.11 | 95.55 | 155.57 | 190.01 | 250.03 |
| Fibonacci | -3.18 | 32.90 | 55.20 | 91.28 | 127.36 | 149.66 | 185.74 |
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): | 54.78 | |
| MACD (12,26,9): | 9.3200 | |
| Directional Movement: | -0.37 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 162.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 175.20 | |
| Elder Ray (13): | -0.98 | |
| Super Trend (3,10): | 197.89 | |
| Zig ZAG (10): | 151.68 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 27.78 | |
| TEMA (21): | 152.68 | |
| Williams %R (14): | -57.23 | |
| Chande Momentum Oscillator (20): | -28.39 | |
| Repulse (5,40,3): | 4.8100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.9800 | |
| Courbe Coppock: | 23.42 |
| MA7: | 146.24 | |
| MA20: | 159.71 | |
| MA50: | 106.52 | |
| MA100: | 69.00 | |
| MAexp7: | 146.92 | |
| MAexp20: | 145.86 | |
| MAexp50: | 116.49 | |
| MAexp100: | 86.78 | |
| Price / MA7: | +2.37% | |
| Price / MA20: | -6.27% | |
| Price / MA50: | +40.54% | |
| Price / MA100: | +116.96% | |
| Price / MAexp7: | +1.83% | |
| Price / MAexp20: | +2.57% | |
| Price / MAexp50: | +28.43% | |
| Price / MAexp100: | +72.40% |
Quotes :
-
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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