SOLANA - SOL/USD - 15 min. - Technical analysis published on 11/08/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 200.98 USD
My targets
193.51 USD (-2.38%)
188.97 USD (-4.67%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SOLANA - SOL/USD as long as the price remains well below 200.98 USD. The sellers' bearish objective is set at 193.51 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 188.97 USD. In case of crossing, the next objective would be the support located at 181.50 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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This analysis was given by octosharkbtc. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USD price is 198.23 USD. The price has increased by +0.92% since the last closing and was traded between 195.85 USD and 205.29 USD over the period. The price is currently at +1.22% from its lowest and -3.44% from its highest.195.85
205.29
198.23
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SOLANA - SOL/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SOLANA - SOL/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 164.70 | 173.94 | 185.50 | 198.23 | 202.57 |
| Change (%) | -16.91% | -12.25% | -6.42% | - | +2.19% |
| Change | -33.53 | -24.29 | -12.73 | - | +4.34 |
| Level | Intermediate | Minor | Major | - | 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 | 176.96 | 181.50 | 188.97 | 193.51 | 200.98 | 205.52 | 212.99 |
| Camarilla | 193.13 | 194.23 | 195.33 | 196.43 | 197.53 | 198.63 | 199.73 |
| Woodie | 178.42 | 182.23 | 190.43 | 194.24 | 202.44 | 206.25 | 214.45 |
| Fibonacci | 181.50 | 186.09 | 188.93 | 193.51 | 198.10 | 200.94 | 205.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.53 | 149.32 | 157.71 | 170.50 | 178.89 | 191.68 | 200.07 |
| Camarilla | 160.27 | 162.21 | 164.15 | 166.09 | 168.03 | 169.97 | 171.92 |
| Woodie | 134.32 | 148.22 | 155.50 | 169.40 | 176.68 | 190.58 | 197.86 |
| Fibonacci | 149.32 | 157.41 | 162.41 | 170.50 | 178.59 | 183.59 | 191.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.81 | 111.48 | 139.97 | 161.64 | 190.13 | 211.80 | 240.29 |
| Camarilla | 154.68 | 159.27 | 163.87 | 168.47 | 173.07 | 177.67 | 182.26 |
| Woodie | 93.23 | 113.19 | 143.39 | 163.35 | 193.55 | 213.51 | 243.71 |
| Fibonacci | 111.48 | 130.64 | 142.48 | 161.64 | 180.80 | 192.64 | 211.80 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.63 | |
| MACD (12,26,9): | -0.4200 | |
| Directional Movement: | -2.13 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 199.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 198.10 | |
| Elder Ray (13): | -1.05 | |
| Super Trend (3,10): | 202.43 | |
| Zig ZAG (10): | 198.65 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 43.43 | |
| TEMA (21): | 199.12 | |
| Williams %R (14): | -69.04 | |
| Chande Momentum Oscillator (20): | -0.37 | |
| Repulse (5,40,3): | -0.8800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.98 |
| MA7: | 176.37 | |
| MA20: | 173.12 | |
| MA50: | 158.41 | |
| MA100: | 149.89 | |
| MAexp7: | 199.09 | |
| MAexp20: | 199.85 | |
| MAexp50: | 200.12 | |
| MAexp100: | 198.71 | |
| Price / MA7: | +12.39% | |
| Price / MA20: | +14.50% | |
| Price / MA50: | +25.14% | |
| Price / MA100: | +32.25% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | -0.81% | |
| Price / MAexp50: | -0.94% | |
| Price / MAexp100: | -0.24% |
Quotes :
-
Real time data
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