SOLANA - SOL/USDT - 1H - Technical analysis published on 05/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 53.02 USDT
My targets
48.85 USDT (-4.12%)
45.98 USDT (-9.75%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SOLANA - SOL/USDT as long as the price remains well below 53.02 USDT. The sellers' bearish objective is set at 48.85 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 45.98 USDT. In case of crossing, the next objective would be the support located at 41.57 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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Additional analysis
Quotes
The SOLANA - SOL/USDT rating is 50.95 USDT. The price registered a decrease of -10.68% on the session and was traded between 49.82 USDT and 57.84 USDT over the period. The price is currently at +2.27% from its lowest and -11.91% from its highest.49.82
57.84
50.95
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of SOLANA - SOL/USDT in 1H shows an overall bearish trend. 78.57% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.50 | 41.57 | 45.98 | 50.95 | 53.02 | 56.02 | 59.26 |
| Change (%) | -26.40% | -18.41% | -9.75% | - | +4.06% | +9.95% | +16.31% |
| Change | -13.45 | -9.38 | -4.97 | - | +2.07 | +5.07 | +8.31 |
| Level | Minor | Minor | Intermediate | - | Intermediate | 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 | 48.92 | 51.01 | 54.02 | 56.11 | 59.12 | 61.21 | 64.22 |
| Camarilla | 55.64 | 56.11 | 56.57 | 57.04 | 57.51 | 57.98 | 58.44 |
| Woodie | 49.39 | 51.24 | 54.49 | 56.34 | 59.59 | 61.44 | 64.69 |
| Fibonacci | 51.01 | 52.96 | 54.16 | 56.11 | 58.06 | 59.26 | 61.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -8.32 | 14.59 | 33.50 | 56.41 | 75.32 | 98.23 | 117.14 |
| Camarilla | 40.91 | 44.74 | 48.58 | 52.41 | 56.24 | 60.08 | 63.91 |
| Woodie | -10.32 | 13.59 | 31.50 | 55.41 | 73.32 | 97.23 | 115.14 |
| Fibonacci | 14.59 | 30.57 | 40.44 | 56.41 | 72.39 | 82.26 | 98.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.30 | 48.85 | 68.32 | 105.87 | 125.34 | 162.89 | 182.36 |
| Camarilla | 72.10 | 77.33 | 82.55 | 87.78 | 93.01 | 98.23 | 103.46 |
| Woodie | 2.25 | 44.33 | 59.27 | 101.35 | 116.29 | 158.37 | 173.31 |
| Fibonacci | 48.85 | 70.64 | 84.09 | 105.87 | 127.66 | 141.11 | 162.89 |
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): | 37.54 | |
| MACD (12,26,9): | -1.2000 | |
| Directional Movement: | -19.67 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 51.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 51.98 | |
| Elder Ray (13): | -0.82 | |
| Super Trend (3,10): | 54.15 | |
| Zig ZAG (10): | 51.09 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 24.58 | |
| TEMA (21): | 50.39 | |
| Williams %R (14): | -78.25 | |
| Chande Momentum Oscillator (20): | -3.35 | |
| Repulse (5,40,3): | -0.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 15.22 |
| MA7: | 52.40 | |
| MA20: | 70.24 | |
| MA50: | 94.02 | |
| MA100: | 93.45 | |
| MAexp7: | 51.40 | |
| MAexp20: | 52.74 | |
| MAexp50: | 53.86 | |
| MAexp100: | 54.28 | |
| Price / MA7: | -2.77% | |
| Price / MA20: | -27.46% | |
| Price / MA50: | -45.81% | |
| Price / MA100: | -45.48% | |
| Price / MAexp7: | -0.88% | |
| Price / MAexp20: | -3.39% | |
| Price / MAexp50: | -5.40% | |
| Price / MAexp100: | -6.13% |
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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