SOLANA - SOL/USDT - 15 min. - Technical analysis published on 05/18/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 54.02 USDT
My targets
48.92 USDT (-3.92%)
45.98 USDT (-9.70%)
My analysis
The bearish basic trend is very strong on SOLANA - SOL/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 54.02 USDT. Crossing the first support at 48.92 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 45.98 USDT as an objective. Crossing it would then enable sellers to target 41.57 USDT. Caution, a return to above the resistance located at 54.02 USDT would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.9
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USDT rating is 50.92 USDT. The price registered a decrease of -10.73% on the session and was between 49.82 USDT and 57.84 USDT. This implies that the price is at +2.21% from its lowest and at -11.96% from its highest.49.82
57.84
50.92
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 this 15 min. chart of SOLANA - SOL/USDT indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 2
Type : Neutral
Timeframe : 15 minutes
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.50 | 41.57 | 45.98 | 50.92 | 53.02 | 56.02 | 59.26 |
| Change (%) | -26.36% | -18.36% | -9.70% | - | +4.12% | +10.02% | +16.38% |
| Change | -13.42 | -9.35 | -4.94 | - | +2.10 | +5.10 | +8.34 |
| 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): | 48.30 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | 1.79 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 50.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 51.86 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 52.33 | |
| Zig ZAG (10): | 51.09 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 57.33 | |
| TEMA (21): | 51.22 | |
| Williams %R (14): | -53.18 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.43 |
| MA7: | 52.40 | |
| MA20: | 70.24 | |
| MA50: | 94.02 | |
| MA100: | 93.45 | |
| MAexp7: | 51.18 | |
| MAexp20: | 51.21 | |
| MAexp50: | 52.03 | |
| MAexp100: | 53.14 | |
| Price / MA7: | -2.82% | |
| Price / MA20: | -27.51% | |
| Price / MA50: | -45.84% | |
| Price / MA100: | -45.51% | |
| Price / MAexp7: | -0.51% | |
| Price / MAexp20: | -0.57% | |
| Price / MAexp50: | -2.13% | |
| Price / MAexp100: | -4.18% |
Quotes :
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Real time data
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