SOLANA - SOL/USDT - 15 min. - Technical analysis published on 03/25/2024 (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 bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 196.07 USDT
My targets
180.64 USDT (-4.97%)
174.53 USDT (-8.18%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for SOLANA - SOL/USDT as long as the price remains well below 196.07 USDT. The next bearish objective for sellers is set at 180.64 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 174.53 USDT. In case of crossing, the next objective would be the support located at 165.21 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 180.64 USDT. With this support, against the trend traders who want to buy SOLANA - SOL/USDT on a buy signal from their trading strategy should not hesitate to act.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.1
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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 190.08 USDT. The price has increased by +3.39% since the last closing with the lowest point at 181.00 USDT and the highest point at 194.49 USDT. The deviation from the price is +5.02% for the low point and -2.27% for the high point.181.00
194.49
190.08
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of SOLANA - SOL/USDT in 15 min. shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Bullish harami
Type : Bullish
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 | 167.65 | 173.90 | 186.56 | 190.08 | 191.11 | 195.54 | 210.03 |
| Change (%) | -11.80% | -8.51% | -1.85% | - | +0.54% | +2.87% | +10.50% |
| Change | -22.43 | -16.18 | -3.52 | - | +1.03 | +5.46 | +19.95 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 159.10 | 165.21 | 174.53 | 180.64 | 189.96 | 196.07 | 205.39 |
| Camarilla | 179.61 | 181.02 | 182.44 | 183.85 | 185.26 | 186.68 | 188.09 |
| Woodie | 160.71 | 166.01 | 176.14 | 181.44 | 191.57 | 196.87 | 207.00 |
| Fibonacci | 165.21 | 171.10 | 174.75 | 180.64 | 186.53 | 190.18 | 196.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.86 | 134.17 | 153.41 | 181.72 | 200.96 | 229.27 | 248.51 |
| Camarilla | 159.57 | 163.93 | 168.29 | 172.65 | 177.01 | 181.37 | 185.73 |
| Woodie | 101.33 | 131.90 | 148.88 | 179.45 | 196.43 | 227.00 | 243.98 |
| Fibonacci | 134.17 | 152.33 | 163.56 | 181.72 | 199.88 | 211.11 | 229.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.52 | 76.27 | 101.12 | 117.87 | 142.72 | 159.47 | 184.32 |
| Camarilla | 114.53 | 118.34 | 122.16 | 125.97 | 129.78 | 133.60 | 137.41 |
| Woodie | 63.57 | 78.30 | 105.17 | 119.90 | 146.77 | 161.50 | 188.37 |
| Fibonacci | 76.27 | 92.16 | 101.98 | 117.87 | 133.76 | 143.58 | 159.47 |
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): | 40.41 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -11.22 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 191.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 193.12 | |
| Elder Ray (13): | -1.55 | |
| Super Trend (3,10): | 188.62 | |
| Zig ZAG (10): | 190.79 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 39.60 | |
| TEMA (21): | 191.40 | |
| Williams %R (14): | -52.88 | |
| Chande Momentum Oscillator (20): | -1.31 | |
| Repulse (5,40,3): | -0.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.31 |
| MA7: | 180.39 | |
| MA20: | 168.74 | |
| MA50: | 134.54 | |
| MA100: | 115.59 | |
| MAexp7: | 191.21 | |
| MAexp20: | 191.64 | |
| MAexp50: | 190.43 | |
| MAexp100: | 187.57 | |
| Price / MA7: | +5.37% | |
| Price / MA20: | +12.65% | |
| Price / MA50: | +41.28% | |
| Price / MA100: | +64.44% | |
| Price / MAexp7: | -0.59% | |
| Price / MAexp20: | -0.81% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | +1.34% |
Quotes :
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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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