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SOLANA - SOL/USDT
SOLANA - SOL/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SOLUSDT
ISIN:

SOLANA - SOL/USDT - 1H - Technical analysis published on 03/29/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 184.50 USDT
My targets
191.11 USDT (+1.06%)
196.55 USDT (+3.93%)
My analysis
SOLANA - SOL/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 184.50 USDT. The next resistance located at 191.11 USDT is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 196.55 USDT. After this resistance, buyers could then target 258.35 USDT.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2

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.

boobski
This analysis was given by boobski. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SOLANA - SOL/USDT rating is 189.11 USDT. On the day, this instrument lost -0.28% and was between 183.41 USDT and 190.72 USDT. This implies that the price is at +3.11% from its lowest and at -0.84% from its highest.

183.41
190.72
189.11

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of SOLANA - SOL/USDT in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

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


S3S2S1PriceR1R2R3
ProTrendLines 171.72 180.09 184.50 189.11 191.11 196.55 258.35
Change (%) -9.20% -4.77% -2.44% - +1.06% +3.93% +36.61%
Change -17.39 -9.02 -4.61 - +2.00 +7.44 +69.24
Level Intermediate Minor Intermediate - Major Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard173.41177.18183.41187.18193.41197.18203.41
Camarilla186.89187.81188.72189.64190.56191.47192.39
Woodie174.64177.80184.64187.80194.64197.80204.64
Fibonacci177.18181.00183.36187.18191.00193.36197.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard105.86134.17153.41181.72200.96229.27248.51
Camarilla159.57163.93168.29172.65177.01181.37185.73
Woodie101.33131.90148.88179.45196.43227.00243.98
Fibonacci134.17152.33163.56181.72199.88211.11229.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.6283.55104.76119.69140.90155.83177.04
Camarilla116.03119.34122.66125.97129.28132.60135.91
Woodie71.7685.12107.90121.26144.04157.40180.18
Fibonacci83.5597.36105.89119.69133.50142.03155.83

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): 54.83
MACD (12,26,9): -0.1200
Directional Movement: 3.59
AROON (14): -42.86
DEMA (21): 186.32
Parabolic SAR (0,02-0,02-0,2): 183.41
Elder Ray (13): 1.33
Super Trend (3,10): 183.18
Zig ZAG (10): 187.83
VORTEX (21): 1.0500
Stochastique (14,3,5): 45.29
TEMA (21): 186.30
Williams %R (14): -35.49
Chande Momentum Oscillator (20): -1.01
Repulse (5,40,3): 1.7600
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 2.35
MA7: 185.82
MA20: 178.23
MA50: 141.68
MA100: 120.12
MAexp7: 186.66
MAexp20: 186.49
MAexp50: 186.62
MAexp100: 186.16
Price / MA7: +1.77%
Price / MA20: +6.10%
Price / MA50: +33.48%
Price / MA100: +57.43%
Price / MAexp7: +1.31%
Price / MAexp20: +1.40%
Price / MAexp50: +1.33%
Price / MAexp100: +1.58%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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