SOLANA - SOL/USDT

- USDT (-)

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Type:	Cryptocurrencies
Ticker:	SOLUSDT
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SOLANA - SOL/USDT - 1H - Technical analysis published on 02/17/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 186.26 USDT

My targets

166.92 USDT (-7.25%)

158.14 USDT (-12.13%)

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 186.26 USDT. The sellers' bearish objective is set at 166.92 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 158.14 USDT. In case of crossing, the next objective would be the support located at 139.04 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.3

Comment on the analysis

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.

This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SOLANA - SOL/USDT rating is 179.97 USDT. On the day, this instrument lost -4.52% and was between 175.19 USDT and 189.42 USDT. This implies that the price is at +2.73% from its lowest and at -4.99% from its highest.

175.19

189.42

179.97

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SOLANA - SOL/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	125.80	139.04	158.14	179.97	180.12	189.39	194.19
Change (%)	-30.10%	-22.74%	-12.13%	-	+0.08%	+5.23%	+7.90%
Change	-54.17	-40.93	-21.83	-	+0.15	+9.42	+14.22
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	176.00	181.51	184.99	190.50	193.98	199.49	202.97
Camarilla	186.01	186.83	187.66	188.48	189.30	190.13	190.95
Woodie	175.00	181.00	183.99	189.99	192.98	198.98	201.97
Fibonacci	181.51	184.94	187.06	190.50	193.93	196.05	199.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.92	178.16	186.26	197.50	205.60	216.84	224.94
Camarilla	189.05	190.82	192.60	194.37	196.14	197.92	199.69
Woodie	165.36	177.38	184.70	196.72	204.04	216.06	223.38
Fibonacci	178.16	185.55	190.11	197.50	204.89	209.45	216.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.34	109.43	170.51	232.60	293.68	355.77	416.85
Camarilla	197.72	209.01	220.30	231.59	242.88	254.17	265.46
Woodie	46.84	109.18	170.01	232.35	293.18	355.52	416.35
Fibonacci	109.43	156.48	185.55	232.60	279.65	308.72	355.77

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):	40.56
MACD (12,26,9):	-2.6400
Directional Movement:	-20.07
AROON (14):	-35.71
DEMA (21):	178.55
Parabolic SAR (0,02-0,02-0,2):	182.41
Elder Ray (13):	-0.09
Super Trend (3,10):	182.99
Zig ZAG (10):	180.28
VORTEX (21):	0.8200
Stochastique (14,3,5):	40.75
TEMA (21):	178.04
Williams %R (14):	-55.50
Chande Momentum Oscillator (20):	-3.36
Repulse (5,40,3):	0.5600
ROCnROLL:	2
TRIX (15,9):	-0.2100
Courbe Coppock:	5.36

MA7:	193.14
MA20:	203.49
MA50:	212.10
MA100:	216.69
MAexp7:	179.79
MAexp20:	182.09
MAexp50:	186.52
MAexp100:	190.18
Price / MA7:	-6.82%
Price / MA20:	-11.56%
Price / MA50:	-15.15%
Price / MA100:	-16.95%
Price / MAexp7:	+0.10%
Price / MAexp20:	-1.16%
Price / MAexp50:	-3.51%
Price / MAexp100:	-5.37%

Quotes : - Real time data - CoinMarketCap

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

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