SOLANA - SOL/USDT - 1H - Technical analysis published on 05/03/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 148.53 USDT
My targets
140.98 USDT (-3.71%)
136.98 USDT (-6.44%)
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 148.53 USDT. The next bearish objective for sellers is set at 140.98 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 136.98 USDT. If there is any crossing, the next objective would be the support located at 125.38 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.9
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This analysis was given by evilest_penguin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOLANA - SOL/USDT rating is 146.41 USDT. The price registered a decrease of -1.07% on the session and was traded between 146.09 USDT and 148.91 USDT over the period. The price is currently at +0.22% from its lowest and -1.68% from its highest.146.09
148.91
146.41
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SOLANA - SOL/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Daily)
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 125.38 | 140.98 | 145.72 | 146.41 | 148.53 | 150.03 | 151.99 |
| Change (%) | -14.36% | -3.71% | -0.47% | - | +1.45% | +2.47% | +3.81% |
| Change | -21.03 | -5.43 | -0.69 | - | +2.12 | +3.62 | +5.58 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Intermediate |
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 | 142.19 | 144.79 | 146.40 | 149.00 | 150.61 | 153.21 | 154.82 |
| Camarilla | 146.84 | 147.23 | 147.61 | 148.00 | 148.39 | 148.77 | 149.16 |
| Woodie | 141.69 | 144.54 | 145.90 | 148.75 | 150.11 | 152.96 | 154.32 |
| Fibonacci | 144.79 | 146.40 | 147.40 | 149.00 | 150.61 | 151.61 | 153.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.25 | 124.71 | 136.98 | 146.44 | 158.71 | 168.17 | 180.44 |
| Camarilla | 143.27 | 145.27 | 147.26 | 149.25 | 151.24 | 153.23 | 155.23 |
| Woodie | 116.66 | 125.41 | 138.39 | 147.14 | 160.12 | 168.87 | 181.85 |
| Fibonacci | 124.71 | 133.01 | 138.14 | 146.44 | 154.74 | 159.87 | 168.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.15 | 74.56 | 111.08 | 133.49 | 170.01 | 192.42 | 228.94 |
| Camarilla | 131.39 | 136.80 | 142.20 | 147.60 | 153.00 | 158.40 | 163.81 |
| Woodie | 59.21 | 78.09 | 118.14 | 137.02 | 177.07 | 195.95 | 236.00 |
| Fibonacci | 74.56 | 97.07 | 110.98 | 133.49 | 156.00 | 169.91 | 192.42 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.07 | |
| MACD (12,26,9): | -0.3500 | |
| Directional Movement: | -4.29 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 147.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 147.18 | |
| Elder Ray (13): | -0.43 | |
| Super Trend (3,10): | 149.05 | |
| Zig ZAG (10): | 147.50 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 46.60 | |
| TEMA (21): | 147.52 | |
| Williams %R (14): | -74.75 | |
| Chande Momentum Oscillator (20): | -0.44 | |
| Repulse (5,40,3): | -0.5600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.34 |
| MA7: | 148.03 | |
| MA20: | 142.92 | |
| MA50: | 132.55 | |
| MA100: | 155.67 | |
| MAexp7: | 147.79 | |
| MAexp20: | 148.11 | |
| MAexp50: | 148.61 | |
| MAexp100: | 148.75 | |
| Price / MA7: | -1.09% | |
| Price / MA20: | +2.44% | |
| Price / MA50: | +10.46% | |
| Price / MA100: | -5.95% | |
| Price / MAexp7: | -0.93% | |
| Price / MAexp20: | -1.15% | |
| Price / MAexp50: | -1.48% | |
| Price / MAexp100: | -1.57% |
Quotes :
-
Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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