SOLANA - SOL/EUR - 15 min. - Technical analysis published on 01/19/2023 (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 bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 19.08 EUR
My targets
20.03 EUR (+0.24%)
20.95 EUR (+4.87%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOLANA - SOL/EUR as long as the price remains well above 19.08 EUR. The buyers' bullish objective is set at 20.03 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.95 EUR. If there is any crossing, the next objective would be the resistance located at 22.64 EUR.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1
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Additional analysis
Quotes
SOLANA - SOL/EUR rating 19.98 EUR. The price has increased by +3.68% since the last closing and was between 18.91 EUR and 20.16 EUR. This implies that the price is at +5.66% from its lowest and at -0.89% from its highest.18.91
20.16
19.98
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
Here is a more detailed summary of the historical variations registered by SOLANA - SOL/EUR:
Technical
Technical analysis of this 15 min. chart of SOLANA - SOL/EUR indicates that the overall trend is bullish. 67.86% 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.54 | 15.74 | 19.10 | 19.98 | 20.72 | 21.71 | 22.99 |
| Change (%) | -27.23% | -21.22% | -4.40% | - | +3.70% | +8.66% | +15.07% |
| Change | -5.44 | -4.24 | -0.88 | - | +0.74 | +1.73 | +3.01 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.73 | 17.42 | 18.34 | 20.03 | 20.95 | 22.64 | 23.56 |
| Camarilla | 18.55 | 18.79 | 19.03 | 19.27 | 19.51 | 19.75 | 19.99 |
| Woodie | 15.36 | 17.23 | 17.97 | 19.84 | 20.58 | 22.45 | 23.19 |
| Fibonacci | 17.42 | 18.41 | 19.03 | 20.03 | 21.02 | 21.64 | 22.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.69 | 8.39 | 15.38 | 19.08 | 26.07 | 29.77 | 36.76 |
| Camarilla | 19.43 | 20.41 | 21.39 | 22.37 | 23.35 | 24.33 | 25.31 |
| Woodie | 6.34 | 9.21 | 17.03 | 19.90 | 27.72 | 30.59 | 38.41 |
| Fibonacci | 8.39 | 12.47 | 15.00 | 19.08 | 23.16 | 25.69 | 29.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.14 | 3.85 | 6.57 | 10.28 | 13.00 | 16.71 | 19.43 |
| Camarilla | 7.52 | 8.11 | 8.70 | 9.29 | 9.88 | 10.47 | 11.06 |
| Woodie | -0.36 | 3.60 | 6.08 | 10.03 | 12.51 | 16.46 | 18.94 |
| Fibonacci | 3.85 | 6.31 | 7.82 | 10.28 | 12.74 | 14.25 | 16.71 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.81 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 19.69 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 19.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.43 | |
| Elder Ray (13): | 0.31 | |
| Super Trend (3,10): | 19.65 | |
| Zig ZAG (10): | 20.04 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 91.58 | |
| TEMA (21): | 19.93 | |
| Williams %R (14): | -5.26 | |
| Chande Momentum Oscillator (20): | 0.43 | |
| Repulse (5,40,3): | 0.7400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.87 |
| MA7: | 20.38 | |
| MA20: | 15.46 | |
| MA50: | 13.31 | |
| MA100: | 18.31 | |
| MAexp7: | 19.86 | |
| MAexp20: | 19.66 | |
| MAexp50: | 19.61 | |
| MAexp100: | 19.79 | |
| Price / MA7: | -1.96% | |
| Price / MA20: | +29.24% | |
| Price / MA50: | +50.11% | |
| Price / MA100: | +9.12% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +1.63% | |
| Price / MAexp50: | +1.89% | |
| Price / MAexp100: | +0.96% |
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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