Londinia Opportunities Analyses - 01/28/2023 (GMT) SOLANA (X100000) - SOL/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | SOLETH |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1,514.71 ETH
My targets
1,563.71 ETH (+1.72%)
1,580.67 ETH (+2.82%)
My analysis
SOLANA (X100000) - SOL/ETH 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 1,514.71 ETH. The next resistance located at 1,563.71 ETH is the next bullish objective 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 1,580.67 ETH. After this resistance, buyers could then target 1,984.53 ETH. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
SOLANA (X100000) - SOL/ETH rating 1,537.34 ETH. The price registered an increase of +0.55% on the session and was traded between 1,521.92 ETH and 1,554.13 ETH over the period. The price is currently at +1.01% from its lowest and -1.08% from its highest.1,521.92
1,554.13
1,537.34
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SOLANA (X100000) - SOL/ETH chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,464.00 | 1,490.48 | 1,514.71 | 1,537.34 | 1,563.71 | 1,580.67 | 1,984.53 |
| Change (%) | -4.77% | -3.05% | -1.47% | - | +1.72% | +2.82% | +29.09% |
| Change | -73.34 | -46.86 | -22.63 | - | +26.37 | +43.33 | +447.19 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | 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 | 1,446.97 | 1,468.82 | 1,498.91 | 1,520.76 | 1,550.85 | 1,572.70 | 1,602.79 |
| Camarilla | 1,514.72 | 1,519.48 | 1,524.24 | 1,529.00 | 1,533.76 | 1,538.52 | 1,543.28 |
| Woodie | 1,451.09 | 1,470.88 | 1,503.03 | 1,522.82 | 1,554.97 | 1,574.76 | 1,606.91 |
| Fibonacci | 1,468.82 | 1,488.66 | 1,500.92 | 1,520.76 | 1,540.60 | 1,552.86 | 1,572.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,133.14 | 1,241.29 | 1,375.89 | 1,484.04 | 1,618.64 | 1,726.79 | 1,861.39 |
| Camarilla | 1,443.72 | 1,465.98 | 1,488.23 | 1,510.48 | 1,532.73 | 1,554.98 | 1,577.24 |
| Woodie | 1,146.36 | 1,247.90 | 1,389.11 | 1,490.65 | 1,631.86 | 1,733.40 | 1,874.61 |
| Fibonacci | 1,241.29 | 1,334.02 | 1,391.31 | 1,484.04 | 1,576.77 | 1,634.06 | 1,726.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 174.37 | 422.33 | 627.65 | 875.61 | 1,080.93 | 1,328.89 | 1,534.21 |
| Camarilla | 708.33 | 749.88 | 791.43 | 832.98 | 874.53 | 916.08 | 957.63 |
| Woodie | 153.06 | 411.67 | 606.34 | 864.95 | 1,059.62 | 1,318.23 | 1,512.90 |
| Fibonacci | 422.33 | 595.48 | 702.45 | 875.61 | 1,048.76 | 1,155.73 | 1,328.89 |
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): | 57.49 | |
| MACD (12,26,9): | 4.9800 | |
| Directional Movement: | 11.33 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1,530.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,527.00 | |
| Elder Ray (13): | 5.33 | |
| Super Trend (3,10): | 1,504.53 | |
| Zig ZAG (10): | 1,531.96 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 53.06 | |
| TEMA (21): | 1,534.32 | |
| Williams %R (14): | -48.82 | |
| Chande Momentum Oscillator (20): | 6.50 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.85 |
| MA7: | 1,507.45 | |
| MA20: | 1,420.27 | |
| MA50: | 1,163.23 | |
| MA100: | 1,323.86 | |
| MAexp7: | 1,531.71 | |
| MAexp20: | 1,524.78 | |
| MAexp50: | 1,520.02 | |
| MAexp100: | 1,513.20 | |
| Price / MA7: | +1.98% | |
| Price / MA20: | +8.24% | |
| Price / MA50: | +32.16% | |
| Price / MA100: | +16.13% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.82% | |
| Price / MAexp50: | +1.14% | |
| Price / MAexp100: | +1.60% |
Quotes :
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Real time data
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