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Crypto Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Solana (CRYPTO:SOLUSD)

Sidelines Mode (-55) - SOLUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SOLUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOLUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CRYPTO_SOLUSD
Open High Low SOLUSD Price Change
136.480 147.445 147.445 144.735 +8.255
Entry Signal

MarketClub’s Trade Triangles for SOLUSD

long term up The long-term trend has been UP since Jul 13th, 2023 at 25.980

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 178.865

short term up The short-term trend has been UP since Apr 19th, 2024 at 143.695

Smart Scan Analysis for SOLUSD

Based on our trend formula, SOLUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SOLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.480 147.445 147.445 144.735 +8.255
Prev. Close Volume Bid Ask Time
136.480 2024-04-19 15:51:51
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