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| Price | ▼ 14.10% | ▼ 5.52% | ▲ 4.38% | ▲ 14.56% |
| Energy | ▼ 8.0 | ▼ 7.8 | ▲ 3.4 | ▲ 28.3 |
Trend of Neutral SOLUSD Daily
▸When SOLUSD is in Neutral:
- then SOLUSD moved to higher Market State: 88 times — 47.3%
- then SOLUSD moved to lower Market State: 98 times — 52.7%
▸Current SOLUSD market energy: -8.6%
- Distance to upper bound of Neutral (at 20.88%): 29.48%
- Distance to lower bound of Neutral (at -20.88%): 12.28%
"History always repeats itself, one way or another" — 2AITRADING
As the Daily candle completes, SOLUSD in the balanced Market Energy zone.
At the Daily session close, Market trend energy recorded a +28.3% rise from the previous candle, from -36.9% to -8.6%.
Time in Neutral energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, SOLUSD Market Energy ranged from -40.3 to -8.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOLUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 31-05-2021 closed, SOLUSD was at 32.75, up 14.56% from the previous candle (28.588). Market Energy was -8.6%, up 28.3 points from -36.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did SOLUSD price move on this Daily candle, and how large is that historically?
SOLUSD closed at 32.75, up 14.56% from the previous Daily candle (28.588). This rise is larger than 85% of past rises on the Daily timeframe for SOLUSD, across 292 candles since 2019.
How did SOLUSD Market Energy change from the previous candle?
Market Energy rose 28.3 percentage points from the previous candle — from -36.9% to -8.6%. This rise is larger than 86% of past rises on the Daily timeframe for SOLUSD.
Do SOLUSD price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was SOLUSD in on the previous Daily candle?
The previous Daily candle had SOLUSD at -36.9%, Bear Bias — when this candle closed, SOLUSD moved up to a higher zone: Bear Bias → Neutral.
Where does SOLUSD energy sit within the Neutral zone?
At -8.6%, SOLUSD is 29.48 points from the upper boundary of Neutral (20.88%) and 12.28 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -43.3%; GER40 (European equities) in Neutral with energy 8.9%. Against this backdrop, SOLUSD (Neutral, -8.6%) has higher energy than SPX500; sits in the same state zone as GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bear Bias with Market Energy -45%. SOLUSD energy is currently above DXY by 36.4 points.
See the real-time energy chart for SOLUSD.
Open Energy ChartSee the full 2AiTrading Model data for SOLUSD on the SOLUSD overview →
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