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| Price | ▼ 7.97% | ▲ 2.02% | ▼ 0.48% | ▼ 8.11% |
| Energy | ▼ 46.5 | ▲ 2.5 | ▲ 6.4 | ▼ 10.1 |
Trend of Bear Extreme SOLUSD Daily
▸When SOLUSD is in Bear Extreme:
- then SOLUSD moved to higher Market State: 64 times — 100%
- then SOLUSD moved to lower Market State: 0 times — 0%
▸Current SOLUSD market energy: -87.79%
- Distance to upper bound of Bear Extreme (at -74.5%): 13.29%
- Distance to bottom -100%: 12.21%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed Daily candle, SOLUSD shows the extreme Bear energy state.
Looking at the Market Energy reading, Market Energy dropped -10.1% from the previous candle, from -77.6% to -87.8%.
Time in Bear Extreme energy zone: 4 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 -87.8 to -30.8.
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 19-07-2021 closed, SOLUSD was at 24.509, down 8.11% from the previous candle (26.673). Market Energy was -87.8%, down 10.1 points from -77.6%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did SOLUSD price move on this Daily candle, and how large is that historically?
SOLUSD closed at 24.509, down 8.11% from the previous Daily candle (26.673). This drop is larger than 74% of past drops on the Daily timeframe for SOLUSD, across 341 candles since 2019.
How did SOLUSD Market Energy change from the previous candle?
Market Energy fell 10.1 percentage points from the previous candle — from -77.6% to -87.8%. This drop is larger than 52% of past drops on the Daily timeframe for SOLUSD.
Do SOLUSD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 -77.6%, Bear Extreme — this candle kept the same state, no zone change.
Where does SOLUSD energy sit within the Bear Extreme zone?
At -87.8%, SOLUSD is 13.29 points from the upper boundary of Bear Extreme (-74.5%) and 12.21 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Extreme 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 Extreme with energy -92.8%; GER40 (European equities) in Bear Extreme with energy -95.9%. Against this backdrop, SOLUSD (Bear Extreme, -87.8%) sits in the same state zone as SPX500, 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 Bull Bias with Market Energy 25.9%. SOLUSD (Bear Extreme) and DXY currently sit on opposite sides.
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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