Analysis

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Candle close
Price and energy
SOLUSD from 181.73 to 183.43, up 0.94%
Market Energy Bull Bias 52.6% to Bull Extreme 83.7%, up 31.1 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.29%▼ 0.97%▲ 1.44%▲ 0.94%
Energy▼ 5.3▼ 41.4▲ 33.5▲ 31.1
Volatility trend chart · last 4 sessions
▲ 0.29%▼ 0.97%▲ 1.44%▲ 0.94%▼ 5.3▼ 41.4▲ 33.5▲ 31.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.94% — higher than 66% of past rises
0%255075100%
Energy up 31.1 pts — higher than 84% of past rises
RESEARCH

Trend of Bull Extreme SOLUSD 1H

Sample: 53,907 1H candles from 2020-08-11 to 2026-10-06
Number of Bull Extreme occurrences: 1,805 times

▸When SOLUSD is in Bull Extreme:

  • then SOLUSD moved to higher Market State: 0 times — 0%
  • then SOLUSD moved to lower Market State: 1,805 times — 100%

▸Current SOLUSD market energy: 83.7%

  • Distance to peak 100%: 16.3%
  • Distance to lower bound of Bull Extreme (at 74.5%): 9.2%

"Does history really repeat itself?" — 2AITRADING

SOLUSD · H1 · 2024-07-31 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
52.6%
Bull Bias
83.7%
Bull Extreme
77.8%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Observing the completed 1H candle, Market SOLUSD in Bull Extreme.

Market trend energy Market Energy moved from 52.6% to 83.7%, up +31.1% from the previous candle.

Time in Bull Extreme energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, SOLUSD Market Energy ranged from -86.2 to +98.5.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did SOLUSD price and energy show when this 1H candle closed?

When the 1H candle at 13:00 on 31-07-2024 closed, SOLUSD was at 183.43, up 0.94% from the previous candle (181.73). Market Energy was 83.7%, up 31.1 points from 52.6%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did SOLUSD price move on this 1H candle, and how large is that historically?

SOLUSD closed at 183.43, up 0.94% from the previous 1H candle (181.73). This rise is larger than 66% of past rises on the 1H timeframe for SOLUSD, across 34,779 candles since 2019.

How did SOLUSD Market Energy change from the previous candle?

Market Energy rose 31.1 percentage points from the previous candle — from 52.6% to 83.7%. This rise is larger than 84% of past rises on the 1H timeframe for SOLUSD.

Do SOLUSD price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was SOLUSD in on the previous 1H candle?

The previous 1H candle had SOLUSD at 52.6%, Bull Bias — when this candle closed, SOLUSD moved up to a higher zone: Bull Bias → Bull Extreme.

Where does SOLUSD energy sit within the Bull Extreme zone?

At 83.7%, SOLUSD is 16.3 points from the upper boundary of Bull Extreme (100%) and 9.2 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Bull Extreme with energy 90.1%; GER40 (European equities) in Bull Bias with energy 51.3%. Against this backdrop, SOLUSD (Bull Extreme, 83.7%) has higher energy than GER40; sits in the same state zone as SPX500.

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 -47.6%. SOLUSD (Bull Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for SOLUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for SOLUSD on the SOLUSD overview →

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