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| Price | ▼ 0.16% | ▼ 0.63% | ▼ 6.67% | ▼ 14.94% |
| Energy | ▼ 8.2 | ▼ 5.6 | ▼ 12.9 | ▼ 62.5 |
Trend of Bear Bias SOLUSD Weekly
▸When SOLUSD is in Bear Bias:
- then SOLUSD moved to higher Market State: 13 times — 59.1%
- then SOLUSD moved to lower Market State: 9 times — 40.9%
▸Current SOLUSD market energy: -51.23%
- Distance to upper bound of Bear Bias (at -20.88%): 30.35%
- Distance to lower bound of Bear Bias (at -60%): 8.77%
"A person's history reveals more than you might think" — 2AITRADING
After the Weekly data updates, SOLUSD classified as trend energy leaning Bear.
Observing the SOLUSD market this session, Market trend energy recorded a -62.5% drop from the previous candle, from 11.3% to -51.2%.
Time in Bear Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What did SOLUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 17-06-2024 closed, SOLUSD was at 128.69, down 14.94% from the previous candle (151.3). Market Energy was -51.2%, down 62.5 points from 11.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did SOLUSD price move on this Weekly candle, and how large is that historically?
SOLUSD closed at 128.69, down 14.94% from the previous Weekly candle (151.3). This drop is larger than 80% of past drops on the Weekly timeframe for SOLUSD, across 200 candles since 2019.
How did SOLUSD Market Energy change from the previous candle?
Market Energy fell 62.5 percentage points from the previous candle — from 11.3% to -51.2%. This drop is larger than 97% of past drops on the Weekly 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 the candle that just closed; it does not say where price goes next.
What state was SOLUSD in on the previous Weekly candle?
The previous Weekly candle had SOLUSD at 11.3%, Neutral — when this candle closed, SOLUSD moved down to a lower zone: Neutral → Bear Bias.
Where does SOLUSD energy sit within the Bear Bias zone?
At -51.2%, SOLUSD is 30.35 points from the upper boundary of Bear Bias (-20.88%) and 8.77 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias 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 Bias 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 Critical with energy 64.2%; GER40 (European equities) in Bear Bias with energy -36%. Against this backdrop, SOLUSD (Bear Bias, -51.2%) lower 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 Neutral with Market Energy -17.4%. SOLUSD energy is currently below DXY by 33.8 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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