CARDANO - ADA/USDT - 15 min. - Technical analysis published on 11/09/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 0.355569 USDT
My targets
0.367132 USDT (+1.08%)
0.373983 USDT (+2.97%)
My analysis
The basic trend is bullish on CARDANO - ADA/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 0.355569 USDT. Sellers would then use the next support located at 0.350857 USDT as an objective. Crossing it would then enable sellers to target 0.344006 USDT. If there is a return to above the resistance located at 0.367132 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 0.373983 USDT and 0.375656 USDT by extension.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2
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Additional analysis
Quotes
CARDANO - ADA/USDT rating 0.363203 USDT. The price registered an increase of +1.54% on the session and was traded between 0.345562 USDT and 0.386338 USDT over the period. The price is currently at +5.11% from its lowest and -5.99% from its highest.0.345562
0.386338
0.363203
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CARDANO - ADA/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of CARDANO - ADA/USDT in 15 min. shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.316100 | 0.329755 | 0.357033 | 0.363203 | 0.375656 | 0.382800 | 0.410000 |
| Change (%) | -12.97% | -9.21% | -1.70% | - | +3.43% | +5.40% | +12.88% |
| Change | -0.047103 | -0.033448 | -0.006170 | - | +0.012453 | +0.019597 | +0.046797 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.339294 | 0.344006 | 0.350857 | 0.355569 | 0.362420 | 0.367132 | 0.373983 |
| Camarilla | 0.354528 | 0.355588 | 0.356648 | 0.357708 | 0.358768 | 0.359828 | 0.360888 |
| Woodie | 0.340364 | 0.344541 | 0.351927 | 0.356104 | 0.363490 | 0.367667 | 0.375053 |
| Fibonacci | 0.344006 | 0.348423 | 0.351152 | 0.355569 | 0.359986 | 0.362715 | 0.367132 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.251724 | 0.268013 | 0.297923 | 0.314212 | 0.344122 | 0.360411 | 0.390321 |
| Camarilla | 0.315128 | 0.319363 | 0.323598 | 0.327833 | 0.332068 | 0.336303 | 0.340538 |
| Woodie | 0.258535 | 0.271418 | 0.304734 | 0.317617 | 0.350933 | 0.363816 | 0.397132 |
| Fibonacci | 0.268013 | 0.285661 | 0.296564 | 0.314212 | 0.331860 | 0.342763 | 0.360411 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.188225 | 0.213832 | 0.253387 | 0.278994 | 0.318549 | 0.344156 | 0.383711 |
| Camarilla | 0.275024 | 0.280997 | 0.286970 | 0.292943 | 0.298916 | 0.304889 | 0.310863 |
| Woodie | 0.195200 | 0.217319 | 0.260362 | 0.282481 | 0.325524 | 0.347643 | 0.390686 |
| Fibonacci | 0.213832 | 0.238724 | 0.254102 | 0.278994 | 0.303886 | 0.319264 | 0.344156 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.70 | |
| MACD (12,26,9): | 0.0026 | |
| Directional Movement: | 3.455463 | |
| AROON (14): | 42.857142 | |
| DEMA (21): | 0.381015 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.376759 | |
| Elder Ray (13): | 0.000060 | |
| Super Trend (3,10): | 0.375171 | |
| Zig ZAG (10): | 0.379186 | |
| VORTEX (21): | 1.0566 | |
| Stochastique (14,3,5): | 49.17 | |
| TEMA (21): | 0.380446 | |
| Williams %R (14): | -68.18 | |
| Chande Momentum Oscillator (20): | 0.001021 | |
| Repulse (5,40,3): | -2.4429 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0983 | |
| Courbe Coppock: | 2.75 |
| MA7: | 0.347606 | |
| MA20: | 0.309114 | |
| MA50: | 0.274105 | |
| MA100: | 0.270855 | |
| MAexp7: | 0.377113 | |
| MAexp20: | 0.377576 | |
| MAexp50: | 0.372867 | |
| MAexp100: | 0.367602 | |
| Price / MA7: | +4.49% | |
| Price / MA20: | +17.50% | |
| Price / MA50: | +32.51% | |
| Price / MA100: | +34.09% | |
| Price / MAexp7: | -3.69% | |
| Price / MAexp20: | -3.81% | |
| Price / MAexp50: | -2.59% | |
| Price / MAexp100: | -1.20% |
Quotes :
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Real time data
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Cryptocompare
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