CARDANO - ADA/USDT - 15 min. - Technical analysis published on 11/11/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.369895 USDT
My targets
0.395346 USDT (+4.31%)
0.404587 USDT (+6.74%)
My analysis
CARDANO - ADA/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.369895 USDT. The next resistance located at 0.395346 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.404587 USDT. After this resistance, buyers could then target 0.420797 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.7
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Additional analysis
Quotes
CARDANO - ADA/USDT rating 0.379023 USDT. On the day, this instrument lost -1.79% and was traded between 0.369639 USDT and 0.388688 USDT over the period. The price is currently at +2.54% from its lowest and -2.49% from its highest.0.369639
0.388688
0.379023
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 15 min. chart of CARDANO - ADA/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
Resistance of channel 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 | 0.357033 | 0.362925 | 0.375759 | 0.379023 | 0.382800 | 0.410000 | 1.211600 |
| Change (%) | -5.80% | -4.25% | -0.86% | - | +1.00% | +8.17% | +219.66% |
| Change | -0.021990 | -0.016098 | -0.003264 | - | +0.003777 | +0.030977 | +0.832577 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.344444 | 0.353685 | 0.369895 | 0.379136 | 0.395346 | 0.404587 | 0.420797 |
| Camarilla | 0.379107 | 0.381440 | 0.383773 | 0.386106 | 0.388439 | 0.390772 | 0.393105 |
| Woodie | 0.347930 | 0.355427 | 0.373381 | 0.380878 | 0.398832 | 0.406329 | 0.424283 |
| Fibonacci | 0.353685 | 0.363407 | 0.369413 | 0.379136 | 0.388858 | 0.394864 | 0.404587 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.53 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 0.371000 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.376867 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.373866 | |
| Elder Ray (13): | 0.001219 | |
| Super Trend (3,10): | 0.382284 | |
| Zig ZAG (10): | 0.378129 | |
| VORTEX (21): | 1.0271 | |
| Stochastique (14,3,5): | 89.95 | |
| TEMA (21): | 0.376918 | |
| Williams %R (14): | -17.19 | |
| Chande Momentum Oscillator (20): | 0.003543 | |
| Repulse (5,40,3): | 0.2522 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0350 | |
| Courbe Coppock: | 0.71 |
| MA7: | 0.363753 | |
| MA20: | 0.321663 | |
| MA50: | 0.279804 | |
| MA100: | 0.272686 | |
| MAexp7: | 0.377823 | |
| MAexp20: | 0.377397 | |
| MAexp50: | 0.377290 | |
| MAexp100: | 0.375556 | |
| Price / MA7: | +4.20% | |
| Price / MA20: | +17.83% | |
| Price / MA50: | +35.46% | |
| Price / MA100: | +39.00% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +0.46% | |
| Price / MAexp100: | +0.92% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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