CARDANO - ADA/USDT - 15 min. - Technical analysis published on 02/14/2024 (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
89%
0%
11%
My opinion
Bullish above 0.547944 USDT
My targets
0.591324 USDT (+2.39%)
0.611841 USDT (+5.94%)
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 0.547944 USDT. The next resistance located at 0.591324 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 0.611841 USDT. After this resistance, buyers could then target 0.662118 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARDANO - ADA/USDT rating 0.577512 USDT. On the day, this instrument gained +5.99% with the lowest point at 0.539624 USDT and the highest point at 0.583107 USDT. The deviation from the price is +7.02% for the low point and -0.96% for the high point.0.539624
0.583107
0.577512
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this CARDANO - ADA/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.534716 | 0.547078 | 0.565292 | 0.577512 | 0.579051 | 0.662118 | 1.211600 |
| Change (%) | -7.41% | -5.27% | -2.12% | - | +0.27% | +14.65% | +109.80% |
| Change | -0.042796 | -0.030434 | -0.012220 | - | +0.001539 | +0.084606 | +0.634088 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Intermediate |
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 | 0.501498 | 0.518002 | 0.531440 | 0.547944 | 0.561382 | 0.577886 | 0.591324 |
| Camarilla | 0.536645 | 0.539390 | 0.542134 | 0.544879 | 0.547624 | 0.550368 | 0.553113 |
| Woodie | 0.499966 | 0.517236 | 0.529908 | 0.547178 | 0.559850 | 0.577120 | 0.589792 |
| Fibonacci | 0.518002 | 0.529440 | 0.536506 | 0.547944 | 0.559382 | 0.566448 | 0.577886 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.413837 | 0.443993 | 0.497761 | 0.527917 | 0.581685 | 0.611841 | 0.665609 |
| Camarilla | 0.528451 | 0.536144 | 0.543837 | 0.551530 | 0.559223 | 0.566916 | 0.574609 |
| Woodie | 0.425644 | 0.449896 | 0.509568 | 0.533820 | 0.593492 | 0.617744 | 0.677416 |
| Fibonacci | 0.443993 | 0.476052 | 0.495858 | 0.527917 | 0.559976 | 0.579782 | 0.611841 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.228755 | 0.338243 | 0.417954 | 0.527442 | 0.607153 | 0.716641 | 0.796352 |
| Camarilla | 0.445636 | 0.462980 | 0.480323 | 0.497666 | 0.515009 | 0.532353 | 0.549696 |
| Woodie | 0.213868 | 0.330799 | 0.403067 | 0.519998 | 0.592266 | 0.709197 | 0.781465 |
| Fibonacci | 0.338243 | 0.410517 | 0.455168 | 0.527442 | 0.599716 | 0.644367 | 0.716641 |
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): | 61.19 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 9.241380 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.575417 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.570426 | |
| Elder Ray (13): | 0.002993 | |
| Super Trend (3,10): | 0.568965 | |
| Zig ZAG (10): | 0.576510 | |
| VORTEX (21): | 1.0968 | |
| Stochastique (14,3,5): | 90.21 | |
| TEMA (21): | 0.574699 | |
| Williams %R (14): | -15.14 | |
| Chande Momentum Oscillator (20): | 0.009119 | |
| Repulse (5,40,3): | 0.2677 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0165 | |
| Courbe Coppock: | 1.43 |
| MA7: | 0.549349 | |
| MA20: | 0.518348 | |
| MA50: | 0.533454 | |
| MA100: | 0.500093 | |
| MAexp7: | 0.575551 | |
| MAexp20: | 0.573581 | |
| MAexp50: | 0.569349 | |
| MAexp100: | 0.562894 | |
| Price / MA7: | +5.13% | |
| Price / MA20: | +11.41% | |
| Price / MA50: | +8.26% | |
| Price / MA100: | +15.48% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +0.69% | |
| Price / MAexp50: | +1.43% | |
| Price / MAexp100: | +2.60% |
Quotes :
-
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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