CARDANO - ADA/USDT - 15 min. - Technical analysis published on 02/17/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 0.598267 USDT
My targets
0.566987 USDT (-1.15%)
0.551519 USDT (-3.84%)
My analysis
The bearish trend is currently very strong for CARDANO - ADA/USDT. As long as the price remains below the resistance at 0.598267 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.566987 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.551519 USDT as an objective. Crossing it would then enable sellers to target 0.549205 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
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This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USDT rating is 0.573563 USDT. The price is lower by -4.18% since the last closing and was traded between 0.568872 USDT and 0.599439 USDT over the period. The price is currently at +0.82% from its lowest and -4.32% from its highest.0.568872
0.599439
0.573563
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CARDANO - ADA/USDT in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.530852 | 0.549205 | 0.565390 | 0.573563 | 0.579051 | 0.613736 | 0.662118 |
| Change (%) | -7.45% | -4.25% | -1.42% | - | +0.96% | +7.00% | +15.44% |
| Change | -0.042711 | -0.024358 | -0.008173 | - | +0.005488 | +0.040173 | +0.088555 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.551519 | 0.566987 | 0.582799 | 0.598267 | 0.614079 | 0.629547 | 0.645359 |
| Camarilla | 0.590008 | 0.592875 | 0.595743 | 0.598610 | 0.601477 | 0.604345 | 0.607212 |
| Woodie | 0.551690 | 0.567073 | 0.582970 | 0.598353 | 0.614250 | 0.629633 | 0.645530 |
| Fibonacci | 0.566987 | 0.578936 | 0.586318 | 0.598267 | 0.610216 | 0.617598 | 0.629547 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.93 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -18.586667 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.581898 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.587824 | |
| Elder Ray (13): | -0.004373 | |
| Super Trend (3,10): | 0.587771 | |
| Zig ZAG (10): | 0.578867 | |
| VORTEX (21): | 0.8638 | |
| Stochastique (14,3,5): | 18.25 | |
| TEMA (21): | 0.581259 | |
| Williams %R (14): | -83.19 | |
| Chande Momentum Oscillator (20): | -0.006581 | |
| Repulse (5,40,3): | -0.6097 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0336 | |
| Courbe Coppock: | 0.54 |
| MA7: | 0.572884 | |
| MA20: | 0.534554 | |
| MA50: | 0.532015 | |
| MA100: | 0.507178 | |
| MAexp7: | 0.582193 | |
| MAexp20: | 0.584327 | |
| MAexp50: | 0.587264 | |
| MAexp100: | 0.589916 | |
| Price / MA7: | +0.12% | |
| Price / MA20: | +7.30% | |
| Price / MA50: | +7.81% | |
| Price / MA100: | +13.09% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -1.84% | |
| Price / MAexp50: | -2.33% | |
| Price / MAexp100: | -2.77% |
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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