CARDANO - ADA/USDT - 15 min. - Technical analysis published on 03/06/2021 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1.13 USDT
My targets
1.07 USDT (-4.91%)
0.97 USDT (-13.30%)
My analysis
CARDANO - ADA/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.13 USDT. The next support located at 1.07 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.97 USDT. Below this support, sellers could then target 0.91 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by eatpez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USDT price is 1.12 USDT. On the day, this instrument lost -3.45% and was traded between 1.11 USDT and 1.18 USDT over the period. The price is currently at +0.90% from its lowest and -5.08% from its highest.1.11
1.18
1.12
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this CARDANO - ADA/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.94 | 0.99 | 1.04 | 1.12 | 1.12 | 1.19 | 1.27 |
| Change (%) | -16.07% | -11.61% | -7.14% | 0% | - | +6.25% | +13.39% |
| Change | -0.18 | -0.13 | -0.08 | 0 | - | +0.07 | +0.15 |
| Level | Major | Minor | Major | Intermediate | - | Intermediate | 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 | 0.91 | 0.97 | 1.07 | 1.13 | 1.22 | 1.29 | 1.38 |
| Camarilla | 1.11 | 1.13 | 1.14 | 1.16 | 1.17 | 1.19 | 1.20 |
| Woodie | 0.92 | 0.98 | 1.08 | 1.14 | 1.24 | 1.30 | 1.40 |
| Fibonacci | 0.97 | 1.03 | 1.07 | 1.13 | 1.19 | 1.23 | 1.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.27 | 0.55 | 0.91 | 1.19 | 1.55 | 1.83 | 2.19 |
| Camarilla | 1.09 | 1.15 | 1.21 | 1.27 | 1.33 | 1.39 | 1.45 |
| Woodie | 0.31 | 0.57 | 0.95 | 1.21 | 1.59 | 1.85 | 2.23 |
| Fibonacci | 0.55 | 0.80 | 0.95 | 1.19 | 1.44 | 1.59 | 1.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.53 | -0.10 | 0.61 | 1.04 | 1.74 | 2.18 | 2.88 |
| Camarilla | 1.00 | 1.10 | 1.21 | 1.31 | 1.42 | 1.52 | 1.62 |
| Woodie | -0.40 | -0.03 | 0.74 | 1.11 | 1.88 | 2.25 | 3.02 |
| Fibonacci | -0.10 | 0.34 | 0.60 | 1.04 | 1.47 | 1.74 | 2.18 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.37 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -15.79 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 1.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.13 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.14 | |
| Zig ZAG (10): | 1.11 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 15.19 | |
| TEMA (21): | 1.12 | |
| Williams %R (14): | -82.76 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.66 |
| MA7: | 1.20 | |
| MA20: | 1.09 | |
| MA50: | 0.74 | |
| MA100: | 0.47 | |
| MAexp7: | 1.12 | |
| MAexp20: | 1.13 | |
| MAexp50: | 1.14 | |
| MAexp100: | 1.14 | |
| Price / MA7: | -6.67% | |
| Price / MA20: | +2.75% | |
| Price / MA50: | +51.35% | |
| Price / MA100: | +138.30% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.88% | |
| Price / MAexp50: | -1.75% | |
| Price / MAexp100: | -1.75% |
Quotes :
2021-03-06 12:07:48
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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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