CARDANO - ADA/USDT - 15 min. - Technical analysis published on 12/02/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 1.60 USDT
My targets
1.69 USDT (+1.38%)
1.70 USDT (+1.80%)
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 1.60 USDT. The next resistance located at 1.69 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 1.70 USDT. After this resistance, buyers could then target 1.75 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
7.1
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USDT price is 1.67 USDT. The price registered an increase of +7.74% on the session and was between 1.52 USDT and 1.74 USDT. This implies that the price is at +9.87% from its lowest and at -4.02% from its highest.1.52
1.74
1.67
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARDANO - ADA/USDT:
Technical
Technical analysis of CARDANO - ADA/USDT in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
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:
Support of channel is broken
Type : Bearish
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 | 1.53 | 1.58 | 1.62 | 1.67 | 1.70 | 1.75 | 1.98 |
| Change (%) | -8.38% | -5.39% | -2.99% | - | +1.80% | +4.79% | +18.56% |
| Change | -0.14 | -0.09 | -0.05 | - | +0.03 | +0.08 | +0.31 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.42 | 1.48 | 1.51 | 1.57 | 1.60 | 1.66 | 1.69 |
| Camarilla | 1.53 | 1.53 | 1.54 | 1.55 | 1.56 | 1.57 | 1.58 |
| Woodie | 1.42 | 1.47 | 1.51 | 1.56 | 1.60 | 1.65 | 1.69 |
| Fibonacci | 1.48 | 1.51 | 1.53 | 1.57 | 1.60 | 1.62 | 1.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.97 | 1.23 | 1.39 | 1.65 | 1.81 | 2.07 | 2.23 |
| Camarilla | 1.43 | 1.46 | 1.50 | 1.54 | 1.58 | 1.62 | 1.66 |
| Woodie | 0.91 | 1.21 | 1.33 | 1.63 | 1.75 | 2.05 | 2.17 |
| Fibonacci | 1.23 | 1.39 | 1.49 | 1.65 | 1.81 | 1.91 | 2.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.23 | 0.82 | 1.19 | 1.78 | 2.15 | 2.74 | 3.11 |
| Camarilla | 1.29 | 1.37 | 1.46 | 1.55 | 1.64 | 1.73 | 1.81 |
| Woodie | 0.11 | 0.77 | 1.07 | 1.73 | 2.03 | 2.69 | 2.99 |
| Fibonacci | 0.82 | 1.19 | 1.42 | 1.78 | 2.15 | 2.38 | 2.74 |
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): | 66.87 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 21.70 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 1.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.74 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.65 | |
| Zig ZAG (10): | 1.69 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 72.75 | |
| TEMA (21): | 1.72 | |
| Williams %R (14): | -31.18 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 16.34 |
| MA7: | 1.58 | |
| MA20: | 1.76 | |
| MA50: | 1.95 | |
| MA100: | 2.19 | |
| MAexp7: | 1.69 | |
| MAexp20: | 1.65 | |
| MAexp50: | 1.61 | |
| MAexp100: | 1.59 | |
| Price / MA7: | +5.70% | |
| Price / MA20: | -5.11% | |
| Price / MA50: | -14.36% | |
| Price / MA100: | -23.74% | |
| Price / MAexp7: | -1.18% | |
| Price / MAexp20: | +1.21% | |
| Price / MAexp50: | +3.73% | |
| Price / MAexp100: | +5.03% |
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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