CARDANO - ADA/USDT - 15 min. - Technical analysis published on 02/18/2024 (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
78%
6%
17%
My opinion
Bullish above 0.607153 USDT
My targets
0.665890 USDT (+4.42%)
0.721493 USDT (+13.13%)
My analysis
The bullish trend is currently very strong on CARDANO - ADA/USDT. As long as the price remains above the support at 0.607153 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.665890 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.721493 USDT as an objective. Crossing it would then enable buyers to target 1.211600 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
8.4
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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 0.637732 USDT. The price registered an increase of +4.63% on the session and was between 0.609489 USDT and 0.638995 USDT. This implies that the price is at +4.63% from its lowest and at -0.20% from its highest.0.609489
0.638995
0.637732
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CARDANO - ADA/USDT indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.565390 | 0.579051 | 0.613736 | 0.637732 | 0.662118 | 1.211600 | 2.269000 |
| Change (%) | -11.34% | -9.20% | -3.76% | - | +3.82% | +89.99% | +255.79% |
| Change | -0.072342 | -0.058681 | -0.023996 | - | +0.024386 | +0.573868 | +1.631268 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.540043 | 0.554457 | 0.581992 | 0.596406 | 0.623941 | 0.638355 | 0.665890 |
| Camarilla | 0.597990 | 0.601835 | 0.605681 | 0.609526 | 0.613371 | 0.617217 | 0.621062 |
| Woodie | 0.546603 | 0.557737 | 0.588552 | 0.599686 | 0.630501 | 0.641635 | 0.672450 |
| Fibonacci | 0.554457 | 0.570482 | 0.580382 | 0.596406 | 0.612431 | 0.622331 | 0.638355 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.472724 | 0.501769 | 0.555647 | 0.584692 | 0.638570 | 0.667615 | 0.721493 |
| Camarilla | 0.586722 | 0.594324 | 0.601925 | 0.609526 | 0.617127 | 0.624729 | 0.632330 |
| Woodie | 0.485142 | 0.507977 | 0.568065 | 0.590900 | 0.650988 | 0.673823 | 0.733911 |
| Fibonacci | 0.501769 | 0.533445 | 0.553015 | 0.584692 | 0.616368 | 0.635938 | 0.667615 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 72.82 | |
| MACD (12,26,9): | 0.0042 | |
| Directional Movement: | 22.700874 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.630643 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.620892 | |
| Elder Ray (13): | 0.006785 | |
| Super Trend (3,10): | 0.622826 | |
| Zig ZAG (10): | 0.634576 | |
| VORTEX (21): | 1.1718 | |
| Stochastique (14,3,5): | 95.37 | |
| TEMA (21): | 0.630434 | |
| Williams %R (14): | -0.43 | |
| Chande Momentum Oscillator (20): | 0.010376 | |
| Repulse (5,40,3): | 0.9468 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0819 | |
| Courbe Coppock: | 1.83 |
| MA7: | 0.590347 | |
| MA20: | 0.541495 | |
| MA50: | 0.533290 | |
| MA100: | 0.509970 | |
| MAexp7: | 0.629772 | |
| MAexp20: | 0.625169 | |
| MAexp50: | 0.616301 | |
| MAexp100: | 0.607368 | |
| Price / MA7: | +8.03% | |
| Price / MA20: | +17.77% | |
| Price / MA50: | +19.58% | |
| Price / MA100: | +25.05% | |
| Price / MAexp7: | +1.26% | |
| Price / MAexp20: | +2.01% | |
| Price / MAexp50: | +3.48% | |
| Price / MAexp100: | +5.00% |
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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