CARDANO - ADA/USDT - 15 min. - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.738694 USDT
My targets
0.776811 USDT (+3.85%)
0.821081 USDT (+9.77%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.738694 USDT remains possible. It is advisable to trade CARDANO - ADA/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.738694 USDT. The next bullish objective for buyers is set at 0.776811 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.821081 USDT. If there is any crossing, the next objective would be the resistance located at 0.859198 USDT. PS: if there is a bearish break in the support located at 0.738694 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
3.6
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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 0.747978 USDT. The price registered an increase of +2.11% on the session with the lowest point at 0.728949 USDT and the highest point at 0.764882 USDT. The deviation from the price is +2.61% for the low point and -2.21% for the high point.0.728949
0.764882
0.747978
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 15 min. of this CARDANO - ADA/USDT chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.667447 | 0.692758 | 0.746648 | 0.747978 | 0.775291 | 0.818455 | 1.212000 |
| Change (%) | -10.77% | -7.38% | -0.18% | - | +3.65% | +9.42% | +62.04% |
| Change | -0.080531 | -0.055220 | -0.001330 | - | +0.027313 | +0.070477 | +0.464022 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 0.612037 | 0.656307 | 0.694424 | 0.738694 | 0.776811 | 0.821081 | 0.859198 |
| Camarilla | 0.709886 | 0.717438 | 0.724990 | 0.732542 | 0.740094 | 0.747646 | 0.755198 |
| Woodie | 0.608962 | 0.654769 | 0.691349 | 0.737156 | 0.773736 | 0.819543 | 0.856123 |
| Fibonacci | 0.656307 | 0.687779 | 0.707222 | 0.738694 | 0.770166 | 0.789609 | 0.821081 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.220209 | 0.355229 | 0.548416 | 0.683436 | 0.876623 | 1.011643 | 1.204830 |
| Camarilla | 0.651347 | 0.681433 | 0.711518 | 0.741604 | 0.771690 | 0.801775 | 0.831861 |
| Woodie | 0.249294 | 0.369771 | 0.577501 | 0.697978 | 0.905708 | 1.026185 | 1.233915 |
| Fibonacci | 0.355229 | 0.480604 | 0.558061 | 0.683436 | 0.808811 | 0.886268 | 1.011643 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.241566 | 0.279279 | 0.310533 | 0.348246 | 0.379500 | 0.417213 | 0.448467 |
| Camarilla | 0.322821 | 0.329143 | 0.335465 | 0.341787 | 0.348109 | 0.354431 | 0.360753 |
| Woodie | 0.238337 | 0.277664 | 0.307304 | 0.346631 | 0.376271 | 0.415598 | 0.445238 |
| Fibonacci | 0.279279 | 0.305624 | 0.321901 | 0.348246 | 0.374591 | 0.390868 | 0.417213 |
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): | 53.70 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | 3.429433 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.756778 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.748017 | |
| Elder Ray (13): | -0.000332 | |
| Super Trend (3,10): | 0.742224 | |
| Zig ZAG (10): | 0.752258 | |
| VORTEX (21): | 1.0976 | |
| Stochastique (14,3,5): | 61.72 | |
| TEMA (21): | 0.759022 | |
| Williams %R (14): | -41.49 | |
| Chande Momentum Oscillator (20): | 0.003722 | |
| Repulse (5,40,3): | -0.3595 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0793 | |
| Courbe Coppock: | 3.23 |
| MA7: | 0.684367 | |
| MA20: | 0.515620 | |
| MA50: | 0.416092 | |
| MA100: | 0.384464 | |
| MAexp7: | 0.754625 | |
| MAexp20: | 0.751866 | |
| MAexp50: | 0.747168 | |
| MAexp100: | 0.744320 | |
| Price / MA7: | +9.29% | |
| Price / MA20: | +45.06% | |
| Price / MA50: | +79.76% | |
| Price / MA100: | +94.55% | |
| Price / MAexp7: | -0.88% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.49% |
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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