CARDANO - ADA/USDT - 1H - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.692758 USDT
My targets
0.746648 USDT (+0.84%)
0.775291 USDT (+4.71%)
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 0.692758 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 0.692758 USDT. The next bullish objective for buyers is set at 0.746648 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.775291 USDT. If there is any crossing, the next objective would be the resistance located at 0.818455 USDT. PS: if there is a bearish break in the support located at 0.692758 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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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 rating is 0.740424 USDT. The price registered an increase of +1.08% on the session and was between 0.728949 USDT and 0.764882 USDT. This implies that the price is at +1.57% from its lowest and at -3.20% from its highest.0.728949
0.764882
0.740424
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARDANO - ADA/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of CARDANO - ADA/USDT indicates that the overall trend is bullish. 75.00% 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.609781 | 0.667447 | 0.692758 | 0.740424 | 0.746648 | 0.775291 | 0.818455 |
| Change (%) | -17.64% | -9.86% | -6.44% | - | +0.84% | +4.71% | +10.54% |
| Change | -0.130643 | -0.072977 | -0.047666 | - | +0.006224 | +0.034867 | +0.078031 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position 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): | 47.51 | |
| MACD (12,26,9): | 0.0028 | |
| Directional Movement: | 0.865010 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.748954 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.732412 | |
| Elder Ray (13): | -0.000919 | |
| Super Trend (3,10): | 0.719768 | |
| Zig ZAG (10): | 0.739149 | |
| VORTEX (21): | 1.0298 | |
| Stochastique (14,3,5): | 58.73 | |
| TEMA (21): | 0.748921 | |
| Williams %R (14): | -70.97 | |
| Chande Momentum Oscillator (20): | -0.002213 | |
| Repulse (5,40,3): | -1.8914 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0506 | |
| Courbe Coppock: | 1.54 |
| MA7: | 0.682949 | |
| MA20: | 0.514857 | |
| MA50: | 0.415773 | |
| MA100: | 0.384304 | |
| MAexp7: | 0.748141 | |
| MAexp20: | 0.745259 | |
| MAexp50: | 0.736760 | |
| MAexp100: | 0.710790 | |
| Price / MA7: | +8.42% | |
| Price / MA20: | +43.81% | |
| Price / MA50: | +78.08% | |
| Price / MA100: | +92.67% | |
| Price / MAexp7: | -1.03% | |
| Price / MAexp20: | -0.65% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | +4.17% |
Quotes :
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Real time data
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Cryptocompare
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