CARDANO - ADA/USDT - 1H - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Neutral
Technical indicators
67%
6%
28%
My opinion
Neutral between 0.037398 USDT and 0.038429 USDT
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.038429 USDT. The first support is located at 0.037398 USDT. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CARDANO - ADA/USDT.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USDT rating is 0.037670 USDT. The price registered an increase of +0.19% on the session and was between 0.037170 USDT and 0.037830 USDT. This implies that the price is at +1.35% from its lowest and at -0.42% from its highest.0.037170
0.037830
0.037670
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of CARDANO - ADA/USDT indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.036210 | 0.036756 | 0.037398 | 0.037670 | 0.038429 | 0.040008 | 0.040744 |
| Change (%) | -3.88% | -2.43% | -0.72% | - | +2.01% | +6.21% | +8.16% |
| Change | -0.001460 | -0.000914 | -0.000272 | - | +0.000759 | +0.002338 | +0.003074 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Minor |
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 | 0.035557 | 0.036153 | 0.036877 | 0.037473 | 0.038197 | 0.038793 | 0.039517 |
| Camarilla | 0.037237 | 0.037358 | 0.037479 | 0.037600 | 0.037721 | 0.037842 | 0.037963 |
| Woodie | 0.035620 | 0.036185 | 0.036940 | 0.037505 | 0.038260 | 0.038825 | 0.039580 |
| Fibonacci | 0.036153 | 0.036658 | 0.036969 | 0.037473 | 0.037978 | 0.038289 | 0.038793 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025730 | 0.029350 | 0.034850 | 0.038470 | 0.043970 | 0.047590 | 0.053090 |
| Camarilla | 0.037842 | 0.038678 | 0.039514 | 0.040350 | 0.041186 | 0.042022 | 0.042858 |
| Woodie | 0.026670 | 0.029820 | 0.035790 | 0.038940 | 0.044910 | 0.048060 | 0.054030 |
| Fibonacci | 0.029350 | 0.032834 | 0.034986 | 0.038470 | 0.041954 | 0.044106 | 0.047590 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020330 | 0.026650 | 0.033500 | 0.039820 | 0.046670 | 0.052990 | 0.059840 |
| Camarilla | 0.036728 | 0.037936 | 0.039143 | 0.040350 | 0.041557 | 0.042765 | 0.043972 |
| Woodie | 0.020595 | 0.026783 | 0.033765 | 0.039953 | 0.046935 | 0.053123 | 0.060105 |
| Fibonacci | 0.026650 | 0.031681 | 0.034789 | 0.039820 | 0.044851 | 0.047959 | 0.052990 |
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): | 55.04 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 3.920223 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.037459 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.037810 | |
| Elder Ray (13): | 0.000110 | |
| Super Trend (3,10): | 0.038113 | |
| Zig ZAG (10): | 0.037660 | |
| VORTEX (21): | 1.0214 | |
| Stochastique (14,3,5): | 54.33 | |
| TEMA (21): | 0.037452 | |
| Williams %R (14): | -19.30 | |
| Chande Momentum Oscillator (20): | 0.000100 | |
| Repulse (5,40,3): | 0.5349 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0085 | |
| Courbe Coppock: | 1.01 |
| MA7: | 0.038274 | |
| MA20: | 0.038950 | |
| MA50: | 0.040598 | |
| MA100: | 0.041990 | |
| MAexp7: | 0.037456 | |
| MAexp20: | 0.037419 | |
| MAexp50: | 0.037433 | |
| MAexp100: | 0.037669 | |
| Price / MA7: | -1.58% | |
| Price / MA20: | -3.29% | |
| Price / MA50: | -7.21% | |
| Price / MA100: | -10.29% | |
| Price / MAexp7: | +0.57% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +0.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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