CARDANO - ADA/USD - 1H - Technical analysis published on 08/26/2020 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 0.113794 USD and 0.117719 USD
My targets
-
My analysis
The short-term increase on CARDANO - ADA/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.117719 USD. The first support is located at 0.113794 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USD rating is 0.116718 USD. The price has increased by +3.29% since the last closing and was traded between 0.110303 USD and 0.118193 USD over the period. The price is currently at +5.82% from its lowest and -1.25% from its highest.0.110303
0.118193
0.116718
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on CARDANO - ADA/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of CARDANO - ADA/USD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.051820 | 0.095614 | 0.105365 | 0.116718 | 0.117719 | 0.126997 | 0.136276 |
| Change (%) | -55.60% | -18.08% | -9.73% | - | +0.86% | +8.81% | +16.76% |
| Change | -0.064898 | -0.021104 | -0.011353 | - | +0.001001 | +0.010279 | +0.019558 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 0.085599 | 0.095482 | 0.104241 | 0.114124 | 0.122883 | 0.132766 | 0.141525 |
| Camarilla | 0.107874 | 0.109582 | 0.111291 | 0.113000 | 0.114709 | 0.116418 | 0.118127 |
| Woodie | 0.085037 | 0.095201 | 0.103679 | 0.113843 | 0.122321 | 0.132485 | 0.140963 |
| Fibonacci | 0.095482 | 0.102603 | 0.107003 | 0.114124 | 0.121245 | 0.125645 | 0.132766 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086136 | 0.102168 | 0.113794 | 0.129826 | 0.141452 | 0.157484 | 0.169110 |
| Camarilla | 0.117814 | 0.120349 | 0.122885 | 0.125420 | 0.127955 | 0.130491 | 0.133026 |
| Woodie | 0.083933 | 0.101067 | 0.111591 | 0.128725 | 0.139249 | 0.156383 | 0.166907 |
| Fibonacci | 0.102168 | 0.112733 | 0.119261 | 0.129826 | 0.140391 | 0.146919 | 0.157484 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023790 | 0.053108 | 0.096105 | 0.125423 | 0.168420 | 0.197738 | 0.240735 |
| Camarilla | 0.119214 | 0.125843 | 0.132472 | 0.139101 | 0.145730 | 0.152359 | 0.158988 |
| Woodie | 0.030629 | 0.056528 | 0.102944 | 0.128843 | 0.175259 | 0.201158 | 0.247574 |
| Fibonacci | 0.053108 | 0.080733 | 0.097799 | 0.125423 | 0.153048 | 0.170114 | 0.197738 |
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): | 57.79 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 4.098866 | |
| AROON (14): | 28.571426 | |
| DEMA (21): | 0.113862 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.111639 | |
| Elder Ray (13): | 0.002157 | |
| Super Trend (3,10): | 0.116869 | |
| Zig ZAG (10): | 0.116884 | |
| VORTEX (21): | 1.1229 | |
| Stochastique (14,3,5): | 82.03 | |
| TEMA (21): | 0.115404 | |
| Williams %R (14): | -16.88 | |
| Chande Momentum Oscillator (20): | 0.002929 | |
| Repulse (5,40,3): | 0.7118 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1159 | |
| Courbe Coppock: | 4.26 |
| MA7: | 0.122485 | |
| MA20: | 0.133465 | |
| MA50: | 0.132733 | |
| MA100: | 0.105653 | |
| MAexp7: | 0.115304 | |
| MAexp20: | 0.114585 | |
| MAexp50: | 0.116544 | |
| MAexp100: | 0.119653 | |
| Price / MA7: | -4.71% | |
| Price / MA20: | -12.55% | |
| Price / MA50: | -12.07% | |
| Price / MA100: | +10.47% | |
| Price / MAexp7: | +1.23% | |
| Price / MAexp20: | +1.86% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | -2.45% |
Quotes :
2020-08-26 17:52:00
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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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