CARDANO - ADA/USD - 1H - Technical analysis published on 09/26/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.093602 USD
My targets
0.103821 USD (+5.45%)
0.107156 USD (+8.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CARDANO - ADA/USD as long as the price remains well above 0.093602 USD. The buyers” bullish objective is set at 0.103821 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.107156 USD. If there is any crossing, the next objective would be the resistance located at 0.135759 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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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 0.098457 USD. The price registered an increase of +1.50% on the session with the lowest point at 0.097014 USD and the highest point at 0.099915 USD. The deviation from the price is +1.49% for the low point and -1.46% for the high point.0.097014
0.099915
0.098457
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of CARDANO - ADA/USD 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.077470 | 0.083300 | 0.089392 | 0.098457 | 0.098580 | 0.107156 | 0.135759 |
Change (%) | -21.32% | -15.39% | -9.21% | - | +0.12% | +8.84% | +37.89% |
Change | -0.020987 | -0.015157 | -0.009065 | - | +0.000123 | +0.008699 | +0.037302 |
Level | Major | Minor | Major | - | Minor | Minor | 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 | 0.070564 | 0.076482 | 0.086743 | 0.092661 | 0.102922 | 0.108840 | 0.119101 |
Camarilla | 0.092554 | 0.094037 | 0.095520 | 0.097003 | 0.098486 | 0.099969 | 0.101452 |
Woodie | 0.072735 | 0.077568 | 0.088914 | 0.093747 | 0.105093 | 0.109926 | 0.121272 |
Fibonacci | 0.076482 | 0.082663 | 0.086481 | 0.092661 | 0.098842 | 0.102660 | 0.108840 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.077186 | 0.083383 | 0.087405 | 0.093602 | 0.097624 | 0.103821 | 0.107843 |
Camarilla | 0.088616 | 0.089553 | 0.090489 | 0.091426 | 0.092363 | 0.093300 | 0.094236 |
Woodie | 0.076098 | 0.082839 | 0.086317 | 0.093058 | 0.096536 | 0.103277 | 0.106755 |
Fibonacci | 0.083383 | 0.087287 | 0.089699 | 0.093602 | 0.097506 | 0.099918 | 0.103821 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.048425 | 0.075284 | 0.098902 | 0.125761 | 0.149379 | 0.176238 | 0.199856 |
Camarilla | 0.108638 | 0.113265 | 0.117892 | 0.122519 | 0.127146 | 0.131773 | 0.136400 |
Woodie | 0.046804 | 0.074474 | 0.097281 | 0.124951 | 0.147758 | 0.175428 | 0.198235 |
Fibonacci | 0.075284 | 0.094567 | 0.106479 | 0.125761 | 0.145044 | 0.156956 | 0.176238 |
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): | 73.72 | |
MACD (12,26,9): | 0.0034 | |
Directional Movement: | 32.762897 | |
AROON (14): | 78.571426 | |
DEMA (21): | 0.098838 | |
Parabolic SAR (0,02-0,02-0,2): | 0.094903 | |
Elder Ray (13): | 0.002151 | |
Super Trend (3,10): | 0.092904 | |
Zig ZAG (10): | 0.098640 | |
VORTEX (21): | 1.2840 | |
Stochastique (14,3,5): | 81.57 | |
TEMA (21): | 0.099584 | |
Williams %R (14): | -16.50 | |
Chande Momentum Oscillator (20): | 0.003530 | |
Repulse (5,40,3): | 1.0666 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.5936 | |
Courbe Coppock: | 14.94 |
MA7: | 0.086422 | |
MA20: | 0.091425 | |
MA50: | 0.110958 | |
MA100: | 0.113347 | |
MAexp7: | 0.097116 | |
MAexp20: | 0.094248 | |
MAexp50: | 0.089086 | |
MAexp100: | 0.086537 | |
Price / MA7: | +13.93% | |
Price / MA20: | +7.69% | |
Price / MA50: | -11.27% | |
Price / MA100: | -13.14% | |
Price / MAexp7: | +1.38% | |
Price / MAexp20: | +4.47% | |
Price / MAexp50: | +10.52% | |
Price / MAexp100: | +13.77% |
Quotes :
2020-09-26 01:23:44
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Real time data
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Cryptocompare
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