CARDANO - ADA/USD
CARDANO - ADA/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: ADAUSD
ISIN:

CARDANO - ADA/USD - 15 min. - Technical analysis published on 05/13/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.83 USD
My targets
1.92 USD (+3.78%)
2.02 USD (+9.19%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CARDANO - ADA/USD. As long as you are above the support located at 1.83 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.92 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2.02 USD as an objective. If the support 1.83 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by cryptout. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The CARDANO - ADA/USD rating is 1.85 USD. On the day, this instrument gained +18.59% with the lowest point at 1.48 USD and the highest point at 1.96 USD. The deviation from the price is +25.00% for the low point and -5.61% for the high point.

1.48
1.96
1.85

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this CARDANO - ADA/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1.67 1.75 1.82 1.85
Change (%) -9.73% -5.41% -1.62% -
Change -0.18 -0.10 -0.03 -
Level Minor Intermediate Major -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.181.361.461.641.741.922.02
Camarilla1.481.511.531.561.591.611.64
Woodie1.141.341.421.621.701.901.98
Fibonacci1.361.471.531.641.751.811.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.851.051.341.541.832.032.32
Camarilla1.491.531.581.621.671.711.76
Woodie0.891.071.381.561.872.052.36
Fibonacci1.051.241.361.541.731.852.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.340.620.991.271.641.922.29
Camarilla1.171.231.291.351.411.471.53
Woodie0.380.641.031.291.681.942.33
Fibonacci0.620.871.031.271.521.681.92

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): 61.99
MACD (12,26,9): 0.0500
Directional Movement: 18.03
AROON (14): 64.28
DEMA (21): 1.91
Parabolic SAR (0,02-0,02-0,2): 1.85
Elder Ray (13): 0.02
Super Trend (3,10): 1.80
Zig ZAG (10): 1.91
VORTEX (21): 1.1500
Stochastique (14,3,5): 72.52
TEMA (21): 1.94
Williams %R (14): -19.71
Chande Momentum Oscillator (20): 0.11
Repulse (5,40,3): 2.2200
ROCnROLL: 1
TRIX (15,9): 0.3700
Courbe Coppock: 10.49
MA7: 1.70
MA20: 1.46
MA50: 1.33
MA100: 1.18
MAexp7: 1.89
MAexp20: 1.85
MAexp50: 1.79
MAexp100: 1.75
Price / MA7: +8.82%
Price / MA20: +26.71%
Price / MA50: +39.10%
Price / MA100: +56.78%
Price / MAexp7: -2.12%
Price / MAexp20: -0%
Price / MAexp50: +3.35%
Price / MAexp100: +5.71%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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