CARDANO - ADA/USD - 1H - Technical analysis published on 05/18/2021 (GMT)
- 180
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 2.01 USD and 2.13 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 2.01 USD. The first resistance is located at 2.13 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USD price is 2.08 USD. The price registered an increase of +2.46% on the session with the lowest point at 2.00 USD and the highest point at 2.15 USD. The deviation from the price is +4.00% for the low point and -3.26% for the high point.2.00
2.15
2.08
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:
Technical
Technical analysis of CARDANO - ADA/USD in 1H shows an overall slightly bearish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently 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
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
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 | 1.56 | 1.77 | 2.01 | 2.08 | 2.13 | 2.25 | 2.38 |
| Change (%) | -25.00% | -14.90% | -3.37% | - | +2.40% | +8.17% | +14.42% |
| Change | -0.52 | -0.31 | -0.07 | - | +0.05 | +0.17 | +0.30 |
| Level | Major | Major | Minor | - | Intermediate | 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 | 1.43 | 1.67 | 1.85 | 2.09 | 2.27 | 2.51 | 2.69 |
| Camarilla | 1.92 | 1.95 | 1.99 | 2.03 | 2.07 | 2.11 | 2.15 |
| Woodie | 1.40 | 1.66 | 1.82 | 2.08 | 2.24 | 2.50 | 2.66 |
| Fibonacci | 1.67 | 1.83 | 1.93 | 2.09 | 2.25 | 2.35 | 2.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.75 | 1.11 | 1.65 | 2.01 | 2.55 | 2.91 | 3.45 |
| Camarilla | 1.93 | 2.02 | 2.10 | 2.18 | 2.26 | 2.35 | 2.43 |
| Woodie | 0.83 | 1.16 | 1.73 | 2.06 | 2.63 | 2.96 | 3.53 |
| Fibonacci | 1.11 | 1.46 | 1.67 | 2.01 | 2.36 | 2.57 | 2.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.34 | 0.62 | 0.99 | 1.27 | 1.64 | 1.92 | 2.29 |
| Camarilla | 1.17 | 1.23 | 1.29 | 1.35 | 1.41 | 1.47 | 1.53 |
| Woodie | 0.38 | 0.64 | 1.03 | 1.29 | 1.68 | 1.94 | 2.33 |
| Fibonacci | 0.62 | 0.87 | 1.03 | 1.27 | 1.52 | 1.68 | 1.92 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.16 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.20 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 2.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.03 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 2.25 | |
| Zig ZAG (10): | 2.13 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 78.32 | |
| TEMA (21): | 2.10 | |
| Williams %R (14): | -14.77 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 6.60 |
| MA7: | 2.02 | |
| MA20: | 1.68 | |
| MA50: | 1.42 | |
| MA100: | 1.26 | |
| MAexp7: | 2.10 | |
| MAexp20: | 2.09 | |
| MAexp50: | 2.12 | |
| MAexp100: | 2.09 | |
| Price / MA7: | +2.97% | |
| Price / MA20: | +23.81% | |
| Price / MA50: | +46.48% | |
| Price / MA100: | +65.08% | |
| Price / MAexp7: | -0.95% | |
| Price / MAexp20: | -0.48% | |
| Price / MAexp50: | -1.89% | |
| Price / MAexp100: | -0.48% |
Quotes :
-
Real time data
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Cryptocompare
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