CARDANO - ADA/USD - 1H - Technical analysis published on 05/25/2021 (GMT)
- 200
- 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:
Neutral
Technical indicators
17%
61%
22%
My opinion
Neutral between 1.38 USD and 1.56 USD
My targets
-
My analysis
There is no clear trend on CARDANO - ADA/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 1.56 USD. The first support is located at 1.38 USD.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARDANO - ADA/USD rating 1.52 USD. The price registered a decrease of -1.94% on the session and was between 1.44 USD and 1.65 USD. This implies that the price is at +5.56% from its lowest and at -7.88% from its highest.1.44
1.65
1.52
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 a neutral overall trend. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
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 several results that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support 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 | 0.33 | 1.09 | 1.38 | 1.52 | 1.56 | 1.77 | 1.95 |
| Change (%) | -78.29% | -28.29% | -9.21% | - | +2.63% | +16.45% | +28.29% |
| Change | -1.19 | -0.43 | -0.14 | - | +0.04 | +0.25 | +0.43 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 1.00 | 1.13 | 1.34 | 1.47 | 1.68 | 1.81 | 2.02 |
| Camarilla | 1.46 | 1.49 | 1.52 | 1.55 | 1.58 | 1.61 | 1.64 |
| Woodie | 1.04 | 1.15 | 1.38 | 1.49 | 1.72 | 1.83 | 2.06 |
| Fibonacci | 1.13 | 1.26 | 1.34 | 1.47 | 1.60 | 1.68 | 1.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.64 | 0.19 | 0.82 | 1.65 | 2.28 | 3.11 | 3.74 |
| Camarilla | 1.06 | 1.19 | 1.33 | 1.46 | 1.59 | 1.73 | 1.86 |
| Woodie | -0.73 | 0.14 | 0.73 | 1.60 | 2.19 | 3.06 | 3.65 |
| Fibonacci | 0.19 | 0.74 | 1.09 | 1.65 | 2.20 | 2.55 | 3.11 |
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): | 48.90 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -0.58 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 1.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.59 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 1.41 | |
| Zig ZAG (10): | 1.45 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 8.31 | |
| TEMA (21): | 1.52 | |
| Williams %R (14): | -93.11 | |
| Chande Momentum Oscillator (20): | -0.16 | |
| Repulse (5,40,3): | -6.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.3200 | |
| Courbe Coppock: | 4.61 |
| MA7: | 1.52 | |
| MA20: | 1.74 | |
| MA50: | 1.47 | |
| MA100: | 1.30 | |
| MAexp7: | 1.51 | |
| MAexp20: | 1.52 | |
| MAexp50: | 1.49 | |
| MAexp100: | 1.51 | |
| Price / MA7: | -0% | |
| Price / MA20: | -12.64% | |
| Price / MA50: | +3.40% | |
| Price / MA100: | +16.92% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +2.01% | |
| Price / MAexp100: | +0.66% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CARDANO - ADA/USD - 1H