CARDANO - ADA/USD - 15 min. - Technical analysis published on 06/10/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 1.58 USD
My targets
1.68 USD (+4.81%)
1.72 USD (+7.69%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.58 USD remains possible. It is advisable to trade CARDANO - ADA/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.58 USD. The next bullish objective for buyers is set at 1.68 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.72 USD. If there is any crossing, the next objective would be the resistance located at 1.82 USD. PS: if there is a bearish break in the support located at 1.58 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
CARDANO - ADA/USD rating 1.60 USD. The price is lower by -1.84% since the last closing and was traded between 1.60 USD and 1.64 USD over the period. The price is currently at 0% from its lowest and -2.44% from its highest.1.60
1.64
1.60
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARDANO - ADA/USD:
Technical
Technical analysis of this 15 min. chart of CARDANO - ADA/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.38 | 1.47 | 1.57 | 1.60 | 1.61 | 1.65 | 1.71 |
| Change (%) | -13.75% | -8.13% | -1.88% | - | +0.63% | +3.13% | +6.88% |
| Change | -0.22 | -0.13 | -0.03 | - | +0.01 | +0.05 | +0.11 |
| Level | Major | Minor | Minor | - | Major | 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 | 1.40 | 1.44 | 1.54 | 1.58 | 1.68 | 1.72 | 1.82 |
| Camarilla | 1.59 | 1.60 | 1.62 | 1.63 | 1.64 | 1.66 | 1.67 |
| Woodie | 1.42 | 1.46 | 1.56 | 1.60 | 1.70 | 1.74 | 1.84 |
| Fibonacci | 1.44 | 1.50 | 1.53 | 1.58 | 1.64 | 1.67 | 1.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.09 | 1.38 | 1.63 | 1.92 | 2.17 | 2.46 |
| Camarilla | 1.51 | 1.56 | 1.61 | 1.66 | 1.71 | 1.76 | 1.81 |
| Woodie | 0.85 | 1.10 | 1.39 | 1.64 | 1.93 | 2.18 | 2.47 |
| Fibonacci | 1.09 | 1.30 | 1.43 | 1.63 | 1.84 | 1.97 | 2.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.45 | 0.28 | 1.01 | 1.74 | 2.47 | 3.20 | 3.93 |
| Camarilla | 1.34 | 1.47 | 1.61 | 1.74 | 1.87 | 2.01 | 2.14 |
| Woodie | -0.45 | 0.28 | 1.01 | 1.74 | 2.47 | 3.20 | 3.93 |
| Fibonacci | 0.28 | 0.84 | 1.18 | 1.74 | 2.30 | 2.64 | 3.20 |
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): | 52.96 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 3.00 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 1.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.60 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.59 | |
| Zig ZAG (10): | 1.61 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 38.47 | |
| TEMA (21): | 1.62 | |
| Williams %R (14): | -89.09 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.70 |
| MA7: | 1.63 | |
| MA20: | 1.62 | |
| MA50: | 1.58 | |
| MA100: | 1.39 | |
| MAexp7: | 1.61 | |
| MAexp20: | 1.61 | |
| MAexp50: | 1.60 | |
| MAexp100: | 1.58 | |
| Price / MA7: | -1.84% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | +1.27% | |
| Price / MA100: | +15.11% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +1.27% |
Quotes :
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Real time data
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