CARDANO - ADA/USD - Weekly - Technical analysis published on 03/04/2025 (GMT)
- 396
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 0.774985 USD
My targets
1.133259 USD (+20.44%)
1.229817 USD (+30.70%)
My analysis
The bullish trend is currently very strong on CARDANO - ADA/USD. As long as the price remains above the support at 0.774985 USD, you could try to benefit from the boom. The first bullish objective is located at 1.133259 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.229817 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.6
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 ach_fx86. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USD rating is 0.940946 USD. The price registered an increase of +45.57% over 5 days with the lowest point at 0.579910 USD and the highest point at 1.148429 USD. The deviation from the price is +62.26% for the low point and -18.07% for the high point.0.579910
1.148429
0.940946
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Weekly 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 market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Weekly
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.242963 | 0.452239 | 0.774985 | 0.940946 | 1.133259 | 1.229817 |
| Change (%) | -74.18% | -51.94% | -17.64% | - | +20.44% | +30.70% |
| Change | -0.697983 | -0.488707 | -0.165961 | - | +0.192313 | +0.288871 |
| Level | Minor | Intermediate | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.381682 | 0.603347 | 0.730111 | 0.951776 | 1.078540 | 1.300205 | 1.426969 |
| Camarilla | 0.761058 | 0.792997 | 0.824937 | 0.856876 | 0.888815 | 0.920755 | 0.952694 |
| Woodie | 0.334233 | 0.579622 | 0.682662 | 0.928051 | 1.031091 | 1.276480 | 1.379520 |
| Fibonacci | 0.603347 | 0.736447 | 0.818676 | 0.951776 | 1.084876 | 1.167105 | 1.300205 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.354919 | 0.467415 | 0.563153 | 0.675649 | 0.771387 | 0.883883 | 0.979621 |
| Camarilla | 0.601628 | 0.620716 | 0.639804 | 0.658892 | 0.677980 | 0.697068 | 0.716156 |
| Woodie | 0.346541 | 0.463226 | 0.554775 | 0.671460 | 0.763009 | 0.879694 | 0.971243 |
| Fibonacci | 0.467415 | 0.546960 | 0.596103 | 0.675649 | 0.755194 | 0.804337 | 0.883883 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004429 | 0.252753 | 0.442728 | 0.699910 | 0.889885 | 1.147067 | 1.337042 |
| Camarilla | 0.509736 | 0.550725 | 0.591715 | 0.632704 | 0.673693 | 0.714683 | 0.755672 |
| Woodie | -0.038032 | 0.235951 | 0.409126 | 0.683108 | 0.856283 | 1.130265 | 1.303440 |
| Fibonacci | 0.252753 | 0.423567 | 0.529096 | 0.699910 | 0.870724 | 0.976253 | 1.147067 |
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): | 57.45 | |
| MACD (12,26,9): | 0.0706 | |
| Directional Movement: | 8.015425 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.895174 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.193553 | |
| Elder Ray (13): | 0.088653 | |
| Super Trend (3,10): | 1.288547 | |
| Zig ZAG (10): | 0.937491 | |
| VORTEX (21): | 1.0612 | |
| Stochastique (14,3,5): | 34.02 | |
| TEMA (21): | 0.889814 | |
| Williams %R (14): | -48.21 | |
| Chande Momentum Oscillator (20): | -0.166329 | |
| Repulse (5,40,3): | 9.6082 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.5135 | |
| Courbe Coppock: | 60.02 |
| MA7: | 0.789133 | |
| MA20: | 0.774413 | |
| MA50: | 0.850676 | |
| MA100: | 0.932738 | |
| MAexp7: | 0.823081 | |
| MAexp20: | 0.785907 | |
| MAexp50: | 0.655039 | |
| MAexp100: | 0.583570 | |
| Price / MA7: | +19.24% | |
| Price / MA20: | +21.50% | |
| Price / MA50: | +10.61% | |
| Price / MA100: | +0.88% | |
| Price / MAexp7: | +14.32% | |
| Price / MAexp20: | +19.73% | |
| Price / MAexp50: | +43.65% | |
| Price / MAexp100: | +61.24% |
Quotes :
-
Real time data
-
CoinMarketCap
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 - Weekly