CARDANO (X100) - ADA/BTC - 1H - Technical analysis published on 01/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.002900 BTC
My targets
0.002975 BTC (+1.36%)
0.003102 BTC (+5.69%)
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 0.002900 BTC remains possible. It is advisable to trade CARDANO (X100) - ADA/BTC with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.002900 BTC. The next bullish objective for buyers is set at 0.002975 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.003102 BTC. If there is any crossing, the next objective would be the resistance located at 0.004165 BTC. PS: if there is a bearish break in the support located at 0.002900 BTC 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.4
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This analysis was given by acruciani. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARDANO (X100) - ADA/BTC rating 0.002935 BTC. The price registered an increase of +1.14% on the session and was traded between 0.002886 BTC and 0.003052 BTC over the period. The price is currently at +1.70% from its lowest and -3.83% from its highest.0.002886
0.003052
0.002935
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.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CARDANO (X100) - ADA/BTC indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.002768 | 0.002831 | 0.002900 | 0.002935 | 0.002975 | 0.003102 | 0.004165 |
| Change (%) | -5.69% | -3.54% | -1.19% | - | +1.36% | +5.69% | +41.91% |
| Change | -0.000167 | -0.000104 | -0.000035 | - | +0.000040 | +0.000167 | +0.001230 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002627 | 0.002757 | 0.002830 | 0.002960 | 0.003033 | 0.003163 | 0.003236 |
| Camarilla | 0.002846 | 0.002865 | 0.002883 | 0.002902 | 0.002921 | 0.002939 | 0.002958 |
| Woodie | 0.002598 | 0.002743 | 0.002801 | 0.002946 | 0.003004 | 0.003149 | 0.003207 |
| Fibonacci | 0.002757 | 0.002835 | 0.002883 | 0.002960 | 0.003038 | 0.003086 | 0.003163 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002308 | 0.002476 | 0.002660 | 0.002828 | 0.003012 | 0.003180 | 0.003364 |
| Camarilla | 0.002746 | 0.002779 | 0.002811 | 0.002843 | 0.002875 | 0.002908 | 0.002940 |
| Woodie | 0.002315 | 0.002480 | 0.002667 | 0.002832 | 0.003019 | 0.003184 | 0.003371 |
| Fibonacci | 0.002476 | 0.002611 | 0.002694 | 0.002828 | 0.002963 | 0.003046 | 0.003180 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001921 | 0.002226 | 0.002529 | 0.002834 | 0.003137 | 0.003442 | 0.003745 |
| Camarilla | 0.002665 | 0.002721 | 0.002776 | 0.002832 | 0.002888 | 0.002944 | 0.002999 |
| Woodie | 0.001920 | 0.002226 | 0.002528 | 0.002834 | 0.003136 | 0.003442 | 0.003744 |
| Fibonacci | 0.002226 | 0.002458 | 0.002602 | 0.002834 | 0.003066 | 0.003210 | 0.003442 |
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): | 48.09 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.898143 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.002953 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.003030 | |
| Elder Ray (13): | -0.000007 | |
| Super Trend (3,10): | 0.002925 | |
| Zig ZAG (10): | 0.002941 | |
| VORTEX (21): | 1.0571 | |
| Stochastique (14,3,5): | 23.26 | |
| TEMA (21): | 0.002947 | |
| Williams %R (14): | -81.88 | |
| Chande Momentum Oscillator (20): | 0.000002 | |
| Repulse (5,40,3): | -0.2692 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0293 | |
| Courbe Coppock: | 1.74 |
| MA7: | 0.002846 | |
| MA20: | 0.002875 | |
| MA50: | 0.002796 | |
| MA100: | 0.003083 | |
| MAexp7: | 0.002945 | |
| MAexp20: | 0.002947 | |
| MAexp50: | 0.002930 | |
| MAexp100: | 0.002897 | |
| Price / MA7: | +3.13% | |
| Price / MA20: | +2.09% | |
| Price / MA50: | +4.97% | |
| Price / MA100: | -4.80% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +1.31% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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