KADENA - KDA/USDT - 1H - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.22 USDT
My targets
1.29 USDT (+1.57%)
1.32 USDT (+3.94%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on KADENA - KDA/USDT. This is a positive signal for buyers. As long as the price remains above 1.22 USDT, a purchase could be considered. The first bullish objective is located at 1.29 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.32 USDT as an objective. Crossing it would then enable buyers to target 1.35 USDT. In the event of a return below 1.22 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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Additional analysis
Quotes
The KADENA - KDA/USDT rating is 1.27 USDT. The price has increased by +6.72% since the last closing with the lowest point at 1.15 USDT and the highest point at 1.30 USDT. The deviation from the price is +10.43% for the low point and -2.31% for the high point.1.15
1.30
1.27
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this KADENA - KDA/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.10 | 1.18 | 1.22 | 1.27 | 1.29 | 1.32 | 1.35 |
| Change (%) | -13.39% | -7.09% | -3.94% | - | +1.57% | +3.94% | +6.30% |
| Change | -0.17 | -0.09 | -0.05 | - | +0.02 | +0.05 | +0.08 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 | 1.02 | 1.10 | 1.14 | 1.22 | 1.26 | 1.34 | 1.38 |
| Camarilla | 1.16 | 1.17 | 1.18 | 1.19 | 1.20 | 1.21 | 1.22 |
| Woodie | 1.01 | 1.09 | 1.13 | 1.21 | 1.25 | 1.33 | 1.37 |
| Fibonacci | 1.10 | 1.14 | 1.17 | 1.22 | 1.26 | 1.29 | 1.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.87 | 0.94 | 1.07 | 1.14 | 1.27 | 1.34 | 1.47 |
| Camarilla | 1.15 | 1.16 | 1.18 | 1.20 | 1.22 | 1.24 | 1.26 |
| Woodie | 0.90 | 0.96 | 1.10 | 1.16 | 1.30 | 1.36 | 1.50 |
| Fibonacci | 0.94 | 1.02 | 1.06 | 1.14 | 1.22 | 1.26 | 1.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.37 | 0.62 | 0.91 | 1.16 | 1.45 | 1.70 | 1.99 |
| Camarilla | 1.05 | 1.10 | 1.15 | 1.20 | 1.25 | 1.30 | 1.35 |
| Woodie | 0.39 | 0.63 | 0.93 | 1.17 | 1.47 | 1.71 | 2.01 |
| Fibonacci | 0.62 | 0.83 | 0.95 | 1.16 | 1.37 | 1.49 | 1.70 |
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): | 66.56 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 22.83 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.18 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 1.15 | |
| Zig ZAG (10): | 1.28 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 69.30 | |
| TEMA (21): | 1.23 | |
| Williams %R (14): | -18.79 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | 3.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 7.85 |
| MA7: | 1.20 | |
| MA20: | 1.16 | |
| MA50: | 1.13 | |
| MA100: | 1.03 | |
| MAexp7: | 1.22 | |
| MAexp20: | 1.20 | |
| MAexp50: | 1.21 | |
| MAexp100: | 1.21 | |
| Price / MA7: | +5.83% | |
| Price / MA20: | +9.48% | |
| Price / MA50: | +12.39% | |
| Price / MA100: | +23.30% | |
| Price / MAexp7: | +4.10% | |
| Price / MAexp20: | +5.83% | |
| Price / MAexp50: | +4.96% | |
| Price / MAexp100: | +4.96% |
Quotes :
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Real time data
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