ADADOWN - ADADOWN/USDT
ADADOWN - ADADOWN/USDT
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ADADOWNUSDT
ISIN:

ADADOWN - ADADOWN/USDT - Daily - Technical analysis published on 03/14/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.008366 USDT
My targets
0.009194 USDT (+2.93%)
My analysis
The bullish trend is currently very strong on ADADOWN - ADADOWN/USDT. As long as the price remains above the support at 0.008366 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.009194 USDT. The bullish momentum would be boosted by a break in this resistance. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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 finacian.

Additional analysis

Quotes

The ADADOWN - ADADOWN/USDT price is 0.008932 USDT. The price is lower by -4.78% since the last closing and was between 0.008517 USDT and 0.009697 USDT. This implies that the price is at +4.87% from its lowest and at -7.89% from its highest.

0.008517
0.009697
0.008932

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of ADADOWN - ADADOWN/USDT 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.004784 0.007115 0.008366 0.008932 0.009194
Change (%) -46.44% -20.34% -6.34% - +2.93%
Change -0.004148 -0.001817 -0.000566 - +0.000262
Level Intermediate Minor Intermediate - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0073450.0078770.0086290.0091610.0099130.0104450.011197
Camarilla0.0090270.0091450.0092620.0093800.0094980.0096150.009733
Woodie0.0074540.0079320.0087380.0092160.0100220.0105000.011306
Fibonacci0.0078770.0083680.0086710.0091610.0096520.0099550.010445


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0054310.0064320.0079220.0089230.0104130.0114140.012904
Camarilla0.0087270.0089550.0091840.0094120.0096400.0098690.010097
Woodie0.0056760.0065540.0081670.0090450.0106580.0115360.013149
Fibonacci0.0064320.0073840.0079710.0089230.0098750.0104620.011414


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.004295-0.0002740.0026880.0067090.0096710.0136920.016654
Camarilla0.0037300.0043700.0050100.0056500.0062900.0069300.007570
Woodie-0.004825-0.0005390.0021590.0064440.0091420.0134270.016125
Fibonacci-0.0002740.0023940.0040420.0067090.0093770.0110250.013692

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): 56.50
MACD (12,26,9): 0.0007
Directional Movement: 7.672727
AROON (14): 42.857143
DEMA (21): 0.009084
Parabolic SAR (0,02-0,02-0,2): 0.005699
Elder Ray (13): 0.000543
Super Trend (3,10): 0.005104
Zig ZAG (10): 0.008901
VORTEX (21): 1.0468
Stochastique (14,3,5): 85.76
TEMA (21): 0.009425
Williams %R (14): -21.02
Chande Momentum Oscillator (20): 0.002887
Repulse (5,40,3): 1.0279
ROCnROLL: 1
TRIX (15,9): 1.3335
Courbe Coppock: 66.38
MA7: 0.009024
MA20: 0.007946
MA50: 0.006820
MA100: 0.006598
MAexp7: 0.008964
MAexp20: 0.008169
MAexp50: 0.007236
MAexp100: 0.007117
Price / MA7: -1.02%
Price / MA20: +12.41%
Price / MA50: +30.97%
Price / MA100: +35.37%
Price / MAexp7: -0.36%
Price / MAexp20: +9.34%
Price / MAexp50: +23.44%
Price / MAexp100: +25.50%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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