CARDANO - ADA/USDT
CARDANO - ADA/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: ADAUSDT
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CARDANO - ADA/USDT - 1H - Technical analysis published on 11/19/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.746648 USDT
My targets
0.692758 USDT (-5.06%)
0.667447 USDT (-8.53%)
My analysis
The strong short-term decline in CARDANO - ADA/USDT calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.746648 USDT, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.692758 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.667447 USDT as an objective. Crossing it would then enable sellers to target 0.609781 USDT. Be careful, a return to above 0.746648 USDT could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.1

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 jarias81197. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CARDANO - ADA/USDT rating is 0.729671 USDT. On the day, this instrument lost -0.39% with the lowest point at 0.722995 USDT and the highest point at 0.764882 USDT. The deviation from the price is +0.92% for the low point and -4.60% for the high point.

0.722995
0.764882
0.729671

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this CARDANO - ADA/USDT chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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:

Central Patterns

Near horizontal resistance

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


S3S2S1PriceR1R2R3
ProTrendLines 0.609781 0.667447 0.692758 0.729671 0.746648 0.775291 0.818455
Change (%) -16.43% -8.53% -5.06% - +2.33% +6.25% +12.17%
Change -0.119890 -0.062224 -0.036913 - +0.016977 +0.045620 +0.088784
Level Minor Intermediate Intermediate - Minor Major 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
Standard0.6120370.6563070.6944240.7386940.7768110.8210810.859198
Camarilla0.7098860.7174380.7249900.7325420.7400940.7476460.755198
Woodie0.6089620.6547690.6913490.7371560.7737360.8195430.856123
Fibonacci0.6563070.6877790.7072220.7386940.7701660.7896090.821081


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2202090.3552290.5484160.6834360.8766231.0116431.204830
Camarilla0.6513470.6814330.7115180.7416040.7716900.8017750.831861
Woodie0.2492940.3697710.5775010.6979780.9057081.0261851.233915
Fibonacci0.3552290.4806040.5580610.6834360.8088110.8862681.011643


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2415660.2792790.3105330.3482460.3795000.4172130.448467
Camarilla0.3228210.3291430.3354650.3417870.3481090.3544310.360753
Woodie0.2383370.2776640.3073040.3466310.3762710.4155980.445238
Fibonacci0.2792790.3056240.3219010.3482460.3745910.3908680.417213

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): 43.96
MACD (12,26,9): -0.0015
Directional Movement: -2.337429
AROON (14): -50.000000
DEMA (21): 0.740120
Parabolic SAR (0,02-0,02-0,2): 0.759405
Elder Ray (13): -0.011383
Super Trend (3,10): 0.719768
Zig ZAG (10): 0.726654
VORTEX (21): 0.9391
Stochastique (14,3,5): 19.76
TEMA (21): 0.735905
Williams %R (14): -92.18
Chande Momentum Oscillator (20): -0.014722
Repulse (5,40,3): -2.7281
ROCnROLL: 2
TRIX (15,9): 0.0200
Courbe Coppock: 0.51
MA7: 0.681213
MA20: 0.514247
MA50: 0.415547
MA100: 0.384195
MAexp7: 0.736490
MAexp20: 0.741044
MAexp50: 0.736437
MAexp100: 0.713320
Price / MA7: +7.11%
Price / MA20: +41.89%
Price / MA50: +75.59%
Price / MA100: +89.92%
Price / MAexp7: -0.93%
Price / MAexp20: -1.53%
Price / MAexp50: -0.92%
Price / MAexp100: +2.29%

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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