CARDANO - ADA/USDT - 1H - Technical analysis published on 11/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.775291 USDT
My targets
0.876623 USDT (+7.62%)
1.011643 USDT (+24.20%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CARDANO - ADA/USDT as long as the price remains well above 0.775291 USDT. The buyers' bullish objective is set at 0.876623 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.011643 USDT. If there is any crossing, the next objective would be the resistance located at 1.212000 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARDANO - ADA/USDT rating 0.814538 USDT. The price has increased by +10.28% since the last closing and was traded between 0.738408 USDT and 0.848121 USDT over the period. The price is currently at +10.31% from its lowest and -3.96% from its highest.0.738408
0.848121
0.814538
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARDANO - ADA/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CARDANO - ADA/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of CARDANO - ADA/USDT in 1H shows a strongly overall bullish trend. 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.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.667447 | 0.692758 | 0.775291 | 0.814538 | 0.818455 | 1.212000 |
| Change (%) | -18.06% | -14.95% | -4.82% | - | +0.48% | +48.80% |
| Change | -0.147091 | -0.121780 | -0.039247 | - | +0.003917 | +0.397462 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor |
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 | 0.672898 | 0.696552 | 0.717574 | 0.741228 | 0.762250 | 0.785904 | 0.806926 |
| Camarilla | 0.726310 | 0.730405 | 0.734501 | 0.738596 | 0.742691 | 0.746787 | 0.750882 |
| Woodie | 0.671582 | 0.695894 | 0.716258 | 0.740570 | 0.760934 | 0.785246 | 0.805610 |
| Fibonacci | 0.696552 | 0.713618 | 0.724162 | 0.741228 | 0.758294 | 0.768838 | 0.785904 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.220209 | 0.355229 | 0.548416 | 0.683436 | 0.876623 | 1.011643 | 1.204830 |
| Camarilla | 0.651347 | 0.681433 | 0.711518 | 0.741604 | 0.771690 | 0.801775 | 0.831861 |
| Woodie | 0.249294 | 0.369771 | 0.577501 | 0.697978 | 0.905708 | 1.026185 | 1.233915 |
| Fibonacci | 0.355229 | 0.480604 | 0.558061 | 0.683436 | 0.808811 | 0.886268 | 1.011643 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.259379 | 0.288186 | 0.314986 | 0.343793 | 0.370593 | 0.399400 | 0.426200 |
| Camarilla | 0.326495 | 0.331592 | 0.336690 | 0.341787 | 0.346884 | 0.351982 | 0.357079 |
| Woodie | 0.258377 | 0.287684 | 0.313984 | 0.343291 | 0.369591 | 0.398898 | 0.425198 |
| Fibonacci | 0.288186 | 0.309428 | 0.322551 | 0.343793 | 0.365035 | 0.378158 | 0.399400 |
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): | 65.08 | |
| MACD (12,26,9): | 0.0224 | |
| Directional Movement: | 17.436488 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.828994 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.809765 | |
| Elder Ray (13): | 0.020004 | |
| Super Trend (3,10): | 0.776648 | |
| Zig ZAG (10): | 0.824708 | |
| VORTEX (21): | 1.1827 | |
| Stochastique (14,3,5): | 80.90 | |
| TEMA (21): | 0.840772 | |
| Williams %R (14): | -25.26 | |
| Chande Momentum Oscillator (20): | 0.039341 | |
| Repulse (5,40,3): | -1.0867 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3799 | |
| Courbe Coppock: | 17.74 |
| MA7: | 0.718225 | |
| MA20: | 0.539058 | |
| MA50: | 0.425254 | |
| MA100: | 0.389174 | |
| MAexp7: | 0.825046 | |
| MAexp20: | 0.801118 | |
| MAexp50: | 0.772353 | |
| MAexp100: | 0.744418 | |
| Price / MA7: | +13.41% | |
| Price / MA20: | +51.10% | |
| Price / MA50: | +91.54% | |
| Price / MA100: | +109.30% | |
| Price / MAexp7: | -1.24% | |
| Price / MAexp20: | +1.71% | |
| Price / MAexp50: | +5.50% | |
| Price / MAexp100: | +9.46% |
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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