CARDANO - ADA/USD - 15 min. - Technical analysis published on 09/03/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 0.255780 USD
My targets
0.252122 USD (-0.86%)
0.250508 USD (-1.49%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.255780 USD remains possible. It is advisable to trade CARDANO - ADA/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.255780 USD. The next bearish objective for sellers is set at 0.252122 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.250508 USD. In case of crossing, the next objective would be the support located at 0.250268 USD. PS: if there is a bullish break in the resistance located at 0.255780 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.2
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Additional analysis
Quotes
The CARDANO - ADA/USD rating is 0.254303 USD. The price is lower by -0.75% since the last closing and was between 0.253107 USD and 0.256811 USD. This implies that the price is at +0.47% from its lowest and at -0.98% from its highest.0.253107
0.256811
0.254303
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARDANO - ADA/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CARDANO - ADA/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.250268 | 0.254303 | 0.257863 | 0.260895 | 0.266428 |
| Change (%) | -1.59% | - | +1.40% | +2.59% | +4.77% |
| Change | -0.004035 | - | +0.003560 | +0.006592 | +0.012125 |
| Level | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.250508 | 0.252122 | 0.254166 | 0.255780 | 0.257824 | 0.259438 | 0.261482 |
| Camarilla | 0.255205 | 0.255540 | 0.255876 | 0.256211 | 0.256546 | 0.256882 | 0.257217 |
| Woodie | 0.250724 | 0.252230 | 0.254382 | 0.255888 | 0.258040 | 0.259546 | 0.261698 |
| Fibonacci | 0.252122 | 0.253519 | 0.254382 | 0.255780 | 0.257177 | 0.258040 | 0.259438 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.215078 | 0.232673 | 0.244442 | 0.262037 | 0.273806 | 0.291401 | 0.303170 |
| Camarilla | 0.248136 | 0.250828 | 0.253519 | 0.256211 | 0.258903 | 0.261594 | 0.264286 |
| Woodie | 0.212165 | 0.231217 | 0.241529 | 0.260581 | 0.270893 | 0.289945 | 0.300257 |
| Fibonacci | 0.232673 | 0.243890 | 0.250820 | 0.262037 | 0.273254 | 0.280184 | 0.291401 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.150991 | 0.195678 | 0.225445 | 0.270132 | 0.299899 | 0.344586 | 0.374353 |
| Camarilla | 0.234736 | 0.241561 | 0.248386 | 0.255211 | 0.262036 | 0.268861 | 0.275686 |
| Woodie | 0.143530 | 0.191948 | 0.217984 | 0.266402 | 0.292438 | 0.340856 | 0.366892 |
| Fibonacci | 0.195678 | 0.224120 | 0.241691 | 0.270132 | 0.298574 | 0.316145 | 0.344586 |
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): | 48.49 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -3.780029 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.253740 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.254458 | |
| Elder Ray (13): | 0.000124 | |
| Super Trend (3,10): | 0.255755 | |
| Zig ZAG (10): | 0.253910 | |
| VORTEX (21): | 0.9797 | |
| Stochastique (14,3,5): | 38.57 | |
| TEMA (21): | 0.253690 | |
| Williams %R (14): | -42.46 | |
| Chande Momentum Oscillator (20): | 0.000550 | |
| Repulse (5,40,3): | 0.0637 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0163 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.260917 | |
| MA20: | 0.264110 | |
| MA50: | 0.287934 | |
| MA100: | 0.296925 | |
| MAexp7: | 0.253912 | |
| MAexp20: | 0.254088 | |
| MAexp50: | 0.254542 | |
| MAexp100: | 0.254915 | |
| Price / MA7: | -2.53% | |
| Price / MA20: | -3.71% | |
| Price / MA50: | -11.68% | |
| Price / MA100: | -14.35% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.24% |
Quotes :
-
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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