CARDANO - ADA/USD - 1H - Technical analysis published on 09/20/2023 (GMT)
- 178
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.251854 USD
My targets
0.257785 USD (+1.05%)
0.260211 USD (+2.00%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CARDANO - ADA/USD as long as the price remains well above 0.251854 USD. The buyers' bullish objective is set at 0.257785 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.260211 USD. If there is any crossing, the next objective would be the resistance located at 0.296439 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
6.1
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USD price is 0.255108 USD. The price is lower by -0.01% since the last closing with the lowest point at 0.251052 USD and the highest point at 0.255742 USD. The deviation from the price is +1.62% for the low point and -0.25% for the high point.0.251052
0.255742
0.255108
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 CARDANO - ADA/USD chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
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:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.247175 | 0.251854 | 0.255079 | 0.255108 | 0.257785 | 0.260211 | 0.296439 |
| Change (%) | -3.11% | -1.28% | -0.01% | - | +1.05% | +2.00% | +16.20% |
| Change | -0.007933 | -0.003254 | -0.000029 | - | +0.002677 | +0.005103 | +0.041331 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 0.244180 | 0.247485 | 0.251309 | 0.254614 | 0.258438 | 0.261743 | 0.265567 |
| Camarilla | 0.253172 | 0.253825 | 0.254479 | 0.255132 | 0.255786 | 0.256439 | 0.257093 |
| Woodie | 0.244439 | 0.247615 | 0.251568 | 0.254744 | 0.258697 | 0.261873 | 0.265826 |
| Fibonacci | 0.247485 | 0.250209 | 0.251891 | 0.254614 | 0.257338 | 0.259020 | 0.261743 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.221432 | 0.229092 | 0.239759 | 0.247419 | 0.258086 | 0.265746 | 0.276413 |
| Camarilla | 0.245386 | 0.247066 | 0.248746 | 0.250426 | 0.252106 | 0.253786 | 0.255466 |
| Woodie | 0.222936 | 0.229844 | 0.241263 | 0.248171 | 0.259590 | 0.266498 | 0.277917 |
| Fibonacci | 0.229092 | 0.236093 | 0.240418 | 0.247419 | 0.254420 | 0.258745 | 0.265746 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.61 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 4.137076 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.253538 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.251267 | |
| Elder Ray (13): | 0.001034 | |
| Super Trend (3,10): | 0.251108 | |
| Zig ZAG (10): | 0.254369 | |
| VORTEX (21): | 0.9631 | |
| Stochastique (14,3,5): | 64.41 | |
| TEMA (21): | 0.252995 | |
| Williams %R (14): | -32.11 | |
| Chande Momentum Oscillator (20): | 0.000713 | |
| Repulse (5,40,3): | 0.3710 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0154 | |
| Courbe Coppock: | 1.20 |
| MA7: | 0.251599 | |
| MA20: | 0.252564 | |
| MA50: | 0.267752 | |
| MA100: | 0.281336 | |
| MAexp7: | 0.253595 | |
| MAexp20: | 0.253752 | |
| MAexp50: | 0.253444 | |
| MAexp100: | 0.252326 | |
| Price / MA7: | +1.39% | |
| Price / MA20: | +1.01% | |
| Price / MA50: | -4.72% | |
| Price / MA100: | -9.32% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | +1.10% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CARDANO - ADA/USD - 1H