CARDANO - ADA/USD - 1H - Technical analysis published on 10/19/2024 (GMT)
- 165
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Neutral between 0.339028 USD and 0.360148 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.339028 USD. The first resistance is located at 0.360148 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARDANO - ADA/USD rating 0.350254 USD. The price registered a decrease of -0.09% on the session and was traded between 0.349435 USD and 0.357199 USD over the period. The price is currently at +0.23% from its lowest and -1.94% from its highest.0.349435
0.357199
0.350254
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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CARDANO - ADA/USD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.242964 | 0.313632 | 0.339028 | 0.350254 | 0.350908 | 0.360148 | 0.393810 |
| Change (%) | -30.63% | -10.46% | -3.21% | - | +0.19% | +2.82% | +12.44% |
| Change | -0.107290 | -0.036622 | -0.011226 | - | +0.000654 | +0.009894 | +0.043556 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | 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 | 0.333385 | 0.337754 | 0.344180 | 0.348549 | 0.354975 | 0.359344 | 0.365770 |
| Camarilla | 0.347638 | 0.348628 | 0.349618 | 0.350607 | 0.351597 | 0.352586 | 0.353576 |
| Woodie | 0.334415 | 0.338268 | 0.345210 | 0.349063 | 0.356005 | 0.359858 | 0.366800 |
| Fibonacci | 0.337754 | 0.341877 | 0.344425 | 0.348549 | 0.352672 | 0.355220 | 0.359344 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.296112 | 0.313590 | 0.333321 | 0.350799 | 0.370530 | 0.388008 | 0.407739 |
| Camarilla | 0.342820 | 0.346230 | 0.349641 | 0.353052 | 0.356463 | 0.359874 | 0.363285 |
| Woodie | 0.297239 | 0.314153 | 0.334448 | 0.351362 | 0.371657 | 0.388571 | 0.408866 |
| Fibonacci | 0.313590 | 0.327804 | 0.336585 | 0.350799 | 0.365013 | 0.373794 | 0.388008 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.200023 | 0.251723 | 0.312531 | 0.364231 | 0.425039 | 0.476739 | 0.537547 |
| Camarilla | 0.342399 | 0.352713 | 0.363026 | 0.373339 | 0.383652 | 0.393966 | 0.404279 |
| Woodie | 0.204577 | 0.254000 | 0.317085 | 0.366508 | 0.429593 | 0.479016 | 0.542101 |
| Fibonacci | 0.251723 | 0.294701 | 0.321253 | 0.364231 | 0.407209 | 0.433761 | 0.476739 |
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): | 48.60 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 4.256121 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.351979 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.353646 | |
| Elder Ray (13): | -0.000652 | |
| Super Trend (3,10): | 0.348116 | |
| Zig ZAG (10): | 0.350719 | |
| VORTEX (21): | 1.0230 | |
| Stochastique (14,3,5): | 17.20 | |
| TEMA (21): | 0.351321 | |
| Williams %R (14): | -84.07 | |
| Chande Momentum Oscillator (20): | -0.002704 | |
| Repulse (5,40,3): | -0.5479 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0322 | |
| Courbe Coppock: | 1.48 |
| MA7: | 0.352548 | |
| MA20: | 0.351077 | |
| MA50: | 0.351734 | |
| MA100: | 0.365316 | |
| MAexp7: | 0.350970 | |
| MAexp20: | 0.351468 | |
| MAexp50: | 0.350698 | |
| MAexp100: | 0.350840 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | -0.42% | |
| Price / MA100: | -4.12% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.17% |
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.
About author
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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…
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