CARDANO - ADA/USD - 15 min. - Technical analysis published on 11/23/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 1.01 USD
My targets
1.10 USD (+0.99%)
1.19 USD (+8.87%)
My analysis
The basic bullish trend is very strong on CARDANO - ADA/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.01 USD. Crossing the first resistance at 1.10 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.19 USD as an objective. Crossing it would then enable buyers to target 1.34 USD. Caution, a return to below 1.01 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARDANO - ADA/USD price is 1.09 USD. The price registered an increase of +7.41% on the session with the lowest point at 1.02 USD and the highest point at 1.15 USD. The deviation from the price is +7.52% for the low point and -5.19% for the high point.1.02
1.15
1.09
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:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of CARDANO - ADA/USD in 15 min. shows a strongly overall bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish doji star
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.78 | 0.85 | 0.93 | 1.09 | 1.21 |
| Change (%) | -29.05% | -22.01% | -14.82% | - | +10.46% |
| Change | -0.32 | -0.24 | -0.16 | - | +0.11 |
| Level | Major | Intermediate | 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 | 0.64 | 0.73 | 0.87 | 0.96 | 1.10 | 1.19 | 1.34 |
| Camarilla | 0.95 | 0.98 | 1.00 | 1.02 | 1.04 | 1.06 | 1.08 |
| Woodie | 0.67 | 0.74 | 0.90 | 0.97 | 1.13 | 1.21 | 1.37 |
| Fibonacci | 0.73 | 0.82 | 0.87 | 0.96 | 1.05 | 1.10 | 1.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.23 | 0.36 | 0.55 | 0.68 | 0.88 | 1.01 | 1.20 |
| Camarilla | 0.65 | 0.68 | 0.71 | 0.74 | 0.77 | 0.80 | 0.83 |
| Woodie | 0.26 | 0.37 | 0.58 | 0.70 | 0.90 | 1.02 | 1.23 |
| Fibonacci | 0.36 | 0.48 | 0.56 | 0.68 | 0.81 | 0.89 | 1.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.17 | 0.24 | 0.29 | 0.36 | 0.41 | 0.48 | 0.53 |
| Camarilla | 0.31 | 0.32 | 0.33 | 0.34 | 0.35 | 0.36 | 0.37 |
| Woodie | 0.16 | 0.24 | 0.28 | 0.36 | 0.40 | 0.48 | 0.52 |
| Fibonacci | 0.24 | 0.29 | 0.32 | 0.36 | 0.41 | 0.44 | 0.48 |
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): | 55.31 | |
| MACD (12,26,9): | 0.0095 | |
| Directional Movement: | 5.48 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.05 | |
| Elder Ray (13): | 0.00 | |
| Super Trend (3,10): | 1.05 | |
| Zig ZAG (10): | 1.09 | |
| VORTEX (21): | 0.9790 | |
| Stochastique (14,3,5): | 73.79 | |
| TEMA (21): | 1.09 | |
| Williams %R (14): | -24.37 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.6646 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1616 | |
| Courbe Coppock: | 0.75 |
| MA7: | 0.84 | |
| MA20: | 0.63 | |
| MA50: | 0.46 | |
| MA100: | 0.41 | |
| MAexp7: | 1.09 | |
| MAexp20: | 1.08 | |
| MAexp50: | 1.05 | |
| MAexp100: | 1.00 | |
| Price / MA7: | +29.53% | |
| Price / MA20: | +72.84% | |
| Price / MA50: | +136.44% | |
| Price / MA100: | +167.92% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | +0.97% | |
| Price / MAexp50: | +4.21% | |
| Price / MAexp100: | +9.84% |
Quotes :
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Real time data
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