Free Ardana (DANA) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Neutral Neutral Neutral
Last Update / Period
22 Apr / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Ardana (DANA) signal with technical analysis on 22 Apr

On 22 Apr, we conducted a comprehensive technical analysis of Ardana (DANA), considering 256 signals with intricate details. Here are the key findings: 65 signals suggested buy strategies, while 76 indicated sell strategies. The remaining 115 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 14
Sell Signals: 28
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 20
Sell Signals: 15
Neutral Signals: 29
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 14
Sell Signals: 15
Neutral Signals: 35
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 17
Sell Signals: 18
Neutral Signals: 29
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 65
Sell Signals: 76
Neutral Signals: 115
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Ardana (DANA) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Ardana (DANA) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Ardana (DANA) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
Ardana (DANA) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 18.53% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **Ardana (DANA)** holdings.

Ardana (DANA) Price Analysis and Support Levels:

In our current Ardana (DANA) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 0.00103 We are closely monitoring the price at the first support level of 0.00103, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 0.00094 If the first support level at 0.00103 is broken, the second support level at 0.00094 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 0.00091 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 0.00091 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading Ardana (DANA). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

Ardana (DANA) technical analysis chart

Ardana (DANA) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0013 0.00134 0.00136 0.00142 0.00155
Support 0.00103 0.00094 0.00091 0.00089 0.00087
 Ardana (DANA) Support and Resistance area (22 Apr)  Ardana (DANA) Support and Resistance area (22 Apr)

Ardana (DANA) signals list for 22 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Ardana (DANA) candlestick patterns on 22 Apr

Today's Ardana (DANA) Candle Patterns List:

Belt-hold Closing Marubozu Engulfing Pattern Long Line Candle Marubozu

Ardana (DANA) technical analysis over the past days

# Date Overal Signals ALL Signals
1 21 Apr Hold HoldNeutralNeutralNeutral
2 20 Apr Sell HoldSellHoldHold
3 19 Apr Sell HoldNeutralSellHold
4 18 Apr Sell SellHoldNeutralSell
5 17 Apr Hold NeutralBuyNeutralNeutral
6 16 Apr Sell NeutralNeutralSellSell
7 15 Apr Buy HoldBuyNeutralNeutral
8 14 Apr Buy BuyNeutralNeutralNeutral
9 13 Apr Sell NeutralNeutralHoldHold
10 12 Apr Buy BuyNeutralHoldHold
11 11 Apr Sell NeutralSellHoldHold
12 10 Apr Hold NeutralNeutralHoldHold
13 09 Apr Hold HoldHoldHoldHold
14 08 Apr Hold HoldHoldHoldHold
15 07 Apr Hold HoldHoldHoldNeutral
16 06 Apr Sell SellSellHoldNeutral
17 05 Apr Sell NeutralNeutralSellHold
18 04 Apr Hold BuyNeutralNeutralSell
19 03 Apr Hold NeutralHoldHoldNeutral
20 02 Apr Sell HoldHoldSellNeutral
21 01 Apr Sell SellSellNeutralNeutral
22 31 Mar Buy NeutralNeutralBuyHold
23 30 Mar Hold HoldNeutralNeutralHold
24 29 Mar Hold HoldSellNeutralNeutral
25 28 Mar Sell SellNeutralHoldNeutral
26 27 Mar Neutral NeutralNeutralHoldNeutral
27 26 Mar Hold HoldHoldHoldHold
28 25 Mar Hold HoldHoldHoldHold
29 24 Mar Hold HoldHoldHoldHold
30 23 Mar Buy BuyBuyBuyBuy

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