No entirely sure if Mr. Whyckoff would agree with upper resistance lines so far apart but let's see how this plays out..
There is divergence and its 0.618 fibo area and i think its wave A of 4
ADA is going to retest.ADA may bounce back. Here is a chance that ada retests the support and bounces back again. Thanks and happy trading
Hi my friends ***************** The Cardano coin has gained significant support in its correction process after a great flight. My idea is that if the volume trend increases, we can hope for the end of the ADA reform in the coming days Appropriate entry points, goals and stops are marked on the...
Cardano is in a good position 1. low price (1.5 $) 2. At the bottom of its major channel 3. Is going to break its minor channel
ADA is so stronger then others. again start to some attack you can see on my chart.
ADA we all know is a great project. ADA is currently sitting at #3 already and will need a lot of money for ADA to move and there's a bull flag forming up and seems like we'll get out of the major resistance soon once we do we'll see ADA hitting all the targets one by one. I believe it will take a few months for these TPs to hit. Buy the dips and accumulate...
Noticed that ADA likes to do 5 up correct then 5 up correct. Looks like this correction is almost done and I expect more of the same. 5 Up again
Cardano (ADA) Update 15/10/21: $4. 40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold...
cleaned up the ADA chart. There's a lot going on here so to label this current correction I used the double Flat correction 3-3-5 with the WXY as a bridge to label multiple corrections over longer TFs. I think it's almost complete and would expect something like this to happen
You can buy ADA cheaper With high possibility the triangle will break from bottom, this is my scenario. ADABTC Situation: on support
Cardano has shown us many times in the past, that it likes having low volume downtrend consolidation from top trend line of channel back down to the bottom trend line. There is also an easily spottable bullish divergence currently. This is then followed by a high volume, explosive more to the top trend line. A break from the top trend line of this bull pennant can...
it shows strong support around its previous ATH in may. there's another leg up in my opinion for this coin.
ATH and at the bottom of new uptrending channel... Next targets: 2.7; 3.15; 3.38 (roof of the channel)
ADA was too weak in past days and performed the worst uprise in market. If it can pass the resistance area we will see a massive leg up.
Cardano accommodates new upward movements, as it relates to positive returns, it may well decline over time. Cardano still raises return opportunities, I strongly suggest.