The chart does not need much explanation: there is a bullish RSI divergence, with ADA’s price holding strong against BTC each time the whole market declines against BTC. This suggests that ADA might already found the deep, similar to the vibes of 2021. The only concern is the lower volume compared to the last cycle.
Fundamentally, the Chang hard fork is coming to...
This analysis is an update of the analysis you see in the "Related Ideas" section
The price did not reach the red range of the previous analysis to enter the sell/short position.
If the price reaches the red range again before reaching the green range, we can look for sell/short positions.
Now we have prepared an update for ADA.
A trigger line has been broken...
Many things looks fine. One thing is concerning. Although rr is around 6 risk still is over 60% so micro position money you can lose or wait for red rendline break and sl under prevois swing. I chose second.
To be clear I do not have any respect to any altcoins. I hold only btc. Im trading chart not altocin so please do not enlight me how scam or game chanred ada...
Cardano has bearish structure and is now creating a pullback in the internal structure.
The red area is where we look for sell/short positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any...
Before anything, pay attention to the time frame. The time frame of this analysis is 3 days and the realization of the specified movements will take time.
The structure is bearish on the big time frames and these big and powerful bearish moves are needed to get to the SW Hs of the big time frames.
We have a demand range, which is actually our POI, and we are...
Cardano's price is at a critical juncture, attempting to break the $0.3966 resistance level. Success could trigger a strong upward move, while failure might lead to a decline towards key support levels at $0.3652 and $0.3611. Currently trading around $0.3890, Cardano is trying to hold support after rebounding from the $0.3611 discount area, indicating a short-term...
Cardano tried to hold the support level but failed, resulting in a close below it. After a retest, the price plunged significantly. Currently, the price is near the support area around $0.35, which could be the next key area to watch.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ADA
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 0.400
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support...
❕ADA vs BTC ❕
ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed.
Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with...
Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the ADA Weekly Update.
Earlier this month, ADA found robust support at 46 cents, culminating in a 2.6% weekly price rise. With the key support intact, buyers may strive to reassert dominance over...
As you can see, we have a demand area for
This area is very reactive and we expect the start of an upward movement
So get purchase confirmation in the time trigger
The price goes up with your likes
ADA is getting the first time test since 120 days of breaking out of the downtrend that lasted for 690 days, all eyes on ADA, a clear reversal on the daily chart:
Cardano has completed a large symmetric weekly.
The movement after this pattern was important for us, with this sharp movement it was confirmed that we are not facing an X wave, but a large bullish branch is forming.
After hitting the supply area and correction for several weeks, we expect a strong bull run from Cardano above ATH!
ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below...
Following its robust bullish rally, ADA has been ascending within a channel.
However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel.
Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
BINANCE:ADAUSDT (4H CHART) Technical Analysis Update
ADA is currently trading at $0.5251 and showing overall bullish sentiment.
ADA just broke out from descending triangle and showing overall bullish sentiment.
If this trend continues, we can expect ADA to new highs soon.
Entry level: $0.4980 - 0.5258
Stop loss level $0.4175
Target 1: $ 0.6160
Target 2: $...
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(ADAUSDT 1M chart)
The upward trend began when the MS-Signal indicator rose above.
Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward...
