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On chart we can see red wave 4 - irregular correction (top of wave B higher then top of wave 3)
I expecting one more leg down to 14500 - 14000 (wave 5 from wave C from wave 4) after - will start new 5 impulse waves up.
ADA Is in Bearish Phase & Looking Good For Accumulation ..
Both Buying Zones Are Mentioned In Chart..
Be Safe & Buy As Much As You Can In Dip..
SOON it'll Reverse So Buy & Hodl It..
Cardano (ADA) is a decentralized platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is...
Looking at ADA on the daily helps to get the bigger picture of things. On my previous analysis, I had this drop to the 0.5 fib level as the correction target. Although we have tested the level followed by a small bounce, I still can't see any reversal signs on the daily and sell pressure isn't declining either, but I have personally started adding...
Cardano has found a bottom on the daily chart and is making bullish moves again above the daily 55 Moving Average.
With many market cycles looking to have completed in the last months, Cardano is also looking more bullish with every higher high.
It is currently retracing the last leg up looking for new support and I would like to scale into a fresh long position...
Have a look at all the Fib Levels to understand the amount of Pump it needs in order to get to individual levels. At the moment, price is holding and upside is stalled against a strong horizontal resistance. 200 DMA coming up in ADAUSD, so probably time for some pasue before a break or rejection
Cardano (ADA) BULL Flag Breakout with Strong Volume
50 EMA and RSI are rising nicely. Looks like the Bulls are back in control.
I consider Cardano one of the best in the cryptosphere. At still less than a dollar this one has as much, if not more, potential as Bitcoin had when it cost a dollar in 2011.
Cardano, www.cardanohub.org, built in the...
ADA' has made a big rally past month and since Dec 2018. Volume has been very good as well. But now it has reached a long term resistance together with this possible wedge.
The volume picture of the wedge is okay but not great. Also the rally in the yellow zone was quite strong and not very typical for a wedge, but still...
Technically a 'perfect' mid-term entry area should be the blue box, there are some lower levels also but this is the healthiest level!
- Different Fibo levels
- Channel trendline should act as a support
- Cup & Handle curve trendline should act as a support level
- EMA's act as the support levels.
- Recently worked price levels (orange lines)
From the technical...
ADABTC moving in uptrend channel touched support line and go to resistance line 0.00001500 area
Local we formed triangle with potential break out up
We are above all MA50,100,200
First target 0.00001300 area
Waiting for the rocket