Trying to break from current range, crossing above ~500sats / EMA50 on the 12H chart could unleash it.
UCTS Buy signals on the 12H/1D (and almost every LTF)
RSI trying to reach bullish levels..
I think this asset is due on current Alt market activity
As ADA is a good coin and has great targets upcoming, after observing Bitcoin Dominance, Price Action, Elliot Waves & ICHIMOKU and considering money management, we can step in with a potion of our money as Mid-Term investment.
Cardano Latest Update Mention On Chart Right now there is no opportunity to buy we need to wait for Reversal Candle Confirmation to take Long Entry.
Note: This is only for Educational Purpose this is not Investment advice.
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Cardano looking primed for a breakout upwards, ADA is making higher lows against resistance. Don't wanna see the price close under the support level or this idea is invalidated.
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Cardano (ADAU19/ADABTC) can resume its recent break above resistance.
Just recently EMA100 was broken and quickly tested as support (4H candle close needed for confirmation). A long wick showed up where all the sellers were bought off.
All the details are available on the chart.
Signals and details on the chart are as follow:
Trading above EMA10/50/100.
ADA/BTC is currently attempting to break out of this accumulation zone it has been in for about 2 weeks. Most alts are getting smashed due to strength of Bitcoin dominance and the overall market environment. However, ADA/BTC has reclaimed the 10/20 day moving averages, which are momentum moving averages, so in the short term we could see further upside momentum....
$ADABTC chart has formed a reversal pattern "Diamond". The resistance of this pattern intersects with the strong resistance which has falsely broken three times before. After these fake-outs the price has been dumping heavily. So, in my opinion, $ADA is ready to continue its fall down. The good entry point in SHORT position will be the resistance level at the...
Cardano (ADABTC) hit a few milestones last week by hitting a new all-time low (on Binance) and also hitting its lowest ever on the RSI.
Let's look at this on the weekly time frame:
If we look closer, we can see a hammer candlestick, which is bullish on this setup, as...