BTC looking a little scary but if it will stay over 40k it will be fine. Ada against Btc on weekly rsi looking like it is going to have a rally next week.
Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count we had, waves 1, 2 and 3 have been completed and now the trend is inside wave 4. Wave 4 is zigzagged, and from this zigzag, waves a and b are completed, and wave c is probably...
The ADA is in a local range between $1.48 and $1.2. In last idea, we said that squeezing and breakout a key level would be a good buying opportunity. But the price has never been able to break the key level. After that, the whole market corrected. Now the price is also near an important level (the lower boundary of the trading range), which acts as support....
- Cardano is currently breaking down with high bearish momentum. - The price is now below the trendline and looks like we will experience lower prices - Also Elliott Impulse wave finished succesfully with 5 waves. - Monthly MACD indicator now enteres bearish cross.
ADA is at trendline support, hope ADA will rise soon if BTC didn't make any crazy move! This is absolutely not financial advice! Trade at your own risk! Thank you
Let's see how ADA is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is getting rejected by the local resistance area. The market is showing SELL volumes for ADA. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The middle...
A fundamental rule of cryptocurrency is that when bitcoin moves, the whole market moves with it. This is called a correlated market. We see this in stocks, with large companies like Apple or Amazon moving in tandom with index funds like the S&P and NASDAQ. There is a whole host of reasons for this, but within Cryptocurrency there are two primary drivers (along...
waiting for breakout the trendline,ichimoku cloud and Price stabilization above 0.000031.
On a daily timeframe, the $ 3.1 range is still maintained. While I expect Bitcoin to move higher, Cardano can retest for $ 1.5 and the $ 1.6 range. If the support of $ 1.3 is lost, the $ 1.2 range is more important for Cardano, which you can enter if the volume of trades increases.
On a daily time frame, ADA has not stabilized above the $ 1.5 resistance and has re-entered the correction. It is not suitable for trading, and patience is the best thing. There is also the possibility of further correction and a $ 1.3 level test. In Cardano, enter when the negative trend line breaks and has a pullback to $ 1.5.
Please Like or Follow if you enjoyed this content. UPDATE: The price jumped 253+% after the bullish Supertrend Ninja signal in Jan 2021. And 125% in April 2021. The Supertrend Ninja also predicted some heavy drops with the latest being in Sept. The price is ranging, which is visible from the sideways movement. RSI is in a range as well. Although ADA got a...
ADA has recently retested the major trend support. If that breaks, ADA's woes could accelerate. However, there are a few positive signs suggesting we may see (at least some) short term bullish momentum. On the 4-hour chart (not posted) I'm seeing seller exhaustion. On the daily chart, we appear to have a Higher Low that would suggest some short-term strength...
Cardano has a Sell signal for the beginning of 2022. I look for a return to $1.05 by the end of January! Happy New Year!
Welcome, traders. happy New Year!!! If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ADAUSD 12M Chart) (1M chart) We are making an important volume profile section over the section 1.316-1.547. (1W chart) - mid- to long-term perspective Above the 0.476 point:...
ADA is above its long-term support. It can be purchased incrementally.
ADA has been held underwater due to heavy resistance from the Death Cross. However, on the 4-hr chart, price is holding above the 200 EMA for the first time in months. If this can hold, the dominos may start to fall as consecutive Daily EMA levels are broken to the upside. Now, let's take those rose-colored classes off and realize that it's also likely that...
Cardano is on the $ 1.46 support. It is unlikely that ADA will maintain this support. It can see the $ 1.3 and $ 1.38 ranges if support is lost.
Hey everyone, Ill be quick and clear. Right now these are only two most probable moves for ADA in my mind. And it all depending if we are able right now go bellow 1.25€ or not on 5min TF. A, If it break under and test it as resistance is more likly that we go down. Bearish-Red B, We go over 1.26€ and creating new HH on hourly time frame and testing 1.25€ and...