Any weekly close below $1.2 gives a potential dump to $0.4 in the coming year. *Not a financial advice.
It seems that ADA correction is over ADA price is moving in a ascending channel and it has the midline support of this channel I expect it to hits ATH.
There is divergence and its 0.618 fibo area and i think its wave A of 4
Cardano’s native token has seen a downtrend correction since early September, following hitting the current all-time high at $3.09. Unfortunately for ADA’s holders, the most recent market crash drove it below the key support level at $1.5 down to $1.3. Price is currently struggling to maintain the critical support, and ADA may continue to fall to $1 if the...
Now on the chart we see a good entry point for this trading pair
We have a strong green candle today on the ADABTC pair. This candle just happen to show up at the same level which worked as resistance back in May before prices peaked. This candle is also pushing prices above EMA10 and EMA21 in just one hit. This can be good if today Cardano (ADABTC) closes above 0.00003000. But if it moves back down, it can just be a short...
The chart shows Cardano 'TO bitcoin, which responds well to the drawn trends. If the currency breaks the long-term downtrend line of this currency, we can expect a good profit. As it turned out, the failure of the downtrend in the RSI occurred.
We have three crucial support at these prices on ADA; the bottom line of the rising channel, an important trend line, and the 1.4-1.5 support zone. And you know that the logarithmic chart is more important than the arithmetic chart.
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...
That's why trading is so interesting, right ? $ADA could form an inverse Head and shoulders on 4h. It could make it's last down leg if the overall market will correct a little, as we can see it right now. Last leg could go around WEEKLY DEMAND at BROWN Channel. Still a cup and handle in play if H&S will form. I personally believe that crypto market will see it's...
In a 4-hour timeframe, the trend is still negative, but in the $ 1.5 range, there is a lot of demand. If the negative trend line breaks, enter for $ 1.75 and $ 1.9.
Cardano ADA might start having a bullish reversal on the ADA/BTC weekly. Very soon Cardano dApps will start working on the Cardano mainnet and this will affect the ADA price action in a great deal. One of the first dApps might be SundaeSwap: Cardano DEX, and then after this release many other dApps will be released, making the ADA price action very bullish.
I believe that if BTC continue to its downtrend till 52~52.5k price range, Ada can touch prices between 1.15~1.22 & that would be a Nice and warm welcome to get into ADA again Stay Tuned.
There is a long position in ADAUSDT Cardano ADAUSDT Cardano 🔵Long Now or set on Key Level 1.525 🟢Target 1 1.725 🟢Target 2 1.915 🟢Target 3 2.080 ❌Stop loss 1.400 #K_Level
ADA is very close to its solid support areas. There is one support level, which can hold the price up in case of sudden crashes. There are two resistance areas on the way up, which we need to break before making any moves to form a bullish channel. There are Sell Volumes in the market for Bitcoin, which shows that the price might go lower or consolidate before...
Hello''ADA reaches its long-term uptrend. We have a 61% Fibonacci that can be the best support for the price. After dealing with our uptrend, we expect a new uptrend for ADA.
-Due to the momentum (yellow arrows) and volume of the red candles, ADA has no power to rise. -in certain circumstances such as the release of bullish news, the orange scenario is possible, which I will update if that occurs. -Bitcoin also has no bullish power and may go as low as 51k. However, this does not mean I'm a bear! Because during these crashes, BTC and...