Seems like ada is possibly breaking out and will easily pass the 1,22 euro resistance soon. What do you think?
The more research I do the more I like this project. I have expressed my 'love' for Cardano recently and I believe it's a coin made from adamantium Aka Ethereum killer To me it's the safest option to keep outperforming the major players in the blockchain race
Cardano [ADA} has moved up +60% in the last 2 days from 0.35 EURO on the 5th Feb to 0.589 on the 7th Feb It has broken through 0.40, 0.50, 0.60 and 0.70 USD before hitting resistance as traders begin taking profits A pullback to fib 38.2% or 50% level expected before continuation of the trend upwards to $1 level.
I'll keep it short. Unless each takes no break and just continues to climb, Possible buy opportunities for each at their 0.236 and 0.382 fib retracements. Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
💎Technical Analysis Summary💎 BINANCE: ADAUSDT -ADA is currently moving up at the previous support area -This will be its new key level of support for the next few days -We currently have resistance at 0.114s dollar -If ADA can break above it, we might see a strong upside momentum -The next key level resistance is around 0.130s dollar A big Thanks for...
Final target around 0.06€, expecting five waves down to finish correction. Not financial advice
I THINK LONG FROM NOW
ADA/BTC -Cardano is on a short term downtrend since the High at 1600 sat -Its value has depreciated by -32% from the top -If ADA will continue its short term trend -It is likely to retest the 100D dynamic support -Which is somewhere around 1000 sat area -This is also a confluence of previous support in the past -I recommend only to wait for any reversals or...
ADA/BTC -the price has retraced to .618 fib support area -just below fib level is the 50ma on 4H timeframe -if the current price level will not hold -we may see a little more dip just above the .786 last fib support -this is an interesting zone for buyers to start jumping in -we know there is still good fundamental news about this coin -I'm sure buyers are...
ADA/BTC -broke daily recent top resistance -with strong volume liquidating most short orders -if you are looking for a rebuy zone -a pullback just within the recent top to become new support -is a good entry zone provided reversal signs is seen -the next daily resistance is located at 1192s
ADA/BTC -the previous analysis is to buy the closed above resistance -after a day, the price went up over 30% without leverage -market structure is bullish -the Cross Ultimate Indicator trade priority is Long -next resistance is located at 960-1000 -I don't recommend to enter any position right now -wait for a pullback or consolidation channel to form
Possible Inverted H&S playing out for ADAUSD. Neckline at around 0.052$ Price target for this pattern is 0.08$ This is not financial advise.
ADA/BTC -cross ultimate indicator signal Long priority -daily uptrend continues again -currently approaching recent swing top resistance -if we break and closed above it -trading Long position is ideal -targeting the mid term resistance at 1195 -btw we have good fundamentals news today
Cardano moving on a uptrend for the 0.06 Resistance
Cardano uptrend channel will it powerful downtrend resistance soon (0,05€) If it can pass it will come to the 0,10€ resistance to break Then free movement up