ADA - broke out of the wedge pattern, signaling a preference for opening long positions. We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher. The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet. Currently, the trend is bullish,...
Last two weeks, in the daily chart ADA is teasing the key resistance zone of $0.76-$0.80. Above $0.80, bulls will take control of the ADA price chart towards $1. A daily candle closure above $0.80 will push ADA price towards $0.90 and higher. Below $0.66 is the bearish zone and ADA price will decline towards $0.57 for another re-test of the ascending...
The psychology of market cycles says it's likely. *$1.6 is the level where the trend line was broken and the main downtrend was entered in 2021, which makes it an important level. *It is possible that it will no longer go below 45c. *If the price does not delay, $1.6 will be reached in the summer
Cardano is right on time this cycle. Don't be fooled with other coins pumping. That is actually Bullish for Cardano as well. look at the weekly RSI showing signs of bottoming out
If CRYPTOCAP:ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain. Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT 1M chart) The upward trend began when the MS-Signal indicator rose above. Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward...
If you haven`t bought ADA just before the rally: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.58- $0.62 range!
We see potential 50% on Cardano H4 chart. consolidation between 0.57 - 0.65 was strong enough to move market higher. Target 0.76
The main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance). Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart. Pump/dump news....
📊Analysis by AhmadArz: 🔍Entry: sell:0.758 buy:0.598 🛑Stop Loss: sell:0.788 buy:0.562 🎯Take Profit: sell:0.726-0.687-0.654 buy:0.662 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to...
CARDANO - A POSSIBLE PATTERN (FEB 2024) Anticipating significant gains for Cardano holders in the upcoming bullish market, I also foresee the possibility of this trend continuing in the long run.
As it is obvious ADA is in reverse and is going back up, but not a crazy pump to 20$ or something like that, my best guess is that the earliest it can get back to 3$ is by Nov 2024
Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs. Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
Confluent Wave Analysis with price action and chart pattern trading setup: > The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave. > Entry at B-D downtrend line breakout / WMA50 week > Target 1 @ 161.8% Fibonanci extension...
#ADA The price is moving in a descending channel on a 4-hour frame We now have a successful penetration of that channel upward We have oversold conditions on the MACD indicator We also have a higher stability moving average of 100 Entry price is 0.5230 First target 0.5443 Second target 0.5852 Third goal 0.6391
Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
Needs to sty above both green trendlines to trigger the breakout *not financial advice*
Technical analysis The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to...