Hi dear followers and visitors, ADA is moving in a Triangle Pattern in daily timeframe and I think it will broke from the upside!
According to bitcoin's bounce back and breakout in daily chart(Same condition), I think ADA will breakout from the upside and after breakout it would see 2$ again!
See my analysis on BTC too(I think 42K will be broken...
If ADA is able to successfully break the falling wedge resistance we're looking at a huge target at approximately $2.02.
There will definitely be resistance along the way, so I've drawn out the potential scenarios and resistance lines that could impact the price action on the way up.
Timeframe check for potential parabolic target on Cardano #ADA. Matched up timeframe and bars on 3D HTF. Red down trend into yellow range leading into green parabolic with bar counts close to previous move. "You may say I'm a dreamer, but I'm not the only one" :)
-ADA is up nearly 7% on the day
-Price is attempting to break through major resistance zone
-RSI sits coiled in a bullish manner
Throughout the past few days, ADA has experienced a decent revival as price has risen nearly 25% of lows. This is a great sign to see for the bulls, but compared to other coins in its class, price is lagging behind a bit. Although,...
On the daily time frame ADAUSD, we can see the price rejection few times from the same support zone and creating demands each time. After Elon's last live comment, the Crypto market seems again bullish to me. ADAUSD will meet its higher high once again and the conformation we found by technical perspective in this chart.
I see that Cardano it's extremely bullish on long term toward te target at $7 USD. Now, I use my broker Simple FX that you can to search in Google and you can to click the website of this broker Simple FX and create a Cardano account to fund Cardano. I decide to choose my 1 Ethereum coin in my Simple FX to Cardano. I got 1,741 Cardano coins. Now, based on this...
This is of course if there is a successful breakout of the falling triangle which differs from a descending wedge. The falling triangle is a reversal pattern. Cardano has major updates coming out over the next month and will have fully functional smart contracts in September. This is along with low user fees and almost zero energy waste.
ADA has the best...
-ADA is up nearly 5% on the day
-Price has been rejecting off major resistance zone
-ADA comes inches away from breaking falling wedge
Cardano has held up very well throughout the bloody markets the last few months. Bulls have defended major support found at $1.00 very well as it seems it is now a floor. With the market starting to turn around, so is ADA. Much...
It can be said that most of the crypto market coins are ready to explode, but all eyes are on bitcoin. There are three goals for Cardano in the diagram, all three of which are resistance.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this...
I know a lot of people are bullish on ADA, but this TA looks bearish to me. We broke out of this ascending megaphone to the downside and have a big bear flag. The 4-hour MACD also looks bearish. I'm going to be the contrarian here and short especially with Bitcoin teetering on collapse.
Market in the last 24hrs
ADAUSD saw downward movement and can be seen constantly rejecting the bottom Bollinger band as a support line. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The latest price movement suggests that ADAUSD has accepted the bottom Bollinger band as a support line, so we can expect the price to see bullish momentum...
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
🎁Please hit the like...
Hi every one
Cardano / US Dollar
So ADA/USDT Is now In a Falling wedge pattern. this is of course a Bullish pattern that tells us that there is a Incoming Bullish movement! if we take a closer look we can see the Elliot waves principle! but It's a bearish one and now the price is on the 5th wave! after the completion of the 5th wave we can expect the starting of...
If we talk about interesting coins that can give good profit in the medium and long term, Cardano definitely must be in this list.
The price has been moving sideways between 1$ and 1.5$ for several months. We could open long positions using reversal setups from 1$ support and fix profit at 1.5$ resistance or build long-term positions for higher targets. Swing...
After I called the bottom two days ago, it is time for Cardano to show if it can break the giant triangle to the upside and confirm a new bull market cycle. For this to happen, the price momentum needs to continue from where we finished with a green candle today at 8pm and keeps ascending in the upcoming days. If this scenario comes to unfold, I would expect some...