Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.6461). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Cardano has been nurturing an uptrend since the initial downswing to $1 in May. The first recovery attempt almost brushed shoulders with $2, but another correction ensued almost immediately. The cat and mouse game continued between the bears and the bulls, with the resistance at $1.8 capping movement. On the downside, bulls have kept growing more assertive,...
# Analysis of the four-hour chart. # Crossing the moving average 86 # A price channel has been crossed at 1.6474, the target is 1.9115 - 2.1081. # A head and shoulders pattern is forming, waiting to cross the neckline to target 2.2409. ----------- = Analysis fails if 1.6065 is broken. = The #area 1.7600--1.7923 is a difficult and dangerous area =#new update
Cardano immediately swung into recovery following the massive dip to $1. The upswing was sharp and consistent but hit a barrier at $1.8, which curtailed the planned strike past $2. ADA had traded all-time high highs around $2.5 in mid-May. In the meantime, the upcoming smart contract token is trading at $1.66. Marginally beneath the prevailing market value, ADA...
After the recent low of around 1usd figure, Cardano has risen 80% and reached 1.8 important resistance. As in a lot of coin's cases, I don't believe we are back on bull trend, but just correcting the recent steep fall and a new leg down in fallow. That being said, I will look to sell around resistance, and only AdaUsd clearly above 2 would change my opinion
Cardano had an interesting last week whereby it rose into the fifth spot on the market despite the freefall in price. The staking platform boasts of a market cap of $48 billion and trails immediately behind Binance Coin. The trading last week was gruesome not only for ADA but the entire crypto market. From the recently traded all-time high of $2.5, ADA plummeted...
Possible Bullish Scenario ..
ADAUSDT is currently within range , once it breaksout and it will test the resistance 1.6 or support level 1.37 Will update the analysis once we see a clear direction for this pair
ADA REACHED 23 CENTS !! 19 MAY the price was +2$ n went to 23 cents on the same day !! I'm pretty sure this the most coin whales agreed to short it. what we can observe from that:- 1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA. 2- ADA made +630% in minutes cuz they bought a lot. 3- spikes went up after...
Cardano plunged from highs around $2.4 amid the broad-based cryptocurrency declines. The losses extended below $2 before the bulls regained balanced at $1.4. Like Bitcoin, ADA immediately started a reflex recovery where the gap to $2 was almost closed on Thursday. Despite leading altcoins in recovery, Cardano stalled under $2 and, more specifically, at the 50...
Bitcoin and Ethereum are falling, the island does not fall. Let's not neglect to collect Fruits that will appear as Peak to Us when Btc and Eth de fall. Get tp. Stop-loss = 1.96 $ There is a high chance of winning. But it is still affected by the rise and fall of bitcoin. When the time comes, no one can afford to pay $ 3 within 4 hours at most. The money...
Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130. AGAIN THE OVERALL is still an uptrend yeap. Technical Analysis 1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already. 2. Retest of Fibonacci Level is also on NEW...
After almost 2 months of torment, buyers managed to take control of $1.45-1.5 . It was from the 4th time that Cardano buyers broke through this liquid zone and continued their journey with an ultimate goal of $2. However, given the nature of the breakdown of this range and the not too vigorous growth of the ADA price, it seems that buyers will have to continue...
= 4h chart. = Inside a strong bullish price channel. = Inside his model, and he crossed it to the top.= 4h chart. = Inside a strong bullish price channel. = Inside his model, and he crossed it to the top. ======== = Anticipation: First: buy (strong expectation) To 1.682115--1.793506-1.936225. = Buy will fail if 1.532433 is broken. Second: Selling (poor...
Hey guys, so I'm still learning how to use the Phoenix Ascending and the Bad Ass BB indicators by @WyckoffMode Both these indicators are great because they give you, the analyst, tons of information on many different timeframes without taking away your responsibility to interpret the data you are presented. DISCLAIMER: I'm still very bad at using these...