Adding one more idea in support of my earlier published idea where in coming weeks we could see ADA challenging its rival Resistance level at 1.47 zone. Until we reach to that point, sharing a short term opportunity that we all can be benefit from.
On a 4 hourly chart, ADA is moving in a descending parallel channel (RED lines) and on a much...
Here is a confirmation of the analysis I released earlier on ADAUSDT. Please scroll down to see the analysis.
A lower trendline breakout has occurred, setting our new target at 0.82735.
What do you think?
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In 4 hour chart, Cardano still remain in bearish trend with breakout of the previous support level.
What is more interesting in daily chart Cardano has already made Elliott Wave, what may cause the H&S formation.
Also, the idea of retesting the previous high cannot be denied.
If you like such ideas, please leave a like and follow this channel so you don't miss...
Don't get me wrong.
My biggest bag is ADA. and I'm very happy its popped off hard. HARD
Very ugly chart. but who cares it makes sense.
So ADA is finishing off a wave 3 out of the 5 wave impulse that is the current bull run.
we are literllay in the final stages for the current run up.
1 more wave up/if that from here and that sohuld be the end for this...
Hi friends. ADA again short. Interesting picture and i want write about it. So we have big volume of closings under 0.31 and exchange bought it. But in next few candles exchange sold it volume again to traders who want long. And what is important volume of solds already satisfy they purchase. Target - investing zone.
Hi friends. ADA want go down to 0.234, 0.210 in near future (2-7 days). I mark all interesting market process on the chart window. Levels thanks to X-Lines script. So why i think we will go so deep. It's because for my surprise exchange dont want to sell ADA that purchased at 0.342 by more expansive price and they sold by 0.355 - 0.360. Ofcourse it mean tendention...
Hi friends. ADA just few hours ago take a big volume of solds (by exchange to traders) and now we can get a correction to accumulation zone. I mark all interesting levels on the chart window.
Levels thanks to X-Lines script. Follow me.
ADA doesn't say clearly where it is gonna stop retracement so lets be more genius and buy on parts
but a huge engulfing red candle on a daily time frame can help us a lot to guess a strong bearish scenario till the mid of dec.
play it safe.. get benefit from this crash and the upcoming ones
on the chart above the key level for support areas are labeled ......
On D1, the price moves to the 38.2% Fibonacci level on a logarithmic scale. RSI is near the overbought level.
On H4, a movement has formed between the price and the RSI. Moreover, the RSI is at the overbought level.
We recommend selling ADAUSDT when the price will be broken the downward trend line on H4.
Hey everyone, my old T.A got wiped out right before I posted, so I am going to give you the summary since I need to go to bed. Basically, we can expect ada to be headed down. As you can see from my wave count, we have finished the wave 5 of the wave c of the great wave 5. The Rsi and macd are bearishly diverging, especially the 5 minute rsi, which shows lower...
Hey to all!
Cardano price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying from the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
It is worth considering purchases in the Ichimoku cloud from key support levels of Fibonacci (50% - 61.8%).
The price broke...