At $0.46 BINANCE:ADAUSDT has hit resistance and formed a double top.
We have had a nice altcoin pump, now it's time to retrace.
If Bitcoin keeps going up, Cardano could break through this resistance pretty easily, but a short for a few days may be lucrative.
BINANCE:ADAUSDT is forming a breakout of the key pattern resistance, but we have not seen a corresponding reaction yet. The price is updating the 6-month high, but we did not wait for the distribution. Hopes are fueled by the formation of the "Cup with handle" pattern and the Golden Cross of MA200 & MA50
A reversal pattern "Cup with handle" is forming in...
ADA will create the right shoulder of a bigger H&S on higher timeframes and will reach 14-25$ in wave 3.
And it will top out probably on a Monday... ;)
Cardano has completed a large symmetric weekly.
The movement after this pattern was important for us, with this sharp movement it was confirmed that we are not facing an X wave, but a large bullish branch is forming.
After hitting the supply area and correction for several weeks, we expect a strong bull run from Cardano above ATH!
Cardano (ADA) is about to explode with potential, aiming for a target of $1 and beyond!
Cardano, the blockchain platform that has been captivating the crypto community, is making significant strides towards becoming a force to be reckoned with. With its unique approach to scalability, sustainability, and security, Cardano has been gaining momentum, and the time...
ADAUSDT Technical Analysis Update
ADAUSDT Currently Trading at $0.371
The ADA price broke its trend resistance line with high volume.
Buy zone : Below $0.372
Stop loss : $0.339
Always Keep Stop Loss
Hello dear traders .
Good days .
On long term Monthly Gann square exactly after passing Reversal time zone ADA price rise about 60% .
ADAUSDT is on side way and collecting spring for minor and next major Bullish rally .
Road map is plotted with help of Gann Square and Gann Box .
Good luck and safe trades .
Thanls for your support and comments .
Hi everyone,
Cardano managed to break 0.42 resistance level and almost reached local high at 0.46 set in April 2023. At this point 0.46 level is the main obstacle for continuation of price rise.
In case if ADA will manage to break this level then road open to go above 0.5 rpice level but I think that Cardano won't manage to break this level unless Bitcoin goes...
CARDANO - CRYPTOCAP:ADA / BTC
On Nov 1st I advised the following:
✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now).
✅ Bull trend confirmation = break above 50 SMA
✅Great risk/reward with stop under diagonal support
Folks this could be the beginning of a long running upward move.
A close above the 200 DSMA is...
ADAUSDT
We suggest considering the option with growth. If ADA manages to break through the green resistance line and consolidate higher, then the growth option will become a higher priority.
When breaking through the resistance line, you should pay attention to the following targets: 0.3749 – 0.4479 – 0.4978 – 0.5601.
The growth scenario will not be relevant if...
Hi Traders, Investors and Speculators of the Charts 📈📉
A quick look at the Fractal that played out on Cardano during Jan - Feb 2021.
A Big demand zone lies a little lower towards the support, and if we take a quick look at Phoenix Ascending (EMA, RSI, LSMA and Momentum) more downward price action seems the most likely for the near future. However, trying to...
Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum.
I seriously doubt it will surpass any of the 2 (BTC or ETH) but i do tend to think it will be in the Top-5
At the same time, Cardano’s loss to Base leads to...
Today, I am thrilled to bring your attention to Cardano (ADA), as it enters a compelling buy phase with a strong upward channel. This is an exciting moment to seize, and I strongly encourage you to consider going long on Cardano. Let's dive into the details!
Cardano, the third-largest cryptocurrency by market capitalization, has been displaying impressive...
