The formation of the formation will be confirmed by a decline confirmed by a large trading volume. The minimum range of decline, measuring the height of the formation from the neck line down, is ~ 0.35. However, it should be remembered that such a movement may occur in an interval of 4 hours or 1 day - so the movement may last a week and a long time...
In this...
Hi everyone,
After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it.
Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in 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.
Happy Sunday everyone,
this analysis is a medium term analysis, which closes the position in the next two or three months.
In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart.
Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to...
ADA, is currently trading within a range of prices, specifically between 0.5588 and 0.5988. There are two scenarios to consider:
If ADA maintains its price above a certain level, marked in green, and then breaks above another specific price point at 0.5934, we might see a significant upward movement of about 24%. The target price for this potential move is...
CRYPTOCAP:ADA has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we have broken out of the resistance at ~0.68. This move confirms our pattern and makes this a well calculated long entry position.
I expect a 70% increase in the price...
💎 Greetings, paradisers, #ADAUSDT currently, it is meticulously maintaining momentum at a critical support level of $0.5596. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge.
💎 Despite failing to break the previous high, short-term bearish sentiments...
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!
🔍Today, let's analyze Cardano (ADA) on the 4-hour timeframe. After encountering rejection twice at $0.7971, the price experienced a downward leg, retracing to the 0.5 Fibonacci level of the previous wave before resuming its descent to the 0.618 Fibonacci extension, where it currently consolidates.
📉This level coincides with support at $0.5633, and a breakout...
Hello everyone, let's take a look at the 4H ADA to USDT chart as we can see that the price has broken out of the pattern trendline and is struggling to stay just below it.
Let's start by setting goals for the near future that we can include:
T1 = $0.69
T2 = $0.78
AND
T3 = $0.93
Now let's move on to the stop-loss in case of further market declines:
SL1 =...
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back. Now it’s consolidating in a Descending Triangle pattern. We wait for a breakout in either direction. Bullish breakout could see the price revisit $0.80, while a...
In 2 D chart ada looks bearish as consolidation of the H&S pattern.
Price now trading below 50Ema which confluence with 0.5 Fibonacci resistance...that's a pure bearish sign ...we expect 20% bearish wave from here.
Thank u and for more ideas hit "like" , "follow"!🎯
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Wow, what a mess.
The clearest thing I can see here is a ZZ pointing up and a move that retraced back beyond its origin.
Didn't squirt hard enough, it seems.
An impulse down would be ideal,
or could go sideways.
Hi.
COINEX:ADAUSDT
✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the...
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...
ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below...
ADA’s outlook is bearish for the following reasons:
1. Double Bottom formation. The first top is on March 4th at 80 cents. The second top on March 14th at 81.17 cents.
2. Cardano also formed a Head and Shoulders pattern between February 17th and April 2nd.
3. ADA is. Below the short EMAs, the 21 and the 50.
Should ADA lose the 58-cent support, It could drop as...
![ADAUSDT: [ADAUSDT] - bearish wave incoming](https://s3.tradingview.com/e/ek5G9GAV_mid.png "[ADAUSDT] - bearish wave incoming")
