Cardano currency is in a 40-day upward trend, which is close to its 2-year downward trend, so it has a 20% chance of growth to this downward trend, and we have to wait to see the reaction of this currency to this resistance range.
Hello everyone, I invite you to review the ADA chart in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving. Now let's move on to marking the places of support. And as you can see, we have the first support at $0.29, then we have a support zone from $0.27 to...
At the beginning of the year, ADA holders rejoiced that their coin was one of the first to break the long downward trend and that its price was expected to grow strongly. However, there were 5 attempts to break above the strong mirror level of $0.42-0.43 and all failed, so it turns out that "someone" was selling out. Did "they" know in advance that in early...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! ...almost a full retrace of the dilly. This is a good place for bulls to prove themselves. Losing this level wouldn't be the greatest look, MO. Other levels of...
Hello everyone. Recently there was an idea for ADAUSDT that achieved its goals. Therefore, we will make a continuation of the forecast. The price has reached its trend line and at the same time to the support level of 0.3. Therefore, there are good chances to test the level and go at least to the last peak of 0.35.
CRYPTOCAP:ADA update... #Cardano is bouncing on R/S mtf level... Waiting for a breakout on the meme trendline and retest to jump in... Target 0.618 fib... Only when confirmed... #trading @Cardano
💎Yesterday, #ADAUSDT exhibited a precise bounce off the 227.2% Fibonacci retracement level, instilling strong hopes of an imminent trend reversal. However, caution is warranted as the price approaches a supply zone and remains below the downtrend trendline. At present, the market does not present the most secure buying opportunity, and sellers should remain...
• ADA is one of the big winners following XRP’s legal victory. The chances of ADA being deemed a security are reduced. The probability of a new bear market low is diminished as well. • On July 13th and 14th, ADA had a massive price increase of over 30%. Currently, it is retracing to the liquidity pool it left behind. • The closest support level is the previous...
After the break above the falling wedge at the beginning of the year and the spike above 0.4 resistance in April, AdaUsd fell under 0.3 support and May and made a new local low. However, XRP news brought optimism also for Cardano and the coin rose strongly and unconquered 0.3, resistance at that moment. After the spike in the middle of the range, the coin has...
Hey there!✌ ◼In the daily timeframe, as you can see, the price is still moving between the range of 0.26 and 0.30 and remains within a consolidation phase. The scenario to consider in the daily timeframe is as follows: after the price range, if the price establishes itself above the resistance level, there is a potential for further price growth towards the...
Hi guys, let's look at the current situaition on Cardano. Cardano finally managed to break 0.3 resistance on the news that Ripple partialy win in its court battle with the SEC. Cardano price almost reached 0.38 which is important for the price rise continuation. After such big rise there is some correction is expected after which there should be continue of...
It's time to buy ADA Cardano on Spot. The was two strong consolidations on H4 chart, now bulls are ready to reach 0.5 usd level. Potential profit +50%...
All explanations are clear on the chart If you have any questions, ask in the comments Thank you
💎 ADA is currently showcasing an intriguing pattern, as it's trading within a tight symmetrical triangle, hinting at a potential breakout on the horizon. 💎 At this moment, it's navigating within a high-demand zone, and the RSI is signaling a substantial upward momentum. Moreover, an anticipated crossover of EMA 21 and 50 could further bolster the bullish...
• ADA’s strong move up yesterday left only one demand zone on the 1H timeframe. Therefore, I am basing my entries on a retrace to support. The SL is pretty wide, so I don’t recommend leverage on this trade. • Please be aware that a retrace to 0.30 USD is on the table, at least on my opinion. Trade Idea: • Entry: 0.33 • SL: 0.298 • Target: 0.46 • R: R: 1:5 • TP:...
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If you haven`t sold ADA here: Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ADAUSDT chart) This rise did not turn the trend into an uptrend. Therefore, I think that the movement to switch to an upward trend will begin only when the price rises above the 0.3032-0.3731...