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...
Following its robust bullish rally, ADA has been ascending within a channel. However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel. Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
📊Analysis by AhmadArz: 🔍Entry: 0.6453 🛑Stop Loss: 0.3646 🎯Take Profit: 0.6548 - 0.6667 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Trade setup : Price remains in an Uptrend. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back, breaking below $0.65-0.68 key level. We would be buyers near $0.57 support, which could be a swing trade entry opportunity in Uptrend, with +15% upside potential back to $0.65-$0.65 near-term. Stop Loss (SL) level at $0.52. ...
ADA made a bullish patterns Inverse Head and Shoulders i see if it broke out from the resistance Disclaimer:this is not a financial advice
ADA has just shown the bullish signal in short term (1h) timeframe. Targets and SL are given in analyzed chart.
If you haven`t bought ADA before the altcoin season rally: Now, I believe we are going to see a retracement from this Double Top formation, one of the most bearish chart patterns, to $0.53!
The current market analysis suggests that ADA/USDT is experiencing bullish continuation, indicating a favorable environment for considering purchasing ADA with USDT. This assessment is based on technical indicators and possibly fundamental factors, such as positive news or developments surrounding the project. On the daily timeframe, a significant buying zone is...
Tried to make this line up with fib times. W & Y are about equal in time and degree, this is assuming BTC rallies into the end of the year and bottoms in 2023 and that alts bottom a few months after it. The primary (3) impulse is taken from primary (1), added previous ATH trendline which seemed like it could be significant. Let me know what you think! ...
BINANCE:ADAUSDT (4H CHART) Technical Analysis Update ADA is currently trading at $0.5251 and showing overall bullish sentiment. ADA just broke out from descending triangle and showing overall bullish sentiment. If this trend continues, we can expect ADA to new highs soon. Entry level: $0.4980 - 0.5258 Stop loss level $0.4175 Target 1: $ 0.6160 Target 2: $...
BINANCE:ADAUSDT (1D CHART) Technical Analysis Update ADA is currently trading at $0.6642 and showing overall bullish sentiment. Currently ADA has formed a broadening wedge pattern and now the price is bouncing from the support line. We have a good opportunity a long trade. Use smaller capital than normal Entry level: $ 0.6639 Stop Loss Level: $...
Technical analysis The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to...
Here's another one, so ADA has been in correction as well, Based on the chart, the correction ended around 0.5800 From the current price, Im expecting for the ADA price to continue with the bullish rally to the new ATHs, for confirmation, if the next 4 hour candle closes above 0.6400 and the next candle after fails to go below this price, then long it without...
Hi. BINANCE:ADAUSDT Honestly, I don't feel like explaining because the chart says it all. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to...
If you haven`t bought ADA just before the rally: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.58- $0.62 range!
As expected, ADA dipped to below $0.66 and re-tested the ascending daily trendline. Above $0.66, bulls will be more active towards $0.76-$0.80. An inability to return to the bullish territory above $0.66 will result in a bearsih pressure towards $56,97 and a bearsih break-out of the trendline will lead to $0.523.
Support and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your comments