I believe this will play out leading up to the 2024 BTC halving on 4/30/24, with the Bull run kicking off after that event.
Possible sell position on ADA/USDT. Entry: 0.3546 TP: -0.13 FIB or -0.27 FIB or $0.34 SL: 0.27 FIB (or $0.3587)
In my opinion ADA can create a head and shoulder in the coming days/weeks, and then its fly.
Hello Cardano community, I have conducted a simple technical analysis of Cardano and have identified a significant development. The cryptocurrency has recently broken a downtrend line that had been in place for an entire year. This suggests that the market sentiment may be shifting from bearish to bullish, potentially signaling upside momentum for the asset. Is...
A resistance can be seen in the midline of the channel, which in case of failure, the ceiling of the channel and the desired number can be reached. Otherwise, the support lines are available at the bottom of the channel.
Hello everyone, I invite you to review the ADA chart in pair to USDT on a one-day interval. Let's start by marking the downtrend line that the price is currently trying to break, while locally we can mark the uptrend. Now let's look at where the price will meet resistance on further increases, once we cross the downtrend lines, we can see resistance at $0.41,...
As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to...
Hi Traders, Investors and Speculators of the Chart📈📉 Cardano looks like it's gearing up for another big move; currently consolidating under the resistance zone (which is bullish). Since the last update on ADAUSDT, ADA has increase 62% and from technical indicators RSI and Phoenix Ascending, it looks like it want's to do another 60% ⬆ with TP target just under...
The price is now on the previous resistance with the 3rd degree divergence sellers might show at this price. Fractal Candle is now visible on 1D.
Aiming long for ADA. A lot of Alts are going to pump imo. .76 - 1.03 is a strong magnet pull. Thanks for following. Comment if you have any other ideas. Don't get to greedy and make sure your taking profits on the way up when all these Alts start running. This isn't financial advice, they are just my ideas and opinions. DYOR
Cardano (ADA) technical analysis: Trade setup : Bullish Breakout from Falling Wedge pattern (above $0.30 resistance), with robust volume, signaled trend reversal. Price reached our target $0.40 horizontal resistance zone (also 200-day moving average). Now we wait for price to 1) break above $0.40 to resume uptrend with upside to $0.50, or 2) pull back near...
Ada has reached the trend line, which makes me expect a breakout.
In the chart, we can see the break of the trend line, which has approached the resistance area, and I have specified the continuation of the trend according to this important area in the chart. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision.
ADA Long Trade "This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, including Cardano (ADA). Please conduct your...
Falling Wedge Already Broken On Lower Timeframes Expecting Test Of Trendline In Daily Timeframe (0.31 to 0.33) Area And If More Then Year Old Trendline Got Cleared Then can Expect Move Towards 0.43 / 0.57 /0.75 In Midterm rsi Also Printed Bulish divergence (Another Sign OF Reversal Sl Can Be Placed Below Last Low
Cardano's main trend is still bearish , but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run to 0.38 area. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your...
Trend study shows that ADA looks to get back to an important level where it can increase in the coming time. The next expected target for ADA is $0,59 The same as we did expect for OCEAN since the $0,15, we do in this target for ADA. ADA is since a long time out of the trend, and it seems today to get back to that level. The first breakout of ADA would be...