🏃♂️ Cardano(ADA) is moving near 🔴 Heavy Resistance zone($1.053-$0.746) 🔴 and Resistance line . 🌊According to Elliott wave theory , Cardano(ADA) seems to have completed Zigzag correction(ABC/5-3-5) . 🔔I expect Cardano(ADA) to start falling again from the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least fall to the 🟢 Support zone($0.661_$0.633) 🟢. ...
#ADA The price is moving in a descending channel on a 4-hour frame We now have a successful penetration of that channel upward We have oversold conditions on the MACD indicator We also have a higher stability moving average of 100 Entry price is 0.5230 First target 0.5443 Second target 0.5852 Third goal 0.6391
Aggressive Trend Trade 2R - long impulse + biggest volume T1 level + biggest volume 2Ut- + weak test + better the the first closed bearish bar entry level Calculated affordable stop loss 1 to 2 R/R take profit Daily chart context + short balance + CREEK level + resistance level
If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions. It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached...
TLDR: ADA finished its correction. The target for the next impulse is between 1.17 and 1.25 Dollars. Background: Between ADA October 18th and December 12th, 2023, ADA’s price rose 186% to 68 cents. Following this impulsive PA, ADA entered a correction that lasted 42 days with an overall correction of 35%. The proportion between the impulse and the correction...
Hello, after a long absence, back again to analyze the financial markets. This is my analysis of the Cardano currency. It appears to be in a positive state with the formation of an upward channel as shown in the analysis. Good luck to everyone.
TRADE ALERT! Ada Ticker: ada/USDT Entry:0.51-0.53 Take Profit: 0.6180-0.6385 Stop Loss: 0.4739 Risk to reward: 1:2 Technical Thesis: Price saw a correction upto 0.618 fib ratio The area of 0.5 fib and 0.618 fib is where price is holding and is expected to bounce. Keep an eye on 0.53$ to 0.51$ area for long position.
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? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT chart) The key is whether the price can be maintained above 0.1720 and rise above 0.2974. (1D chart) Falling from the current position could mean falling to the bottom, so a...
ADAUSDT (1D Chart) Technical analysis ADAUSDT (1D Chart) Currently trading at $0.261 Buy level: Above $0.257 Stop loss: Below $0.24 TP1: $0.273 TP2: $0.3 TP3: $0.33 TP4: $0.35 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
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...
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
• 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...
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• Between June 10th to June 22nd ADA was trading in a range between the 0.25 – 0.29 USD. • During the weekend (Since June 22nd) ADA broke above the previous range high and tested it as support. • The New trading range is compressed between the 0.2857 – 0.305 USD. IMO, this tight range has to breakout to the up or downside. • Big picture, I am assuming that ADA...
The price has hit the weekly and monthly combined support and the price has bounced from there. A long is favorable from this support. In case this support is lost, next support levels are weekly support WS2 and monthly support MS2 as marked on the chart. It seems that the current support will hold on the weekly level so probability favors long. But in case in...
Welcome . Cardano is positive despite the market downturn. The currency has breached the bearish pennant with. Re-test the area. It also formed a very positive candle on the daily chart. There is a lot of pressure from the buyers to push the market higher. to 0.4000 in the first stage. And level 0.5000 good luck. Note: If you like this analysis, please...