Clouds with some sun ⛅️ breaking through lie ahead over the next 24 hours and one-week horizon. 📊 According to ATTMO, this hints at a slightly bearish market with downside risk.
But wait, there's a ray of hope! ☀️ Cardano is poised to bask in sunnier days over the longer one-week horizon, suggesting a slightly bullish market with upside potential. 🚀
Cardano's current market stance is under the influence of a strong sun ☀️, hinting at potential changes ahead. According to ATTMO, an AI-powered crypto weather forecasting tool, this solar presence could signal a forthcoming market correction.☔
Investors and traders are advised to keep a watchful eye on Cardano's movements as it navigates these uncertain...
ADA is trading at 0.2620 currently. And there is sell side liquidity above the previous high where are many stop losses of traders. Market will go up to 0.2750 area to grap liquidity and this is my Short Entry. Targeting below the previous low wick on buy side SL hunting.
Considering the Cardano chart, it seems to me that with a pullback to the designated range on the chart and due to the presence of long orders within this significant range for this currency, the growth of this currency is likely. Therefore, with capital management in mind, we can consider going long on this currency with a leverage of 5 in the...
NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
today we have one of the best risk to reward Investment opportunity
it is more than 290 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
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...
As you can see price has been in a downtrend for a while but for now we can clearly see an ascending triangle pattern that oftentimes lead to a trend reversal.
My trading plan is laid out clearly in the chart. You can see TPs and SL as well as the best entry point. You can either wait for the breakout of this pattern or even a breakout and re-test approach...
On the 4-hour chart the trend started on June 10 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3338
But do not forget about SL = 0.2161
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Revolut, a prominent digital investment bank, has made a surprising move by announcing the cessation of support for three major tokens — Cardano (ADA), Solana (SOL) and Polygon (MATIC). The news, revealed by esteemed crypto journalist Colin Wu, came to light after Revolut reportedly sent an email to its U.S. users, notifying them of the impending delisting.
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...