Cardano broke down from it's consolidation structure and is now headed to the next level at 33c. 33c is: - The next major level of support - The 1.618 of a bullish butterfly (although not perfect) - The exact measured move of the triangle We had a bullish bias towards this consolidation structure, as we did for many of the altcoins, however that has now changed...
Friday's price action has a couple of very strong confluence. First the double bottom at 0.5 fib level, and second, RSI bullish divergence. EW perspective, this could be an ending diagonal to end wave 5 of C. This could also be wave 1 of 5 of C; so, we wouldn't know for sure unless we see price move above $0.57. We could see a sharp move up for ADA which could go...
Hello community, The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between USDT is significant due to the presence of sharks 🦈, who are...
Cardano price today is $0.37with a 24hour trading volume of 610 million dollar. ADA price is up 3% in the last 24 hours and 45% up since last month what is cardano? well, cardano is a proof of stake blockchain cryptocurrency founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. The Cardano blockchain was created for decentralized application...
Hello, Skyrexians! While Bitcoin is locked inside the price range between 60k and 70k, altcoins look dead. While we saw fantastic rally for Bitcoin, Ethereum, Binance coin and other largest altcoins, most of crypto assets are still testing the bottom. This price actions can disappoint even best crypto traders. People usually trading cryptocurrency for profit, but...
Cardano has dropped to the support area of $0.42 - $0.43 and collected liquidity. We might see a test of the support area and some accumulation. This is a good time to monitor ADA around this support area. The resistance zone is at $0.49 - $0.50.
NECKLINE needs to hold! Things are getting more ominous for #ADA
By analyzing the weekly (logarithmic) chart of #Bitcoin , we observe that the price has been trading around the $70,000 range for the twelfth consecutive week, showing no clear trend! Despite this sideways movement, I remain bullish on Bitcoin. My targets are $77,000, $85,000, and ultimately $100,000! Please support me with your likes and comments to motivate me...
I'll simplify on this one -- reflective of ADA's non complicated nature. KEY NOTE: WEEKLY Price Yearlong standing price support -- currently bouncing off it with accuracy. WEEKLY NET VOLUME surge. Weekly Histogram Higher Lows. Thinning movements on the lower price range -- HUGE HINT. Currently sitting just above 1.0 FIB level -- beyond bargain / discount. THIS...
Hello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the...
💎#ADAUSDT has impressively surged above the descending channel and it's now in a critical phase to retest resistance turned support. The Point of Control (POC) of the VRVP Channel provides additional backing and boosts the likelihood of maintaining this bullish trend. 💎If #Cardano successfully maintains the retested support at $0.425, we expect a robust rally...
By checking the GTAI/USDT chart in the 12-hour time frame, we can see that after the last analysis we had, the price started growing again and reached $1.60 with an 8% yield! Every time I post an analysis of this cryptocurrency, we see a very attractive growth of it, today again the price has doubled the attraction of buying, both for those who are holders and...
By examining the #DogeCoin chart on the weekly timeframe (logarithmic), we observe that the price has increased by more than 18% since the last analysis and is currently trading around $0.165. I continue to anticipate an explosive growth for DogeCoin in the near future. The most significant demand zone is between $0.075 and $0.091. The upcoming price targets are...
Cardano is currently testing the support level at the bottom of the triangle. This key point can play a crucial role in determining the future price direction. If this support level holds, there is a possibility of an upward movement and a price rebound to higher levels. However, if this support is broken, a continuation of the downward trend and further price...
NOT FINANCIAL ADVICE TL;DR Bear Pennant / symmetrical triangle, No Trade Zone, wait for breakout. Long target is $0.62, short target is $0.26 BITGET:ADAUSDT has been trading in a symmetrical triangle (potential Bear Pennant) since April 13th. For me it's a No Trade Zone now, a breakout is needed to determine the direction of the next trend Fairly respected...
Hello my friends Cardano is getting squeezed to start a new move up. The red lines indicate the range of the daily price range According to the chart, I am looking for a suitable setup for a long position in the specified range The confirmation will be done in 15 minutes This post will be updated, please let me know what you think about it
With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : ...
- Ok here i will try to explain altcoins markets possible movements before the real bullrun. - so i called it " Pre Rally ". - why i always use Cardano as exemple ? - Because Cardano is older than other altcoins projects and have liquidity. - Why i don't use Ethereum ? - Because ETH is stronger than regulars altcoins ( i don't consider it as altcoin...