Cardano failed to break the last high, and the resistance zone did its job well, preventing the price from growing further. With the return of the price, we see the formation of a double-top pattern. If the selling pressure is to the extent that it breaks the support area downwards and confirms the price pattern, we expect the price to experience the price area...
From mid-October to December, BINANCE:ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year. The recovery from this recent decline appears feeble, marked by a lower high on our chart, and...
Hello fellow traders, hope everyone is doing well. In this post I try to explain What & Why is expected from Cryptomarket in Q1 2024. This idea is based on micro and macro economy outlook, in which the most important part is Interest Rate of FED as a moving tool. Aswell, note that current market environment in which Interest Rates was elevated occured only ...
Hello guys! adausd has formed a cup and handle pattern and its handle will continue to touch FL zone i mean $0.22 and after that this cryptocurrency can break out handle and touch main target for sure (final target $19) i know this is crazy but what is not!!! If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
• After breaking its ascending trend line, Cardano tested its major support at the daily Fibonacci zero zone. • Subsequently, ADA rose and is currently positioned precisely at its key support area. • Should the price fail to stabilize above this support, especially with the bearish pattern nearing completion, a return towards the lower support is...
Cardano ( CRYPTOCAP:ADA ), the renowned blockchain platform, is gaining significant attention as a potential candidate for future exchange-traded funds (ETFs) in the U.S. With the cryptocurrency community actively discussing the approval of altcoin-based ETFs following the green light for Bitcoin ETFs, Cardano has emerged as a front-runner in this new wave of...
Trade setup : Price remains in an uptrend. Following a bearish breakout from an Ascending Triangle pattern, price pulled back near $0.46 support, which could be an attractive swing entry in Uptrend with upside potential back to $0.65. Stop Loss (SL) at $0.43. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
I believe that Cardano will have a great run this next bullrun. The chart looks bullish and I believe it has finished its correction and consolidation, considering it only did about a 10x in the last run give or take, I think this one has some room to grow. This next one may be the big run for ADA in my opinion. In the short term I see ADA falling down about 40%...
a survivor with solid community and supporters tested through times and strong hands with huge volume from seed rounds to reset accommodation levels have been rewarded year after year
It seems that 28 cents is cheap. If it can pull back a bit?, it's possible, but it's not impossible that it won't happen. This analysis may help someone. BS OR BBS - Buy signal or big buy signal SPU - Support point up PS Don't forget to SUPPORT the analysis and FOLLOW if you like MoralDisciple more.
Hello everyone! The crypto sphere is buzzing with the recent approval of the Bitcoin ETF, sparking a surge in altcoins. Among them, Cardano has been stealing the show. We've seen some successful entries with Cardano, including a notable one at $0.25. However, the critical level to watch now is $0.6863. Cardano must break this to signal a major breakout. This...
By checking the Bitcoin chart, we can see that yesterday with the fake news that was published by the American SEC Twitter account (it was hacked) and said that the Bitcoin ETF was approved, the price of Bitcoin was pumped up to about $48,000, and after the fakeness of this The news was published that Bitcoin was dumped up to $44,700 again, and this caused FVG to...
CRYPTOCAP:ADA is breaking out on Daily Timeframe and possibly will go higher from here! Market entry 10%, limit entry 2 (20%), limit entry 3 (70%). SL is wide so be careful!
SOL vs ADA - A Market Cap Risk Comparison CRYPTOCAP:ETH , CRYPTOCAP:SOL & CRYPTOCAP:ADA can all rise together & one may win out over the other but I think this chart emphasizes the increased potential -92% downside risk in CRYPTOCAP:SOL CRYPTOCAP:BTC , CRYPTOCAP:ETH & CRYPTOCAP:ADA have c.60% downside to their recent lows by comparison. This also...
By checking the Cardano chart in the weekly time frame (logarithmic), we see that the price fell after reaching the supply range of 0.67 and corrected to $0.46! If the price stabilizes below the supply range of $0.56 to $0.68, I will have a higher probability of falling from Cardano in the medium term! Only if the price breaks the $0.68 resistance and stabilizes...
ADA still inside channel down, and already touch classic resistance at 0.5473 Bearish will continue to reach 0.4340 this is minor support for ADA. there is two trading plan here, follow bearish with short and target at 0.4340 or buy limit at 0.4340 Good luck I will update this analysis if i found a new key level.
CARDANO - CRYPTOCAP:ADA / BTC On Nov 1st I advised the following: ✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now). ✅ Bull trend confirmation = break above 50 SMA ✅Great risk/reward with stop under diagonal support Folks this could be the beginning of a long running upward move. A close above the 200 DSMA is...
Greetings, Cardano has been one of the strongest projects in cryptosphere with ADA performing tremendously in last two bull runs. - The top of last bull cycle was $3.03 which was 170x of the bottom. - The bottom of this cycle (~0.23) is more than 10x above the bottom of the previous cycle (~0.018). - Being realistic and reasonable human being, we do not expect...