Hi everyone, After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it. Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in to...
Recently, the price of ADA has found support at a crucial level and there are signs of a forming bullish pattern. Additionally, previous support levels are now acting as resistance. There is a possibility that a new upward channel is forming, but overall, the current market trend remains bearish.
Trade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Trend :...
Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 12H time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of...
ADA ~ 1W 📈 #ADA This is a Support Zone that has been successfully retested. It seems quite interesting to make small purchases here with a minimum target of 15%+ 🚀
The treasury of Cardano, a decentralized blockchain platform, currently holds a value of $1.5 billion, reflecting a growing confidence and support for the Cardano ( CRYPTOCAP:ADA ) ecosystem. This accumulation of funds is noteworthy due to the upcoming shift in decision-making authority regarding the use of these treasury funds. Unlike traditional centralized...
There is a newly formed green strong long arrow that formed today. I only just now noticed it. Good sign.
RSI is resetting. Price action continues to drop while RSI climbs and resets. Likely another down turn coming this week. .30 cent ADA looks likely in the coming weeks.
hello guys and not guys. we crashed days ago, but for me. we are going to touch the MA line that i wrote, and then will Bitcoin touch 100.000$ based on the last 3 halvings. nothing more for today. ah yes, use your power, always use your power, think that life is not what they told us.
Some charts look better than others,. Cardano looks like to be dipping too low and should pop up in price, unless you believe Bitcoin is going to lose all of it's money invested after the halving. CCI says the price is primed for buying on most charts including ADA.
💎 The recent market dynamics surrounding #ADA have indeed been quite notable. Currently, ADA is positioned on the support area. 💎 Historically, when ADA has touched this support area, it has exhibited significant upward movement. Therefore, there's potential for ADA to replicate this pattern by bouncing off the support and resuming its upward trajectory,...
Trade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Price is also oversold (RSI < 30) and could bounce up near-term. Swing Traders: That support zone could be robust and a potential swing trade...
Next Phase? Could the next trend be even bigger than the three previously? Looks like that could be possible. How long will cardano slip, go sideways? Only time will tell. This picture is an imaginated outcome for the future of Cardano, and quite possibly all other altcoins, unless they don't apply, in example Solana (SOL).
Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started...
Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of...
Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact...
I am pretty bulish about ADA , it left so much liquidity and few high time frame BPR's (balance price range/ double imbalances) during the last drop. This BPR's are will be my take profit levels, only about 30% of my spot position will reach the ath (even if it ever will). It is possible target to reach but i am playing it safe. Green thick bars are places...