HI TRADERS ✌The possible scenario of ADAUSDT is specified. ▪️By examining the ADA chart in the 3-day time frame. As you can see, the price has been accompanied by selling pressure from the supply zone. It is currently trading in the range of 0.38. 📈In the long term scenario that we can consider if the price penetrates below the range of 0.37, we will see...
During the previous week ADA clearly started its reversal move. The support line at $0.40 had been clearly broken at the beginning of the week, and the coin continued its road down to its minimum weekly level at $0.37. Selling orders are prevalent at the end of the week, in which sense, it might leave some space for further drop in price until a clear oversold...
We are approcaching the time to get some entries preparing for crypto bull run as we are approaching Bitcoin halving that normally moves the market a lot. This is just my analysis and not a financial advice
As we can see in the chart, if the important range is broken up, we will expect the price to increase. And if the trend line is broken, the downtrend will continue. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
Cardano bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.4188 is expected to happen.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
This is my view for the coming days, I don't have much description because I believe everything is clear on the chart.
In this update we review the recent price action in #ADAUSD and identify the next high probability trading opportunities and price objectives to target *Past performance is not indicative of future results*
ADA had a relatively solid week. Although its price was suppressed to the downside and the lowest weekly level at $0.37, still the coin managed to make another move toward the $0.40 resistance line as of the end of the week. Highest weekly level was $0.41. Still, as of the weekend, selling orders started to emerge, which might impact the price of the coin at the...
By checking the #Cardano's chart in the daily time frame, we can see that it is trading above the Institutional Support level + POC Line , I expect that if it maintains the support of the range of 0.37 to 0.39, it can move again to 0.46 as the first target and 50 cents as the second target! Follow me for more analysis & Feel free to ask any questions you have,...
Hi Traders, If history repeats, we have a similar potential play so lets plan and if it plays accordingly, make the trade. Please give me a like and share, Regards, S.SAri
Past Performance of Cardano The uptrend might still be valid, and ADA is up over 50% from mid-March, but the coin could further correct from recent peaks. Notice that the coin is lower, pulling back from last week's highs. The resistance line remains at $0.41, while support is at $0.37. Any comprehensive close above those lines will shape the immediate to...
ADAUSDT forms a support base on the background of a technical pullback in the area of 0.3750-0.3800. An uptrend is forming after breaking the previous one. Bitcoin recovered most of its fall yesterday. One of the main reasons is again related to the banking sector. Cardano also reacts to the growth of the flagship. The price makes a retest of the key...
Cardano (ADA) technical analysis: Trade setup : Price is in an Uptrend, trading in a Channel Up pattern. Likely to revisit the channel resistance trendline around $0.50, which also lines up the horizontal resistance zone. After 3x failed attempts, price finally broke above $0.40, indicating that buyers have soaked up all the supply from sellers and price could...
After the high in the middle of April, AdaUsd started to correct and found support at 0.38. With 3 reversals from this support (including yesterday's flash drop) this zone should be a strong floor and a new leg up is probable. 0.42 is resistance and a break here would expose 0.46 recent high with good chances of continuation to 0.5 and above. As long as 0.38 is...
Let's go back to Cardano because this is one chart, one Altcoin, one pair that looks really good... Let's focus on the bigger picture and not just the short-term. Notice on the left side of this chart, the black downtrend line... It has been broken. When a trend is over, ends, a new trend develops. As the bearish trend is over, a new bullish trend takes...
Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of Rising wedge coupled with bearish divergence (Bearish reversal pattern) SL & TP Levels are defined.
ADAUSDT Thoughts An inverted Head and Shoulders pattern has formed on the Cardano chart. The line of the right shoulder has already been broken and the impulse went up. Judging by the general situation on the market, it is worth considering opening short-term positions on the spot on ADA with the final target at 0.5542 (tp is set taking into account the...