🔥Hi, friends! Cardano like most of altcoins follows the BTC. I expect one more BTC pullback, so ADA can go lower too. I think that Cardano will pump by +20% at least. 📊 TRADING PLAN FOR ADA: 1. pullback to $0.345-0.3 value area 2. volume growth confirms that the bottom reached 3. bullish BTC 🚩 One more scenario is a pullback below to the $0.32-0.33 value...
Currently, ADA is displaying a triangle pattern, indicating an upcoming breakout. However, given the fundamental background, the likelihood of a downside breakout is higher, particularly as the price approaches the 0.786 level. Notably, the 0.34 area has seen significant buying interest, suggesting that this may be the target if ADA does break the trendline and...
HI Guys, good technical situation and good fundamental news, SecondChanceCrypto ⏰09/April/23 ⛔️(DYOR)
The price of ADA continues to be supported by the announcement of Cardano`s EVM company Milkomeda over the forthcoming network upgrade, which will allow all users of Cardano network to access smart contracts on Ethereum VM through ADA wallets. The resistance line at $0.40 remains supported, but the coin did not manage to break this level for the last two weeks....
We had previously published an analysis of the ADA model, which we thought had a diametric. Considering that the post-pattern movement of G wave did not occur from our diametric, it seems that the pattern is out of diametric and is symmetrical. The previous analysis has expired and this analysis is valid unless there are changes announced later.
Let's talk about Cardano (ADA), the cryptocurrency that's been making headlines recently. So, ADA is currently trading at $0.3797, which is a drop from its recent highs. Looking at the 4-hour timeframe, we can see that ADA has an RSI of 41, which means it's in the oversold territory. If we take a look at the Fibonacci retracement levels for the 4-hour timeframe,...
There is a breakdown of the structure, there was also a swing high, which would be cool to lift the ego ($0.4047). Before entering the poi, there is liquidity, which confirms the validity of the zone of interest. For targets: eat 0.3897 - 0.3977 - 0.4040
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. CARDANO ( ADA ) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish Butterfly Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab...
The chart speaks for itself. TV is requesting me to make a longer description to be able to publish this idea so I'm writing this just to fill it up. Au revoir
Price of Cardano has moved by more than 50% since Jan 2023. $0.4234 is currently acting as resistance. If price rejects this level we might see it moving down to its support level of $0.3293. On a daily timeframe, we see price is above 21 & 50 EMA and RSI > 50 which shows bullish momentum in the price. If the bullish momentum continues and price breaks above...
My price for ADA in April: 0.526 The ADA is still at 5, and its next resistance is at 0.4106, now with the week's volatility due to the payroll, it could go to its support at 0.3799, which is the median of the Bollinger bands. Prognosis is good, as a very important news and which may increase interest in ADA is that EVM (Ethereum Virtual Machine) will be added to...
Cardano (ADA) is on a bit of a hot streak lately, with the price currently sitting at $0.3970, a gain of 3.70% in the past 24 hours. The asset's Relative Strength Index (RSI) is also showing that it's in overbought territory, at a level of 61. Looking at some other indicators, the Fibonacci retracement levels on the 4-hour timeframe are worth keeping an eye on....
Cardano is a network with so much potential and so little market support. But its struggle to sustain its market position is certainly something for respect. During the previous week, the price of ADA was supported by the announcement of Cardano`s EVM company Milkomeda of forthcoming network`s upgrade, by which, all users of the Cardano network will be able to...
The answer in short = Yes! On December 2021. It happened. ADA up-trended from $0.1263 to $2.47 in just 20 weeks. There was bag holders (Strong Resistance), they decided to sell their primary bags in just 1 week. ADA dumped to $1.010 on 17 May 2021 and again to $1 on 21 Jun 2021. ADA investors filled their bags at $1.02 on 19 July 2021 to get ready for the last...
The red river of death… ADA is making its attempt to cross the river. I have talked about this before GOOD LUCK A GANN study DCA SAFELY THE Oracle will test your worth around .70 be honest ADA
This is the same pattern all the Altcoins are showing and we already know that the market is interrelated. What one does, the rest follows. I will keep it simple. | Cardano (ADAUSDT) #1 | A low was hit in December 2022, the reversal starts this date. #2 | The bullish breakout happens in January 2023 and peaks February. #3 | A correction starts and ends...
Cardano cannot be left behind when an ALTSZN comes. Cardano has one of the biggest ecosystems and it only keeps on growing which is a very important key factor to knowing which alts will go up the most. "Never underestimate communities" Even XRP,DOGE, SHIBA which people normally tend to throw hate all the time but they hold bigger communities than 99% of the...
‘Cardano Will Be a Top EVM Chain Next Month’ Cardano users are soon expected to be able to access Ethereum Virtual Machine (EVM) contracts straight from their Cardano (ADA) wallets, increasing the network’s value for users and developers. An Ethereum Virtual Machine (EVM) is a runtime environment for executing smart contracts on the Ethereum blockchain. It...