Needs to sty above both green trendlines to trigger the breakout *not financial advice*
🔍Cardano (ADA) has broken above its previous resistance level and formed a higher high on the weekly timeframe. The coin has also successfully broken through the supply zone at $0.6 and activated a rounding bottom pattern. 🛒Currently, ADA is in a good position for a long trade. However, if you want to be more conservative, you can wait for a pullback to the $0.65...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #ADA One more squirt up, min, would make this variant a bit prettier. .6788 break from here, would say ext W5.
I am following this chart since 05/07/2022. It is not a prediction for investment. I explain why I continue to hold my own portfolio. Currently 122% has been added to the purchase price.
Cardano weekly chart update We have a beautiful bullish break above the important volume POC at 0.45 dear #CardanoCommunity 👀👍 Here are my TP levels based on FIB retracements and please consider the lack of volume on the way up TP1 at FIB 38.2% 🟢 0.60 TP2 at FIB 50.0% 🟢 0.825 TP3 = $1 mark⚪️ TP4 at FIB Golden Pocket 🟢 1.20 Of course a bearish scenario always...
Looks like it’s well on the way to its target. *not financial advice*
The price action between June and October last year as minor wave 1 and 2 bugged me a lot. The move between June 8 and July 14 looks like an obvious 3 waves. I tried to make it fit with 5 waves, but it was a stretch. The current price action is also an obvious impulse move. The leading diagonal idea is not valid any longer since the current price action moved up...
Secondary trend. Logarithm. Timeframe 3 days. The same parameters on the line graph. local trading situation . Clamping zone. Timeframe 1 days. ADA/USD Local trading situation The main trend for understanding accumulation and distribution zones. Timeframe 1 month ADA/USD Main trend
Local trend. Clamping zone. Logarithm. Timeframe 1 day. The same parameters on the line graph. Secondary trend for understanding the work area. ADA/USD Secondary trend. The main trend for understanding accumulation and distribution zones. ADA/USD Main trend
💎 ADA's recent market performance is making waves, evidenced by a robust bullish candle on the daily close. This pattern suggests a potential resurgence in its upward trajectory, aiming for a significant resistance target. Investors and traders are closely watching this development, as a sustained upward movement could signal a strong bullish phase for ADA. 💎...
Cardano ( CRYPTOCAP:ADA ) has emerged as a beacon of hope and optimism, charting a remarkable path towards its yearly high amidst Bitcoin's historic rally. With each upward surge, CRYPTOCAP:ADA finds itself inching closer to the coveted $1 mark, igniting excitement and anticipation among investors worldwide. February's Fantastic Performance: Cardano's...
ADA has made an unexpected move upward that has confirmed the next bull market. In my last analysis, I was keeping a leading diagonal count as the primary count. That also meant some serious corrections before the move up. However, ADA is making some great strides and the coin price is responding accordingly. If the June to July 2023 price action can be fit in a 5...
💎ADA has recently undergone significant market dynamics, breaking out of a key resistance level area. There's potential for the price to undergo a retesting phase, initially testing support around $0.68, before resuming its upward movement, potentially reaching our target area. 💎 However, if during the retesting phase, ADA fails to bounce or even breaks down...
Hi everyone, Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase. ADA price already lost almost 30% from its local high and probably this number will continue to increase. At the moment the main support located at 0.46 price level but most likely this support won't withstand for long. In the near future I expect ADA...
Cardano may have been finished 5 waves to the upside as the price hit 2.618 fib extension for wave (1) of bigger degree wave ((5)). Below 0.7650 we are looking to the downside to complete a 3 waves structure, wave 2. On this count we used log scale!
-ADA is in the Process of printing a high time frame (HTF) wave 1 (W1) -medium time frame (MTF) is in the final stages of printing its W5 -The 1-1 targets for price and time have both been broken. The next target is the 1.618, which is $1 by march 18. -On the LTF in order to reach $1 we would need to see a 5th wave extension to the 3-1 fib in time and...
$0.635 resistance level for LSE:ADA is HUGE.... we've failed here 7+ times over the last 80+ days. Once LSE:ADA can close above/rip through this resistance we should see $0.77 quickly. WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot...
Wyckoff accumulation on the daily chart is complete. We have been in this period for more than a year. Breakthrough with strong volume is desirable I am of the opinion that every buy dip is good on ADA