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
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has reached our target of $0.65 for a 17% gain. That’s a resistance zone where it got rejected in late 2023. Now we wait for price to either 1) break above $0.68 resistance to signal continuation of uptrend, with +47% upside potential to $1.00 next, or 2) pull...
By checking the Cardano chart in the weekly (logarithmic) time frame, we see that the price after the correction up to 45 cents went up again and the overall efficiency of this analysis has reached more than 190% ✅! If the price breaks and stabilizes above 67 cents, we can expect the price to grow to higher levels, whose targets will be $0.82, $1.12, $1.42, $1.78,...
By examining the ADAUSDT (Cardano) daily chart, we can see the price retraced to 50% of the previous leg, filled the FVG, and started the uptrend. In addition, the price created the buy side liquidity that formed as an equal high which can be defined as a target. Now, the demand zone is the first support for the price and we can expect the price to move higher...
ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...
ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...
ADA has managed to surpass the resistance at $0.64 with a pronounced upward candle. This should now provide further important bullish momentum. We primarily expect the blue wave (v) to continue before it completes the superordinate wave (4) in turquoise further up in the chart. Subsequently, a final sell-off should occur to complete the green wave (2). However,...
Breaking Horizontal Resistance. Potentialy New High ! .................................................................................................................. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment...
Based on the chart, ADA has just completed correction wave 4 and continuation to complete wave 5 to complete wave 3 is expected, then from there we will be looking for the market to correct and complete wave 4 or if not wave 4 then we will expect market direction change. Will keep on updating on this, but for now, at the Current Price we are expecting a bullish...
By checking the Bitcoin chart in the weekly time frame, we can see that as we expected, Bitcoin continued to climb powerfully and managed to hit all the targets that I announced in the previous analysis! Now, after the price growth up to $64,000, Bitcoin has faced initial correction because it has entered its oldest Bearish Order Block (ATH), which is between...
Below is the price movement scenario for ADA. After significant consolidation of the asset in the price range between the support level at $0.2327 and the resistance level at $0.4582, an impulsive breakout of the resistance level at $0.4582 occurred at the end of 2023. This caused a subsequent establishment of a local maximum at $0.6883. Despite the overall...
Hey guys! A friend has recently asked me to review some coins so here are my analysis starting off with and will publish screenshots of the other coins possible outcomes in the comments area. As always, please manage risk accordingly and don't get ahead of yourself. Walk with caution and stay wary market conditions could potentially change at any given moment...
$0.58 seems supported well. MACD still bullish next resistance $0.67. DYODD
Hi everyone! In this publication, we will dive in the technicals and boom and bust cycles of Cardano or ADA : Short-term: ADA will likely hit $1.17-1.24 in March 2024 and pull back down to retest the previous top as support at 0.69-0.59c ~ which would be a great buying opportunity if it comes along. Reaching the ATH could be possible but currently is a low...