Cardano bounced off the 0.618 Fibonacci retracement level. Bearish movement is likely to continue and reach the 0.222.
- i read many peoples complain about ADA on Twitter. - Like the project is bad and going to nowhere. - As Trader my job is only to do the Math and check pourcentages. - i care about what peoples speak but i verify and deduct. ----------------------------------------------------------------------------------------------------- So let me do Little Math for Cardano...
Hello, everyone! As you know, sometimes I can take the trade on BINANCE:ADAUSDT instead of Bitcoin. Today I am going to show you my thoughts about this asset, what we can wait in the nearest future. ADA demonstrated the bounce in the first half of 2023, formed the bearish divergence with the Awesome Oscillator. This is the clear sign, that it was just a...
Cardano bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 0.349 is possible.
I think this is zigzag correction and this is the end of the branch.(for now!) I think this is more complicated correction and we should wait for it to show itself.
The last time we came up with an idea for ADAUSDT was 5 months ago, and it's been working out great. The value of the Cardano token has doubled during this time. The positive thing is that the ADA price has broken out of the falling trend channel. However, there was one "But" during this time - buyers were unable to break through and gain a foothold above the...
Cardano bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.4188 is expected to happen.
Here we have 2 possible scenarios! I see Cardano trying to break out from the triangle pattern however it needs to be a big breakout and we don't see that yet except for 15min TF. Still not enough of a confirmation, breakout then re-test of trendline before kicking off. I think it would go up that much but good enough for a small scalp trade in the lower...
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
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...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In this quick analysis on Cardano, we take a look at: 👉 Bollinger Bands Strategy : What comes next? 👉 Technical Indicator Phoenix...
This $ADA highlighted support range looks solid, I am willing to take a long position at that zone for a 2R trade. I will keep updating this idea, once filled will also minotor it live in here, so make sure you follow for more opportunities.
You can see all the details on the chart. If you have questions, feel free to ask. 💥Important note: It's not investment advice, so do your own research.💥 💡Wait for the update! 🗓️25/03/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Cardano broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.418 is expected to happen.
Well, the price had a bullish reaction after collecting liquidity below 0.3555. Now we expect the price to retest the supply zone again and then fall, or by considering a lower time frame, the price may fall from here. 💥Important note: If the price can break 0.3769, this TA would be invalid.💥
For more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound. The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021. In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here: So, we can...
Cardano bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 0.41 is possible.
#Cardano (ADA) The closest support on ADA's 4H timeframe is the $0.3535 region. 4-hour candle closes below $0.3535 can continue the bearish action up to $0.34. If the daily candle continues to close above $0.3535, it could start the uptrend and rise to the $0.38 region. NFA.