Here we can see that Cardano is breaking out of 364 days! range and starts losing 1$ support level on the daily timeframe. Give it a few more closes below and things can get really ugly. Bearish case: Now we almost have the first daily close below 1$ level in 364 days, which indicates that bullish trend might change. The problem is that there are no strong...
If Cardano were a fish and the bears were hunting for it, it would have made its last twitch by now. Last month, the furry predators had already caught the Cardano-fish at the resistance at $1.63781 and subsequently had dragged it down in the direction of the support at $0.92258. Last week, Cardano made a first attempt to escape, but the bears clamped down hard on...
After Cardano has parachuted down form the resistance at $1.63781, it has pulled the ripcord shortly before the support at $0.92258 and has been gliding along it for some time now, experiencing a little bit of updraft lately. However, we expect the volplane to reach the $0.92258 support line soon, where it should gain drive for further downward movement. Cardano...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD). The chart is self-explanatory. The price is at the apex of the triangle, so a move is coming. There is bullish divergence in sight with support lines intact for the RSI, Stoch RSI and MFI. The price is also in a descending wedge (generally bullish)....
Important Buying Zones for Cardano ($ADA). BUYING ZONE 1 - $0.976 - $1 BUYING ZONE 2 - $0.784 - $0.832 BUYING ZONE 3 - $0.369 - $0.411
“… that leads to your door will never disappear…” Quite similar to the road in the famous Beatles-song, Cardano’s development has also been a long and winding road in the last few months. Now that it has finished its extended wave as well as its shorter wave in magenta, we see Cardano heading through the support at $0.92258 and to the green door between...
Cardano's price can go much higher than expected in the future. Other a lot of crypto is now on the 5th wave to finish the rally but Cardano is most probably waiting for the 3rd wave to push higher. Some people can count the recent top as a 3rd wave but I am counting this as a 1-2, 1-2 because if you count as a 1-2-3-4 then there is an overlap happen between 1 and...
Macro-level Looks like we are still in Wave 3 of the 5 wave series for Cardano(ADAUSD) The Wave 1 was completed in 2018 at $1.3 Wave 2 ran for a very long period till end of 2021 We are now in wave 3 for the bigger wave cycle Wave 3 is an impulse wave with 5 sub-waves (1-2-3-4-5) In the bigger Wave 3 we are in sub-wave (2) Looks like Sub-wave 2 is making an...
Here we go ADA. Bearish engulfing with bearish divergence and bearish cross of Stoch RSI on resistance.
Cardano (ADA) - is going to hit our TP. Did u enter?
Cardano has tied its hiking boots and packed its backpack for the long trek uphill. It has left the valley where wave in magenta ended and has begun the new ascent. Thus, Cardano is sufficiently warmed up for the continuing climb and should reach a first target at $2.4574. From there, it can already see the next summit cross at $3.1000. However, there is a not...
Cardano - I will take long if My pattern confirm it
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ Here is my cardano forecast. As we can all see on the chart, price is approaching previous support within $1 & $1.15. If price reverses at the support level, I expect a rise to $4. What do you think? Share your opinion in the comment section✍️ Follow me to receive more...
ADA - I will take Long if a False breakdown happens. That pattern u will find in a video.
WTF, Why ADA get dropped so much? Where is the bottom You will learn why that happened to this coin.
ADA/USDT ( CARDANO ) has finished 2nd wave as a preferred count but we can have an alternative scenario also which is where level as a red degree, If we see more downside and go below $1 then we can go more downside for making 2nd degree of a bigger degree. #ElliottWave #Cardano #ADA
ADA has been stagnant for a while, and some of the investors are growing impatient. However, people do not realise that an explosion is about to come for ADA. After his incredible run in the past year, ADA presents a strong army behind with significant adoption ahead. The TA shows that ADA is flirting with the 200MA, which has created strong reactions for the...
Since the beginning of September, Cardano is on a downtrend, which in my opinion is in fact a correction for the 1 to 3 move up. October was a month of range trading and accumulation for this coin At this moment the price is 1.95 and a new spike down is not out of the question. Bulls can see this spike down as an opportunity to go long in 1.8 zone, support marked...