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...
Cardano, 1st goal hit ✅ Follow the wave In this video, you will learn my recommendations about entries
Cardano is showing signs of the next leg up. After the last breakout, Cardano has been in a falling wedge pattern off of a flagstaff. Taking the flagstaff from top to bottom, the measured move brings the price to the 1.618 fib (trader's dream :P). All of this works if BTC and ETH can keep the rally going as we are approaching the apex of the falling wedge for the...
It's looking very good for ADA/USD ! showing on stoch it was recently over sold, with breaking the trendline and test it also.there are some couple resistance that ADA will need to pull true, but i have faith that it will.
Cardano (ADA) Update 15/10/21: $4.40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold...
ADA/USD made a upwards breakout and tested the trendline. I think it will go upward from here. I think even it will break out to his RESISTANCE @3.0000 and will make a new high ! If you also look at the 144 wma it bounced off nicely ! And stoch it was recently oversold ! I think its a great chance to buy , but thats my opinion :D (i am not an financial advisor)...
ADA has broken the formation and it gets even better! In the MACD indicator, we can see Hidden Divergence and in RSI the is the 3rd touch of trendline! The rising is so probable.
Cardano on its USD pair has been getting beat down a little bit but is definitely still showing strength and trading on the upper side of this descending triangle which is technically a bearish pattern but i would be surprised if this played out bearish. Looking at some very positive notes coming from the bollinger bands, first of all we have pushed up and above...
ADA has been holding the 2 dollar support pretty well. Depending on how BTC is doing, it could soon break the trendline. Next targets can be 2.31, 2.44, and 2.80. This is not a financial advise but a mere opinion.
Chart drawn inspired by a different asset that shows a very similar initial trend, despite having different timings. Many things to keep in mind are the cycles, bull and bear, and the psychological reactions of investors, taking positions and profit, the trend of the market and the unpredictability of the same. So the forecast is to be taken with caution. Also...
Considering low & high of 27th of August and lower high of 31 August. I've drawn Schiff pitchfork and extended it with copying similar level, placing from 0.5 levels from main levels Added a inside pitchfork for additional support and resistance The area marked with cyan circle 2.950 is a major confluence point After breakout from this level 3.100 and 3.150...
Sat Sunday seems like Ada to rest within this zone of 3.035 - 3.065 resistance 2.9 as support 2.851 could be the another support area Will trade on breakout
Just check volume and be careful. The graph is really steep, but ATH has been broken.
The yellow Marked lines are important And white lines are intermediate supports Fresh entry possibly good on yellow lines
As analysed, after the box breakout and trend line retest, It brought the price back to decisive levels. Won't be buying on first pullback, let's wait for further structure formation, Confluencing it with rsi and price. Will update soon..
Please support this idea with a LIKE👍 if you find it useful🥳 This chart clearly explains Cardano coin token percentage increase in 31 days (July 20th - August 21st) from $1.0522 to $2.58 What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on CARDANO (ADAUSDT) 🤗 Happy Trading💰🥳🤗