Strong demand confirming on our $40s zone driving multiple confirmation with a environment breakout after a strong correction phase is no longer bearish.
Looks feasible as of now for a relief rally anywhere between 30-50% in the encircled points.
Let's see !
Happy Sunday everyone,
this analysis is a medium term analysis, which closes the position in the next two or three months.
In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart.
Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to...
Following its robust bullish rally, ADA has been ascending within a channel.
However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel.
Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
Alright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right?
But fear not, my friends, because after some serious structure...
ADA Cardano: Analyzing the Potential Double Bottom Cup and Handle Formation
ADA Cardano, a blockchain platform known for its focus on scalability and sustainability, is capturing the attention of traders and investors as it exhibits a compelling chart pattern that could signal a bullish reversal. With the emergence of a potential double bottom cup and handle...
Cardano moves to the target of $1, if it allows a correction in this direction, especially around the price of 0.77 to 0.83, then there will be better conditions to enter the range of 0.45.
- i just made this charts to compare 2 simple ways.
- i always try to keep my maths simple as possible.
- How much money you can make when you short.
- How much money you can make when you long.
- Ada lost -93% from ATH
- So if u shorted Cardano, you could have double your invest (X2).
( have to also add and calculate fees while shorting depending on...
Cardano (ADA) is about to explode with potential, aiming for a target of $1 and beyond!
Cardano, the blockchain platform that has been captivating the crypto community, is making significant strides towards becoming a force to be reckoned with. With its unique approach to scalability, sustainability, and security, Cardano has been gaining momentum, and the time...
Today, I am thrilled to bring your attention to Cardano (ADA), as it enters a compelling buy phase with a strong upward channel. This is an exciting moment to seize, and I strongly encourage you to consider going long on Cardano. Let's dive into the details!
Cardano, the third-largest cryptocurrency by market capitalization, has been displaying impressive...
ADA currently in a triangle whose exit will show the further direction. The traffic volume is approximately 15%.
The CHOP Index on a one-day interval is very highly charged.
RSI also ready to move. We are waiting to see what the BTC king will show.
Good Luck !
ADA is currently in a fanning bull channel, meaning the support and resistance lines "fan out" or widen as the trend continues. The final bull push happened at the head of the head and shoulders pattern, signaling the end of the trend. The right shoulder is currently forming and once the price falls to the channel support, could mean Cardano falls to at least...
As we've witnessed Cardano's consistent growth and development in the crypto market, now is the perfect time to make a move and consider going long on ADA. With such a promising target in sight, this is the opportunity you can't afford to miss out on! 🌟
Cardano's impressive fundamentals, including its advanced smart contract capabilities and sustainable...
Cardano (ADA) has experienced a phenomenal surge, with its price skyrocketing by a remarkable 10% in just two days!
The Cardano community has been buzzing with anticipation, and this recent surge has certainly exceeded our expectations. As a trader, it's crucial to stay informed and capitalize on these exciting opportunities. That's why I wanted to reach out to...
Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is...
BINANCE:ADAUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️Now we are in 0.27 Zone by Fib since April
➡️Target for this correction is 0.618 level on fib
➡️Perfect signal to buy on TradeON...
A falling wedge pattern on the 4Hr chart.
This is coupled with a triple bottom which is seen on the green dashed line.
I expect price to drop a little below the green dashed as a fake out and then allow the falling wedge to take the bulls off.
