It's fascinating in my own work how all these cryptos have these similar geometric break points. This one point crossing that red line was lined up with geometry on som many other cryptos.When i discover why i think will be using curves.
Very critical support. This Bright red line has acted as a guide for the life of this chart. It has a little give but if trend broken, i would look for that low buy for at least one more bounce. Personally I'd step it down at .85 watch for bounce, .78 watch, .70 watch, .62 . Id buy just a little back of what i sold, maybe 25% and then add the rest on the rise...
ADA is a strange one, there is a lot of talk on both sides. It needs to prove itself. but the chart looks like it is gaining organization which, to me, means algorithm and money.
- Support zone
- Above 21 & 50 EMA
- On the trendline
- Came down to .618 FIB
Looking for STOCH RSI bull cross and a bullish engulfing candle
TP: -0.28; -0.618; -1 FIB
Hi Trader!
I have a super insight into Cardano, which is surprisingly volatile at the moment. My analysis illustrates hefty support levels, which can be of great help if the curve breaks in a shoulder-head-shoulder formation. Through this, Cardano must break an above resistance level, after which the price target is 1.3 ill. in the drawing. I think Cardano will...
ADAUSDT is situated into a huge falling wedge . In 16 january 2022 the price broked the resistance line but can't retested it to turn support , goes down again on the wedge but the setup at the moment it s more bullish Because:
You have all the way bullish divergences on ADA/USDT Daily,2Days,3 Days up to 6 Days timeframe . Which is really really huge
Lot of new...
They are messing with our minds.
www.coingecko.com
The total transaction volume is 90 million dollars.
It's no joke, a stock market candidate with a total volume of all cryptocurrencies of $ 90 million and refuses to list trx.
We don't need to tell you which coins will increase.
www.forbes.com
www.coindesk.com
markets.businessinsider.com
How many...
After a perfect play between Support and Resistance:
ADA Cardano is now in a strong support area in which it consolidates before another strong move.
Looking forward to read your opinion about it.
My analysis reflects a positive fluctuation (target 1,638).
The analysis consists of these 4 different levels.
A support level (fluctuation level) of 0.951 and a stronger support level of 0.8.
A resistance level of 1.34 and a target of 1,638.
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines...
After I publish ADABTC trade (still valid) for long with same pattern I saw ADAUSDT making same pattern here (already is formed but I publish this from low to ATH).
Cardano already reach possible support but I think we can see more down. Keep eyes on confluence 0.786 fib with Cypher harmonic pattern and possible tap to bottom of large wedge.
Heads up! ADA just test 1.114 and plummeted from that green candle on the 4H. Preceded by a massively bearish engulfing red candle, my best educated guess is that we will be seeing quite a dip here for the next few hours. We will see and please post your opinions in the comment section!
I hope everyone is enjoying their weekends and once again Happy Trading!
-Eric-
ADAUSDT (Day Chart) technical analysis Update
ADAUSDT currently trading at $1.11
ADA is already dropped 70%+ from the top
In the chart you can see price reversing from the major support zone, ADA is already up 18% from today's bottom, I’m expecting ADA can go up from the current support zone.
if the price breaks $0.90 support then we can expect one more...
Hey there! Noticing the Bullish Divergence RSI on the 15m Chart! #ADA. Let's hear what everyone thinks! Bitcoin seems to be leading an assortment of alternative coins so I'm still learning how much weight to put on Chart Analysis. It seems to apply well, however, what happens if, let's say MicroVision would dump? I presume there is not much of a leading indication...
Breakout has happened as I expected. Now bulls must keep the ADA price above 1.5$ to see another uptrend.
Buy your ADA above the current support area, But be aware that a fake breakout can happen, So set your STOP LOSS carefully. Also set stop loss for sure!
Write your question in the comments, I'll answer.
Also, see my previous ADA analysis for sure, That's...
ADA Cardano bounced from the strong support area after being oversold.
It also formed a bullish divergence.
Price target is the $1.46 resistance.
Looking forward to read your opinion about it.
Cardano is going to break out the strong descending channel top, Also we need to see a breakout of 1.5$ to be sure of future positive movements.
Personally, I will buy ADA after stabilization above 1.5$. Don't forget that, Buying this coin before the breakout of 1.5$ is so risky.
