ADA is in dip of 2021 channel and lower of RSI , I think cardano was oversold in last month. There is good opportunity to get profits from bouncing up from dip of channel in JAN 2022.
in daily chart 1.5 $ is a firm support. first target is 1.90 $ then 2.3 $ .
They are messing with our minds.
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...
We have very clear crypto to talk about, which is CARDANO what we see is really clean,
We are in strong trend with strong impulse to up, and currently we are ending the correction, you can see price weakness perfectly,
For now we keep eyes on this crypto, as I dont really trade futures, but I have bought my first level here, second I will buy after breaking...
Price can be seen in the larger circle to stick to the outer side of the circle, and eventually get rejected.
This pattern can repeat within a smaller circle (blue) and eventually lead to a complete breakdown in price. (along the white line)
Attached is a bullish Idea on the same chart, choose your destiny.
Quick update for ADA. after retracement Cardano get strongly supported around 2$.
Next push could start soon as BB is starting to be really compressed.
Buy : 2.2$ ish (now)
Rebuy : 2$ (Full Buy)
TP1 : 3.30$ (Security TP)
TP2 : 4.75$
Stop : 1.8$ ( if u wanna set...
Yesterday we considered the ultimate divergences guide. Today it is time to practice! I found the very strong long signal on Cardano.
We can see on the pic that the point A is above than C on the price chart, while A is below C on the MACD lines. There was the bullish divergence at the point C. This signal played out as the pump to the point D,...
After 92 days of bearish movement Cardano reached a possible new key point. The crypto saw a correction of almost 50%, looking at this bullish channel this point might be the "beginning" of a bullish momentum. A confirm of a new positive trend can be at break of resistance at $1.90, in this case buyers could push price to go back at $3.0 touching new time highs.
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 $1 then we can go more downside for making 2nd degree of a bigger degree.
#ElliottWave #Cardano #ADA
Before I start to talk about the idea I would be grateful if you could like, follow and comment your thoughts about the idea or crypto in general.
SPX is looking very bad today, making BTC and crypto markets go red. Consequently altcoins are bleeding, but some coins have very interesting entry prices.
ADA has been correcting since the 3$ range, and have a...
I really wanna see it bounce back and do one last giant rally. Getting to $6 is cake especially with all the good news ADA can spread to cause a surge. We have so many good fundamental upgrades coming in the near months. I hope everyone is ready for these insane movements!!!!
Ada is currently in a descending Channel, it managed to reach an important support at $1.50, this key level represents a decisive moment. If the supports holds, Cardano could easily break the descending channel and rapidly go back at $2.0, otherwise if the supports breaks Cardano could have a bearish continuation.
Hello everyone, in this video I am talking about ADA, ETH and BTC and how the market is not bullish yet.
Do not get this small push as an opportunity to make money, this is only an opportunity for retails to sell.
If you want to buy make sure you place your stop loss anywhere below support level.
Have a nice trading day!
Even if Cardano manages to fall further, that does not mean the end is near! Since the decline can not sustain, a greater reflection of strong "bullish" signals is created, which of course will occur sometimes.
Stay up to date and take care of your money!
An idea for ADAUSD.
The 200MA in white, can be seen as a previous rejection point for the bulls, lets see if it acts the same way again
I have also used another indicator which demonstrates the change from bear to bull, which can be seen to approaching a change quickly.
ADA is going down, it was quite obvious, but now let's talk about entry point.
I think 1.75/1.7 would be a good temporary entry point for ADA. We need to keep in mind that ADA may go even lower, do not rush in!
Have a nice day!
Price has successfully hit my liquidity trendline. I expect to a pump to 3.500
1. Price is trading in a channel (black lines) where by it has hit the lower bounds, it it time hit it's upper counterpart
2. Price is trade in a bullish flag (RED LINES). It has broken out and re-tested the upper bounds. This alone should push price to 3.1...
I know everyone is getting bullish and everyone want to make profit out of their investments or trades, but if you want to buy ADA give it some more time.
ADA will go back to 1.4* and will give us the opportunity to get some ADA at cheap price.
These are my thoughts, do not take my words as financial advise.