Will the major Altcoins particularly ADA, LINK and UNI breakout of their descending wedge setups. Is this prominent technical setup, the signal for a breakout to the upside? Or will continuing macro woes, make the TA analysis null and void. Equity Markets might be seeing a bear market bounce, this could relieve downward pressure on risk assets? Allowing the...
In daily timeframe, ADA is forming an inverted head and shoulder pattern, which is a very important pattern at the END of a long descending channel. The 0.618 Fibonacci support(0.93) could be ADA's last DIP. We consider the breaking of the 4-hour timeframe resistance as an important signal for BUY. Here we have the conditions for a good trade with a high...
ADA, if it weren't for the fact that the price is underwater I would say that from a technical point of view it is wonderful. The trend is clearly bearish and has been falling for months. Even a child would understand that it is in a down trend, but not so many adults would understand that you shouldn't buy a coin like this while it's falling. Now, we are at an...
Cardano currently retests the 1$-1.3$ region which is a very strong support band combined of the purple band and the green horizontal line. Except the bear trap we are following the structure of a huge wedge pattern that is about to break out since we found this massive support zone. On the RSI side we just retested the falling yellow line as support and are now...
The most hated coin by far, Cardano its recovering very well to its previous resistances, im accumulating right now im very bullish on Cardano
Cardano - might shoot straight up to $10 after this most recent crash accumulation, most likely institutions are getting ready to accumulate big, the potential is too great!
As you can see, Cardano's analysis is not difficult. We have a large channel that you can see by --> zooming out. But for correction, we have a micro-channel . To reach its previous ceilings, Cardano must first break this descending channel from the roof. After the failure of the channel, you can enter from the ceiling and confirm the failure. Educational :...
ADA has been consolidating for the past 66 days and has finally broken out of the descending triangle. As seen in previous patterns, ADA almost always repeats the same pattern. If we take a closer look at the previous pattern (DT) we can see ADA has been consolidating for the past 65 days, after that we saw a huge surge to the upside. Today we are in a very...
Cup and Handle forming. We go 3000% from here for this cycle. Final Target 1 ADA = 0.00012BTC 144KUSD ATH BTC = 1 ADA will be 17.28 230KUSD ATH BTC= 1 ADA will be 27.6 and so on. There is no certainty in trading , only probabilities, and we make sure you are on the right side of the market. Trade safe.
Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. Daily chart: - Price shows a...
Hi guys I have 2 scenarios for the bit Scenario I have: 1- The first is that after reaching the range of 65 thousand dollars, due to the over-selling area of RSI, expect to fall to 53,000 and again expect to climb and break the historic ceiling. 2- Secondly, from this point, the ceiling of 65,000 breaks and goes up to $ 85,000 and goes to the previous ceiling,...
After Cardano's latest highs, and most recent pull back, it appears to me as if ADA is ready to begin a retest of its all time highs. There has been some recent developments for cardano, including the release of smart contracts, new development of dapps, and the holding of the cardano summit (last weekend). This gave the crypto community new information to digest...
Hi dear traders, First please Like this post and share this analysis with your friends to support me. Cardano(ADA) is moving in a huge ascending channel in bigger time frames. Cardano is now involved in the channel midline, just like in the past and as you can see after passing this midline We have witnessed a very good climb. I expected from Cardano a...
Intro: - It's a long time ago since we covered ADA. Mostly because it was consolidating and we had to wait. - Finally we got an official date for the launch of smart contracts and it's the 12th of September. This is the update the whole Cardano community waited for years now and patience seems to be rewarded. - Guys please give me some feedback to improve my...
#ADA holders REJOICE haven't followed the project But it appears things are falling into place ... finally? anyway, the price action looks good.
Thread on the evolution of proof of work and why BTC is going to have some trouble keeping up. twitter.com
What's driving the recent dip in crypto, and why did ADA go up? The rivalry between Vitalik and Charles continues.