💭 Look at Cardano globally.
Hello everyone, today I decided to show you a new chart of one of the top altcoins (currently top 5 by capitalization). Yes, since the end of November 20, the asset has started its native growth and has already added very significantly to the price, but despite this, the chart now shows such a beautiful picture, it is difficult to pass...
Hi guys and gals hope you're doing good. Cardano is the coin that is going for better than the Bitcoin in other top altcoins. Today we will try to understand the movement of the price action of ADA coin what it can do next.
The difference between Cardano’s move and other cryptocurrencies:
As in the below chart it can be easily observed that the ADA and Bitcoin...
Here's why I believe this might be your last chance of getting into ADAUSDT early, if you haven't done so already.
The last time ADAUSDT broke through this channel was back in early-january of 2021. It has been a very strong support ever since, which is why I believe it is highly likely we will hold this support and have a breakout to the upside soon.
I have...
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...
Looking at the daily chart on Cardano it is easy to see the tight range between the support at .40 and the resistance at .50.
In the pic I show ADAUSD how recently on July 13th the .40 support was hit followed by a rally through .45 where it is at now. Until price get's back above that .50 resistance price there is not too much to be excited about with this...
bears lossing momentum very fast at support, sentiment for the crypto market is changing there is just no reason to keep selling at this lows, you look at whales they loading up big on crypto including that joke doge coin, cardano proved to be a strong one keeping in the top 10 during the crash . there is good justification to own this coin in the years to come.
Cardano has performed extremely well over the past few weeks
Currently on the BTC pair price is perched above 2.618 on a medium term fib circle trend
Price movement has been relatively flat however when compared to the USD pair
I expect the USD pair to move up to the nearest fib challenge of 3.618 within the circle
Assume a buy scenario
Green circles are areas...
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.
ADAUSDT situating into a huge falling wedge which is a bullish pattern and an upward breakout will occur.
We have lot of huge bullish signals like: MACD turned green for the first time after 13 september 2021
Bullish divergence on Price-RSI and Price-Stochastic
The stars are aligned, now we need just to wait
Target 1,70$$
Lot of news and updates will come...
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...
In this part, we are faced with two scenarios .
Scenario one (blue) is faced with a break of resistance at $ 1.90 and stabilization above the resistance, or the second scenario is a collision with resistance and return to the $ 1.34 area .
The (blue) scenario is more likely!
Previously we have seen, on weekly chart, the priceline was at the support of an up trend line and now finally it has spiked from $0.10 to $0.18.
Up channel on long term chart:
Now on the weekly chart, the priceline has started its move in an up channel. At the moment it is at the resistance of this channel. There is also 25 simple moving average support above...
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
It is currently in the support zone between 1.022 and 1.105. After breaking the 1.105 zone and pullback to it, you can have a safe purchase in one hour
Stop Loss: 1.039
Objectives: 1.45 In case of failure of Zone 1.45 and 1.48 Objective 1.85 is available
Profit rate: up to the first target 34%
Up to the second target 66%
Save on resistors
I've seen that ADA has a certain pattern it makes before hitting highs. This pattern is being demonstrated again and is in its final stages. I also believe the market is in accumulation and can't make large bear moves.
This prediction may not be 100% so do your own research before buying or trading.
