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ADA (CARDANO) STILL BEARISHADA (CARDANO) is most probably still in the correction phase as a WXYXZ. It will most probably finish around lower channel support. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #ADA #CARDANO
Short
by anantadhungana
Ada / USDT technical analysis 03/01/22ADA/USDT 4-hour chart An additional headwind may appear at $1.49 before ADA tags the upper boundary of the governing technical pattern. If Cardano price breaks above $1.50, a 32% upswing toward $1.98 could be on the radar. However, if selling pressure increases, Cardano price will discover immediate support at the 50 twelve-hour SMA at $1.33, then at the 38.2% Fibonacci retracement level at $1.25. Additional lines of defense may emerge at the August 3 low at $1.26, then at the December 4 low at $1.18. so lets see what will be the next move?
by monaA89
ADA Had A Phenomenal Run in 2020/21ADA had a phenomenal run in 2020/21. It has reached to a full 4.236 fib. ext based on the rally prior to capitulation where .236 is sitting on top of. Even though i think ADA still has i bit more to go. Not to much but still 200-300% could still be in the play here. To get the final clue where the final target could be, we have to extend fib. levels over the full 2017 bull run. (level 1 sitting at ATH, 0 at the low). If we do that than the full 4.236 extension gets us to around $5.5. (will show that below in the update) I am not a financial advisor so non of this should be taken as a financial advise. Be well. KRAKEN:ADAUSD
KRAKEN:ADAUSD
by AVA37
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