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ADA - Amazing BreakoutADA has finally started the bullish run we've been waiting for.
Breakout is confirmed and made the ATH area a good local support.
There's strong resistance around $3.5
I don't day trade ADA and I don't think right now is a good idea for opening long or short positions. But if you're holding, keep holding.
Right now all platforms are showing strong buy volumes and high demands.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.95
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ADA Breakout ahead? 🤑🤑ADA has held up tremendously well over the past week cementing itself as a top Alt Coin.
Onward trajectory upwards from this wedge? Or a temporary breakdown to retest support areas?
IMO any breakdown below the marked areas will see very good buying opportunities LONG (again), but I think ADA is on a one way trajectory (upwards!) and some people will be blown away by its performance!
What do you think?
** NOT FINANCIAL OR TRADING ADVICE **
ADA BACK IN OUR CONSOLIDATION BOXADA LEFT FOR ONLY A COUPLE OF WEEKS THIS HUGE ACCUMULATION BOX RANGING BETWEEN 1.50$ AND 1.07$.
THE BOTTOM OF THIS BOX PROVED A LOT OF SUPPORT IN THE PAST, SO IF WE'RE FALLING TO THE 1.07$ LEVEL AGAIN I CAN EXPECT SOME STRONG SUPPORT TO BE FOUND.
CURRENTLY WE'RE ALL IN BITCOIN'S HANDS, LET'S SEE HOW IT BEHAVES BEFORE JUMPING ON CONCLUSIONS AND DIRECTIONS FOR THE ALTS MARKET.
ALONZO WILL COME SOON AS WELL, IN THE RECENT INTERVIEW WITH LEX, CHARLES HOSKINSON SAID THAT THE SMART CONTRACT ALLOWANCE FOR CARDANO WILL BE A NICE CATALYST, WE ALL KNOW THAT NOBODY BUYS AN UPGRADE, EVERYBODY IS MORE INTO TRENDS AND CHANNELS, SO IF BTC CAN GO BACK NEAR ATH LEVELS WHEN CARDANO LAUNCHES ALONZO THEN I CAN TURN VERY BULLISH ON ADA.
I STILL SEE A 200BLN MARKET CAP FOR ADA TO REACH FOR THIS MARKET CYCLE. THAT WILL PUT US AT A VALUATION OF AROUND 8/10$ ADA.
WE'RE IN IT FOR WIN IT.
HODL.
ACCUMULATE AS MUCH AS YOU CAN.
ADA - Don't FOMO (As you asked)ADA pumped. But there's no rational reason for this price now.
It was obviously a fake out by whales.
ADA's status on all platforms is showing Neutral and there is no big support for this pump.
So don't FOMO, maybe the price stays this way and maybe it goes back down but it's not safe at all so don't buy it yet.
Wait for more confirmations.
Current Market Price: $1.63
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ADA COUNTDOWN FOR A PARABOLIC MOVE IS ONADA is at a critical point. A clean breakout would propel ADA into price discovery mode I think. MAs & EMAs are perfectly lined up. RSI and Stoch RSI display signs of hope. MACD is in the positive zone, going through a positive cross. The first hodl target I have set is 5.3. Let's launch the moon mission!
ADA still bullishADA is still trading in the same ascending channel since the beginning of the year with no daily closes out of this zone.
We have yet to even enter the equilibrium zone of the Ichimoku cloud and are still floating nicely in the bullish zone. The conversion line and base line right on top of each other with many of the recent daily candles closing below them. But this was the same situation before the last impulse to the ATH, where we fell below the conversion and base lines and hit the bottom of the channel. If the same pattern repeats we could be on the way to test the top of the channel again.
We have a few wicks down near the EMA200, and no closes below the EMA100. And since the last little sell off we have 3 daily closes above the EMA50.
The new monthly pivot point for June is sitting at 1.70 with the first resistance at 2.50, which corresponds to the top of this trading channel. My hope is to test 2.50 by the end of the month (but that could just be the hopium talking).
I guess all eyes are on BTC now. I am buying ADA to add to my hodl/staking bag whenever we dip below 1.50.
ADA - Fighting Resistance (As you asked)ADA is fighting resistance right now.
As I've said before, ADA is recovering faster than other coins but we still need to be careful since it's the correction season already.
So if you're into opening long positions, wait until the price crosses the resistance area and after the first confirmation of a 4H candle, you can open your positions.
Current Market Price: $1.62
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ADA found bottom, altseason coming!ADA found a bottom (spike down to 1.77) in the Fib retracement zone between approximately 1.90-2.00 after a massive run up to 2.50.
We saw a 1H hammer candle which is a reversal pattern. It seems to be confirmed - this reversal - with the next candle. Now it's trading above the 2.00 (psychological support/resistance).
It makes sense that ADA, along with other altcoins, will soon skyrocket (again) as BTC is still losing dominance.
Nice to see the bottom has been formed so soon.
ADA CARDANO reversal , Bearish?ADA CARDANO has been bullish for last 11 days and touched the top 2.19 .
as its overbought we can expect correction for 3 stages :
1- A weak support on1.698
2- strong support on 1.466
3- Super strong support on 1.321
lets see the market movements let ADA back to stage 1 , 2 or 3 ?!
ADA AthADA has reached a new all time high and does not look like it will be stopping anytime soon.
After breaking through resistance levels, I believe that it will be consolidated and test the support level again, I personally do not think it will break it downwards but we will see.
after the major bull flag and trend reversal, I am very bullish on ADA right now.
ADA +200% in short termADA is consolidade on the 134$ level a few months in that level puting RSI into oversold and moving averages aligned with volume.
We see money flowing from top coins down to next ones in the TOP 10.
Bitcoin ---- goes up.... and side ways... then...
ETH .... goes up... and slows down...
...
ADA is the next in the queue.
Good luck!
ADA Coin Partnered With World Mobile To Deliver Telecom Network ADA coin price traded at $1.36 with a gain of 1.06% in the last 24-hour and 14.08% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a flat slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.55
Support: $1.0
ADA Token Still Accumulates, Are These The Signs Before ExplodinADA token price traded at $1.36 with a gain of 1.22% in the last 24-hour and 33.3% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.56
Support: $1.0






















