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✅ADA is expected to move to 0.7$ADA has created an Inverse head and shoulder pattern which means that the price shall increase as much as the measured price movement (AB=CD).the break out is about to occur so stay tuned for a sharp bullish movement. The resistance for this movement sits around 0.7
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ADA is going to increase soon!ADA has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 0.70 pretty soon or at least in mid term duration. The expected movement is as much as the measured price movement ( AB=CD ). The Break out has not Happened yet.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
ADA USDT 4H CHARTADA USDT 4H CHART
2 different scenarios shown by green and red arrow...first rejection from descending trendline formed by doji candle and its sign of weakness for buyers but for short scenario i personally wait for 2and rejection from top...something like micro double top for this situation...for long idea the break of trendline is not enough and break the last swing high is necessary for going long
ADA ; update ; looks like a full blown turdADA ; update ; looks like a full blown turd
that double bottom i was looking for fell to pieces. s and p etc looks to be wanting to at least double bottom, sweep the lows as well. they are gonna darth maul this shit while everyone is getting christmas drunk and eating too much. hard to think when your in a carb coma.
knife catching the potential capitulation wick would be sick; make sure you do it on low enough leverage that you don't get blown out when it tripple wicks on the lower time frames.
15-18c ish looks like the sweet spot if history repeats. so far its looking pretty friggin similar.
i think you will have time to buy that dip, no need to go full degen and watch this shitshow of an asset class every second.
gl to you gentleman and ladies. have a good christmas/new years with your families/friends.
ADA/USDT | Bouncing Back Nicely..!!
#ADA Falling Wedge Formation in 1W timeframe..!!
Looks like Correction Phase Almost Completed, Soon It'll melt many Faces✍️
In Case of Breakout, +300-350% Profit Potential in Midterm.
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ADA took an uptrend last week and was in high demandADA took an uptrend last week and was in high demand right after hitting the important $0.22-$0.25 support. The downtrend line inside the channel has been broken on the daily timeframe, which can be a good sign for a change in the trend on the daily time. Of course, this needs more time. Only in the 4-hour timeframe, the price trend has increased, and according to the last candle of the day, which is a bearish candle, the price can enter a corrective wave.
One of Cardano's strong and important supports is considered to be in the $0.255-$0.257 range, and hitting this level could generate a strong positive reaction. Another point is that the price is still in a narrow ascending channel in the 4-hour timeframe, and if the bottom of the channel is broken, the first support can be considered in the $0.270 range. If this support is broken, the second support can be very powerful in maintaining the trend.
ADA USDT 1H CHART ADA USDT 1H CHART
2 different scenario for cardano at 1 h chart
overall market in 1 h is bullish but we can see spike and break the long term descending channel and then price form the micro ascending channel after spike at 1 h chart
also we can see huge bearish divergence between price and rsi so i personally think the red arrow {bearish scenario} has more power and possiblity but for that we need confirmation... at least break the ascending channel with good bearish momentum.
ADA currently at 6hr resistance enter on break with volumeADA entry idea
currently at 6hr resistance
needs to break above resistance with volume
safer entry on retest of 0.2601
Target 1: 0.2933
Target 2: 0.3112
Target 3: 0.3408
Stop Loss: 0.2449
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR