ADAADA well this is what it looks like! If played out we will be shorting ADA after the right shoulder! But for now we look to take a position and target 5-10% with a tight stop loss
ADA sell zone is right below the 200 MA
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ADAADA, I made a possible mapping of what will happen with active. Extracting from the chart we can see that ada is in corrective movement on wave 4. In this exit of leg 4, we see a bullish reversal pattern, which is called descending wedge that ends up reversing upwards. What caught my attention is that some assets are doing the same pattern. Wait for the best time to enter again and surf this wave 5.
ADAADA breaks below the $1.00 major support area and closes a candle below it. If today's candle also closes below $1.00 then we see more downward movement. The local support is $0.92 area and the next major support is $0.81-$0.82 area. ADA needs to reclaim $1.00 and hold above it.
ADAADA breaks the support of $1.2 area and also retested it. ADA need to go above the $1.2 area to gain some upward movement. The next major support is near $1 area. Wait for a break above $1.2 area or a retest of $1 support area for new entries.
ADAADA tested the support zone and bounced from there. We hope that you build your position near the support area. You can place your stop loss below $1.25 area. The first resistance for ADA is $1.8 and major resistance is $2 area.
ADAADA for the purpose of spot i would prefer using Weekly charts b c it shows the amount of time needed for ADA to hit my $7-$8 target in January 2022 we opened a long at $2.09
ADAADA do not be fooled ADA is in a bullish trend with corrections. Set stop loss but do not panic sell!!
ADAADA is currently at resistance level we can plan for long after breakout & retest. plz don't take high lev.
ADA ADA reached two targets and might hit the third one or might not anyways I will wait for the confirmation for entry to get wither B wave or wave 3
ALSO we are getting a big divergence in daily frame in MACD which is a good signal for LONG
peace :)
ADAADA will follow btc most of the time and looks to be following bitcoin now with this small correction to the downside
ADAADA on the monthly chart looks nasty however on the 4 hour we look to come up a little more before goings back down. bearish
ADAADA is currently at its last major support. Closing a week below this level will lead to 0.4. It needs to close above 1.27 and EMA26 Weekly for a bullish reversal.
ADAADA is ready goes to previous top like as BTC. it could be big wave 3 or wave D of big correction.
ADA
ADA is gorgeous break it out and retest it baby then go to the targets
we completed wave B btw :$ we are in C right now
#ADAADA came Back to the level from where it has started its run in 2021 and now trading at crucial support
ADAADA broke below the last major support area. Daily candle close below the zone too which show strong bears. Now, a pullback is expected before an implusive move, you cna play both side in trades. Next major support is quite lower but local one is around $0.68 - $0.72.
ADAADA in the year 2021 was a spectacle. We do exactly 1600% this year. After all this fuss, we are in consolidation, which for me is a continuation of bullish consolidation. The interesting thing is that we create a small consolidation within a larger one.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
