After stopping the fall at the current price levels there is a test of the interest zone of the buyer.
If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range.
The buyer defends its position, with the accumulation on this instrument continues for further distribution at...
ADA Right Now is Trading at the PCZ of a small Bullish Gartley(The Harmonic furthest to the right) and a Bullish Cypher(The Harmonic in the Middle) and A Shark(The Biggest one to the left) Usually ADA tends to lag after XRP so as long as BTC holds these levels we should be able to see ADA break above the trendline from here in the coming weeks or atleast test the...
Price reach to 4h supply zone and also touch the bottom of drop trend line so I'll open a long position with low amount in 1h and after first rally I'll add more and also I see the entrance information in 15m
Cardano with a sequence of lower high with less and less time & space between the lower highs. This is food for a short squeeze
additional to that price already retested the breakout level of the left consolidation/orderblock
From my perspective this is accumulation
We have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6%...
ADA Cardano had a news on 22 September its a vasil upgrade, on technical you can see its unperfect "Cup and Handle" pattern, if the candle break my line resisten the target its green area and stop loss max its 0.48657..
You can follow with safe risk
HELLO GUYS THIS MY IDEA 💡ABOUT ADA is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this...
ADA broke out of the trendline. However, we must be mindful with a potential retest if the minor level of the 38% Fib level is broken, we have a high probaility of price heading to the retest level which puts price around the .786 region of the fibs.
Targets is the measurment of the Impulse leg using Fib Extension.
If there is no retest, price can break out of...
OK here we go with a potential break out of the range for $ADA
What i like about this setup is there was a swing fail pattern when price previously took out the top of the range and dropped back to the mid range/20 period SMA where buyers stepped in, since then we have rallied to the range highs again and i think its likely we see a break out, considering there...
ADA formed a strong demand zone (Found through the rally base rally method), broke through the 0.51648 resistance, and turned it into support. There was a relatively high supply absorption at the breakout candle so there's a chance that the price could rebound off the resistance turned support and continue with the uptrend.
Cardano is back at key levels of resistance. We need to monitor this level for price action. If wwe expect to push higher, we have to close above these levels.
Crypto is not out of the clear yet. We have a ways to go.