Everything in crypto appears to be in a diagonal. Ada is no different. The angle of ADA's diagonal is less than BTC and most other cryptos. This means that ADA will probably not break 50cents before BTC has its first major correction of the cycle. But when BTC corrects ADA should actually fair better. After the correction, ADA will have its moment. I am short term long.
Is Cardano a scam coin? Poised to crash to $0.01? Already down 93% from its all-time-high. There is no whale interest whatsoever. Nobody is buying this coin. Will it go down to $0.01? (Another potential 99% crash from here). Bear market has not started yet!
if you see that the price responds positively to the trendline, chances are that the price will return to bullish. Broadly speaking, I still believe ADA is in a bullish trend which is currently in a correction period. This bullish trend fails if the price drops further than the red line below. whereas in the short term, the bullish trend fails if the price falls...
Cardano (ADAUSD) is currently trading within the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) for most of May. This consolidation is most likely the new Accumulation Phase for the next price jump and the reason is an old chart that we published last year, comparing the 2022/23 Cycle with 2018/19. So far it has been remarkably similar, with the Bear...
Today's focus ADA Pattern – HL support hold Possible targets – .3550 Support – .3550 Resistance – .3665 - .3770 Looking at ADA today, we can see a few bullish signs coming into play. We have run over them in today's analysis, and the rejection signs we will also be looking out for. Effectively we want to see support continue to hold and feed a new rally. If we...
A trend line that allows for a support to form. The lower dashed line is just below the trend line which we have seen once before in the past. Bars patterns placed shows my thoughts about price. Right now is a pretty good long entry.
Hello. I have been monitoring ADA chart for a good few years and many months. I have it charted since way back. I've included some future projections based of the TA and just thought I would share it with the community here on trading view. Why not right? Feedback is welcome.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Welcome back to my learning series everyone. In this chart I discuss my opinion on a potential trade and breakout forecast for ADA. I do not have a bias for ADA, I am following a trading guide that I am adding my own analysis to, and the charts just happen to be ADA. Thanks everyone!
Hello Everyone, I have always had a passion for the markets (especially crypto) and I have decided to make it my career. I was a meteorologist in the military, which believe it or not, is very similar to chart analysis. I am producing charts in a learning series that I would really like to receive feedback on from the pros here, and I hope I can also assist those...
Cardano could be going slowly down another 12% until end of June. I would not be surprised that is the case, but at the same time it seems too obvious path. To me, TOTAL3 (#altcoins) has another leg down that can occur faster than that, and then I foresee a rebound during next month. Maybe not for ADA though....
Elliot wave projection for Cardano forming higher highs and higher lows bouncing on trendline kicked off beginning of 2023
still waiting for the upward movement to take place. no major updates. let us give it 3 to 5 days.
a historical movement from january 2022 might be repeating in real time. protect your self with the stop loss and risk management. for me, i risk between 7.5% to 15% per trade. because i execute from 1 to 3 trades a month, maximum.
Like the honey-loving bear Winnie the Pooh, Cardano should grab deeper into the orange-golden honeypot between $0.39 and $0.31 to finish wave (ii) in blue. Although the main requirements to conclude the current movement have already been fulfilled by touching at the orange zone and Cardano could thus take off anytime, we rather expect the altcoin to advance...
I think this is zigzag correction and this is the end of the branch.(for now!) I think this is more complicated correction and we should wait for it to show itself.
#ADA /USD TA Update: CRYPTOCAP:ADA currently trading at $0.3594 According to Coinlion Trend Trader Indicator, we got en Exit Point Alert for ADA at $0.4 (04/21) Coinlion Trend Trader Indicator entered short at 0.3864 the 4th of may. Then takes 2 times Profit : 1) $0.365 (20% exit position) 2) $0.362 (10% exit position) (6,5% Profit). There is a strong...
Inherent in the risk of buying your favourite #crypto is to watch fade into non- relevance coupled with a non event #BITCOIN halvening which will happen one day! Just throwing out a what if scenario for #cardano those levels yielded a wonderful opportunity twice before, could it be a third time?