Many people try to daydream But I am telling you the truth We may be able to reach this price in super cycle conditions Good luck #ADA #CARDANO
Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs. Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
Confluent Wave Analysis with price action and chart pattern trading setup: > The third wave correction after doubled zigzag ABC pattern forming a valid inverted head & shoulders pattern with barrier triangle ABCDE wave - with confirmation fake breakout D and E wave. > Entry at B-D downtrend line breakout / WMA50 week > Target 1 @ 161.8% Fibonanci extension...
Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
Bullish month ADA? Trading at $0.61 Stoch Rsi = Bullish Rsi = Neutral > Bullish Macd = Neutral > Bullish
Needs to sty above both green trendlines to trigger the breakout *not financial advice*
This point seems to be good..Of course with all that is happening lately! Of course the price will go down a little more.. (If it goes down) then it would be a good opportunity to make a good profit. * TIPS **watch out for big players** ***and Always ALWAYS risk management***
ADA is currently trading within an ascending channel, with the price recently testing the upper boundary. A breakout above the channel resistance, supported by a decline in Bitcoin dominance, could propel ADA towards $1.201. Key support levels lie at $0.618 and $0.578, which could act as launchpads for further upward momentum. Technical Analysis: Cardano (ADA)...
Cardano (ADAUSD) hit a major low in early July 2023 at $0.23. This level was never visited again. In September and October 2023, a higher low/technical double bottom happened at $0.24. We are now in the bullish zone. Cardano moved and closed weekly above EMA100 but more interestingly and an even stronger signal is EMA300. ADA is trading above this level as...
As with the crypto market as a whole, we are optimistic about ADA. There are several indicators that suggest that this altcoin will outperform many others. There is currently a favorable entry opportunity for a long position in ADA. We are setting a tight stop loss and targeting the area just below $0.80 USD. Some Elliott Wavers give USD 0.84 as a price target. We...
Cardano weekly chart update We have a beautiful bullish break above the important volume POC at 0.45 dear #CardanoCommunity 👀👍 Here are my TP levels based on FIB retracements and please consider the lack of volume on the way up TP1 at FIB 38.2% 🟢 0.60 TP2 at FIB 50.0% 🟢 0.825 TP3 = $1 mark⚪️ TP4 at FIB Golden Pocket 🟢 1.20 Of course a bearish scenario always...
Looks like it’s well on the way to its target. *not financial advice*
The price action between June and October last year as minor wave 1 and 2 bugged me a lot. The move between June 8 and July 14 looks like an obvious 3 waves. I tried to make it fit with 5 waves, but it was a stretch. The current price action is also an obvious impulse move. The leading diagonal idea is not valid any longer since the current price action moved up...
ADA has made an unexpected move upward that has confirmed the next bull market. In my last analysis, I was keeping a leading diagonal count as the primary count. That also meant some serious corrections before the move up. However, ADA is making some great strides and the coin price is responding accordingly. If the June to July 2023 price action can be fit in a 5...
Sorry about the last chart being on mobile sucks but hope this is better
When downtrend is broken that only means one thing. It's a recovery for the next bull cycle. I'm selling at the end of 2023.
-ADA is in the Process of printing a high time frame (HTF) wave 1 (W1) -medium time frame (MTF) is in the final stages of printing its W5 -The 1-1 targets for price and time have both been broken. The next target is the 1.618, which is $1 by march 18. -On the LTF in order to reach $1 we would need to see a 5th wave extension to the 3-1 fib in time and...
$0.635 resistance level for LSE:ADA is HUGE.... we've failed here 7+ times over the last 80+ days. Once LSE:ADA can close above/rip through this resistance we should see $0.77 quickly. WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot...