-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...
ADA has established lifetime trend lines following the conclusion of the 2022/2023 bear run. The bear run low at $0.22, provides us a connecting dot to the 2020 bear run low of $0.018, allowing us to establish a Lifetime Support line. Likewise, the conclusion of the 2021 bull run provided us with a connecting dot for a Lifetime Resistance line. Now that we...
ADA/USD on the daily chart. Price flipped a rising resistance to support. Price has retraced to the .5 fib level. This coincides with an oversold trend in the RSI. Price has smashed through simple moving averages. SMA's sloping upward. Targets overhead in purple based on fib extensions. Risk:Reward: 1:9 NFA, do your own DD Novice here.
ADA has managed to surpass the resistance at $0.64 with a pronounced upward candle. This should now provide further important bullish momentum. We primarily expect the blue wave (v) to continue before it completes the superordinate wave (4) in turquoise further up in the chart. Subsequently, a final sell-off should occur to complete the green wave (2). However,...
Falling Wedge: As Ive mentioned, a falling wedge can be a bullish continuation or reversal pattern. It forms when price action creates a descending channel with converging trendlines, suggesting decreasing selling pressure and potential for an upward breakout. On the daily chart, the consolidation period between January 12th and February 3rd could be interpreted...
we have longterm resistance line is broken up also bullish flag with target around $1.8
Breaking Horizontal Resistance. Potentialy New High ! .................................................................................................................. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment...
Cardano forms flag. Will we hit $ 0,78 next? Take profits $ 0,78 Stop loss: $ 0,65
Recent Surge: ADA experiences a 7.31% jump, indicating a bullish momentum. Breakout Potential: Teasing a breakout above the $0.68 mark, aiming for $1. Bitcoin and Crypto Market Boom: As Bitcoin hits $64,000, the crypto market exceeds $2.30 trillion, boosting altcoins including ADA. Recovery and Retest Success: Following a successful retest at $0.57, ADA is on...
Long towards the next resistance at the 0.7300 area.
We're testing out some Crypto using our unique strategy and applying the algo. We're already running the test on this since last month so far running at 10% gain locked in. It's a test at the moment, let's see how they perform. As always, trade safe. KOG
$0.58 seems supported well. MACD still bullish next resistance $0.67. DYODD
Hi everyone! In this publication, we will dive in the technicals and boom and bust cycles of Cardano or ADA : Short-term: ADA will likely hit $1.17-1.24 in March 2024 and pull back down to retest the previous top as support at 0.69-0.59c ~ which would be a great buying opportunity if it comes along. Reaching the ATH could be possible but currently is a low...
ADA forming a bearish bat harmonic pattern on a 4hr Timeframe and starting to form a bullish sentiment on a daily TF
After an epic failed before, I wont trade on 1H TF anymore... too fast for crypto to respond to lower TF trendline
Price had a rally on the PM session today. Im expecting continuation of the move for te LN session.
I'm following this scenario for the rest of the month and maybe the first week of March. The plan is to trade lower timeframes with this premise and take MMBM on the 4-hour and so on 1W timeframe context: