CRYPTOCAP:ADA broke through 50EMA and looking to do the typical run bouncing off 50EMA next and riding on 8EMA pointing to the 🌙 moon . Observe.
Just some lovely ADA action on the daily. Beautiful confirmation low and now we await for the follow through price action. Crypto looking reallllly good. Here comes the FOMO crowd again
if you know how heikein ashi works, well this is kinda bullish, the down trend is slowing down, and we could easily see a green heikin ashi bar path come up, a V shape return is very possible in my opinion too. And unlike the other currencies, ada dropped like 50%+ in the past couple weeks, and it's hitting major support, macd is ready for a cross and rsi is ready...
Channel Breakout Event: ADA price is nearing a channel breakout event, indicating a bullish turnaround. Crossing the 50-Day EMA: Cardano's price has crossed the 50-day EMA, setting the stage for a potential bull run. Potential to Reach $0.66: If ADA sustains above the 38.20% Fibonacci level, it could shortly reach the $0.66 mark. Trend Reversal Rally: A bullish...
On the ADA/USD weekly chart, we've observed price action and volume changes that share characteristics with a Wyckoff reaccumulation pattern. While not definitive, let's explore these elements: Selling Climax: A sharp price drop accompanied by high volume, potentially signifying selling exhaustion Automatic Rally: A subsequent price increase without significant...
Cardano is experiencing incredibly on-chain metrics. Energy use is a massive case factor with regards to the WEF and the next ETF for consideration. I believe the bull hammer in convergence with the daily MACD cross alongside the bullish sentiment on crypto in the lead up to the halving event on BTC and, obviously, the institutional engagement post-ETF will lead...
The dynamics between buyers and sellers have shifted in ADA. Cardano has transitioned from establishing Lower Low (LL) and Lower High (LH) to establishing Higher High (HH) and Higher Low (HL). We witnessed a breakthrough on December 8, 2023, with high volume, resulting in ADA establishing a double bottom formation. This is a reversing pattern, indicating further...
Ada fib channels with an inverse on market cycle tops
I hope so🍀 I'm a big fan of Ada and it's rational to see a massive pump for ADA against usdt in coming months.
Fundamental Analysis: Cardano seems to be working in a cyclical manner, where it has a bull run for a year, then a bear run for a year. Every bitcoin halving year is when the bull run happens. We had the bitcoin halving in 2020, and we will have another halving in April 2024 making me believe that we are in a bull market. Technical Analysis: The Stochastics RSI...
Wat i think will happen to ADAusd. This analysis is based on the previous ADA bull run. I also see us being in the SOS phase on the wyckoff accumulation pattern.
This Month FORECAST Opportunity for ADAUSD. This setup trading idea is for SWING. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Resistance Challenge: ADA is currently in a tug-of-war with its falling channel's resistance, hinting at a possible breakout struggle. Reversal to $0.50: A recent pullback from the channel's upper boundary has nudged ADA back to the pivotal $0.50 level, signaling a decisive moment for its next move. Bull Run Potential: A successful channel escape could propel ADA...
ADA looking very interesting, trying to confirm a bottom at the .786 easy to mange risk here
ADA Cardano: Analyzing the Potential Double Bottom Cup and Handle Formation ADA Cardano, a blockchain platform known for its focus on scalability and sustainability, is capturing the attention of traders and investors as it exhibits a compelling chart pattern that could signal a bullish reversal. With the emergence of a potential double bottom cup and handle...
ADA will create the right shoulder of a bigger H&S on higher timeframes and will reach 14-25$ in wave 3. And it will top out probably on a Monday... ;)
-In this EW count ADA is currently in a high time frame 5wave impulsive structure. -ADA has just put in its W4 at the log 0.382. -Price is now attempting to put in a W5 before ultimately, we have a bigger W2 correction. -Currently looking for W5 to take out $0.70. -Expecting W5 to top out around $0.73 as this is the 1-1 extension from W1. -Could see an...
the correction in ADA/USD has completed a 5 wave structure to the downside, the start of a zig-zag pattern it is followed by what appears to be an expanded flat based on Elliott wave theory, there will be 5 more waves to the downside there is a high risk of capitulation given current sentiment most likely region of support is the 0.10-0.13 region