Cardano is looking sweet after a recent re-test (failed) of EMAs.
We are now keeping an eye on a potential further movement to the lower zones here (orange lines) that act as supportive zones.
Although we see that the first line has been checked and the price bounced nicely from there, we still seek further moves to lower zones here!
Swallow Team
First it was all downtrend since September 2021 till October 2023 (over 2 years) with a drop of over 90% then created a temporary support before breaking down. Ever since price tried to recover several times but got rejected even after breaking out of the Descending Channel and then we saw the retest of the channel exactly a year ago before flipping the...
Cardano is showing some strong momentum here, where coin is pushing towards that 200EMA (looking for a breakout).
We are monitoring the 100 EMA line and resistance zone from where we are looking to see a good rejection (if the price reaches this zone).
If we see early rejection near 200EMA, we will be looking at early trade as well!
Swallow Team
Difference between order types explained
Buy and Sell Stop vs Buy and Sell Limit
When trading in the market, understanding different order types is crucial for maximizing your potential and managing risk. This guide will delve into the key differences between Buy/Sell Stop and Buy/Sell Limit orders, helping you decide which order type best suits your trading...
🔍et's embark on our daily market analysis journey. The market witnessed another minor downturn recently. Bitcoin's dominant bullish candles may have overshadowed, causing altcoins like ADA to experience further decline. Among these altcoins, ADA, which we previously analyzed, remains under our scrutiny.
🔄First and foremost, let's review the trading triggers...
Cardano (ADA) is one of my favourite coins which I choose to invest in. This is trade (investment) setup on larger timeframe. If you never bought ADA before it is still not late. I am not looking to reach targets 2,3,4 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and hopefully on Target...
Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the ADA Weekly Update.
Earlier this month, ADA found robust support at 46 cents, culminating in a 2.6% weekly price rise. With the key support intact, buyers may strive to reassert dominance over...
On the “Alt-coin market preparing for a 10x move” idea from July 2023 (below) it was written:
“A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective.”
Legacy token holders are slowly coming to the realisation this was not...
Trade setup : Trends are mixed. Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines,...
Hello community,
The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between USDT is significant due to the presence of sharks 🦈, who are...
Hello dear traders
Cardano
This profitable currency wants to return to its downward trend with strong confirmations, and there are 2 Order Block. I have drawn them in my analysis, simple and smooth.
Smart money concept
Liquidity
currency hunter
Hi there!✌
As can be seen on the daily timeframe, the price has been on a downtrend from the 0.80 cent range. Following the breakdown of the 0.45 low, the price has experienced positive volatility within the liquidity range. Subsequently, after reacting to the 200 EMA range, it has once again faced correction due to the failure to establish above the 0.50 cent...
