CRYPTOCAP:ADA #Cardano has formed a descending channel on an 8H timeframe. I almost forgot about this project. Waiting for a breakout in any direction. Hoping the price will break to the upside, and we'll be able to retest $0.55. Keep an eye on this setup. Any scenario is possible.
I'm still bullish in weekly Jehdbdjskskdkdkdjdjbdhzkdkdkdjdhdjxjdhdhdhdjjdkdeoeoodififofofoofogiduijdjdjiforkfkkfkf
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!
Bear flag formation has been identified. Downwards now 👊 We have mapped our retracement price. We are getting close to the DCA zone. Are you shorting?
❕ADA vs BTC ❕ ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed. Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with...
Cardano's price is in a triangle pattern with a resistance at $0.49. If Cardano breaks the resistance at $0.49, it will likely lead to a price pump.
Trade setup : Bullish breakout from a Channel Down pattern could signal near-term bullish trend reversal with +10% upside to $0.52 (200-day moving average). Stop Loss (SL) at $0.43. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price was trading in a Channel Down ...
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
ADA One of a lifetime opportunity investment Most investments in this period of all markets are considered a one-of-life-time opportunity investment before markets start rallying.
ADA looking for major support. SFP of the low, its also a monthy support orderblock backtest. many level to level trades, but a support confirmation would confirm a major monthly adam & eve bottom with very high fib retracement levels.
Just an observation.... Possible W pattern taking it up to 0.60 ... After that who knows.....
There's still something about Cardano that appeals to me, I'm not so sure what it is, but at this point and time, it surely is not the chart. Cardano holders should prepare to see a hefty 60% correction in stock price during 2024.
We are at the end of wave C from wave 2 and ready to start the big wave 3. I entered the buying position with the specified s.l This is what I did and it may be 100% wrong, but I accepted the loss.
Big opportunity is in front of your eyes. In my opinion, wave 2 is completed and I will buy for wave 3 with the targets indicated on the chart. The game of altcoins has just begun.
The daily chart for Cardano (ADA/USDT) displays a fluctuating price movement with critical levels outlined. Currently, ADA is trading at $0.4662, having faced significant resistance at the $0.5263 mark (R1). The next major resistance level (R2) is situated at $0.6852, which marks the upper range of the price movement in this period. The support structure includes...
We have 2 Cardano charts: ADA in 2020 and now. We have very similar formations. The first serious rebound from the bottom and a 50% correction in both cases. The only thing that bothers me is that now we have seen a large volume at local highs. The price has come to the support zone and may stay there for some time after a sharp decline. But I wouldn't be...
Good day my dear friend, how are you doing? See, Cardano has been red for three weeks. Two weeks actually but this week starts red and is likely to end red. Seeing three consecutive red weeks can mean a correction is about to develop, we can deduct this based on multiple signals. This is ok. This projected/potential correction is only a short-term event. It can...
Cardano (ADA) Market Update Currently, we're observing the 15-minute timeframe for ADA as it tests the 200 SMA. We're anticipating a potential bounce off this level, though much depends on Bitcoin's next moves. Market Context Similar to the recent Bitcoin situation where it tested key resistance levels, ADA's performance is closely tied to Bitcoin's market...