CRYPTOCAP:ADA has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we have broken out of the resistance at ~0.68. This move confirms our pattern and makes this a well calculated long entry position. I expect a 70% increase in the price...
ADA is approaching a significant resistance zone. If it can break through, a move to $1.15 is expected! If you're currently looking to trade ADA, here's a quick setup that you might find helpful! The idea is to buy when the price breaks above 0.91$ and take profits at the levels shown in the chart. Targets: 1. 1$ 2....
Only two options for going up 1st now goes to 0.75 or with one decrease goes up to 0.85.
💎 Greetings, paradisers, #ADAUSDT currently, it is meticulously maintaining momentum at a critical support level of $0.5596. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge. 💎 Despite failing to break the previous high, short-term bearish sentiments...
Cardano has completed a large symmetric weekly. The movement after this pattern was important for us, with this sharp movement it was confirmed that we are not facing an X wave, but a large bullish branch is forming. After hitting the supply area and correction for several weeks, we expect a strong bull run from Cardano above ATH!
🔍Today, let's analyze Cardano (ADA) on the 4-hour timeframe. After encountering rejection twice at $0.7971, the price experienced a downward leg, retracing to the 0.5 Fibonacci level of the previous wave before resuming its descent to the 0.618 Fibonacci extension, where it currently consolidates. 📉This level coincides with support at $0.5633, and a breakout...
Hello everyone, let's take a look at the 4H ADA to USDT chart as we can see that the price has broken out of the pattern trendline and is struggling to stay just below it. Let's start by setting goals for the near future that we can include: T1 = $0.69 T2 = $0.78 AND T3 = $0.93 Now let's move on to the stop-loss in case of further market declines: SL1 =...
it seems that we have a bearish trend that is going down
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back. Now it’s consolidating in a Descending Triangle pattern. We wait for a breakout in either direction. Bullish breakout could see the price revisit $0.80, while a...
I think we get another candle closure above this support, with a flush through next week to make another tweezer wick like bottom, confirming this support and then a push towards highs again. Keep an eye on the lower timeframes, 1h/4h and daily to try and avoid the flush, or play it, and to stay ahead of a major downturn incase my idea is wrong here.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Wow, what a mess. The clearest thing I can see here is a ZZ pointing up and a move that retraced back beyond its origin. Didn't squirt hard enough, it seems. An impulse down would be ideal, or could go sideways.
Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the...
Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. I seriously doubt it will surpass any of the 2 (BTC or ETH) but i do tend to think it will be in the Top-5 At the same time, Cardano’s loss to Base leads to...
Please pay special attention to the accurate trend, and colored levels. The chart is very sensitive and you should be very careful with your capital. Be careful BEST MT
As Bitcoin has seen a major correction to the down side, other cryptos has followed suit. In anyway I believe we are still going down to at least touch the 200 moving average for BTC. I expect prices of around $56000. Though it's does not indicate a bear trend, I believe this is a repetition of historical events as BTC has shown time and time again to correct just...
ADA ( CARDANO) Potential for a 20% Drop ! We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price. Key Factors to Consider: Confirmation of Pattern: The pattern should be confirmed with a break below...
Cardano has pretty decent rejection from branches of EMAs, forming a smaller resistance zone right there! We are looking for further movement to lower zones here, as long as we maintain the price below those EMAs. Swallow Team