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(ADAUSDT 1W Chart)
It needs to rise above 1.0520 to break out of the downtrend.
The 1.0520-1.3190 section is an important support and resistance section to create a new wave.
Therefore, I think...
I do believe we are in a significant bear market and are likely to take some time to find the bottom.
The level of significance and why are discussed and we talk about how to approach this market from a macro perspective. Note we just capitulated and responded at a key macro fib level and historical resistance level but we also bounced...
I zoomed out to the weekly cardano chart, and the good news is that Cardano did find support around 41 cents the last time we had a correction, the bad news is that all indicators point to this downtrend continuing and in order for the downtrend to break it is going to take an enormous amount of green volume, and given the current market sentiment it is hard to...
The $0.5 zone is having support but the buying power is decreasing until now. If it doesn't lose this support zone, in the next few days ADA can absolutely rally to the $0.6 and $0.75 zones. But if it loses this $0.5 zone, it will continue to plummet to $0.42 and $0.35 so we need to be careful.
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
The best analysis in the world from Cardano
As you can see, Ada broke an important level in the weekly time frame and is suffering at a price of 50 cents to 40 cents. And this is a logical analysis.
When I look at the prices before 2021, I see a drop that has reached almost 96%.
Now I think history will repeat itself and Cardano will fall to 12 cents. It has also...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ADAUSDT
The price is moving in a descending channel and it has reached the bottom of channel at some points. Although it touched the second resistance line twice, it was not able to move over it. So we predict more fall up to the second support line if the...
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The most reliable green upward trend was broken and stopped at a gentle downward trend, resulting in a rebound.
The line that can always be supported at the end is a safe and reliable chart only when it is an upward trend, so it would be...
According to the chart, the trend line is in the important range of static support and dynamic support. If we break this range, we will see more fall. And if this range is maintained, we will expect the trend to return.
Its not Buy or Sell SINGAL
BY : Mohamad Teriz - @AtonicShark
Cardano broke out of the descending channel and fixed above it.
The price formed an uptrend channel and continues to move within it.
ADA is testing 200MA on 30m Timeframe.
50MA crosses upward of 100MA on 30m Timeframe.
I expect that after the price fixes above the resistance level, Cardano may continue to rise.
There is a giant descending wedge pattern, which was triggered with a decent volume already.
Now the price is squeezed between the resistance at 1.25 and daily SMA-100.
You may want to wait for resistance breakout at 1.25 before buying.
When you draw a Fibonacci Retracement from A to B, you will see the level 0.618 coincides with the wedge target. So, it...
The price got the liquidity from the 1.618 Fibonacci level and now is trying to have a breakout from the demand zone.
How to approach?
If the price is going to have the breakout from the 4h resistance and retest the resistance as new support, we could see a pullback until the previous daily structure on 0.73. According to Plancton's strategy , we can set a nice...
Here's an analysis on ADA/USDT on a daily time-frame that demonstrates a downtrend of about 6 months as the price structure weakened and tumbled below $1 making a low of $0.746 within the Descending Channel and despite all the bad news, bearish trend and geo-political factors surrounding the cryptospace, ALTS are gradually trying to bounce back up and ADA is...