The negative trend continues on a daily timeframe, and the range of $ 1.5 is its important support, which is also very likely a price floor. There is also a large positive divergence over a 4-hour TF, which could soon push the price to $ 2. Traders can enter when the negative trend line breaks for the targets of 1.8 and 2 dollars.
ADA is very close to its solid support areas.
There is one support level, which can hold the price up in case of sudden crashes. There are two resistance areas on the way up, which we need to break before making any moves to form a bullish channel.
There are Sell Volumes in the market for Bitcoin, which shows that the price might go lower or consolidate before...
Hello everyone,
as said in the last videos the prices dropped, a lot of people are selling and a lot of people are buying.
I would suggest you to don't buy yet, we are far from known support for ETH and BTC.
I am going to show you when we reached support, feel free to use my information as you wish to make as much profit as possible.
Have a nice trading weekend!
The real Black Friday and Cyber Monday discount is just the price of Cardano right now :))) #Buy_Recommendation
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👤 Arman Shaban : @Ar_M_An_4
📅 28.Nov.2021
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If we take a look at a “macro chart”, the 50% drop is likely a wave A (or W) of a larger corrective structure, following a rally to ATH.
This is typical for the first corrective leg to retrace 38-50% against the impulse.
RSI is at 30 level, IMP this is the price level where it is reasonable to consider ADA for longer-term buy
Ada is testing major support level in 1.47$ which's in confluence with fib level 0.786
Yes, I know the correction was too strong, but if you check the wave 2 correction that's stronger than wave 4 correction
but the pain was healed with 206% parabolic gain. I expect the fifth wave before the next bear market in 2022.
(I don't see any legit reason for bear market...
Identify
Cardano : ADA
Market Caps: 50B (6th globally)
The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back
So where will the price go?
According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has...
Before I start to talk about the idea I would be grateful if you could like, follow and comment your thoughts about the idea or crypto in general.
SPX is looking very bad today, making BTC and crypto markets go red. Consequently altcoins are bleeding, but some coins have very interesting entry prices.
ADA has been correcting since the 3$ range, and have a...
ADA is available in discount. Don't forget to buy this Fundamentally strong project. If you are a passive trader then $1 region might be good buy area but I doubt it will come to that region. All lower supports are given so invest accordingly.
Disclaimer: Not a financial Advise. This is purely for educational purposes. Good luck and Happy trading!
I believe that the bottom for ADA is nearby.
The RSI is on oversold levels and we have a bullish divergence on the RSI
We are searching a higher low on the monthly chart
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes...
Hello''ADA reaches its long-term uptrend. We have a 61% Fibonacci that can be the best support for the price. After dealing with our uptrend, we expect a new uptrend for ADA.
FOR ME ADA IS MAkinG FAllING wAGE w8 FOR thE BREAk Out !
BUT BTC DOMInAncE AlSo MAttERS So IF BTC DOMInAncE FAll ThAN wE ExPEct UP tREnD
FUNDAMENTALS
EvEntS : 30th NOV 2021 .
THANKS.
Ada is currently in a descending Channel, it managed to reach an important support at $1.50, this key level represents a decisive moment. If the supports holds, Cardano could easily break the descending channel and rapidly go back at $2.0, otherwise if the supports breaks Cardano could have a bearish continuation.
What’s going on, comrades? I have just looked at ADA (Cardano) and I wanna express my opinion about the possible price movement.
You might have noticed that Ada is quite suffering from bears. As you can see on my chart, we have got a lot of supply zones and manipulation. And I would love to express my opinion about the possible outcome in this case.
So, as you...
Trouble continues in Cardano. The price is constantly being suppressed. The current support is not responding. I expect a reaction from the lower support level.
Price perfectly filled the imbalance and tested the major 6h demand zone where it is currently getting rejected from. MACD is still not clear, but both RSI and EMA ribbon are showing bearish indications. I am still waiting for low timeframe confirmation where we would try and catch all the move up, however it will be sent depending on market conditions.
BINANCE
