Updated Cardano chart shows great potential for a flight much higher.
The project jumped from 20cents to 1,60$ from beginning of the year but a second 'run' could now be possibly unfolding.
Let's see how high up Cardano can go.
What is your opinion?
ps. check the fundamentals and news on our previous Cardano ideas
Hello traders and investors!!😄👋
Let's see if Cardano falls after reaching a new ATH very recently.
If we see the fall, I have points set up that I am expecting ADA to reach in the range of.
This is a short technical-analysis👇👇.
Fundamentally, Cardano (ADA) is a very strong blockchain network.
In the event that we go up for another ATH, I have bull target...
There is a chance that we are forming a diamond top, this is a bearish pattern but in some cases it's not. When the highs are broken the pattern is invalid.
Just something to be aware of.
For every new follower i will add a new idea :)
The BUY volume on Cardano is high right now. it actually has the 3rd place in the buying volume.
It's been rejected by the resistance 2-3 times in the past few hours but still hasn't been through correction.
We might see a price dump but if you're into opening long positions you must way until the breakout confirmation.
That happens right after the first closure...
Its a Logarithmic chart. ADA is about to complete its Motive Wave (Intermediate) with wave 5 in progress now. Wave 2 retraced .618 on fibbs which is a very usual case. And wave 4 correction was not that deep ignoring that death wick which retraced .38 on fibbs with complex personality. For wave 5 projection i have used fibb extension and set to targets with target...
Greetings Traders this is my analysis for ADAUSDT and it is Long.
We should be open a Long position as we can see on the chart.
On the Indicator we can see that the price is praparing for a Uptrend Movement
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ADA showing signs of continuation based on the recent break of an accumulation channel. On the logarithmic time scale I copied the previous trend after it broke that accumulation phase from September 2020 - November 2020. Eerily, without modification, the end of the projected range coincides with August which is the rough target for the release of Goguen ==> smart...