Hi Traders, Investors and Speculators of Charts📈📉 A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
Hi Everyone! Cardano (ADA) may have completed a Test of Support after a Wyckoff Spring event we potentially saw in June, 2023. However, I'm not going to assume this is for a fact the case. Remember, I'm careful not to make flat statements. It's still possible to fall further to around $0.1830. If we do, THAT would be our Wyckoff Spring event in Phase C of...
Hi Everyone! The entire Near Term Group of time frames suggest we are still in a period of downward pressure; except for the 24-hour time frame. Yes, we see upward pressure currently in the 24-hour. However, do not assume this upward pressure can continue for any kind of sustained period of time at present. Why? Because the Red Line is no where near crossing...
ADA inside of a HTF ABC correction.. Or is there more downside?
Hi Traders, Investors and Speculators of Charts 📈📉 ADAUSDT seems to have finally bottomed out at 23c or 21c, depending on the exchange you're using. This concludes the completion of the bearish Head and Shoulders pattern in the daily timeframe. After this long wick towards a major demand zone / support zone , there has been a bullish engulfing candlestick in...
ADA: The Bottom Was Confirmed - Time To Rise Further All ALT-s moved down in a very strange way during the last month. they were not in line with BTC and ETH movement. As you may see from the chart ADA reacted very well near the bottom and it is increasing the chances for a bullish movement from the current zone. Targets 0.351698; 0.453799; 0.575578 Thank...
Hi Traders, If history repeats, we have a similar potential play so lets plan and if it plays accordingly, make the trade. Please give me a like and share, Regards, S.SAri
Hi Everyone! Yes, it's possible to have a brief pullback here for the short term. It's possible to pullback to $0.38 to $0.36.5 (shake out) before seeing a push up to around $0.43 cents. However, be advised we could continue higher to near $0.50 cents by the time this period of upward pressure has exhausted. Which could be 2 to 4 weeks from now. Yes, it's...
ADA: A Long-Term Buy Opportunity Near 0.3000 I am looking at for a potential buy opportunity near 0.3000 After the price broke out of the wedge pattern it is still developing a large corrective pattern and the chances are very high that it can move down to 0.3000 again. You may find more details in the video! Thank you and Good Luck!
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In this quick analysis on Cardano, we take a look at: 👉 Bollinger Bands Strategy : What comes next? 👉 Technical Indicator Phoenix...
Hi Traders, Investors and Speculators of the Chart📈📉 Cardano looks like it's gearing up for a big move; currently consolidating under the resistance zone just like back in 2021 (which is bullish ). Apart from this Fractal that played out two years ago over the same period; I'm expecting altcoins to shine as BTC takes a breather. We can see that BTC dominance is...
assalamualikum friends i hope all are good. market is bullish and follow the dow theory create a higher higher. and according to Fibonacci market is bounce back on 60 percentage of Fibonacci. so good luck take trade.
ADA someone SOLD so many coins at a $0.3940 drop is possible In a video, you will learn patterns that would like to trade with our community
ADA Follows the trend. Key resistance $0.43 - 0.45 At this moment I see no ideas to enter
Hi Everyone! If you look at the Red Line above Level 50 in the Weekly and see our White Energy (momentum) is still well above level 65; we can conclude upward pressure is likely to continue for at least the remaining amount of time in the current Weekly Candle. As for the next Weekly candle; it may be that upward pressure continues for at least part of the next...
Hi Everyone! The White Energy in the Weekly went up to level 133. The Red Line in the Weekly triggered upward pressure that lasts until the White Energy in the Weekly falls down to level 66.5 (Half of 133). I can see $0.36 Cents acting as support for a while. We have a new 4-Day beginning 2-Days and 6-hours from now. At which point; we may begin to see...
Hi Traders, Investors and Speculators of the Chart📈📉 Cardano looks like it's gearing up for another big move; currently consolidating under the resistance zone (which is bullish). Since the last update on ADAUSDT, ADA has increase 62% and from technical indicators RSI and Phoenix Ascending, it looks like it want's to do another 60% ⬆ with TP target just under...
The price had a clear breakout from my previous 4h structures. The market had a breakout from the recent 4h resistance and now it's testing it as new support exactly on the 0.5 Fibonacci level The market is creating a cup and handle as well. What's next? The price needs to create a new breakout from the next 4h resistance in order to reach the 0.38$ area