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ADA is poised for an upswing

BINANCE:ADAUSDT   Cardano / TetherUS
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(ADAUSDT 1M chart)
The upward trend began when the MS-Signal indicator rose above.

Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024).


(1W chart)
If the upward trend continues,
1st: 0.9250
2nd: 1.3678
3rd: 1.9655
It is expected to rise to around the 1st to 3rd levels above.

We need to check whether the price can be maintained above the top of the box of the HA-High indicator.


(1D chart)
The (1) section is the psychological volume profile section.

Accordingly, the key is whether the (1) section can be broken upward.

To do that, we need to make sure the price stays above 0.6984.

If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend.


The important point to continue the upward trend is around 0.236 (0.6024).


Looking at the Renko chart, it shows that an upward trend is about to begin.


Have a good time.
thank you

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.


#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.


If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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