As you can see, we have a demand area for
This area is very reactive and we expect the start of an upward movement
So get purchase confirmation in the time trigger
The price goes up with your likes
ADA is getting the first time test since 120 days of breaking out of the downtrend that lasted for 690 days, all eyes on ADA, a clear reversal on the daily chart:
Cardano has completed a large symmetric weekly.
The movement after this pattern was important for us, with this sharp movement it was confirmed that we are not facing an X wave, but a large bullish branch is forming.
After hitting the supply area and correction for several weeks, we expect a strong bull run from Cardano above ATH!
ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below...
Following its robust bullish rally, ADA has been ascending within a channel.
However, the recent loss of crucial support zone could signal a potential decline, taking it to at least the lower boundary of the channel.
Traders may want to keep an eye on this level for possible support and a rebound or a further break indicating continued downside.
BINANCE:ADAUSDT (4H CHART) Technical Analysis Update
ADA is currently trading at $0.5251 and showing overall bullish sentiment.
ADA just broke out from descending triangle and showing overall bullish sentiment.
If this trend continues, we can expect ADA to new highs soon.
Entry level: $0.4980 - 0.5258
Stop loss level $0.4175
Target 1: $ 0.6160
Target 2: $...
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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...
ADA has formed a bullish pattern
🔵Entry Zone 0.7201 - 0.7399
🔴SL 0.6703
🟢TP1 0.8054
🟢TP2 0.8996
🟢TP3 0.9632
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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#ADA
The price is moving in a descending channel on a 4-hour frame
We now have a successful penetration of that channel upward
We have oversold conditions on the MACD indicator
We also have a higher stability moving average of 100
Entry price is 0.5230
First target 0.5443
Second target 0.5852
Third goal 0.6391
Hi dear friends, hope you are well and welcome to the new trade setup of Cardano (ADA) coin with US Dollar pair.
Previously we caught almost 183% pump of ADA as below:
Now on a 4-hr time frame, ADA has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
◳◱ On the $ADA/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001211 | 0.00001262 | 0.00001344 and support near 0.00001129 | 0.00001098 | 0.00001016. Entering trades at 0.00001179 could be strategic, aiming for the next resistance level.
◰◲ General...
CARDANO - CRYPTOCAP:ADA / BTC
On Nov 1st I advised the following:
✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now).
✅ Bull trend confirmation = break above 50 SMA
✅Great risk/reward with stop under diagonal support
Folks this could be the beginning of a long running upward move.
A close above the 200 DSMA is...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
There is a historical support area below and the price has not touched it yet, so I think it will touch it to take a beat from it and start the rise of a new motive. At that time, all the data has been explained on the chart.
Note: I am only sharing my point of view and what I see, and it may be wrong or right, so make your own analysis
Good luck
Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis:- ADA bulls woke up this week with an impressive 28% price increase. This spectacular performance obliterated the resistance at 46 cents, and now buyers are looking at much higher levels.
The most important resistance on the chart right now is found at 60 cents. Sellers may...
ADA/BTC
Keeping it simple
▫️ 4th time ever weekly RSI was this over sold
▫️ 116 week High to Low completing 20th Nov
▫️ Breakout window 20th Nov 2023 - 29th Jan 2024
▫️ Bull trend confirmation = break above 50 week SMA
▫️ Great risk/reward here, stop under diagonal support
And then PATIENCE
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(ADAUSDT chart)
The chart showing the same movement as the current ADA is ambiguous.
The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone...
