Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. Bullish breakout from a Descending Triangle pattern could see price swing up to $0.65-$0.68 near term and possibly $0.80 thereafter. Stop Loss (SL) level at $0.55. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will...
In my opinion it can move up to either 90 cents or 1 dollar
Happy Sunday everyone, this analysis is a medium term analysis, which closes the position in the next two or three months. In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart. Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to...
Cardano ( CRYPTOCAP:ADA ), a cryptocurrency, experienced a 10% decline in value over the week. This was due to Grayscale Fund's announcement that it would be removing the token from its portfolio. The decision has raised concerns among analysts that Cardano ( CRYPTOCAP:ADA ) may face further price consolidation or a drop in value. Grayscale Digital Large Cap Fund...
CRYPTOCAP:ADA has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we have broken out of the resistance at ~0.68. This move confirms our pattern and makes this a well calculated long entry position. I expect a 70% increase in the price...
💎 Greetings, paradisers, #ADAUSDT currently, it is meticulously maintaining momentum at a critical support level of $0.5596. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge. 💎 Despite failing to break the previous high, short-term bearish sentiments...
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!
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back. Now it’s consolidating in a Descending Triangle pattern. We wait for a breakout in either direction. Bullish breakout could see the price revisit $0.80, while a...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Wow, what a mess. The clearest thing I can see here is a ZZ pointing up and a move that retraced back beyond its origin. Didn't squirt hard enough, it seems. An impulse down would be ideal, or could go sideways.
Hi. COINEX:ADAUSDT ✅Today, I want to analyze ADA for you in a 1D time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the...
Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. I seriously doubt it will surpass any of the 2 (BTC or ETH) but i do tend to think it will be in the Top-5 At the same time, Cardano’s loss to Base leads to...
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.
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
📊Analysis by AhmadArz: 🔍Entry: 0.6453 🛑Stop Loss: 0.3646 🎯Take Profit: 0.6548 - 0.6667 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Alright, fellow traders, let's dive into the wild world of ADA/USD trading with a splash of humor! So, last time we checked, we were hitting those TP targets like a boss – just in time for the previous bull cycle to say "See ya later!" and take a nosedive below $1.00. Classic crypto, am I right? But fear not, my friends, because after some serious structure...
Trade setup : Price remains in an Uptrend. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back, breaking below $0.65-0.68 key level. We would be buyers near $0.57 support, which could be a swing trade entry opportunity in Uptrend, with +15% upside potential back to $0.65-$0.65 near-term. Stop Loss (SL) level at $0.52. ...
ADA made a bullish patterns Inverse Head and Shoulders i see if it broke out from the resistance Disclaimer:this is not a financial advice