BINANCE:ADAUSDT COINBASE:ADAUSD 💥Triangle pattern💥 First, please take a look at my previous analysis and positions. between now and the red area, you can open a long position in two steps. If the price rises and reaches the risk-free level, you can risk-free the position. TP1-2-3 are on the chart. The optimum stop-loss is below the determined area. ...
Past Performance of Cardano Cardano is up three percent on the last trading day as ADA turns around after the discouraging rout of late September. Even though the primary trend remains bearish and technical indicators blinking red, pointing to sellers, ADA may be turning the corner if recent gains are anything to go by. The immediate support line is around $0.40,...
ADA - cardano - 18 repeat map im backkkkkkkkkkkkk lol been on hiatus hibernating underground as everything melted. i got caught once in the middle on the way down, thinking i was getting a short term buy but got a bit rekt instead. other than that ive been in cash being patient. obviously my last analysis were all wrong as they were dependent on the idea we were...
Past Performance of Cardano ADA prices remain within a bear formation and below September 2022 highs at $0.52. Technically, Cardano sellers are in control, aligned with the bear bars of August 19 and September 13. In the past six trading days, despite optimism among traders, bulls have failed to unwind losses and prices remain trapped below $0.52 but ADA is...
Past Performance of Cardano Cardano prices rose on September 7, bouncing back after posting sharp losses on Tuesday. Currently, ADA prices may likely recover because of fundamental factors, allowing traders to double down and reversing the losses of September 6. As per the formation in the daily chart, traders may watch out for how prices react at $0.50, marking...
Just like Sleeping Beauty, Cardano is lying asleep, trapped in a green thicket represented by the green zone between $0.2767 and $0.9355. Here, the altcoin still has to finish wave 2 in green, which it should accomplish no later than the bottom of the green zone. Then, Cardano should get kissed awake and rise from the shrubbery, heading for the resistance at $1.64.
Ascending triangle on Cardano chart is broken up. Bullish movement to resistance level at 0.545 is expected to happen.
#ADA/USDT $ADA broke out from middle line of ascending channel. 🐮 so in short-term it can rise to upper line of channel that is the same with resistance zone around $0.495. 🐮🐮 if price breaking out from upper line of channel, it will continue upward move toward $0.53 and even $0.6. 🐻 rejection from upper line of channel may valid last analysis again!!
The ADAUSDT price for more than 4 months is traded in the range of $0.40-0.69 The minimum of 0.40 cents was still set during the May drop. During the next wave of the crypto market decline in June 2022, when most cryptocurrencies including Bitcoin updated their lows, Ada buyers were able to hold the price. And this is not surprising, because below $0.40 there is...
#ADA/USDT $ADA shaped ascending channel and price is between the middle line and lower line. 🐻 this channel can act as a bearish flag pattern and possible drop price toward long-term support zone around $0.41 which is the same with the broken line of the falling wedge. 🐻🐮 if price holds the support zone then possible to head up again to shape an inverted head...
Cardano bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.595 is expected to happen.
#ADA/USDT $ADA broke out descending trend line, and now in pullback touched the broken line that is the same with support zone and ascending support. 🐮 holding the current support zone can increase the price to break out of the wedge and reach the resistance zone. 🐻 break down from the support zone will drop the price to the lower line of the wedge.
Cardano broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.4633 is possible.
Past Performance of Cardano Cardano buyers are still in the driving seat when writing, adding six percent in the past trading week despite losses in early July 25 sessions. Technically, ADA prices have more headroom and could register more gains in the sessions ahead following the reversal of losses posted in the second half of last week. From the daily chart,...
Cardano came to the resistance line + overbought indicators signal an imminent correction, I think the asset will go for a correction in the near future! In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Since the 3usd figure ATH from last September, Cardano had fallen hard, losing more than 80% of its value. However, since the 0.4 zone low was made in May, the coin has started to consolidate in looked like it had found a bottom. The descending trend line is also broken to the upside as well as the horizontal 0.52 resistance. At this moment we can consider a...
Since January, Cardano has been trailing through the green zone between $0.93 and $0.27 more or less dynamically. Primarily, we expect the altcoin to move deeper into the green zone to finish wave 2 in green. Afterwards, it should develop massive upwards momentum to make it above the resistance at $1.64, which would then augur well for further ascent above the...
#ADA/USDT $ADA broke out from falling wedge pattern, and hold above long term support zone. 🐮 so at least it will fly to 0.236 fib level around $1 and possible to touch 0.5 fib level in long term.