ADA failed to make higher highs consecutively and thus formed and is trading within the down channel. Expecting to test 0.5 fib and 0.382 fib before breaking out from the channel. Green line is a support line since the beginning of 2021 rally.
it shows strong support around its previous ATH in may. there's another leg up in my opinion for this coin.
As the title says, should BTC test new lows, alts will bleed quickly and you'll want to try get filled on those wicks down. Worst case, they dont get filled OR they get filled and it sinks way lower than we assumed (stoploss in place for this). However, if they get filled, just look at selling the bounce. Nothing to complicated here, just prep for a potential...
Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!! Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future...
This might ruffle a lot of feathers, but I'll say it : Cardano isn't a cryptocurrency, it's an idea, it's a movement, it's a marketing scheme, it's a cult. Until mid 2020 Cardano had no staking and up until a few days ago it didn't have smart contracts, yet it is the no.3 cryptocurrency. It's at 75B in Mcap and it has 22% of Ethereum's size yet nobody has really...
On daily chart ADA is printing bullish flag on BTC pair. On 25th of September Cardano Summit 2021 starts and I think this event can help ADA to push price higher. We will see in next days, will ADA complete bullish flag setup or not..
ADA may over perform bitcoin and other alts, as the Cardano ecosystem continues to grow and announce new capability.
#ADABTC ADA broke down the middle line of an ascending parallel channel, but price is inside a support zone that perhaps take time to break it down. the next support zone is near lower line of parallel channel, which I think it will go down to touch it.
If this happend to BINANCE:ADABTC , then we can go for Short Position on BINANCE:ADAUSDT The Second line (Dawn) is that Uptrend line that Comes from Weekly Chart and that's my final Target
ADA/BTC is within its Support ZONE I BUY ADA WITH BTC
👉 ADA Completed a Impulsive Pattern And Rejected From a 6300 PRZ Started a New Corrective Trend Currently 5000 Is a Main Support ,We Expect The Price Breakdown This Support Soon 📉Next Targets Are 4200 ,3000 And 1700
Bull-runs in crypto typically move in 3 distinct waves. Did Cardano just complete it's 3rd and final wave on the ADA / BTC paring signaling an end to the bull-run for ADA until the 4-year next cycle?
Look For Cardano to keep moving in the uptrend. RSI moving up slowly Please note Cryptos are very volatile. DYOR and DD
September 12th Cardano release their smart contract on the public test net, my target is $3-$5 if successful however we could see a dip as holders may sell their bags. Good luck and secure the profits. DO NOT FORGET TO SET STOP LOSS AND STOP LIMITS!
Target 8860 Sats for the next weeks, maybe flippening Eth
Hello friends! As you can see in the chart, Ada price was able to break out the resistance and rally to the level resistance. How much do you think Ada price will increase after completing the pattern? With best wishes!
The restistance above seems to be a hard nut to crack. The bulls tried several times now to break trough but did not succeed. The rising wedge finally broke to the upside, followed by an immediate rejection. Altghough there was sufficient volume at first glance it was not enough to start the next leg up. From a technical point of view the upward trendline has...
ADABTC WEEKLY chart review. very heavy overhead resistance, and supply zone for ADABTC. limited upside from here. CARDANO 40%+ CORRECTION SOON. be careful / don't get caught up. CORRECTION MODE SOON. expecting correction/pullback mode. previously maxed out and distribution wave 2 break down. STAGE2 DUMP pending soon, weak bounce possible from here. market not...