Hi. BINANCE:ADAUSD ✅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...
Good day my dear friend, how are you doing? See, Cardano has been red for three weeks. Two weeks actually but this week starts red and is likely to end red. Seeing three consecutive red weeks can mean a correction is about to develop, we can deduct this based on multiple signals. This is ok. This projected/potential correction is only a short-term event. It can...
This is a quick and simple one. A tiny bit of information that might be useful to your chart analysis... Maybe for correlation, comparison or to open up to new perspectives, views, possibilities and ideas, we are talking about a chart. Here we have Cardano on the weekly timeframe, five weeks going down. ➖ The five weeks going down can tell us that a bearish move...
Hello friends, did you have a good day? I'm going to show you a shocking and amazing chart today It's a log-chart. There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension. It's the SECRET of 0.1 and 0.236 0.1 and 0.236 are places where there is a fight between selling and buying, and have...
Big opportunity is in front of your eyes. In my opinion, wave 2 is completed and I will buy for wave 3 with the targets indicated on the chart. The game of altcoins has just begun.
We have 2 Cardano charts: ADA in 2020 and now. We have very similar formations. The first serious rebound from the bottom and a 50% correction in both cases. The only thing that bothers me is that now we have seen a large volume at local highs. The price has come to the support zone and may stay there for some time after a sharp decline. But I wouldn't be...
❕ADA vs BTC ❕ ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed. Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with...
This is the macro view of the daily timeframe analysis I have already aped in BINANCE:ADAUSDT and already set a limit order below to DCA around the 60 - 80% Fib (see daily timeframe for context). This whole idea is invalidated one price retrace 100% from the last low created on the 10th of June 2023 which serves as the stop order. If average entry be $0.45, ...
Difference between order types explained Buy and Sell Stop vs Buy and Sell Limit When trading in the market, understanding different order types is crucial for maximizing your potential and managing risk. This guide will delve into the key differences between Buy/Sell Stop and Buy/Sell Limit orders, helping you decide which order type best suits your trading...
ADA One of a lifetime opportunity investment Most investments in this period of all markets are considered a one-of-life-time opportunity investment before markets start rallying.
According to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply. 💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand. 💎 Currently, this...
Cardano's price is in a triangle pattern with a resistance at $0.49. If Cardano breaks the resistance at $0.49, it will likely lead to a price pump.
OK, friends, Let's talk about ADAUSDT. It looks like it will break through the RED downtrend, if it is supported by the GREEN uptrend line below. If it doesn't break through, It can look for an rise from the orange downtrend below after accumulation once again.
The daily chart for Cardano (ADA/USDT) displays a fluctuating price movement with critical levels outlined. Currently, ADA is trading at $0.4662, having faced significant resistance at the $0.5263 mark (R1). The next major resistance level (R2) is situated at $0.6852, which marks the upper range of the price movement in this period. The support structure includes...
First it was all downtrend since September 2021 till October 2023 (over 2 years) with a drop of over 90% then created a temporary support before breaking down. Ever since price tried to recover several times but got rejected even after breaking out of the Descending Channel and then we saw the retest of the channel exactly a year ago before flipping the...
I'll simplify on this one -- reflective of ADA's non complicated nature. KEY NOTE: WEEKLY Price Yearlong standing price support -- currently bouncing off it with accuracy. WEEKLY NET VOLUME surge. Weekly Histogram Higher Lows. Thinning movements on the lower price range -- HUGE HINT. Currently sitting just above 1.0 FIB level -- beyond bargain / discount. THIS...
ADA looking for major support. SFP of the low, its also a monthy support orderblock backtest. many level to level trades, but a support confirmation would confirm a major monthly adam & eve bottom with very high fib retracement levels.
We are at the end of wave C from wave 2 and ready to start the big wave 3. I entered the buying position with the specified s.l This is what I did and it may be 100% wrong, but I accepted the loss.