ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps). I start to accumulate ADA in this area because prices are Right at the lower trendline of the ascending channel ...
the trend on ADA is still bullish we have had a nice push to 75 cents and then we started to retrace forming a range (Accumulation), then we had the nice push down to fill fair value gaps and also test support and we left a violet vector candle that recovered all green vectors from the left side and provided the false move for the retailers to go shorting support...
If you 're looking at the 3 day chart, ADA looks like its ready to blast off, however, if you are at the Daily chart, you can see a clear trendline with an about 30 degree angle. And it is likely ADA will retrace down to the low $0.60 to re-test, before blasting off.
💎 ADA's recent market performance is making waves, evidenced by a robust bullish candle on the daily close. This pattern suggests a potential resurgence in its upward trajectory, aiming for a significant resistance target. Investors and traders are closely watching this development, as a sustained upward movement could signal a strong bullish phase for ADA. 💎...
Ada beautiful scenery here we already know bitcoin it’s in a bullish trend as we all know Ada intends to follow same roll already happen a few years ago, so seeing this trend with a lovely push already on deck in my opinion we still got a lot more to go I will hold my buy position into 1.1888 ,2.1293 zone to be approaching..
Let me start by saying that this statement, "to go down with Bitcoin," is only a temporary situation. It is based on an upcoming quite normal, standard and classic correction. I am a Cryptocurrency bull. But before being a bull I am your friend, your supporter, your follower, your teacher. ➖ My job is to warn you about what is happening with the charts in this...
Cardano ( CRYPTOCAP:ADA ) has emerged as a beacon of hope and optimism, charting a remarkable path towards its yearly high amidst Bitcoin's historic rally. With each upward surge, CRYPTOCAP:ADA finds itself inching closer to the coveted $1 mark, igniting excitement and anticipation among investors worldwide. February's Fantastic Performance: Cardano's...
hello huys i hope all of you sre taking profits, i made some good Ideas all this past February and everithing that i thought, went Up. this time Cardano. i didnt see a movement yet, and i marked in the graph all the lines i believe Cardano must Cross. 0.70$ now, 2$ later. i will put some money, what will you do?
💎ADA has recently undergone significant market dynamics, breaking out of a key resistance level area. There's potential for the price to undergo a retesting phase, initially testing support around $0.68, before resuming its upward movement, potentially reaching our target area. 💎 However, if during the retesting phase, ADA fails to bounce or even breaks down...
in weekly timeframe ada can goes up for $3.3 to $4, but the first wave almost finished and between the 2 horizontal orange line we might see the bearish weekly pivot. on the green box and its below we can buy this old boy to make some money. NFA
Hi everyone, Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase. ADA price already lost almost 30% from its local high and probably this number will continue to increase. At the moment the main support located at 0.46 price level but most likely this support won't withstand for long. In the near future I expect ADA...
Cardano may have been finished 5 waves to the upside as the price hit 2.618 fib extension for wave (1) of bigger degree wave ((5)). Below 0.7650 we are looking to the downside to complete a 3 waves structure, wave 2. On this count we used log scale!
## ADA Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Cardano (ADA):** A proof-of-stake blockchain platform for decentralized applications (dApps) and smart contracts. * **Launched:** September 2017. * **Market Cap:** ~$28 billion (as of Feb 23, 2024). * **Rank:** #7 on CoinGecko. * **Unique Features:** * **Plutus smart...
Wyckoff accumulation on the daily chart is complete. We have been in this period for more than a year. Breakthrough with strong volume is desirable I am of the opinion that every buy dip is good on ADA
Attention! 🚨 This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Channel Down pattern, price has reached our target of $0.65 for a 17% gain. That’s a resistance zone where it got rejected in late 2023. Now we wait for price to either 1) break above $0.68 resistance to signal continuation of uptrend, with +47% upside potential to $1.00 next, or 2) pull...