If we do see a larger crypto correction, Cardano may continue to see lower prices 200 day moving average and previous support acting as resistance for price at the moment Short ADA down to 0.30 or 0.25 may offer a good hedge to the crypto correction
Saw a sell opportunity here but missed it due to a weak down trend. Expecting a break here to the upside. Basically buying aggressively any buy opportunity.
As you can see, we have a demand area for This area is very reactive and we expect the start of an upward movement So get purchase confirmation in the time trigger The price goes up with your likes
Chart description: - Double three (flat, zigzag). - Target boxes laid out in chart.
We had a strong pullback since Friday's session. I expect an upside correction from levels below. CMP 0.42 E1 - 0.41 E2 - 0.39 E3 - 0.37 TARGET - 0.60+
In the 4-hour timeframe of ADA, we previously observed an upward trend, which warranted the drawing of an ascending trendline. However, the market trend has recently shifted downward, confirmed by the breaking of the first significant support, known as the blue box. This area, previously recognized as the main support, has failed to prevent a price drop, resulting...
Clarification: 1. I am hoping ADA will recover and perform well. However, hope is not a trading strategy; this chart is mega-bearish. 2. The chart is on the weekly TF, but the EMAs are the Daily EMAs. Analysis: 1. ADA lost the upward-sloping trendline on April 2nd. 2. ADA was unable to reclaim the uptrend on April 8th. 3. As a result, ADA dropped to its...
Trade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Swing Traders:That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Stop Loss...
Quick one yeah, you might want to start buying BINANCE:ADAUSDT now assuming this is the end of the wave Y-green of wave 4-orange or wait a bit for price to create another leg to $0.3622 which will bring us to the second scenario that the previous high, wave X-green is our wave 5-orange instead. If the later is correct then we ill definitely see price retrace...
BINANCE:ADAUSDT has been building bearish pressure. If you zoom out, you can see that the price was hitting the support zone 0.5600-0.5700 for over a month. Basically, it is building a descending triangle where we have equal lows and lower highs. Most likely, the market will break through the support level and retest the lower prices. Probably the flat number at...
BINANCE:ADAUSDT is testing the limit support area, which is actively defended by buyers, within the framework of the uptrend. A buyer appears on the market. Caradno is trading in a very wide channel, in general it indicates to us the actual potential. The price cannot break through the MA-200 yet, but most likely the next attempt may be successful. The coin...
Its almost gone up with about 40% from the last time we checked it out
📊Due to the decrease in the downward momentum of the price movement and buying pressure in the market, if the range of 0.610 units is broken upwards and the price stabilizes above it, the price may increase to the range of 0.670 🎯and in the case of the strength of the range of 0.750 units🎯🎯. 📊Otherwise, the price may drop to the range of 0.520 units.
Hi. COINEX:ADAUSDT Chart is Speaking It Self!!! Simple analysis... The price has found the ascending channel support,Expect move up and reach the $0.80 level as the next target. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The...
Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 12h 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...
Filling order gaps is a common trading strategy as it takes seeks to exploit the cyclicality of markets. ADA has created two unfilled gaps against BTC recently that need refilling. Cardano definitely has some catalysts coming up that can help realize the expected 4x against BTC as it should also approach ATH.
⏳ Let's take a look at the analysis of the ADA coin and analyze it for our trading 📉 In higher time frames such as weekly, we have been experiencing an uptrend and have reached a significant weekly resistance at 0.7901. After hitting this resistance, we have undergone a deep correction so far, but we have not turned bearish yet in the daily time frame. 🔽 In the...
📉Hi Traders, Investors and Speculators of Charts📈 In recent news we've just learnt that Cardano is being considered to assist in the upcoming voting processes! Multiple US states are exploring the potential of leveraging Cardano for enhancing election transparency through the integration of blockchain tech into the voting process. Now this does not necessarily...