A week ago I made a bearish analysis on ADA. Please check out the post below for a nice overview of the previous signal: After making a minor reversal from $1.30, it appears that ADA is finally ready to go lower. During the $1.30 bounce, a nice head and shoulders pattern has emerged, making the near future look even more bearish. I'm expecting a fall to at...
Placing some low leveraged Buy orders at these support Zones. Should retract at least 20% once price hits these Zones...
Cardano has had a few attempts to break out this year but somehow manages to lose steam on its way up. We are now approaching a pivotal price 1.15 where we have multiple confluences for the upside. However if we break that level, we could see Cardano tumble much lower than the major bull run this year. Again we have a descending trendline which we will be...
Cardano has had a few attempts to break out this year but somehow manages to lose steam on its way up. We are now approaching a pivotal price 1.15 where we have multiple confluences for the upside. However if we break that level, we could see Cardano tumble much lower than the major bull run this year. Again we have a descending trendline which we will be...
Hello everyone, as you can see ADA broke through the previous trend line, and started a new trend. The new trend (the yellow line) is a downtrend and it is quite easy to understand where ADA is going thanks to this trend line. I am expecting ADA to drop down to 1.2 or even a bit lower. This is going to provide us a new bottom and we will be able to see some...
Price breakout from trendline and potential bearish. Trade at your own risk and good luck.
From the daily perspective of the ADA / USD chart, we see a strong trend line, which indicates a down trend. But when we look at the Fibonacci retracement of the last impulse leg, we see that the price is at the important level of 0.382, which is trying to break down for the third time. If the price falls below 0.382, the next level where the price will...
everything is clear in circle point in my oppinion next level is 1.02 "not suggested to sell or by"
Let's look at the Cardano coin (ADAUSDT) since it bounced and continues to down in the 4h timeframe, we can clearly see that the possible pattern that will form is head and shoulders. Any other opinion? Risk disclaimer! just an idea, not an invitation to enter a position
The last few days have seen no strong movements on the Cardano chart. Volatility has decreased and this means that price is building up strength for the next strong move. Which way this move will go cannot be predicted 100% but the chart shows that price is trading in a local triangle, slowly pushing towards the upper boundary. If the price continues to squeeze,...
RISING WEDGE PRICE ACTION This chart pattern can be formed after either an uptrend or a downtrend. Bulls make the first move by creating a resistance and pushing the exchange rate upwards. As bears try to fight back, it looks like the bulls have the upper hand as higher lows and higher highs are being formed. However, bears suddenly start a downtrend by breaking...
#Cardano Analysis🧩 // We've seen the $1 level pushing multiple times the Cardano's price up...The last time was 19days ago since then, the $ADA price went all the way up to $1.4880 But the price couldn't break that resistance at this previous level and we see the price making a retracement bouncing over the $1.280 support level... For a long Buyer needs to wait...
Hi, this is just a back testing that i used after i see this video www.youtube.com Trading with Heiken Ashi + Ema 10 and 30 crossing strategy, plus trend line as support for shorting at best lower highs possible and fibonacci trend retracement as a tool for confirmation as well , enjoy your save trade profit!