There is a bearish divergence on the Bollinger %B. There is declining volume and on the phoenix indicator the red line is moving downwards and de yellow lsma line is ready to fall back below the pink line.
Price over the major resistance and looking healthy altogether.
If Bitcoin can rise a bit then ADA CARDANO could be up for a significant rise in price.
Let's go ADA
the FXPROFESSOR
Hello guys, today we are talking about Cardano (ADA).
If you are interested to buy ADA you need to make sure to understand where we sit now and to do not go against the market when buying.
Enjoy the video and make sure to share your thoughts in the comments below !
very very key leves here for ADA, this next week looks to be a very spicy one. technically had already broken the much larger wedge, just now breaking the ascending triangle, attacking the 100ema, and hopefully closing this daily above 1.42 to recapture the daily spport. which just so happens to be at the 100ema and the ribbon here. my first targets are in the...
Hello everyone
turn on your alarms.
confirmed breakout of 50 ma could be a good run.
last week Grayscale added more Ada to its portfolio, so everything is ready.
it is not a piece of financial advice always do your own research.
Its again a Inverted Cup & Handle. Looks Bearish from here with small pump to touch Handle peak. The Trendline will meet ~0.61 Low before going Bullish.
Enough of room downside with small probability to move up based on news pump.
Your View are welcome.
Note: This is pure technical analysis & i believe in trading the trend.
Will share short move trend pattern...
Hello friends!
Yesterday's forecast was, "test of 1.40 likely, possible break above towards 1.47." ADA indeed did break above 1.40 and was able to rally to 1.44 before running out of steam. ADA established good support at 1.40, which was tested early in today's trading with bears bringing prices down to 1.38 but unable to break 1.40 support.
After the 1.40...
3 key points here.
1 bearish divergence as we are making lower highs but higher highs on rsi
2. rsi is forming a rising wedge bearish pattern
3. volume has been falling for days/ weeks last two days we have been rejected again forming a wick and closing for another lower high.
