ADA is getting the first time test since 120 days of breaking out of the downtrend that lasted for 690 days, all eyes on ADA, a clear reversal on the daily chart:
I would love to provide more details but due to the big limitations by Tradingview (less and less indicators on the free version) I can just post the basic.
Bottom signal on the daily (Green hammer) and on the 3 days charts (see image)
ibb.co
Have a nice start of the next cycle!
Everything is ready for an upswing, once the Bitcoin based Cardano reaches a credible and important support, we need to know that it will grow stunningly on a dollar basis
Look at ADABTC nearing the upwards sloping resistanceline.
It immediately throws the question at you, will we bounce there or will we still see the green demand zone?
Well, let's also look at ADAUSDT : it's repeating its previous cycle TO THE TEETH for now :
We break downwards sloping trendline out of the bearmarket,
we fall into a falling wedge
we broke out...
Trading Setup:
A Trading Signal is seen in the ADABTC (1D) (LONG)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.00000947 - 0.00000811
🔵TP1 : 0.00001237
🔵TP2 : 0.00001578
🔵TP3 : 0.00001765
🔵TP4 : 0.00002090
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Cardano is right on time this cycle. Don't be fooled with other coins pumping. That is actually Bullish for Cardano as well. look at the weekly RSI showing signs of bottoming out
The last time the 20 week moving average crossed over the 50 week moving average was in May 2020. Following this, the price spiked to the upper 423 Fibonacci level. I copied those candles to speculate on price action for the next 2 months.
➖ The last bullish cycle lasted 756 days from bottom to top.
Total growth = 1,483%
The bull-run phase within this cycle lasted 245 days.
➖ The last bearish cycle lasted 784 days from top to bottom.
If the next bullish cycle were to last 756 days, similar to the 2019-2021 cycle; ADABTC would be moving bullish until mid November 2025 (17-Nov '25). This is if the...
Hi dear friends, hope you are well and welcome to the new trade setup of Cardano (ADA) coin with US Dollar pair.
Previously we caught almost 183% pump of ADA as below:
Now on a 4-hr time frame, ADA has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
◳◱ On the $ADA/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001211 | 0.00001262 | 0.00001344 and support near 0.00001129 | 0.00001098 | 0.00001016. Entering trades at 0.00001179 could be strategic, aiming for the next resistance level.
◰◲ General...
CARDANO - CRYPTOCAP:ADA / BTC
On Nov 1st I advised the following:
✅ A breakout in the window between 20th Nov - 29th Jan (could be shortened to the 8th Jan now).
✅ Bull trend confirmation = break above 50 SMA
✅Great risk/reward with stop under diagonal support
Folks this could be the beginning of a long running upward move.
A close above the 200 DSMA is...
