UnknownUnicorn26598155

UnknownUnicorn26598155

On the daily time frame, gold is building a big AB=CD harmonic pattern. With the Israeli war, which led to the impulse growth of gold and the creation of a continuous wave 3, we are currently near the end of wave 3 of 3, so the strength of the step has decreased and gold is involved in the important resistance area of 0.618 Fibonacci. Based on the time analysis...

UnknownUnicorn26598155

Solana is probably forming a bat pattern. Therefore, it is expected that after a slight growth, it will be range for a while and then start its corrective step.

UnknownUnicorn26598155

Gold appears to be modeling its previous move in the HIGHER Eschel. The movement of gold is expected to slow down after reaching the current resistance, however, reaching the ATH in the next 45 days is quite possible. We should not expect the continuation of the current impulse movement, but probably the previous ATH in 2070 will be touched after 45 days. I expect...

UnknownUnicorn26598155

We can see an inverted head and shoulders pattern at the end of the gold downtrend, which indicates the end of the downtrend and a return to the uptrend. We can also see a positive divergence in the current price, which will indicate an upward trend. We consider the price of 1930 as a trigger and enter a long position after the price crosses this PRICE. The target...

UnknownUnicorn26598155

Due to the exit of gold from its 6-month ascending channel, it is expected that you will go through a mild downward trend in the next month. Also, gold lost the 0.786 Fibonacci support and broke the 1960 support. It is expected that the downward trend in the price of gold will continue until the support of 0.618 Fibonacci and reaching the support of 1870. After...

UnknownUnicorn26598155

Technically, Cardano is still in a downtrend and no incoming signals have been issued. There is no news of a big money inflow or high trading volume that could indicate the start of an uptrend. The next support is 0.28. When we reach this number, follow the volume of transactions and the movement of the whales.

UnknownUnicorn26598155

Note the following signals: 1- The 4-hour resistance is broken. 2- It retested the broken resistance. 3- RSI has given a buy signal. 4. Cardano Whale assets have increased by almost 10% in the last 24 hours.

UnknownUnicorn26598155

In daily timeframe, ADA is forming an inverted head and shoulder pattern, which is a very important pattern at the END of a long descending channel. The 0.618 Fibonacci support(0.93) could be ADA's last DIP. We consider the breaking of the 4-hour timeframe resistance as an important signal for BUY. Here we have the conditions for a good trade with a high...

UnknownUnicorn26598155

The current trading volume is small and can not indicate a DIP. I think the market will be down during the next day and ETH will experience the 2800$. At the same time, ADA will go down to its next main support(0.860). This support is equivalent to 0.786 Fibonacci. After this big correction, the market will have a very good upward potential and can regain its...

UnknownUnicorn26598155

After forming the cup and handle pattern, ADA experienced rapid growth and then created a DOUBLE TOP pattern at 1.25. Based on the classic TA, I expect a 10% drop from the bottom of M pattern(0.236 fib) and a drop to $1 KEY ZONE. Also according to Ichimoku, Cardano's most important support is in the $1 zone. The $ 1 zone also shows the DC Channel midline which is...

UnknownUnicorn26598155

Following the negative news published by the Federal Reserve and due to their anti inflationary policy, it is likely that short-term prices will fall in the markets. Technically, ADA has started a downtrend after forming the DOUBLE TOP pattern at 1.25 and exited its ascending channel. probably supply will continue because the trading volume has not increased...

UnknownUnicorn26598155

I still hope ADA returns to the $1 KEY area You can follow my previous analysis of Cardano.

UnknownUnicorn26598155

After a rapid growth following a full cup and handle pattern mattress, Cardano grew as sharply as expected. Following the negative fundamental news that caused a TVL 18% decrease, Cardano left the ascending channel and is expected to return to the top of cup. Some of the negative macroeconomic news is as follows: 1-CHINA REPORTS 8,655 NEW CORONAVIRUS CASES,...

UnknownUnicorn26598155

After forming the cup and handle , the movement is expected to be ascending and equal to the amount of dip to ceiling of the cup. So after forming a small handle, we expect an increase of 28.7%. The existence of a 1,260 key point confirms our conjecture. After reaching the 1.260 target, we expect a correction to short-term bullish channel floor.

UnknownUnicorn26598155

In this post, I have tried to show the impact of each of Cardano's previous hard forks on its price. According to the chart, Cardano has a 1.60 two-month target. But in the short term(next week), decrease of Cardano TVL could make it bearish. pullback to 1.020 is possible. We have the Vasil hard fork ahead in Jun.

UnknownUnicorn26598155

this pullback will probably be the last time to hit the 1$ key range. the first target will be 1.26$ and the two-month target is 1.60. ADA is fundamentally bullish. search about Vasil hardfork :)

UnknownUnicorn26598155

We see a cup pattern in the Cardano chart. The next pullback will probably be the last time to hit the $1 key range. The first target will be $1.26 and will be achieved in about a week. The two-month target is 1.60.