The range formation for Cardano was finally broken on Wednesday, despite the weakness of Bitcoin. The former bearish H4 OB at $0.375 was flipped to a bullish breaker. Moreover, the range breakout saw an FVG (white) develop at the $0.375 area as well, marking it as a good demand zone. Yet, if Bitcoin was unable to climb toward and past $27.8k in the coming days,...
ADA has been trading inside a bullish channel since the start of 2023. It appears that the most recent sell-off has concluded and found support on the bottom line of the parallel channel. Near-term targets in blue. If you prefer a high R/R trade you can wait until the price reaches the top resistance of the channel.
An important resistance that maybe change the way,and maybe come to green box
If it is supported in the green lines, the upper lines are accessible
Use DCA strategy from green zone. Take your risk, make some profit !
Cardano bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 0.349 is possible.
Hello guys, Everything is explained on the chart for you like always. In pervious analysis we said that the price has broken the descending channel although is still below the base band resistance and after that we usually expect the pullback as a retest to enter buy position at 0.34$, next point to buy will be after break the resistance base and at pullback to...
🔥Hi, friends! Cardano falls to the $0.38-0.39 value area and the price still holds inside it. If the price fall below this value area and returns inside, it will be a strong bullish signal. 📊 TRADING PLAN FOR ADA: 🔥 liquidity collection below the $0.38-0.39 value area 🔥 false breakout 🔥 volume growth 🔥 bullish BTC is a must-have for altcoin's growth ✅ MY...
Ada is at the bottom of its Rising Parallel Tunnel. Great opportunity to open a Long Position with very short Stop-Loss. Win/Loss Ratio is amazing. All Take Profit Targets are on the graph(market yellow). Follow us to see more Trading Setups.
Like the honey-loving bear Winnie the Pooh, Cardano should grab deeper into the orange-golden honeypot between $0.39 and $0.31 to finish wave (ii) in blue. Although the main requirements to conclude the current movement have already been fulfilled by touching at the orange zone and Cardano could thus take off anytime, we rather expect the altcoin to advance...
I think this is zigzag correction and this is the end of the branch.(for now!) I think this is more complicated correction and we should wait for it to show itself.
#ADA /USD TA Update: CRYPTOCAP:ADA currently trading at $0.3594 According to Coinlion Trend Trader Indicator, we got en Exit Point Alert for ADA at $0.4 (04/21) Coinlion Trend Trader Indicator entered short at 0.3864 the 4th of may. Then takes 2 times Profit : 1) $0.365 (20% exit position) 2) $0.362 (10% exit position) (6,5% Profit). There is a strong...
🤑The ADAUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot S1 weekly - The Bottom of the Wedge area - Falling Wedge Pattern ❗and the Upward signals of market momentum are: - Divergence in MACD ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles...
Cardano cryptocurrency or ADA Coin had formed and broken down the Head and Shoulder Pattern on Daily TimeFrame. The pattern is a bearish pattern and hence I believe price will drop. Targets 1- 0.35 2- 0.30-0.31 Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION...
ADA’s key April support zone of $0.3700 - $0.3760 (cyan) was flipped to resistance on 8 May. So far, ADA has seen two price rejections at this level in the past two days. A pullback retest at the same level and confirmed downtrend could offer shorting opportunity, targeting the key January/February resistance level at $0.3470. At the time of publishing, the...
Inherent in the risk of buying your favourite #crypto is to watch fade into non- relevance coupled with a non event #BITCOIN halvening which will happen one day! Just throwing out a what if scenario for #cardano those levels yielded a wonderful opportunity twice before, could it be a third time?
Cardano (ADA) Whales on Radical Move as Network Activity Heats Up: Details The chart: ADABTC on valid support and structure looking to be gaining momentum. Slightly Descending channel on support (the dark blue channel on the chart), backed by reliable support (green trend line) and we want to be early on this trade. Targets: - The mid of channel is more than...