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ADA-USDT

ADAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. ADA/USDT, Daily time frame At the moment a few signs of weekness are to be detected under the first resistance line. Moreover we can see a Bat Pattern which can be interpreted as an additional sign for an upcoming correction. Another observation we made is the short distance between the two support lines below which is very convenient as it increases the likelihood of an acceleration to the upside after a possible decline to this area. However, if this fails to happen a decline to the third support line can be considered even though it is less likely as long as the price remains above the second support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
3 Months until the Vasil hardfork. TVL is climbing 👀Cardano is the Blockchain to go if you believe in the scientific route. So far over 150 peer reviewed papers came out and many problems were solved before the implementation. Do it right from the start even if it takes some time! Cardano dropped by 75% from its previous ATH around 3$ within the last 6 months. Now it looks like we found another local support close to the 0.8$ line and can start a trend reversal from there. Bearish stuff: We create lower highs and lower lows so technically we are still in a downtrend. We are below the 50MA, 100MA and 200MA. Volume is very low. Bullish stuff: We currently broke the downwards trendline. Sundaeswap is live and the TVL is growing. The Vasil Hardfork is only 3 months away. Bitcoin looks healthier and Cardano as well as the whole market could profit from that. The fundamentals haven't changed and Cardano is at a 75% discount. We believe that the people that hold through these hard times will get rewarded. What is needed is patience and endurance. We expect bullish times ahead and can't wait for it. The star projects the price target we set for the Vasil hardfork. Let's see if we can reach it until then. Feel free to comment or ask anything you like. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers Ctumblery
by tumbler55
4
🔥 ADA Bullish Reversal InitiatedA couple of days ago I made an analysis on ADA. In this analysis I talked about the pending break out of ADA. My main resistance for the break out was $1.40, a break above that level could indicate further strength. With ADA trading above $1.40, I'm confident that we're going to see more bullish price action coming our way in the coming weeks. I'm expecting a minor drop towards $1.40 or so before moving back up. Main target still placed at $1.75. Happy trading!
Long
by FieryTrading
9
CARDANO IN CHANGE OF TREND?This analysis is an opinion, it is not a financial recommendation. Currently, I am waiting for one last pullback from the cardano above the $ 1 price. Only at this point will I study a possible change in trend for my hold / swing operation. The $ 1 zone has been too strong a support since it has functioned as a rejection zone more than 6 times. Until now, it only remains to wait and carry out a prudent management. Finally, it should be noted that bitcoin has a curious correlation in which it would notably boost cardano as it is respected. Greetings.
Long
by Dajadtrader2
ADAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you can see, the price could not be supported and has dropped below our support line, and now that line, is play the role of resistance. We believe that the price moves to its first resistance line, and if it can not stabilize above it, continues to fall to our first support line with a pullback. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
2