Probably shouldn't have high hopes for #Cardano CRYPTOCAP:ADA , as it is an old, heavy, and clumsy coin. However, recently, the information field around the project has been stirring up, to the point where there will be memes on #ADA) It would be nice to see OKX:ADAUSDT at $0.80 by the end of 2024, following the blue route, w hat do you think?
#ADA The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern We have a bounce from a major support area in the color EUR at 0.3600 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on...
Looking at the global #ADAUSDT chart One question arises : - Did the ABC correction already end in April at $0.40 in 🟥the red scenario? - Or is there another dive down to the $0.30-0.34 area according to🟦the blue scenario? The critical level from below is $0.40 The critical level from above is $0.50 Fixing the CRYPTOCAP:ADA price below or above the...
#ADA The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level of 0.400 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support...
Hey, folks, listen up! There's an awesome chance! The local bottom is practically waving at us. Time to make moves and seize the opportunity! Ada to the moon🚀😎 You know what? I've got a feeling the big market makers are gonna start pumping soon! 📈🚀DYOR
Hello friends, did you have a good day? I'm going to show you a shocking and amazing chart today It's a log-chart. There's a way to read the ideas of the forces by applying a little bit of technology in the Fibonacci extension. It's the SECRET of 0.1 and 0.236 0.1 and 0.236 are places where there is a fight between selling and buying, and have...
Clarification: 1. I am hoping ADA will recover and perform well. However, hope is not a trading strategy; this chart is mega-bearish. 2. The chart is on the weekly TF, but the EMAs are the Daily EMAs. Analysis: 1. ADA lost the upward-sloping trendline on April 2nd. 2. ADA was unable to reclaim the uptrend on April 8th. 3. As a result, ADA dropped to its...
ADA’s outlook is bearish for the following reasons: 1. Double Bottom formation. The first top is on March 4th at 80 cents. The second top on March 14th at 81.17 cents. 2. Cardano also formed a Head and Shoulders pattern between February 17th and April 2nd. 3. ADA is. Below the short EMAs, the 21 and the 50. Should ADA lose the 58-cent support, It could drop as...
ADA made a bullish patterns Inverse Head and Shoulders i see if it broke out from the resistance Disclaimer:this is not a financial advice
🏃♂️ Cardano(ADA) is moving near 🔴 Heavy Resistance zone($1.053-$0.746) 🔴 and Resistance line . 🌊According to Elliott wave theory , Cardano(ADA) seems to have completed Zigzag correction(ABC/5-3-5) . 🔔I expect Cardano(ADA) to start falling again from the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least fall to the 🟢 Support zone($0.661_$0.633) 🟢. ...
#ADA The price is moving in a descending channel on a 4-hour frame We now have a successful penetration of that channel upward We have oversold conditions on the MACD indicator We also have a higher stability moving average of 100 Entry price is 0.5230 First target 0.5443 Second target 0.5852 Third goal 0.6391
Aggressive Trend Trade 2R - long impulse + biggest volume T1 level + biggest volume 2Ut- + weak test + better the the first closed bearish bar entry level Calculated affordable stop loss 1 to 2 R/R take profit Daily chart context + short balance + CREEK level + resistance level
If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions. It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached...
TLDR: ADA finished its correction. The target for the next impulse is between 1.17 and 1.25 Dollars. Background: Between ADA October 18th and December 12th, 2023, ADA’s price rose 186% to 68 cents. Following this impulsive PA, ADA entered a correction that lasted 42 days with an overall correction of 35%. The proportion between the impulse and the correction...
Hello, after a long absence, back again to analyze the financial markets. This is my analysis of the Cardano currency. It appears to be in a positive state with the formation of an upward channel as shown in the analysis. Good luck to everyone.
TRADE ALERT! Ada Ticker: ada/USDT Entry:0.51-0.53 Take Profit: 0.6180-0.6385 Stop Loss: 0.4739 Risk to reward: 1:2 Technical Thesis: Price saw a correction upto 0.618 fib ratio The area of 0.5 fib and 0.618 fib is where price is holding and is expected to bounce. Keep an eye on 0.53$ to 0.51$ area for long position.