ADA had a pretty drawdown following the BTC flash crush. This has created new great opportunities. I entered this baby on the daily 50 MA support at 2.34. However, I didn't share this trade as it was a high risk. Now ADA is hovering at 2.62 after a strong reaction yesterday which brought it to 2.81 at the peak. ADA is bullish right now. Why? - strong bullish...
Adausdt price movement has been intense since the btc surge from 29k and ada is also a major coin that has reached its ($2.55) since btc dump from its ATH(65k). Ada could make a new ath($3.8) from its current position since bitcoin is yet to reach the final. Wait for breakout of the key resistance level before taking a long position. Your likes and opinions would...
Always read/ check for update comments as I might change (no Obama) something in the idea. We broke out of a consolidation phase, had a backtest, and broke resistance. The question now is, can we hold support? I am accumulating a short position within the rectangle "building a short position in this rectangle" and attempt to build a leverage position. ADA is...
TRADING SUGGESTION: Now we looking to the market come to strong resistance level,so wait to take a buy trade.GOOD LUCK . . . . TAKE A TRADE,SIT BACK AND RELAX LIKE AND SHARE
A beautiful Golden Cross with 22% profit in 2 days In the analysis of 9 August, I had announced that the Golden Cross would happen soon Easily reached the first Target The price range of 1.69 Cent to be good for buying in case of pullback Maybe stay in this area for a while without worrying And continue to raise prices again It will soon exceed $ 2
ADA Strong Reversal From Support Area
This should be a hot trade!
If price broke the correction, possible reach the resistance soon
Like a lot of coins, also Cardano is trading at an important juncture. At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd. In my opinion, this will be the case and I'm looking to sell rallies
Total Consolidation. First Selling trend is over. second selling trend is strong and not over yet. Consolidating in 2 levels mainly. If candle closes above the 2nd selling trend line then it can again touch ATH
Till now $1 is seems to be holding well for ADA after testing it many times. Most likely we gonna see a pullback from a double top resistance. Look at the channel on the chart, u will get that we r in a bullish uptrend. An estimated pullback from $2.40 to $1.40 between within June. ( about 45% down) On short-term n Mid-term we r bullish. If we moved...
This is not financial advice !!! This is Just Chart analysis !!! This is 15M Chart
Possible Bullish Scenario ..
ADAUSDT is currently within range , once it breaksout and it will test the resistance 1.6 or support level 1.37 Will update the analysis once we see a clear direction for this pair
ADA REACHED 23 CENTS !! 19 MAY the price was +2$ n went to 23 cents on the same day !! I'm pretty sure this the most coin whales agreed to short it. what we can observe from that:- 1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA. 2- ADA made +630% in minutes cuz they bought a lot. 3- spikes went up after...
ADAUSDT losing momentum on higher time frames and there is a clear divergence on 2h chart. A trendline breakout and retest setup is under development so wait for the trendline break.
After breaking above the descending trend line, Cardano has broke also the horizontal resistance and is trading strongly. I believe a new ATH is just around the corner and 1.8 can be a comfortable target for bulls