Adaust
QUICK RECOEVRY???!!
AT THE MOMENT OF WRITING UTC+3 TIMEZONE 22FEB. daily candle havent forment yet.IF and it is a big IF we close above 0.5 fibonacci retracement level we might have huge runon this.Fibonacci extensions are visible on chart so is my price target.
Not financial advice.DD do your research
Cardano (ADA) • We hit another target. Now to next one. Cardano hitting pretty much all targets and forming more consolidation. This rally likely to take us next target (around 40% from here) and pretty soon ATH into price discovery.
At the date of this video. Cardano took XRP marketcap and is now the 3rd biggest (discounting USDT) crypto by marketcap and around 1/10 of the size of ETH. In my opinion ADA will gain significant marketcap simply because it offer better RR than top 2 and as result will rive a lot of speculative liquidity into it and pushing into higher levels faster than ETH and BTC.
ADA.USDT (Y20.P6.E2).Progress?Hi All,
A continuation post from the previous, link below:
Note the chart and the levels.
ADA is doing good as it broke a key resistance level and holding on the daily at the same time, meeting a daily resistance level.
To the script its doing.
I would imagine it will find a squeeze happening in this confined area and then make a big move, hopefully to the upside as I think it will do.
However, i would say you will need to time it well to benefit it from flipping from BTC to ADA and ETH as both have similar results, ETH slightly ahead in terms of chart progress.
You can refer to my previous posts on both ADA and ETH having the same type of top trend line resistance.
Moving forward, its going to be difficult to time it as I have BTC dominance going up and its most likely BTC goes parabolic or it dumps hard.
Both a realistic expectations based on how the price action is going...gaining more speed.
Note the MACD on the daily, reversal in play and the Phoeix high in the bullish zone above 70%
As stated in the past, I'm looking at .23 to .25 as the main target range.
I hope all you do well as I know no-one can tell us what the expected top is for BTC in this run, but also play it safe as BTC is the king so far.
All the best,
S.SAri
Daily chart, as per the text above, main resistance now support while above, a few resistance levels on the weekly and daily
note the levels, inverted BARR structure and targets, all realistic, question is when.
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Cardano (ADA/USDT) eccurate entry place get it hereYou will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
CARDANO - ADA - Forming bottomedAllowing wave ((ii)) bottomed
Despite the attempted breakout discussed in the recent, Cardano has come under pressure along with the rest of the cryptos. We've adjusted the count to favor a larger leading diagonal has unfolded for wave i, with wave ii now underway. There's no evidence wave ii may be complete. Fibonacci support levels are cited.
Key Levels: 0.03498, 0.04010, 0.04345, 0.05557
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ADAUSD - 1D Chart AnalysisAfter it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project.
Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value) but at this stage, the odds are not looking too favorable for the following days.
From the technical perspective, the price has bounced back from the lower standard deviation of the Bollinger Bands but the increase wasn't strong enough to change the trend direction.
On top of this, with the RSI having a neutral position and with the Stochastic registering multiple crossovers but without any major impact, it seems that the price will continue it's sideways movement in this bearish trend.
If the trading volumes will remain as low as we could see it in the last weeks, the price has big chances to continue is decrease towards the level of 0.0361
ADA BTC SHORT scalpingIn this chart we have an ascending channel which means the price slowly will increase and when MACD will goes to neutral zone(0) without to increase much the price we have a breakdown.
Stoch are increasing we have a bullish divergence
RSI above neutral zone
Macd is increasing slowly and the price didn t make any move=bearish
We have 11 candles now in this ascending channel from where 9 are upper wicks=bulls are trying to push the price higher but the bears all time will sell it.
In 1154 also we have a resistence from ichimoku cloud and at 1D a very strong resistence at 1202.
In 1145-1150 you can open a short with 1111 and 1098 Targetpoints.
BTC is on cboe futures also which is bearish til 16-17 oct