CRYPTOCAP:ADA bounced off the resistance level and the descending trendline. Decline to support level at $0.53 is expected to happen.
Hey, its Dalin! Loving this setup on ADA. Cardano is really showing a classical market cycle structure. Altcoins tend to do this exact pattern. - Dalin Anderson
Hi everyone, Cardano managed to break 0.42 resistance level and almost reached local high at 0.46 set in April 2023. At this point 0.46 level is the main obstacle for continuation of price rise. In case if ADA will manage to break this level then road open to go above 0.5 rpice level but I think that Cardano won't manage to break this level unless Bitcoin goes...
💎 ADA has indeed garnered significant attention in the market with its impeccable rounding bottom movement. Presently, ADA encounters a formidable supply area and encounters difficulty in breaking through. Observing the candlesticks for any bearish rejections, if ADA fails to breach the supply area in the near future, it could validate a rejection, signaling a...
Cardano, one of the most ambitious projects in the cryto space and one that forms 30% of my portfolio, I have been accumulating between 0.20 - 0.30. It's that simple, buy as a long-term investment 1-3 years
Trade setup : Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 resistance as well. However, price is now very overbought (RSI > 80!) just as it reached that $0.60 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Trend : Uptrend across all time horizons (Short-...
Thank you for reading this update Cardano seems to enter with a new volume, is the hype of Cardano starting?
Hey Crypto Enthusiasts! 👋 It's time to zoom in on ADA Cardano, an altcoin showing some serious moves in the market! Let’s dive into the details and chart out the path ahead. ADA Cardano's Current Position: 📈 Recent Major Breakout! The charts are speaking loud and clear. 🎯 Heading towards a key target of 0.6844. Support and Resistance Levels: 🛑 Current Support:...
Last month I made an analysis on ADA and the huge parallel channel it has been trading in for almost 4 years at this point. In said analysis I wrote that my long-term target for ADA is placed at 35$ (or the top of the channel, whichever comes first). The trade is playing out well. However, the 3-day RSI has hit a new record high of 90.37 at the moment of...
Hey everyone! 👋 It's the weekend, and it's the perfect time to dive into the latest market trends. Let's unwrap the dynamic movements of Bitcoin and Altcoins together! 💹 Bitcoin's Current Trajectory: 🎯 Target: 45,500 - 45,700 📈 Ranging..sideways trend Bitcoin Dominance & Altcoin Rally: 📉 Bitcoin dominance at support today....be careful 🚀 Highlighting the...
gerade Hello dear traders, In the Cardano cryptocurrency on the 45-minute timeframe, we witnessed the breaking of a resistance level, marked by a black line, which indicates a bullish trend. We expect that with the ascending trend and the setup of a long position in this area, the price will continue to rise. I have provided you with the stop loss and take profit...
This signal is based on the idea that ADA is currently trading inside a bullish flag pattern, consolidating before the next break out. We're going to assume that the lows of the flag are already in and that the break out will occur shortly, hence the aggressive nature of the trade. Stop below the recent low, target at 0.6$. A more patient trader might want to...
ADAUSDT Technical Analysis Update ADAUSDT Currently Trading at $0.371 The ADA price broke its trend resistance line with high volume. Buy zone : Below $0.372 Stop loss : $0.339 Always Keep Stop Loss
Greetings, Welcome back to Gems Series! Due to recent moves in cryptosphere, we will to to publish multiple Gems every day. First one for today is Minswap and it's token Min. This coin bottomed a few weeks ago then broke out consolidated and broke out again today. This project is built on Cardano blockchain and today's move was on the bake of Cardano's own move...
Cardano has turned overbought on the 1W timeframe (RSI = 79.294, MACD = 0.031, ADX = 45.270) being on the strongest weekly candle since the previous Bull Cycle and the August 9th 2021 week. Despite that, the market doesn't seem to be done buying as the pattern is an Ascending Triangle whose HH top is exactly on the 1D MA200. Those two along with the R2 level...
Cardano (ADA) is about to explode with potential, aiming for a target of $1 and beyond! Cardano, the blockchain platform that has been captivating the crypto community, is making significant strides towards becoming a force to be reckoned with. With its unique approach to scalability, sustainability, and security, Cardano has been gaining momentum, and the time...
ADAUSDT We suggest considering the option with growth. If ADA manages to break through the green resistance line and consolidate higher, then the growth option will become a higher priority. When breaking through the resistance line, you should pay attention to the following targets: 0.3749 – 0.4479 – 0.4978 – 0.5601. The growth scenario will not be relevant if...