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Adatrend

ADA to start growing faster than BTCCRYPTOCAP:ADA & BITSTAMP:BTCUSD The recent performance of ADA (Cardano) suggests it is a promising buy for investors. After a strong recovery from a support level of $0.23 on October 19, ADA experienced a significant rally, soaring by 65% to reach $0.40 by November 11. Although it's trading slightly below this peak, ADA is maintaining an upward trajectory, indicating potential for further growth. The currency seems poised to reach or even surpass its upper range near $0.42, which could represent a gain of around 16% from its current value. This pattern of recovery and growth makes ADA an attractive option for those looking to invest in the cryptocurrency market. COINBASE:BTCUSD
Long
by TotoParasca
Ada | Cardano Heatmap based on Price, Support and resistanceFirst of all, you can find the areas used in the analysis chart by looking at the chart below. My thought for the current situation is that it enters the green area and tries to create a support area for itself there. (3 Candle rule) . The green circle can be considered as the necessary safe zone for the trend. The green ring below the green circle is the last support zone for the Trend. A breakout of this zone may suggest that the trend is over. Gann Boxes and Big green circles are designed in a way that I think will work as a trend timeframe. As long as these circles placed in the Fibonacci channel are in harmony with the Fibonacci levels, there is no problem. If prices fail to enter that green circle and the yellow and green waves break respectively, the orange fibonacci ring will act as support. If the trend continues up as we predicted, this time these yellow and green rings will work as resistance. Crossing the rectangular yellow area, i.e. going beyond the radius of the green circle, will confirm the trend even if prices haven't risen much. Note: This is not investment advice.
Long
by CryptoBrainn
ADA/USDT - Local update DownTrend ? CardanoADA / USDT Local update An example of dynamic support already working (dotted line), it is also the border of the expanding wedge, it is also the trend line. As you can see from the chart, ADA, at the moment, lost 27% of its value at the time of the publication of the forecast. From the seller's block to dynamic support, where the buyer appeared. This wedge will break down. The guideline for the beginning of the setup is just the wedge trend line. Targets are buyer's blocks. The arrows marked the potential price movement. Seller (red) / buyer (green) blocks denoted "This is just my opinion, trade with your trading system Have a nice day and come back again." Go to my free channel and chat with other traders. Link in the description Write your opinion, whether there is a place to buy here, and open a long position
Short
by CryptoJaegerB
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