Cardano fluctuates future prospectsHey Trader!
In this analysis I will show why Cardano has the potential to make another bullish trend and finish with a target of 1.263 . By picking up support at strong support level 0.748 , Cardano can rely on a bullish trend and other levels.
In contrast, the all-coin has a hefty predicament, on the occasion of sanctions. If Cardano breaks the bottom support level, Cardano as well as other Coins risk encountering hefty deep falls.
Happy trading trader!
Cardanousd
CardanoPrice is moving as expected, but I'm waiting for that's bullish pullback. That is, wave 2 correction. This is yet to be invalidated though. Seriously waiting to see double, triple button, inverse H&S,
ADA volatility great for day trades - I try to get these little bounces 10 to 20 cents per. you can play 1k and make 1 to 2 hundred per bounce. It's time and time is money. So i do this when i am charting and now i am trying to find the best way to explain it, in hopes of learning more myself. Here i marked with vertical green lines buy points, I watch the TDi-Trader 248, here it's green crossing up on red buy, crossing down on red sell. (With collected picture of information)
My chart provides me a guide to areas of possible path change.
As long as it is bouncing below resistance 0 i look for this low play, above O i look for long play.
ADA Wyckoff Re-Distribution Trading RangeThe ADA price has been in a downsloping Wyckoff re-distribution trading range from Sept 2, 2021 to the present. The upper and lower boundaries of this trading range are given by the horizontal black lines.
Wyckoff abbreviations: automatic reaction (ARe), buying climax (BC), failed upthrust (FUT), phase A (Ph A), phase B (Ph B), phase C (Ph C), secondary test (ST), shakeout (SO), sign of weakness (SOS), upthrust (UT).
ADA USD - 1 hour chart analysis - Crucial resistance LineVery critical support. This Bright red line has acted as a guide for the life of this chart. It has a little give but if trend broken, i would look for that low buy for at least one more bounce. Personally I'd step it down at .85 watch for bounce, .78 watch, .70 watch, .62 . Id buy just a little back of what i sold, maybe 25% and then add the rest on the rise with. These charts do make me see a correlation drop that could take bitcoin to that desperate point of low 20k and shake it out. i would really enjoy that dream opportunity across the board. It would not be a bad thing for coins like ADA to become more standardized to say a "single" value. like 1 dollar. An in blockchain tether easy to calculate. But i don't think we are there yet. not until the market is saturated and manipulation becomes more difficult.
Cardano 1.300 target-rangeHi Trader!
I have a super insight into Cardano, which is surprisingly volatile at the moment. My analysis illustrates hefty support levels, which can be of great help if the curve breaks in a shoulder-head-shoulder formation. Through this, Cardano must break an above resistance level, after which the price target is 1.3 ill. in the drawing. I think Cardano will continue in a sideways wave for a while, after which a positive break may occur, depending on what the all-coin market looks like.
ADAUSDT RELONG FASTADAUSDT is situated into a huge falling wedge . In 16 january 2022 the price broked the resistance line but can't retested it to turn support , goes down again on the wedge but the setup at the moment it s more bullish Because:
You have all the way bullish divergences on ADA/USDT Daily,2Days,3 Days up to 6 Days timeframe . Which is really really huge
Lot of new upcoming events and news come for ADA
DJI at the moment it s dropping so it s a good way to choose ADA , Dji also need to bounce back for an upward correction
BTCUSDT is situated like ada into a falling wedge which means BTC will go up when will pass the resistance line of wedge .DJI bounce back=will trigger BITCOIN UP, and BITCOIN will trigger up ETH and altcoin market.
Cardano ADA 3.28 is valid.They are messing with our minds.
www.coingecko.com
The total transaction volume is 90 million dollars.
It's no joke, a stock market candidate with a total volume of all cryptocurrencies of $ 90 million and refuses to list trx.
We don't need to tell you which coins will increase.
www.forbes.com
www.coindesk.com
markets.businessinsider.com
How many times have we experienced similar things in the past? Let me tell you something by accident. they all broke records.
Don't be afraid to read. Don't be afraid to argue.
Make an emergency exit from the etoro exchange. I think it's a scam. ETORO= THODEX
Not investment Advice.
Cardano 1.638 target-rangeMy analysis reflects a positive fluctuation (target 1,638).
The analysis consists of these 4 different levels.
A support level (fluctuation level) of 0.951 and a stronger support level of 0.8.
A resistance level of 1.34 and a target of 1,638.
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.
ADAUSDT Long || Cardano Cypher Harmonic PatternAfter I publish ADABTC trade (still valid) for long with same pattern I saw ADAUSDT making same pattern here (already is formed but I publish this from low to ATH).
Cardano already reach possible support but I think we can see more down. Keep eyes on confluence 0.786 fib with Cypher harmonic pattern and possible tap to bottom of large wedge.
Bearish Engulfing on the 4H Chart. #ADAHeads up! ADA just test 1.114 and plummeted from that green candle on the 4H. Preceded by a massively bearish engulfing red candle, my best educated guess is that we will be seeing quite a dip here for the next few hours. We will see and please post your opinions in the comment section!
I hope everyone is enjoying their weekends and once again Happy Trading!
-Eric-
Why ADA Looks Bullish?ADAUSDT (Day Chart) technical analysis Update
ADAUSDT currently trading at $1.11
ADA is already dropped 70%+ from the top
In the chart you can see price reversing from the major support zone, ADA is already up 18% from today's bottom, I’m expecting ADA can go up from the current support zone.
if the price breaks $0.90 support then we can expect one more drop in ADA.
Recommend to buy it on the spot market.
buy level :$1.00 - $1.10
Stop loss:$0.82
Target 1: $1.50, Target 2: $2.30, Target 3: $3.00
Bullish Divergence RSI! #ADAHey there! Noticing the Bullish Divergence RSI on the 15m Chart! #ADA. Let's hear what everyone thinks! Bitcoin seems to be leading an assortment of alternative coins so I'm still learning how much weight to put on Chart Analysis. It seems to apply well, however, what happens if, let's say MicroVision would dump? I presume there is not much of a leading indication of that happening, but following, the indicative analysis would adjust quite rapidly. It seems to still be quite a lottery call in my opinion. I've noticed, the shorter the time frame, the less percentage gain on trades, but the more instantly rapid and accurate are the indicators, so you can score more often (fee's are hard to deal with though, even 1.002% raises my average about a penny on these lower priced crypto and thats almost a whole run on the minute, less of a run on the 5). What time frames do you all use?! I am trying them all out and learning my best which fits my trading style!
Thanks and Happy Trading!
-Eric-