CARDANO about to form its first ever 1W Golden Cross!Cardano (ADAUSD) is far from dead as not only has it staged a rebound on its 1W MA50 (blue trend-line) but is also close to forming its first ever Golden Cross on the 1W time-frame. Technically this is a similar set-up to November 2020 right after ADA held its 1W MA50, made a Higher Low on its 1W RS
The current situation with ADA📌 Logged Position: ADA May 30 Futures
Field Value
Trade ID ADA-001
Asset ADA May 30 Futures
Entry Price ~$0.78 (from your info)
Current Price ~$0.80+ (spot ref)
Stop Loss $0.769 (below short-term support)
Target 1 $0.824
Target 2 $0.849
Leverage
Position Size
Direction Long
Status Open
Notes Spo
ADA to 1.618 extension at $5 USD......Took a position at the lows, 2 nice weekly hammer candles.... RSI and MACD showing some exhaustion of selling since Dec, let's see if we get a move up to the golden pocket. The previous ATH could be considered resistance however that was made more than 2 years ago so most bagholders will have sold b
Will ADA reach $1 ??In this idea I marked the important levels for this week and considered a few scenarios of price performance
A local resistance zone was formed on the chart, in case of its breakout we can see the reaching of targets 2 and 3. But while the price is in the correction phase and it is important to see
ADAUSD Rejection at Supply! Pullback in Play? [Key Levels MappedCardano (ADA) is showing signs of short-term exhaustion after a strong rally, currently trading around $0.7796. Price has tapped into a clearly defined supply zone ($0.7957), and multiple rejections hint at bearish pressure building.
Key Levels:
Supply Zone: $0.7900 – $0.7960 (strong resistance zo
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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