Yello, Paradisers! Are #ADA bulls about to reclaim their dominance? Let’s break it all down because #Cardano is approaching a critical moment you cannot afford to miss!
💎Cardano has been consolidating after a massive rally, but here’s the kicker—it’s now forming an ascending triangle. If this bullish formation plays out, ADA could finally break out of its range and reignite its upward momentum.
💎ADA faces a pivotal challenge at the $1.15–$1.20 resistance region. This area has been a brick wall for ADA’s upside potential since December 9th. This zone isn’t just horizontal resistance—it’s also reinforced by the 0.618 Fibonacci retracement level, making it a major decision point for the bulls.
💎For ADA to reignite its hyper-bullish phase, the bulls must decisively break and hold above the $1.15–$1.20 region, which remains a significant roadblock. If they succeed in flipping this zone into support, the price is likely to target the 52-week high at $1.327 as the first major milestone. Beyond this, the upside target extends further, stretching toward the $1.38 level.
💎On the downside, there’s solid ascending support between $0.93–$0.918, which the bulls have been defending consistently for weeks. As long as this level holds, the bullish structure remains intact. However, if this support breaks, the horizontal support at $0.865–$0.85 comes into play as the next line of defense.
Trade smart, Paradisers! Stay focused, and don’t chase the market.
MyCryptoParadise
iFeel the success🌴
💎Cardano has been consolidating after a massive rally, but here’s the kicker—it’s now forming an ascending triangle. If this bullish formation plays out, ADA could finally break out of its range and reignite its upward momentum.
💎ADA faces a pivotal challenge at the $1.15–$1.20 resistance region. This area has been a brick wall for ADA’s upside potential since December 9th. This zone isn’t just horizontal resistance—it’s also reinforced by the 0.618 Fibonacci retracement level, making it a major decision point for the bulls.
💎For ADA to reignite its hyper-bullish phase, the bulls must decisively break and hold above the $1.15–$1.20 region, which remains a significant roadblock. If they succeed in flipping this zone into support, the price is likely to target the 52-week high at $1.327 as the first major milestone. Beyond this, the upside target extends further, stretching toward the $1.38 level.
💎On the downside, there’s solid ascending support between $0.93–$0.918, which the bulls have been defending consistently for weeks. As long as this level holds, the bullish structure remains intact. However, if this support breaks, the horizontal support at $0.865–$0.85 comes into play as the next line of defense.
Trade smart, Paradisers! Stay focused, and don’t chase the market.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。