$ADA & Analysis
Cardano , the magic coin🪄 has set the tone for the market .
In each n every aspects , the coin $ADA is Bullish too much . The most personal favourite coin for me .
Why you should invest in $ADA ?
1. One of the most stable coin in the Crypto market .
2. We can expect a good ROI from Cardano
3. Ranking 7 from its market valuations .
4. Favourite coin of big whales after Bitcoin , Ethereum and Solana .
Trend : Cardano is now in very Bullish momentum . Strengthening its daily chart too much .
Candle stick pattern : Too much Bullish . On daily graph , a strong Bullish engulfing and strong three white soldiers patterns are made . Actually , an explosive coin 🪙 🧨
Elliot Wave 🌊: Elliot Wave analysis (pentagon ) is indicating too much Bullish momentum right now . You can see the coin is making higher high and higher lows . Actually a clear indication of gradually bull market and a prediction of next break out .
Resistance : The coin is trading above its current Resistance which is at $1.10574. In my opinion , the coin will come below this resistance making a higher low , and then a bounce back making a higher high breaking that resistance . Next resistance will be $1.1327.
Support : As the time is passing , all resistance levels are becoming the support levels of this coin . A very good sign for bull run . Current support level at $0.9821.
Entry : As the coin is moving very aggressively , the best entry price of this coin will be that current price while you're reading this post . If you also see that this coin is trading below its resistance , thats near about $1.07 levels , you can take a confident entry at that point .
Adv : Make an entry without thinking too much . This coin will be one of the best investment for you . Coz the coin will not go down too much , and one of the most stable coin in the market .