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#ADAAnalysis
Cardano is currently undergoing a correction and a pullback to the previously broken resistance in the weekly timeframe. It is likely to retrace toward the 20-week moving average before initiating its second upward leg.
#ADAUSDT
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$DOT If you look at the DOT chart in 2021, it showed a strong growth of 15x, then formed a double top, turned around and rolled down -90% from the highs, and has been in accumulation for 3 years, the price does not show strong movements. If you look at the #TIA chart, I see a similar picture, growth by 10x, after the formation of the reversal pattern GIP (Head and Shoulders) and a rollback of 80% from the highs. Now it is in a sideways trend, I think the picture will be the same as on DOT, we will not see strong movements, everything will be within the sideways trend, and perhaps even lower to $ 2.5 will go to test the zone from which all this movement began, as on DOT. And this will be almost -90% from the highs.#Dotusdt
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$XRP It seems possible at this stage that a triangle pattern will come in to play. I have no idea if it will, but if it does I see it presenting a good opportunity to go long on a tap of the lower trendline as long as there is an equivalent symmetrical tap on the upper trendline as shown. If the market does reach the upper trendline first (as shown), it could present an opportunity to go short but I’d consider this a high risk trade. I see that more as a place in this scenario to take partial profits if already long rather than shorting. Again, the pattern shown is not a forecast and each leg of the path shown should not necessarily be traded as especially the first couple of paths are unlikely to play out as expected. It is only the final move which becomes a good opportunity as that confirms the triangle pattern. Right now I do not know if one is forming, that is just a hunch. #XRPUSDT🚨
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$GMT The price is within an ascending wedge and this can be a bullish signal for GMT. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!#GMTUSDT
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$BTC BTC Bullish Perspective: If Bitcoin breaks above the key resistance at $98,085, it may continue its upward movement. A clean breakout and retest of this level could provide a good entry point for long positions, targeting the $103,421 and $108,213 resistance levels. Monitor the RSI for signs of bullish momentum, as a move above 50 could confirm strength. Bearish Perspective: If Bitcoin fails to hold the $93,724 support and breaks below $92,628, it could signal further downside. Short positions may be considered with targets near $88,000 and potentially $81,307. Watch for increased selling volume and RSI dipping below 40 for confirmation of bearish momentum. #BTCUSDT
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$QNT has broken out of a descending triangle, signaling a potential bullish move. If the breakout holds, the price could target a 64% upside, as projected by the measured move. Watch for a retest of the breakout level and triangle support for confirmation.#QNTUSDT
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