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MICROSTRATEGY BUYS ANOTHER 55,500 #
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$MASK completed 4 Targets and booked 200% profit 🍸 #CryptoSatRed
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$MASK achieved Target 2 👍 Stick to the plan ⚠️ #CryptoSatRed
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#Ethereum gas fees drop to just $0.09 ! Thanks to the Dencun upgrade and Proto-Danksharding, $ETH transactions are now dirt cheap. Swaps, NFT mints, and DeFi moves just got 10x more efficient. Layer 2's thriving. On-chain is back.
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$ADA – Falling Wedge Formed on the 1Hr Chart ! Cardano is coiling within a classic falling wedge – a historically bullish reversal pattern. Here’s the setup: Price is compressing between $0.82 (resistance) and $0.74 (support) Wedge is nearing its apex, signaling a potential breakout move soon Volume has been declining, which aligns perfectly with wedge behavior before a move What to watch: Break above $0.76–$0.77 could spark a bullish push Upside targets: $0.80, $0.84, and possibly $0.88+ Invalidation: A breakdown below $0.735 weakens the setup Keep #ADA on your radar – this pattern often leads to explosive breakouts once bulls take control.
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$ADA – Detailed Elliott Wave Breakdown (1hr Chart) Cardano is currently tracing a classic Elliott Wave structure, and the market seems to be respecting it beautifully. How Wave Structure working 👀 A clean 5-wave impulse has completed: Wave (1) to (5) shows a strong uptrend from ~$0.62 to ~$0.86. After the peak, ADA entered a corrective phase, forming an A-B-C zigzag correction. Current Setup: Wave (a) and (b) are complete. Wave (c) is now unfolding, targeting: 1.151 Fib extension at $0.7352 – near-term support. 1.618 Fib extension at $0.6919 – deeper support, historically a strong reversal zone in corrections. Price Action Now: Trading around $0.744, ADA is right near the 1.151 Fib support. Volume is declining, suggesting potential exhaustion of selling pressure soon. What to Watch For: Bullish Reversal Signals: Hammer candle, bullish divergence, or spike in volume around $0.735–0.69 could signal wave C completion. Invalidation: A break below $0.68 would invalidate this wave count and suggest a deeper correction. Upside Breakout: If $0.765+ is reclaimed quickly, we might be looking at a new impulse wave beginning. Strategy: DCA entries near $0.735 and $0.69 are logical for swing traders. Stop-loss below $0.68 to manage risk. Targets: Recovery toward $0.78–0.82 short-term once correction ends.
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