Cardano (ADA): Possible Failed Re-Test To Happen / Sell Momentum

٢٦ أغسطس ٢٠٢٤

Cardano had another rejection from EMAs, where the price is now re-testing the local broken zone (currently the support zone).

We are looking for a break in that zone, which would mean a failed re-test and a possible movement back to lower zones of liquidity here!

Swallow Team

٢٧ أغسطس ٢٠٢٤

ملاحظة

Cardano has made a nice 5% movement since yesterday testing again that broken zone.

Now we are looking for a break of that zone to happen and a possible downward movement to lower zones from there!

٢٨ أغسطس ٢٠٢٤

ملاحظة

Cardano has broken nicely that zone of support, resulting in a nice 9% of movement so far.

Price is back in the control of sellers so now we are looking for further movement to lower zones!

٢٠ سبتمبر ٢٠٢٤

ملاحظة

Cardano also made a good rejection from 100EMA, where price fell back below our resistance zone and a movement to our liquidity zone has been filled nicely with 18% of market price movement!