$ADA
⸻
📅 1. Evolution last 5 days
• Current quote ≈ $0.5545, intraday low $0.5519 / high $0.5797
• Retracement of ~–6 % after rising to $0.59 seven days ago
• Formation of descending channel/triangle: highs and lows are lower and convergent
⸻
🛠️ 2. Technical analysis
• MAs: MA5 bullish, but MA20/50/100/200 on “sell” → higher trend still bearish .
• Oscillators: RSI ~39 (neutral-bearish), Stochastic ~19 (oversold), negative MACD → predominant selling pressure .
• Chart pattern: descending channel/triangle → possible decisive breakout soon.
⸻
🌍 3. Fundamental analysis
• Whales: sold ~230M ADA (June 20), then bought the bounce (June 25)   .
• Volume: weekly drop, although speculative interest arises at low levels .
• Ecosystem: updates like “Leios upgrade” on the way, Bitcoin adoption via Liqwid, good governance development .
⸻
🗞️ 4. Upcoming news
• Leios upgrade (next week): could bring positive volatility .
• Whale activity: key monitoring of what these big players do post-bounce.
• Macro & general crypto: BTC data and market climate will indirectly influence ADA.
⸻
🎯 5. Entry recommendations
Scenario Entry SL Target
A) Bullish breakout daily close >$0.56 (+volume) $0.545 $0.58 → $0.62
B) Breakdown daily close <$0.54 $0.555 $0.50 → $0.46
C) Internal range buy at $0.545–0.55, sell at $0.56–0.57 adjusted SL range current
• Management: ≤1 % of capital per trade, R:R ≥ 1:2.
⸻
🔮 6. Prediction
• Base: consolidation in triangle ($0.54–0.56) for 3–5 days.
• Bullish: breakout → rally to $0.58–0.62.
• Bearish: drop → test support at $0.50 and possible extension to $0.46.
⸻
#Cardano #ADAanalysis #CryptoTrading