Cardano (ADA) is approaching a critical support level around $0.51, which could decide the next major direction.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online15 Sept 2025, 18:31 UTC
AI-generated source summary
The analysis focuses on ADAUSD on the 1-hour timeframe, outlining two scenarios. The primary scenario, labeled as the 'white scenario,' is under scrutiny as the price tests a key support area. This support zone ranges between 81.6 cents and 86.4 cents, acting as a crucial level for bullish momentum. The analysis indicates that if bulls fail to manifest in this zone, it could invalidate the 'white scenario'. The technical basis includes tracking from a 'B wave low' in August, considering it a corrective pullback. After this low, a corrective three-wave rally ensued, marking a 'wave one'. There's an expectation that a 'third wave' emerges, labeled as A, B, C. The analyst notes a 'B wave' possibly underway, with a support area between 0.816 and 0.864. A formal invalidation point for the 'white scenario' is a red line around 78.5 cents. The video also establishes an early resistance area at 0.932.
AI-generated summary based on the source content.
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Signals in this source
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