Cardano Flashes Buy Signal - Plot Twist Incoming?
Amid a pessimistic sentiment across the majority of the cryptocurrency market, a breath of fresh air has appeared in the form of Cardano (ADA) triggering a TD Sequential buy signal on the 3-day chart, sparking speculation that the asset may be nearing a trend reversal.
- TD Sequential prints a major buy signal on Cardano.
- Signal historically marks exhaustion and trend reversals.
- ADA trading near oversold zone after prolonged decline.
- Confirmation needed – reclaiming key levels remains critical.
A Rare Buy Signal Appears for ADA
Specifically, Cardano’s TD Sequential indicator has flashed a bullish 9-count setup on the 3-day chart, signaling that selling momentum has peaked and a bounce or full trend shift could follow, according to the analysis shared by popular crypto expert Ali Martinez on November 5.
Notably, ADA has spent weeks grinding lower, with sentiment crushed across many altcoins as Bitcoin (BTC) consolidates and liquidity thins. Historically, ADA has seen strong rebounds after TD buy setups, making this signal one that traders don’t typically ignore.
However, despite technical indicators pointing to exhaustion, the sentiment remains fragile as macro conditions and crypto-wide volatility still loom large.
What ADA Needs Next
Indeed, a signal alone doesn’t make a reversal, but a follow-through does. For ADA, reclaiming short-term support levels and building momentum back above the mid-$0.60 range will be key. Without confirmation, TD setups can fail, especially in choppy market phases.
Still, risk-reward has begun to shift as Cardano is hovering near structurally important price zones where long-term holders have historically accumulated. With speculative leverage flushed out, the environment may favor patient buyers over late sellers.
Currently, ADA is changing hands at the price of $0.5304, recording a decline of 1.69% in the last 24 hours, a 17.24% drop across the previous seven days, and an accumulated loss of 37.77% on its monthly chart, according to the most recent data.

For now, traders have a clear view. If ADA reacts like previous cycles, this could mark the beginning of a recovery phase, but bulls would need to step up quickly.
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