0.3 Intact is a must for bulls (#Ada analysis)

After the break above the falling wedge at the beginning of the year and the spike above 0.4 resistance in April, AdaUsd fell under 0.3 support and May and made a new local low.
However, XRP news brought optimism also for Cardano and the coin rose strongly and unconquered 0.3, resistance at that moment.
After the spike in the middle of the range, the coin has started to correct and is trading, at the time of writing, at 0.32.
0.3 is a very important figure now and is acting as support at this moment.
Considering that, after the recent low, AdaUsdt formed an ascending triangle pattern on our chart and the recent break above the resistance of the triangle, things are technically bullish.
A test of 0.3 could offer a nice entry for bulls with a 1:2 risk: reward if we consider a test of the upper boundary of the range and a stop loss at 0.25.
However, a daily close under 0.3 would make the recent up break a false one and could lead to a drop, even to a new low.

Mana- Bullish and bearish scenarios explained

After the high back in February, Mana has re-entered its downtrend.
However, this recent drop stopped again in the 0.3 zone and the coin shily started to rise again.
The touch of 0.44 zone resistance led to a drop and at this moment we have two possible scenarios, both for bulls and for bears.

Bullish scenario:

As I said, the drop from 0.85 stopped again at the 0.3 zone and this could mark a bottom.
Also, in support of this bullish scenario, we have the ascending triangle pattern in which the coin is trading since June.
For this scenario to come into play, we need a break above 0.44 resistance.
In such an instance, the coin could rise to 0.6 zone, and considering a stop loss slightly under 0.4 we found also achieve a 1:3 R:R

Bearish scenario:

Even though we have a reversal from the 0.3 low twice, the trend is still bearish for the coin, and the two days ago reversal from horizontal resistance reinforces the bearish idea.
For confirmation of down continuation, bears need to push the price under 0.4 and in this case, ManaUsdt could make a new low under 0.3 to around 0.25

Bitcoin- Bulls or bears, who will win?

The beginning of the year also marked the start of a Bitcoin bull run with the main cryptocurrency almost doubling its value by mid-April.
The high of the year was followed by a two months correction (contained in a falling wedge) and a new leg up to this high zone followed.
In the last month or so, Bitcoin’s price action is boring for swing traders, with the price ranging between 30k and 31.5.
On the bright side, the structure from the low is still very bullish with the price contained in an ascending channel and the clear continuation rectangle pattern in place, but for the price to gain traction a break above 31.5 is needed.
In this case, a rise to 35k becomes very probable.
On the other hand, a drop under 30k, although not altering the bullish overall structure could lead to more losses and in this case, 28k confluence support is exposed.

As a swing trader, my approach is wait and see