#ADA 3 type of scenario 1 hr TF with trade prespectiveBullish Scenario
See if breakout comes then wait for a retest and enter, that's the safer side
or
you can enter when the breakout happens and the next candle closes in green in 1 hr TF then enter
Bearish scenario
Red & Yellow
See if rejection comes then short till $1.005 - $0.978
Because at that time I was not there to guide you that's why I am providing you trade perspective.
I am not a financial advisor.
RISK & REWARD BOTH ARE YOURS
Until you join premium grp 😉
ADAUSDT
Trading Signal For CardanoTrading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.759
⭕️SL @ 0.70
🔵TP1 @ 0.92
🔵TP2 @ 1.08
🔵TP3 @ 1.36
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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ADAUSDT | The best scenario for climbing🏹Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we had, waves 1, 2 and 3 have been completed and now the trend is inside wave 4.
Wave 4 is zigzagged, and from this zigzag , waves a and b are completed, and wave c is probably incomplete.
The count we had for wave c in the lower time was not normal at all, but it is shorter than wave a in terms of time, so we think wave c will continue and decline until the price of 1.00, and then start climbing for wave 5.
But if the bottom of the canal is broken upwards, it must be prepared for upward movements.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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ADA forming a triangle pattern.The market is currently in a bull run, ADA is forming a triangle pattern go long after it breaks the upper level and retests it. The confluence of 200 EMA and the upper trendline adds more confirmation . If it breaks the lower level ignore it, it may be taking a retest from the lower levels. We should go with the trend .
ADA (Cardano) Long opportunityCOINBASE:ADAUSD
Hello All!
Cardano has been traveling in a channel as can be seen in the chart. After about 2 months of falling, it's now again at its lower trendline which generates a good opportunity to go long!
Its also trading above its 50 daily EMA and has broken trendline 1 which was depicting its fall. These indications further support the idea of going long.
Also, the Reward to Risk ratio is favorable!
Do let me know your thoughts on this!
HAPPY TRADING!