Cardano (ADAUSDT) Intraday possibilities.ADAUSDT is currently consolidating in a triangle pattern, it could go up or down so we have to trade by looking the price moment if it breaks upside or downside we have to wait for the retest and take the trade in the direction of the price. But if you look at 1.995 there is a good demand zone the price could bounce back from there and give you target upto the EMA 200, making a good 1:2 intraday trade.
Adausdtbuy
💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.947).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 3.150
TP2= @ 3.400
TP3= @ 3.568
TP4= @ 4.000
TP5= @ 4.248
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️