ADA holding its weekly critical support, good for longADA is holding a very critical support of 0.42$ in a weekly candle while it's stochastic RSI is under over selling zone and RSI is also coming to 40 which is good sign for long traders but if ADA lose this support then we will see a free fall in ADA price.
My thoughts is ADA will bounce from it if Bitcoin hold 65k zone for a week or more so.
Adausdtlong
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.469).
. 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 56.
Take Profits:
TP1= @ 0.487
TP2= @ 0.504
TP3= @ 0.522
TP4= @ 0.545
TP5= @ 0.583
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5044).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 72.
Take Profits:
TP1= @ 0.5558
TP2= @ 0.6018
TP3= @ 0.6964
TP4= @ 0.7594
TP5= @ 0.8989
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.110).
. 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 51.
Take Profits:
TP1= @ 1.149
TP2= @ 1.191
TP3= @ 1.246
TP4= @ 1.293
TP5= @ 1.384
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.308).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD 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 71.
Take Profits:
TP1= @ 1.405
TP2= @ 1.489
TP3= @ 1.587
TP4= @ 1.747
TP5= @ 1.904
SL= Break below S2
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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 .
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.
💡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 ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.4172).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 2.5821
TP2= @ 2.7963
TP3= @ 2.9580
TP4= @ 3.1003
TP5= @ 3.2553
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!
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Trade well, ❤️
ForecastCity English Support Team ❤️