Cardano
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5296).
. 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 65.
Take Profits:
TP1= @ 1.7547
TP2= @ 1.9258
TP3= @ 2.0698
TP4= @ 2.1891
TP5= @ 2.3265
SL= Break below S2
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cardano my hit RS 500 - 600 TILL 2022CARDANO PREDICTATION 2022 BINANCE:ADAUSDT
Cardano may hit the 500 mark very soon... As we can see the downtrend of cardano in the month of November, making the secont tringle it is mot likely to hit the mark of 500 till the end or start of 2022, a third tringle may rise in december hitting the top price till date.....
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 ada structure buildupAfter the break up and good up move of 7-10 percent
it has started consolidating again between 2.233 to 2.375
look for long don't short as it is creating structures and they might act as support and make the short trade choppy
if incase 2.375 range is broken out and sustained nicely then next zone of trading will be 2.400 to 2.600-2.650
just another trade setup after triangle breakout
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!
ada- cardano breaking out ada has been consolidating since 3 days within and triangle pattern,
the colored lines are pitchfork tool lines used on daily time frame to monitor the range or trading and identifying tradeable zones
the dotted whites are used for marking small trendlines and patterns so that we trade based on breakout and retest of market structure and patterns
waiting for the price to retest the resistance of triangle pattern as a entry sign
could go upto 2.300 but estimated target as per my risk to reward will be 2.200
comment and let me know what your analysis indicates about ada
Cardano price coils up as ADA edges close to 18% breakout1/ Cardano price is coiling up in a symmetrical triangle pattern, suggesting a breakout could occur soon.
2/ Since this technical formation has no inherent bias, ADA could head 18% in either direction.
3/ On-chain metrics reveal a breakout would favor the bears.
ADA target update. Really in critical zone!ADA has been in a bearish trend even after the whole crypto market is bullish. this bulls have still made the prices to take support in the major demand zone (the dark box). It might form a new low here or go till the 1 to 1.5 USDT range to make a new low. Currently, it is consolidating in the golden zone of the Fibonacci Retracement. It has already broken the 0.75 level of the Fibonacci Fan (signal of a major downtrend).
This is a short term trade for $ADA, it might not work out well due to the massive bear trend. Only a major news or entry of a whale might pump Cardano up.
ADA {CARDANO} IS READY FOR PUMPFOR a long time we did not see any pump and good buying in ADA and most likely it is going to pump between 05 nov 2021 - 15 nov 2021 ada will be super bullish and it can take a rally till $3 for sure.
ADA just broke a symmetrical triangle and now looking a pump even event ahead so it will a rocket.
DON'T MISS ADA..
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.