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Cardano

💡Don't miss the great buy opportunity in ADAUSD @Cardano Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.6461). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 64 Take Profits: TP1= @ 1.8731 TP2= @ 2.0190 TP3= @ 2.1452 TP4= @ 2.2635 TP5= @ 2.4377 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 ❤️
Long
by ForecastCity_ME
8
Cardano Millionaire Club Grows as With Significant Rise in ADA According to data from crypto intelligence platform CoinMetrics, wallets holding ADA with a value of at least $1 million increased by 1,231 percent from 504 to 6,710 between January 1 and May 17, 2021. The millionaire investors have emerged at a time when ADA is still capturing the attention of the crypto world, has reached an all-time high of $2.4 on May 16th. The price of ADA has increased by more than 1,000% year-to-date. At the same time, global interest in Cardano news peaked recently on Google Trends. Furthermore, between January 1 and April 28, 2021, the number of ADA active addresses increased by 417.81%, while the number of transactions increased by 382.84%. Cardano is benefiting from good news from Input Out Hong Kong, or IOHK, in addition to having one of the most devoted cryptocurrency groups in the industry. The Alonzo update is being progressively introduced to the mainnet in May and June, according to the smart contract platform’s growth arm. Source : Coinpedia
by Cryptoinsights_foru
How to Draw Fibonacci Channels Fibonacci Channels are used to determine fibonacci support and resistance levels within an identified trend. These channels can easily be drawn in both uptrends or downtrends to find potential areas where price action could change. Uptrend When drawing a Fibonacci Channel on an uptrend, a clearly identified trend needs to be established with higher lows being created. To draw the channel, first select the two low points on the trend, and then the high point in-between them. After the channel is drawn, the Fibonacci levels calculated can be used to help speculate price action by watching these areas as support or resistance. Downtrend When drawing a Fibonacci Channel on a downtrend, a clearly identified trend needs to be established with lower highs being created. To draw the channel, first select the two high points determined by the trend, and then the low point in-between them as shown below. Do you use Fib Channels? If so, share your ideas in the comments below!
Education
by TradingView
27
💡Don't miss the great buy opportunity in ADAUSD". There is a possibility of temporary retracement to suggested support line (1.5369). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 75. Take Profits: TP1= @ 1.6900 TP2= @ 1.7900 TP3= @ 1.9900 TP4= @ 2.1600 TP5= @ 2.3900 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 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 ❤️
Long
by ForecastCity_ME
6
ADA Accumulation Zones (potential 2x pump incoming)ADA has been holding back from a long time. I think this is because we are currently in an accumulation zone and this graph might possibly indicate be that zone. The first accumulation zone of ADA that lasted from 23rd Dec to 6th Feb, a total of 45 days. In both the zones, after we broke out of the first zone, we made a 3x gains. And the first accumulation zone lasted for 45 days, and this 2nd zone might last for 60 days from 15th Feb to 15th April. Now, to be fair I am not expecting a 3x gains this time, but I am expecting another 2x gains to maybe 2.5usd price target for ADA within the next couple of weeks.
A
by tanmayjoe
1
💡Don't miss the great buy opportunity in ADAUSDT @CardanoTrading suggestion: There is a possibility of temporary retracement to the suggested support line (1.0620). . 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Take Profits: TP1= @ 1.2485 TP2= @ 1.3400 TP3= @ 1.4600 TP4= @ 1.6770 TP5= @ 1.8350 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 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 ❤️
Long
by ForecastCity_ME
9