A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle's formation must be bullish. Breakout CMP - 2.3 USDT (Entry point) SL - 1.9 USD TP1 - 3 USD TP1 - 3.5 USD P.S. - This is not financial advice, Trade at your own risk.
If you are looking for a trade in $ADA I have tried to make entry exit strategy for CARDANO LONG. But given the market scenario. I would suggest you to your back testing as well. As it's not a financial. It's just my reading of the chart. #DYOR
Cardano price is trading inside an ascending parallel channel, indicating the possibility of a bullish breakout.
Cardano has completed it's swing high at all time has and has taken a correction at 0.382 fibo levels. Also price is currently at monthly cpr with railway track pattern intact. So it is the best time to go long. Also there a good risk to reward of 1:3. So mid term positional traders can go long on ADA. Target 1 is the all time high of 3$ that is the B point of...
Trading 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...
Well maybe everyone is bullish right now on ADA, but I see a correction in this. That is because it isn't downfall much during crash, but for long term, it is a great bet. Short term will be bearish.
ada looks better are coming above our levels, stop entry above 2.634 and sl of 2.523 and target of 2.800. this trade will be active only ada breaks above 2.634
Cardano had a crazy run until last week. But it is in a consolidation after a bull run. Now, if the supply zone is broken, the price may rise to 3.38 USD. Here, after breaking the all-time high level of 2.4705, the price came back to test it and survived. It must now act as good support. If the supply zone breaks, the target would be XABCD bearish crab...
Go LONG when it BREAKS the TOP LINE of the GREEN CHANNEL Or else, WAIT until it finds some SUPPORT at LOWER LEVELS ( 2.3 - 2.6 Range)
Hello Traders👋 Today i have made a post on ADA/USDT 1 hour timeframe I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted...
This is an analysis of Ethereum in which I’ve used trend based Fibonacci extension to find the potential pivot points. Look how many times Ethereum got rejected at the 0.382 fib followed by a break above and a flip of that fib resistance to support. It easily moves to the next target of 3800 $ and found resistance there at 0.5 fib. It’s very useful as a trader and...
Hello Traders👋 Today i have made a post on ADA/USDT daily time frame I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted...
Pattern is repeating on hourly timeframe. Whattttt pattern. 🧐 #cardano #ada
A breakout from the symmetrical triangle for solana as anticipated for a nice 12% long.
For 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it. The sentiment is bullish, so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl...
ADA It has been showing a lot of strength in recent days against the volatile BTC market. ADA lies within a symmetrical triangle. See that we pointed out in graph 2 possible movements. The buy zone is highlighted in green if prices return to this level and show any reversal, it's buy! Another possibility is that by touching the bottom of the triangle and making...
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or...
Short term triangle pattern on the ADA 4H chart. Long already open from 1.4 levels. Will look at add more to my position at each retest and confirmation of marked support levels