Cardano/ADA Trade Setup Idea- #cardano #ada is currently trading at a zone that is above its Intermin Demand
- It's important to watch from an investment perspective that Ada stays very bullish for a long-term perspective
- By Trading you might just make a handful of gain
- Focus on staying invested in the Usecase and try understanding what it exactly does
- I am bullish on Cardano for the long term
- Try adding ADA at its current market price and make sure your allocation isn't above 30%
- Allocate the rest 70% once you see a strong retracement
Cardanousd
Trading Signal For ADAUSDT CardanoTrading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.427
⭕️SL @ 0.418
🔵TP1 @ 0.441
🔵TP2 @ 0.460
🔵TP3 @ 0.487
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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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
💡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
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ADA Price Predicted April 2021Ada which is known as Cardano recently listed on Coinbase......And We have seen 10-15% increment.
When we talk about future of Cardano it can reach 5$ Till the end of new month.
How it can reach 5$??
Because of its good projects plan in the march and april. Their are more than 10+ projects in the month of April. This is the reason.
You can consider buying at your own risk.
Crypto currency is subjected to market risk. Invest at your own risk.
ADAUSDT (Resistance Zone Breakout)
ADAUSDT (4H CHART) Technical Analysis Update
Resistance zone breakout
ADA/USDT currently trading at $1.20
Buy-level: Above 1.20 (only enter long if 4h candle closes above 1.20)
Stop loss: below $0.985
Target 1: $1.35
Target 2: $1.50
Target 3: $1.65
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD 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 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
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 ❤️