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 .
FOR 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..
the down side move we estimated was fair enough but the price fails to break below 2.020
the price is consolidating within a pattern of triangle but the rsi showing rise in momentum
lets wait until it gives breakout above 2.150 level the breakout could result in 150points upside to 2.300
downside i am no longer interested in shorting because 2.000 is...
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
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...
Going short on ADA, following an Ascending pattern on a 4 hour TF, even though the market pumped due to BTC, expecting it to pullback. Please DYOR, as it it my analysis
". 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...
Trading 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...
