Cardanousdt
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 .
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 ada, update
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 close by and favorable risk to reward we would get
based on current market structure this could be the possibilities im looking for longs
Cardano may have a pullbackFor 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 to go long. Below the stop loss level, the token may have a major fall.
💡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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💡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 ❤️