J-ADA
Cardano price coils up as ADA edges close to 18% breakout1/ Cardano price is coiling up in a symmetrical triangle pattern, suggesting a breakout could occur soon.
2/ Since this technical formation has no inherent bias, ADA could head 18% in either direction.
3/ On-chain metrics reveal a breakout would favor the bears.
ada likely to give a breakout ada was consolidating within 1.900 to 2.060 range.
with good vol and bullish engulfing candle breakout is likely to sustain
initiate buy above 2.090 sl 2.020, target 2.200,
if the overall market is in momentum then ada can also touch its recent high of 2.300
happy trading
ADA target update. Really in critical zone!ADA has been in a bearish trend even after the whole crypto market is bullish. this bulls have still made the prices to take support in the major demand zone (the dark box). It might form a new low here or go till the 1 to 1.5 USDT range to make a new low. Currently, it is consolidating in the golden zone of the Fibonacci Retracement. It has already broken the 0.75 level of the Fibonacci Fan (signal of a major downtrend).
This is a short term trade for $ADA, it might not work out well due to the massive bear trend. Only a major news or entry of a whale might pump Cardano up.
BTC BTCUSDT upcoming viewBTC all set for crossing 70000$ soon as per our chart.
Immediate support 58000$
Immediate resistance 62500$
wait for proper entry, either on support or after breaking out.
LONG ADAADA will give a breakout as soon as possible.
Keep accumulating below 2.05 best entry level for a swing target of 3$
levels mentioned in chart !!
ADA long-term target: 3.9 USDTCardano is not having volumes currently, but it is waiting for investors to pump. It is currently in the golden zone of Fibonacci, might retrace back with a massive pump!
ADA Breakout ADA/USD forming a symmetrical triangle pattern.
ADA has been consolidating hitting lower highs and higher lows, considering the recent push in crypto ADA might give a breakout
Right now the price is consolidating between 2.2-2.1 USD and might break its all-time high after the breakout
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Market during the lockdown. These are for educational purposes. Please do share your views and suggestions, I am still learning.
Cardano about to breakoutAfter almost 2 months ADA is about to breakout. Triangle is a continuation pattern but here not sure.... Wait for the breakout to enter trade.... I already longed few days back...
BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.
ADA to break out?There is a falling wedge pattern forming on the ADAUSDT chart. What do you think about it? Will it manage to pump?
💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT 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 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
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Cardano Symmetrical Triangle Pattern breakout 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.
Bitcoin Bull RunBitcoin bull run has begun! Bitcoin has now begun the oct bull run as of the 14th the next weekly indicator will kick in and we will push the next level 52 k so lets rock on guys !
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 Price Forecast: ADA bulls to trigger 22% gainsCardano price is trading inside an ascending parallel channel, indicating the possibility of a bullish breakout.
cardano ada, pre trade setup this setup will work only when the LOW is not taken out or breakdown
after breaking the 2nd swing
wait for bullish retest for entry
CTS - ADAUSD.2This 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 other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
Cardano ADA Bullish View (Go Long)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 ABCD Harmonic Pattern.
Safe traders can book their profits and Hodlers can hold till ABCD pattern completion at 4$.
💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading 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 resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 2.5821
TP2= @ 2.7963
TP3= @ 2.9580
TP4= @ 3.1003
TP5= @ 3.2553
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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