Ada/ Cardano USDT Update - Cardano is so far 150% up from my POI and entry
- Youtubers and Big Bank Traders will now ask you to buy the FOMO which makes no sense
- You either stack or starve in Crypto it's as simple as that
- You can still hold Cardano if you want the money is flowing into Major Alts
- Do not take FOMO entries here or short Cardano without a strong confluence
- If you want to enter ADA/Cardano wait for a strong retracement.
Search in ideas for "ada"
ADA USDT ➡️Among the digital currencies that have seen a strong increase in buying pressure is Cardano (ADA), where the trading price reached $0.38.
The current price is undergoing some correction. If we follow the blue level on the chart, we will notice that there is a support level that has been strongly broken.
Currently, we are witnessing a retest of this level, and accordingly, the best long-term buy entry areas might be:
➡️$0.32
➡️$0.30
And the targets we aim for are:
➡️$0.338
➡️$0.365
➡️$0.410
We will set a stop loss in case a daily candle closes below the blue level.
Cardano RSI Bearish Divergence at Resistance ZoneADA/USDT is near resistance price is making higher high, while the RSI is making lower high which is clear sign of RSI Bearish Divergence. We can take short position once price breaks below the support with strong bearish candle. target will be the next support zone. stoploss above the swing high.
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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/Btc looking bearishWe are doing Analysis of ADA/BTC on multiple Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Thanks
Anish kumar






















