TA on cardano short ENTRY 1.365185 TP- 1.31407 SL- 1.36391
Just a rough Technical Analysis on ADA, feedbacks are welcome, Thanks
1/ 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.
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..
Cardano price is trading inside an ascending parallel channel, indicating the possibility of a bullish breakout.
Long at 2.38 Target = 2.8 Profit = 20%
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On ADA CARDANO A Flag pattern identified in 1 HR Candle
1/ form a base, could be equal lows or higher lows or lower lows, honestly, it doesn't matter as long as we tag the 50% Fib at $1.469. 2/ short-term targets: rally higher to tag $1.641, $1.741. 3/ mid-term targets: collect buy stops at $1.889. As always, Leave your thoughts in the comments! Feedback or questions are appreciated. DYOR Not Financial Advice (FA)
lots of selling prssure arr in the market and so be careful while trading