Cardano creating a symmetrical triangle pattern. Chances for a trend reversal...
Right now BTC seems quite strong holding support around 46k-48k. If BTC hold its position ADA will breakout upside. \ My first target of ADA is 2.8$ second target is 2.96$ BINANCE:ADAUSDT
long after the trendline breakout. only after price close above 2.30 on hourly.
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.
Guys if you are crypto lover then right time to take position. plz hit like if you crypto lover
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...
What Is the Wedge Pattern and Its Common Characteristics? 1. Wedge patterns have converging trend lines that come to an apex with a distinguishable upside or downside slant. a. Wedge with an upside slant is called a rising wedge b. Wedge with downside slant is called falling wedge 2. It has declining volumes as the pattern progresses 3. It breaks out from one of...
If you are looking for a trade in $ADA I have tried to make entry exit strategy for CARDANO LONG. But given the market scenario. I would suggest you to your back testing as well. As it's not a financial. It's just my reading of the chart. #DYOR
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We can see here ADAUSDT some support and resistanace level idea here
this setup will work only when the LOW is not taken out or breakdown after breaking the 2nd swing wait for bullish retest for entry
Cardano has completed it's swing high at all time has and has taken a correction at 0.382 fibo levels. Also price is currently at monthly cpr with railway track pattern intact. So it is the best time to go long. Also there a good risk to reward of 1:3. So mid term positional traders can go long on ADA. Target 1 is the all time high of 3$ that is the B point of...
I am new to this world so dont take me serious just do your research or follow other experts here ..
double top pattern is showing is ADA 1 hr chart. if this support breaks then it would very bad news for ADA holders
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
Cardano had a crazy run until last week. But it is in a consolidation after a bull run. Now, if the supply zone is broken, the price may rise to 3.38 USD. Here, after breaking the all-time high level of 2.4705, the price came back to test it and survived. It must now act as good support. If the supply zone breaks, the target would be XABCD bearish crab...
See price targets and possible future resistance for Cardano Cryptocurrency
Hello Traders👋 Today i have made a post on ADA/USDT 1 hour timeframe I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted...