Trade ideas
Cardano Bullish ViewADA is currently forming a triangle pattern, if the breakout happens downward then the price will drop till the resistance.
if it breaks out upward then the price will move upwards.
The price currently is following a curve pattern and there is more chance of the price going to the 3 USD Mark very soon this year
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 $ADA, it might not work out well due to the massive bear trend. Only a major news or entry of a whale might pump Cardano up.
Ada LongAda is good for investment purposes right now with stop loss of 1.7000 we can add more positions after break of 61.8% in fab best of luck.
Cardano (ADAUSDT) Intraday possibilities.ADAUSDT is currently consolidating in a triangle pattern, it could go up or down so we have to trade by looking the price moment if it breaks upside or downside we have to wait for the retest and take the trade in the direction of the price. But if you look at 1.995 there is a good demand zone the price could bounce back from there and give you target upto the EMA 200, making a good 1:2 intraday trade.
LONG ADAADA will give a breakout as soon as possible.
Keep accumulating below 2.05 best entry level for a swing target of 3$
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 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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ADA breakoutpossible price trend in ADA in 1 Hr time frame. After retesting the breakout line, price could go up. if after retesting the breakout line price go down, i would suggest not to trade.
CARDANO (ADA)Cardan trendline breakout and retest
ready for fly any time buy & hold for good results
ADA is about to breakout from a symmetrical triangle and wedgeRight 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
Trend line breakout cardanolong after the trendline breakout. only after price close above 2.30 on hourly.
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.
ADA, CardanoGuys if you are crypto lover then right time to take position.
plz hit like if you crypto lover
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
