ADAUST trade ideas
CARDANO PRICE ACTION ANALYSISCardano 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 pattern's 1.618 fib extension i.e., 3.38.
Put stop loss level at 2.47.
Happy trading :)
This is just for educational purposes.
ADA/USDT hourly chart analysis + setup 🚀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 here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
ADA/USDT 15M chart analysis + setupHello Traders👋
Today i have made a post on ADA/USDT 15m
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 here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
💡Don't miss the great buy opportunity in ADAUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.947).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 3.150
TP2= @ 3.400
TP3= @ 3.568
TP4= @ 4.000
TP5= @ 4.248
SL= Break below S2
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ADA/USDT Daily chart analysis + setupHello Traders👋
Today i have made a post on ADA/USDT daily time frame
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 here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
ADA || Supports and Resistances & Buying ZonesWe Have Discussed Supports and Resistances in our videos and many are asking about the points where you can buy again and here we have discussed 3 different points where it is possible to get your order executed which you can see in your phone and laptops. look on the points and trade accordingly.
Happy Trading
Cardano may have a pullbackFor 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it.
The sentiment is bullish, so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl to go long. Below the stop loss level, the token may have a major fall.
ADA CARDANO 17/08/21ADA
It has been showing a lot of strength in recent days against the volatile BTC market.
ADA lies within a symmetrical triangle.
See that we pointed out in graph 2 possible movements.
The buy zone is highlighted in green if prices return to this level and show any reversal, it's buy!
Another possibility is that by touching the bottom of the triangle and making a reversal signal, we can also think of taking a position.
We remain optimistic about ADA and its potential.
Patience and strategy....
I hope I helped in some way.
Leave your like please and comment your opinion!
👉🏼If you want to talk to me, send an inbox message, or click on the footer of this post!
⚠️Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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ADA approaches all time high 🤩Cardano is looking to upgrade the network in the near future, bringing smart contracts to Cardano via a hard fork combinator (HFC) event.
“Any growth in the price of cryptocurrencies is either directly caused by positive news driving up sentiments among buyers or a growth in tandem with the overall market trend,” Yuri Mazur.
💡Don't miss the great buy opportunity in ADAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.610).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 1.740
TP2= @ 1.831
TP3= @ 1.949
TP4= @ 2.148
TP5= @ 2.467
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️