ADA completed its 2-legged pullback per my previous analysis and even overshot the key support zone to Push #1 support at $0.41. Is this an opportune time to long? Previous Analysis: How do we trade this? 🤔 Cardano found support at Push #1 support from the previous bull trend around $0.40 and has rebounded to the Daily 200EMA. It's reasonable to expect a...
ADA completed its 230% price increase since October 2023 and now appears to be finding some resistance. Should we short here? How do we trade this? 🤔 Shorting is not ideal on the Daily timeframe. Since October 2023, ADA has put in three legs in a bull trend, a double-top reversal pattern that has come off of an ascending wedge (bearish pattern). We're now...
ADA has established lifetime trend lines following the conclusion of the 2022/2023 bear run. The bear run low at $0.22, provides us a connecting dot to the 2020 bear run low of $0.018, allowing us to establish a Lifetime Support line. Likewise, the conclusion of the 2021 bull run provided us with a connecting dot for a Lifetime Resistance line. Now that we...
ADA completed its measured move to $0.68 and has now completed two legs down in a pullback to Support Zone #1. Should we long here? How do we trade this? 🤔 Support Zone #1 has held through two failed attempts to break down. We have a strong bull bar leading into the Daily 30EMA where we are now seeing some resistance. The RSI is around 50 and above the Moving...
ADA closed the large bull gap from our previous analysis and found support at the large bull candle open. We did not get a higher high and Bitcoin is showing signs of a pullback. Should we short here? How do we trade this? 🤔 We should not short ADA on the Daily timeframe. The time to short was after the double top reversal near the $0.60 price range, we're too...
Cardano is racing toward the Resistance Zone after a successful break to the upside from last week's bull flag, as predicted in our last analysis. We're getting closer to resistance and the big question is, do we short it? How do we trade this? 🤔 If you're still in a long from bull flag breakout, good! Don't exit yet as we have not seen a reversal signal. ADA...
Welcome to this quick ada/usdt analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :-ada/usdt is bullish falling wedge Entry:- 2.23$, 2.25$, Traget:- T1:- 2.27$, T2:- 2.29$ T3:- 2.31$ Stoploss:- 2.20$ Sorry for my english it is not my native languages. Do hit the like button if you like it and...
Ada/usdt update. Long:-cmp Traget:- 2.45$ 2.55$ 2.65$ 2.75$ 3.00$ Stoploss:- 2.0$ Rembebar.This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.. Happy...
ada/usdt bullice ada long ; cmp traget ; 3 $ sl ; 2.5 $
ADA/USDT Descending Triangle Bullish Breakout & Retest Completed. We can see upcoming events related to ADA(Cardano) and hoping to touch $2 in 12 to 15 days.
Entry @ $0.12300 SL @ $0.12000 TP @ $0.135-0.14
ADA starts to look really juicy. The BTC is in sideway mode and that's what the alts need so much. We can see in chart a double bottom with higher low which might be the end of wave 2 of the bigger degree. So, we may count that the greater move of the wave 3 is ahead of us. This wave will consist of the waves of lesser degree. I am pointing out the red zones that...
Ada broken up above resistance and looking real nice but have some bearish divergence on the lower timeframes and overbought on the higher TF. Waiting on test of support gained before buying. Orders set in green & blue. 3 targets in which I plan to unload roughly 20-25% per target, leaving a runner (If trade is success)
ADA probable target in Q1 2019 7300-7400sat