💡Don't miss the great buy opportunity in ADAUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.308).
. 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 71.
Take Profits:
TP1= @ 1.405
TP2= @ 1.489
TP3= @ 1.587
TP4= @ 1.747
TP5= @ 1.904
SL= Break below S2
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Adausdlong
💡Don't miss the great buy opportunity in ADAUSD @Cardano Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.308).
. 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 71.
Take Profits:
TP1= @ 1.405
TP2= @ 1.489
TP3= @ 1.587
TP4= @ 1.747
TP5= @ 1.904
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 ❤️
Psychology of a Market Cycle Applied (CARDANO's representation)Above is a comparison of the Psychology of the market cycle from Wall St. Cheat Sheet (originally developed and posted by Satoshi Nakamoto, the cryptic father of the first cryptocurrency, Bitcoin, and, arguably, deserves the title of 'Father of Cryptocurrency ADA's current price action/movement.
Currently, I see two possibilities:
1) We are in the end of the DISBELIEF phase, where a slight pull back occurs before the optimism/belief/thrill stages appear.
2) We may be experiencing the depression dip before building up to the "Hope" phase were a small pull back occurs before a big breakout.
Given the effects of the tumultuous socio-economic environment created by COVID along with the unprecedented flooding of the Alt/DeFi/NFT market (ranging from both revolutionary blockchain technologies to almost useless meme coins like Shib or the SQUID, named as reference to Squid Games show). It would be remiss of me not to further mention the major effects the global political environment has rendered. Issues range from China's crypto collapse (starting with mining and then finally fully banning the use of them) to Kazakhstan's power and internet outages .
Together, these provide an answer to a concept that seems to escape even the most astute technical traders: Although the use of statistically oriented indicators proves effective in theory, the patterns and signals we know to be effective tools today will slowly change in the the way they provide signals for traders. If the picture was the "average," then the actual market provides the source of "standard deviations" we see in price action evolution, both within a single asset's historical rendering and between assets that move closely.
Cardano can rise to 1.6After the false break under important 1.2 support, AdaUsd has reversed and has risen around 30% to 1.35.
Now the coin is in a normal correction and we can expect a new leg up that can reach 1.6 resistance.
In my opinion, Cardano is bullish on the short term and dips should be bought
Only a daily close under 1.2 would change my bullish perspective
Trading Signal For ADAUSDT CardanoTrading Signal:
There is a Trading Signal to Buy in ADAUSDT Cardano
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.185
⭕️SL: Close below 1.125
🔵TP1 @ 1.320
🔵TP2 @ 1.490
🔵TP3 @ 1.885
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ADAUSD LongDon't forget to click on the follow button after reading for more detailed analysis!
Similarly to other Cryptocurrencies, We are still looking LONG on this current rise up.
Look for dips on smaller TF and bear in mind LONG target.
Trade Small and keep RM under check, as you will have seen with last nights FAST drop.
Ada analysisHere quick look ADA
ADA unable to hold the support of $1.40 area and now testing the lower support of $1.30-$1.32 area. ADA need to hold this support otherwise we will see a retest of major support of $1.20 area.
ADA need to bounce from here to remain bullish.
hold it and keep eye on it
The resistance levels remains the same(fib levels).
ADAUSDT | The best scenario for climbing🏹Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we had, waves 1, 2 and 3 have been completed and now the trend is inside wave 4.
Wave 4 is zigzagged and from this zigzag waves a and b are completed and wave c is probably not complete.
The count we had for wave c in the lower time was not normal at all, but it is shorter than wave a in terms of time, so we think wave c will continue and decline until the price of 1.00, and then the climb for wave 5 will begin.
But if the ceiling of the previous channel is broken upwards, it must be prepared for ascending movements.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Trading Signal For ADAUSDT Cardano (update)Trading Signal:
There is a Trading Signal to Buy in ADAUSDT Cardano (update)
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.370
⭕️SL: Close below 1.295
🔵TP1 @ 1.605
🔵TP2 @ 1.825
🔵TP3 @ 2.375
previous signal
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Cardano BottomAda won't go lower, the bottom is near or reached, but like always follow TheKing movements.
Don't forget Cardano is an Ecosystem, they work for the long run.
about to becomes the first Blockchain resistant to Quantum Attacks :
dailyhodl.com
-------------------------------------
Trade Plan
-------------------------------------
Buy : Now (1.20 - 1.25)
Rebuy : 1.09 - 1.05
-------------------------------------
TP1 : 1.40 ish (Security TP)
TP2 : 1.70 ish
TP3 : 2.40 ish
TP4 : 2.90 ish (ATH)
-------------------------------------
Stop Loss : No need
-------------------------------------
Happy Tr4Ding !
Trading Signal For ADAUSDT Cardano (update)Trading Signal:
There is a Trading Signal to Buy in ADAUSDT
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.265
⭕️SL: Close below 1.155
🔵TP1 @ 1.475
🔵TP2 @ 1.750
🔵TP3 @ 2.375
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Ada analysisHere's a quick look at ADA 4HR char t. As we can see, the price has been showing a support zone at 1.206$ . Hoping btc will not go below 45800$.If btc break that zone we see 42-43k$ soon .
Then possibility ADA touch 1$ or can see wick at 0.811$ zone .
PLAY SAFE
Another way to look - - it moving in falling wedge .
Now its time to wait it carefully and must have one open position at 0.811$
Definitely one to keep an eye on .
The best entry at good Support level.
Target - According to fib
1.297$
1.420$
1,579$
1.796$
ADAUSD Fib Dump ScenarioPrice can be seen to rise along fib circle (1)
Applying this same action, we can assume a dump along 2.618 as price passes vertically against the 2.618 fib circle line
If this occurs, price will likely recover at the .382 fib retracement line, which has been a previous place of support
A pretty radical idea, but not impossible
ADAADA in the year 2021 was a spectacle. We do exactly 1600% this year. After all this fuss, we are in consolidation, which for me is a continuation of bullish consolidation. The interesting thing is that we create a small consolidation within a larger one.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.