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
Adausdtrade
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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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 $1.20 area.
ADA need to bounce from here to remain bullish.
hold it and keep eye on it
The resistance levels remains the same(fib levels).
Trading Signal For ADAUSDT Cardano (update)Trading Signal:
There is a Trading Signal to Buy in ADAUSDT
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.265
⭕️SL: Close below 1.155
🔵TP1 @ 1.475
🔵TP2 @ 1.750
🔵TP3 @ 2.375
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Ada analysisHere's a quick look at ADA 4HR char t. As we can see, the price has been showing a support zone at 1.206$ . 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$
ADAUSDT | The best target to climb📍Hello traders, Cardano in daily timeframe , Waves 1, 2 and 3 are composed of this currency and wave 4 is also being formed.
The structure of wave 4 is zigzag and from this zigzag wave a is completed.
We also considered wave b to be complete, but it is not in a good position in relation to wave a in terms of time. In mind.
But for now, we have shown an uptrend to form more waves to make sure the trend continues.
🙏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!❤️
NeutralHello guys, as you can see, Cardano is in an ascending channel, and if it can maintain the channel, and this maintenance is from the current price, it is 200% profit, and if you want to buy more confidently, enter after the downward trend and 140% profit. Earn and the loss limit is stabilized below 0.87
ADA/USDT TRIES TO BE A GOOD BULL Hello guys, here I will share an idea about ADA/USDT technical analysis.
I do not recommend trading using high leverage for this trade. max use x3 leverage (DWYOR).
From the reversal price of crypto assets that occurred a few days ago, ADA has certainly suffered a deserved impact. For those of you who have confidence in this coin, there is good news to start buying in the area that I have marked.
ADA/USDT will most likely go to Fibonacci level 1.0 ($1,204), so you can buy ADA/USDT coin in the price range of $1,082 - $1,223 and sell in the Fibonacci area of 0.618 ($1,883) or if you want to sell at a safe level in the price range $1,748
Thanks. any donation/support with ETH
0x94bD70a85147A9f2588994854617987D980acED2
ADA is so valuable at these prices ✔Hello dear Traders. I hope you are having a great day.
Today I am looking at the large picture of ADA chart. As you can see price is moving a ascending channel long term and in the descending channel
short term. In my opinion correction will finish once price touches the bottom of the ascending channel around 1.4$. But I would start buying ADA if
I were you at the current prices. You can DCA until 1.4$. Short term targets are shown on the chart and long term target of ADA can be when it touches
the top of the ascending channel.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on ADA and don`t forget to comment what you think. ✌
ADA can experience great price growth !There are many reasons to be bullish !
Cardano's number of active addresses, which peaked at 250,000 in October, has now risen by 80 percent to over 400,000 !
As you can see in the weekly chart (left chart), the ADA price has reached its long-term uptrend and has reacted correctly to this trend line .
The RSI indicator in the weekly time frame is also reacting to its uptrend line .
In the daily chart (right chart) we can see the price reaction to the important Fibonacci 0.618 line .
ADA from ATH has experienced about 50% price correction and these are enough reasons to be bullish !
ADA/USDT (CARDANO) HAS FINISHED 2nd WAVEADA/USDT ( CARDANO ) has finished 2nd wave as a preferred count but we can have an alternative scenario also which is where level as a red degree, If we see more downside and go below $1 then we can go more downside for making 2nd degree of a bigger degree.
#ElliottWave #Cardano #ADA
ADAUSDT , Buy zone activated , Did you bought ?Hello everyone
According to the previous analysis we shown on chart a buy zone area (green box) and tonight that box is activated and we expect that the price can rise up to reach the first target , and if it can break the first target the other targets is on way of price because when it can break the first target the trend is change to upward and we exit from the wave of correction-downward and the more high target is on our way .
Dont forget use stop loss and attention to money management
Previous analysis :
Good Luck
Abtin