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Cardano - summer surveys.The truth is that Cardano has been on a spectacular rise since the beginning of the year. Right now and according to the idea we are in the middle of a fibonacci level of 2.618 since the last big drop that occurred in May 2018. Since the RSI is quite overbought there is a high possibility that the pair will correct in the next few days. Let's hope it respects the lower ideal consolidation zone, above $ 0.58. On the other hand and in a broader weekly view we also see the RSI (91) overbought. Signal that would make us confirm that possibility of a downward correction. If some strength is left to this relatively long movement, at least it is to touch $ 0.93 and hopefully also to consolidate in that area. What are your thoughts? Thanks for your support!
BINANCE:ADAUSD
by harribatu
3
ADA 12h What is closer for you $0.90 or $0.38?The growth option above $0.48 in the ADAUSDT pair was definitely not our priority. But ADA buyers decided otherwise and organized a shock weekend. The channel was confidently broken up on high volumes. Caught up the Cardano price to the level of $0.708. Now the price is in consolidation. If buyers show for some time that they can easily keep the ADAUSDT price above the level of $0.58-0.60 , then the growth can continue to the next level above $0.90. In case of aggressive sales and confident fixing of the ADAUSD price below $0.60 , sellers will start a local fall trend with the target to test the level of $0.38. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
21
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing. After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers. What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38. In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
11
ADA Cardano Analyze By Persian crypto master Daniyal DaraeiHi Like it before reading please cardano made a good symmetrical triangle on daily time frame , and we have good support line on 0.13 and resistance on 0.15 , it can made a great consolidation on this triangle and it can break triangle upward to get on targets that i'd showed on the chart. 0.20$ could be first target and the second could be on 0.2355 consolidation in 5 to 10 days could make bullishness before breaking out FOLLOW us , this idea will get update soon ;) Daniyal daraei
Long
by daniyaldaraei
8