Cardano- strongly bearish under 1.5Like a lot of coins, also Cardano is trading at an important juncture.
At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd.
In my opinion, this will be the case and I'm looking to sell rallies
Adausdtshort
ADA (CARDANO) Let's take a look togetherHello Guys.
it's Cardano and everything is obvious here, so if you want to buy ada, please wait. because this chart needs to go down because of correction.
and then go up like a Rocket.
please be patient. it's a good chance to increase your profit.
please write your comments below this post and tell me what do you think?
are you agree with me or not ?!!
Thank you so much in advance.
BINANCE:ADAUSDT
ADA to $1.50 then to the moon 🚀🚀Need the correction to the support at 1.17 or deep correction to 1.11
Failed to cross the strong resistance at 1.23 4 times
buy through correction on several prices to get a good average price , maybe it wont touch the strong support area again n fly to the resistance at any time
on short term for next hours maybe bearish however on the next days completely bullish
I totally recommend not to panic sell at all, however catching more bags at that price will be more profitable
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CARDANO SETUP - SHORT TO 0.82735 OR LONG TO 1.60000Right here is an updated version of this pair.
As we can see, price is in an uptrend. Price has retested the support trendline three times.
There is a resistance line at 1.18122. Therefore, I expect price to bounce back to the lower trendline. Then from there, it either pump to 1.6 or dip to 0.82735.
The yellow lines are major support and resistance lines.
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ADA/USDTSo the market is getting red (another correction) and Cardano is also being affected like any other altcoin. ( March is making it all unstable )
Anyways, the current situation over here is that ADA/USDT on the 4h chart is forming a descending triangle which will make it continue with the downtrend. Rectangle with the minor support and resistance is clarifying that if the next one or two candles breakdown from the rectangle's support at 1.131, then Cardano will rush towards the prices identified with bluish dashed horizontal lines. Moreover, indicators like RSI, MACD, and MA (50) close are favouring the analysis/prediction too.
You can go for Future Trading and place the order of short sell and if it's Spot then its a great chance to buy more CARDANO.
DISCLAIMER: IM NOT YOUR FINANCIAL ADVISOR SO TAKE RISK ON YOUR OWN RESEARCH AND WILL.
ADAUSDT - support level Will support hold up?
A break in the trendline will be a signal to open a trade.
waited for the level retest.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT, short continue after solds.Hi friends. ADA again short. Interesting picture and i want write about it. So we have big volume of closings under 0.31 and exchange bought it. But in next few candles exchange sold it volume again to traders who want long. And what is important volume of solds already satisfy they purchase. Target - investing zone.
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ADAUSDT Short to Demand Zone $0.28ADAUSDT has had a huge push since late December, culminating in a 150% gain, before making its first sign of weakness with a lower high. A triangle structure is forming currently, providing a roadmap of where price action may potentially go. Using this road map, we can set ourselves up for a higher risk reward ratio trade before we reach the end of triangle, where a whipsaw move would wick us out of the play.
My bias here is bearish for a number of reasons:
1. A solid rejection of the supply at $0.38 has created a lower high.
2. The 10 EMA on the 12h has crossed below the 20 EMA for the first time since the push began.
3. RSI has fallen below 50, expecting this to come back up and re-test the 50 which should give us our entry for the short.
The entry zone that I have marked out is the supply formed by the last green 12h candle, around $0.34.
Invalidation of this idea will be if the price breaks out and forms a higher high, so this has been placed above previous structure.
I am expecting at least an attempting bounce from the green highlighted demand area, and have placed the take profit in front of that (on the 38.2% fib) incase this level is "front-run" as it has been in the past.
Always take profit, even if you expect a bigger move. Most of the time, these occur in waves, and we may get another bite at the cherry when PA re-tests the S/R flip zone at $0.30.
ADAUSDT, strong short to 0.235 in near future.Hi friends. ADA want go down to 0.234, 0.210 in near future (2-7 days). I mark all interesting market process on the chart window. Levels thanks to X-Lines script. So why i think we will go so deep. It's because for my surprise exchange dont want to sell ADA that purchased at 0.342 by more expansive price and they sold by 0.355 - 0.360. Ofcourse it mean tendention will be bad for investors.
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ADA/USDT - is on the shelf.1D is on the shelf.
Prepare to move down.
Let's take a closer look.
4H chart:
EMA intersection confirms intention to decrease.
The level 0.05244 is a local support.
Dynamic support is converging to the level.
Looking for entry points to the shorts.
Canceling the set-up. Break-down of the level 0.54$.
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