Cardanoanalysis
ADA/USDT - potential 186% mid-term setupHello, Traders!
ADA has not finished its business cycle and technically looks stronger than most other altcoins on the market.
At the moment, buyers are restrained by the local resistance at $1.25
It is possible to form a buy position in three parts:
20% of volume in the range of $1.02 - $1.15
30% of volume in the range of $0.81 - $0.95
50% of volume in the range of $0.55 - $0.71.
Further, in case of a significant correction in the market, a position with an excellent average entry point.
The range to exit the asset at a stop of $0.27 - $0.38
The targets for purchases will be price levels of
$1,48
$1,74
$1,97
$2,33
The ratio of risk to profit in the transaction is more than 2. A good option in the medium term.
P.S. This is an educational analysis that shall not be considered financial advice
Cardano Bullish viewCardano will soon regain his ascending self, which we are surprisingly looking forward to.
Cardano has a peak on this so-called 'bull-run' between 7-10$ , with an estimated percentage performance of about 200% .
The last thing we expect from cardano is another aggravated tampering that would cost us, and I therefore hope for the best for you out there.
ADA: Cardano / Bitcoin : THE WHALES ARE ABOUT TO SHOW THEIR HANDADA: Cardano / Bitcoin : THE WHALES ARE ABOUT TO SHOW THEIR HAND
We are about to find out if bag holders get massacred or shorters get squeezed to death.
I am holding bags praying.
Pivot point is way to obvious. either way be careful with your positions. Alts can dump another 50% EASY if its down.
This one chart pretty much sums up the whole ALT market right now.
GOOD LUCK FELLOW DEGENS
DEATH OR GLORrrrrrrrrrrrrrry
CARDANO is under pressure. Will it last or crack? $ADA AnalysisFrom the daily perspective of the ADA / USD chart, we see a strong trend line, which indicates a down trend.
But when we look at the Fibonacci retracement of the last impulse leg, we see that the price is at the important level of 0.382, which is trying to break down for the third time.
If the price falls below 0.382, the next level where the price will definitely respond is 0.618. This is where we will place our Take Profit if we open a Short position.
The trend line and level 0.386 also created a descending triangle formation.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
Today I will discuss all the essentials and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
We hope you will join us for the next trade.
Check the status of Cardano
After 7,000% price growth in an uptrend
I think the progress phase has passed
And now we are in the distribution phase and it is quite clear that it has been sidelined for some time
Cardano, who was usually calm before the storms and the period of resentment was usually long, should be aware that a storm is coming and I think that storm will be the phase of falling.
If a relatively strong Kendall closes under current support, it can be concluded that the fall phase has begun.
Cardano broke that wedge pattern!!!After a recent drop of more than 30%, Ada formed a wedge pattern. On the chart we can see that every local high was with decreasing volume, now we have broken through the wedge pattern and can come to the zone marked on the chart below!!!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA, Cardano - 2️⃣ scenarios for long positionPrice formed a clear resistance line. I see 2 scenarios for buying.
1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest)
2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32
This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Cardano Analysis | Monday - 2021 31 MayIn this part, we are faced with two scenarios .
Scenario one (blue) is faced with a break of resistance at $ 1.90 and stabilization above the resistance, or the second scenario is a collision with resistance and return to the $ 1.34 area .
The (blue) scenario is more likely!
ADA- Cardano - proximate definition zoneThe graph speaks for itself. Some of these possibilities will be defined when reaching the marked area.
MEASURE YOUR RISK! The loss you assume in case of failure should NEVER exceed 2% of your total capital. NEVER. We invite you to share your vision in the comments. Thank you
ADAUSDTAs you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target
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Dont forget to put the stop loss
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In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
ADA, Cardano - look when to buy👇🏻ADA repeats the situation that was 2 days ago. We were in a downward local range, after which we broke through to the upside and gained 17%. What will happen this time - let's see. If anything, entry only after a breakout with a stop loss. It's not the fact that we will go up, everything can happen.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Cardano could fall againAfter the recent low of around 1usd figure, Cardano has risen 80% and reached 1.8 important resistance.
As in a lot of coin's cases, I don't believe we are back on bull trend, but just correcting the recent steep fall and a new leg down in fallow.
That being said, I will look to sell around resistance, and only AdaUsd clearly above 2 would change my opinion
ADA, Cardano - 2 scenarios with a clear goal🔨ADA broke the trendline on 1h timeframe. In the first scenario, the price will do an impulse after the breakout of the 1,65 level. In the second scenario, the price can retest trendline(good entry point) and go up to 1,9. Be careful and trade only on spot.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade