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Cardanoforecast

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 - 4h. Buyers are preparing to attack $0.38-0.4.Two days of falling in the ADA market did not change buyers' plans to continue growing. The ADA price tested the price range of $0.295-0.308, which we defined in the previous idea : The test of this range took place at high volume s, which proves buyers' interest in the coin. As you can see from the previous idea, the price went according to the second scenario, breaking the local trend line of buyers, which they controlled from January 1. However, we can't announce the end of the growth trend. The ADA price stopped its aggressive growth before the strong liquidity range of $0.38-0.4. Given that buyers have the strength to keep the price - the first short-term target is a second attempt by buyers to break the range of $0.38-0.4. The critical point of this scenario is the mark of $0.33 . If buyers can not keep this mark - buyers will again have to defend in the range of $0.295-0.308 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
13
How to Trade ADA After The 85% Price EXPLOSION!In this technical analysis we will take a closer look at ADA. It's been absolutely fantastic to see the price grow to these crazy new highs. It's been a long time since ADA traded near the $.30+ level, and we would have almost forgotten that the all-time-high was actually slightly below $.40. It's very difficult to chart what will happen above the all-time high so I will focus mostly on the journey towards it. An obvious first target for ADA is 0.38 here, a level slightly below the resistance. You can also choose to try and hold beyond the resistance but I would suggest against it. The best strategy for trading coins near all-time-high must be taking profit slightly below the all-time high, then waiting, and then seeing if the price can break through. If it does break through you can enter a long and buy on the breakout slightly above resistance. If it doesn't stay out of the long position because a rejection might happen which can greatly reduce the value of ADA in a short time. Buy a much lower point again in that retracement so you are in a long position again on the second attempt. This quick selling and buying near ATH will only cost you a few % max in profit, while giving you a fantastic benefit of more certainty. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
13