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Skyrex
Sep 4, 2021 1:01 PM

ADAUSDT Small Analysis| Cardano Long Entry 

Cardano / TetherUSBinance

Description

Hello, traders!
Today we'll speak about Cardano. As usuall, wuthout extra words have a look at the chart.
Wedge has already been broken above thus we are about to see a huge growth in my opinion. This broke is accepted by bullish divergence with Chaikin Oscilator. Thus, you can see possible trade on the picture. While I'm writing this words the price is growing. Don't waste time guyes and enter.

As you know, you should make your own analysis to boost your trading skills but not follow my thoughts blindly.
Comments
brainfogbabe
didn't turn out well
anowerdrede
it completly fails xD
Kaloian
so i got the same targets but man i get annoyed when i see, person using wicks and bodies and ignoring candles just passing though..to be accurate you use only bodies or only wicks not mix..Also draw a bigger image by using the 4h you will see that this is the apex of rising wedge starting at 2.5 lvl so if that falling triangle you and i watch plays (and i hope it does then i will get some nice rewards for my risk) good but you have to take in account the rising wedge cos the base as target gives us 2.5 lvl correction should it get rejected at our current lvl.
crypticfenian
TA looks solid but I believe ADA price action depends on its smart contract launch going well
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