A good trading situation has emerged in the ADA market . Buyers managed to break the global critical level of $0.171 . 6 weeks of struggle for this mark gave the result. On large volumes, the ADA set a new local high of $0.197 . Now sellers are testing the strength range of $0.171-0.18 . Trading volumes during the local fall are low. So there is no serious...
Considering the changes in dominance chart, I have opened the following positions. I think all of them will come to the fibo. I've mentioned. Good trade to all.
After 34 Day and 3 try to break finally this resistans was broked i expect from cardano to move for next minor res and after return to pivot move for achive nest targets. Cardano has announced that the Goguen phase will be launched in late January In my opinion, Goguen will be Cardano's price explosion the candle of your life is always green :)
ADA usdt formed into tight bull wedge/pennant to break to Res
ADA (cardano's native token) has broke out and is currently retesting support. Potentially setting up for an amazing Long. If the support holds at around $0.17 then we can expect a bullish move to around $0.2 to $0.3 which are the next CPR monthly pivots. Overall I am very bullish on cardano over the medium term and have a good hodl position.
ADA broke the ascending triangle. Let's see how it will perform. Stop Loss is around : 0.14
cardano formed a head and shoulder pattern so the rest is completely obvious
#ADUSDT Technical Analysis Update Resistance Zone Breakout ADA/USDT currently trading at $0.186 LONG ENTRY level: $0.183 - 0.190 STOP LOSS: below $0.150 Resistance level 1( Target 1): $0.220 Resistance level 2 ( Target 2): $0.265 Resistance level 3 (Target 3): $0.40 Max leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more...
Breakout of current .18 resistance should lead to upper momentum to .27-.33 minimum. Consolidation over past few weeks is about complete.
#ADAUSDT Technical Analysis Update Resistance Breakout ADA/USDT currently trading at $0.170 LONG ENTRY level: $0.150 TO $0.170 STOP LOSS: below $0.124 Resistance level 1( Target 1): $0.230 Resistance level 2 ( Target 2): $0.38 Max leverage: 2X Risk Reward Ratio : 1: 7 ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis...
Looks great! Buy at breaking the resistance or the expected candle spike as a retest SL - below the local low Targets have been marked as the lines above the entry point