Adausdtshort
ADA pull back from it's resistance* Cardano is facing a rejection from it's resistance near $2.950. It is now consolidating between it's resistance and a small support around $2.8.
* If the price breaks the support of $2.8 we can see a drop till the below major trend-line.
* RSI bearish divergence also appeared in Cardano including the over bought indication.
* Over bought is considered when the RSI crosses above 70.
ADA (Cardano) Correction StartingCardano has risen quite some and as the price is losing momentum and there is obvious divergence in RSI, getting lower highs as well as price hitting the very top of it's channel, it's very likely that correction is starting and price is gonna retest it's previous resistance and current support which happens to be the same level as FIB 0.5 as well as EMA50 making it a super strong support.
ADA/USDTAlways read/ check for update comments as I might change (no Obama) something in the idea.
We broke out of a consolidation phase, had a backtest, and broke resistance. The question now is, can we hold support?
I am accumulating a short position within the rectangle "building a short position in this rectangle" and attempt to build a leverage position. ADA is currently pure hype and doesn't offer a helpful case as there are superior blockchains(no doubt Charles Hoskinson will pave the way to success, but it's too soon). The BB widens, which means we might continue higher, ranging between the middle and upper bands. There is also the possibility that the BB gap is overextended. Seeing the BB%B (blue highlight) time frame shows us when the BB has widened and corrected.
Looking at the MACD, we can potentially identify wealth cycles. The blue highlighted areas suggest a change in trend where a bearish cross occurred. Also, the MACD shows a potential cross in the future. Lastly, we are placing bids in a plausible dead cat bounce zone for a long.
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Now that the vital info is over with let me hit you with some facts.
Firstly, who even buys ADA, I have been involved with crypto for a few years now, and I don't know anyone who purchases it. Secondly, did they find someone who wants to build on their network yet? lastly, how is the market cap larger than BNB?
ADAUSDT (Update) Cardano 1D TFAs we can see, the price is close to its Highest High . After breaking this range, the next Targets marked on the chart can be imagined for it.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
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
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






















