On the lower timeframe, we can see that we have 2 entry trendlines in place. The orange trendline = Risk entry The red trendline = Safe entry Trade idea: - watch for break of either trendline for entry - once trendline broken, stop loss goes below price - Targets: 0.38, 0.4, 0.46 Goodluck and as always, trade safe!
This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
After breaking out of the triangle pattern, Cardano rallied to the $0.28 range with the support of its buyers and temporarily broke the $0.27 resistance. However, the lack of stabilization of the high price within this area resulted in diminished demand, halting the continuation of the upward movement. This retracement led the price to revert back to the range...
Hello my friends, How are you doing? It's a new day and I want to talk about Cardano to you. Actually, I really like this asset. But at this price, it's so dangerous to buy. I want to show you where is the best place to buy and Hold and what's the Final target. As you understand it's a big scale about Cardano. So don't forget to Like 👍, share with your friends...
Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.
Hi Traders, Investors and Speculators of Charts📈📉 A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
By examining Bitcoin in the daily time frame, we see that finally, according to our initial expectation, the price started to fall and has corrected up to $29200! If the price stabilizes below the $29400 low swing , we can expect further fall to lower levels! If this drop continues, its next targets will be $28,500, $27,100 and $26,100 respectively! Don't...
Cardano exhibited a consistent overall trend last week, which suggests the possibility of this trend persisting. The price range of Cardano shows it has been moving between a resistance level of $0.27 and a support level of $0.24. The chart's dynamic resistance remains robust, with buyers unable to breach it. This increases the likelihood of a potential test of...
Cardano back to a major resistance? I’m aiming at $2.1 and then a sell limit back towards $0.1 My Entry: 0.26 SL: 0.11 TP1: 0.35 TP2: 0.37 TP3: 0.44 TP4: 0.46 TP5: 0.53 TP6: 0.63 TP7: 0.7 TP8: 1 TP9: 1.5 TP10: 2.0 TP11: 2.1
Hello dear friends, In the 15-minute time frame, Cardano has shown a potential setup for a suitable short position. I am in a hurry to share this post since it is a scalp position, and there is no time for detailed explanations. Wishing you success and profitability. Be sure to consider risk management and capital preservation.
Cardano's current market stance is under the influence of a strong sun ☀️, hinting at potential changes ahead. According to ATTMO, an AI-powered crypto weather forecasting tool, this solar presence could signal a forthcoming market correction.☔ Investors and traders are advised to keep a watchful eye on Cardano's movements as it navigates these uncertain...
This is a 1D frame analysis for ADAUSDT The price of Bitcoin has tested its static support band for some time and is currently above the support line. The candle has started to move upwards with a shadow a few days ago, and we can expect a price increase, but keep in mind that as long as the price is above the support line, we can expect a price increase. If the...
Chance of $KAS reaching a peak by early 2024 if these fractals continue to play out
hello guys... let's check this coin together. in 4h time frame, this coin engulfed the last higher high but it is on the descending channel so it is risky for getting a long position now. we can wait until the breakout happens. what this coin is doing in the upper time frame?! the bearish trend in a daily time frame: the bearish trend in the weekly time...
I am a big fan of Cardano/ADA. I was fortunate enough to get in at the absolute low a couple of years back and ride a spectacular 15-18x wave before getting rid of a big chunk of it. Now at a 90% discount I am buying chunks whenever it is below $0.25. Right now, the probability is to break that floor for one last flush down. I will have some limit orders setup on...
I entered a short here on Cardano. Showing signs of weakness after a solid pump. A healthy retracement seems like a higher probability outcome. Looking to take profit right above the #GoldenPocket 1.5% Risk on trade -------------------------------------------------------------------------------------------------- Every day the charts provide new information....
💎Attention, Paradisers! An imperative update on #ADAUSDT is here. We've pinpointed another pivotal bounce off the support for #Cardano. Following a verified daily dip below the 61.8% Fibonacci support, the trend persisted in its descent, aligning with our preliminary predictions. 💎With this support breached, our gaze is set on #ADA approaching our lower target at...
Hello friends, I'm taking a break for some time, this is just an idea and a thought, if you have any comments and suggestions, I'd be happy to hear about both BTC and Cardan. Have a nice day and be careful always SL