Cardano against usd, possible long trade. shaded circle is the "buy range" zone are according to your risking tolerance. long rectangle is a strong demand area. perfect buy price. the small rectangle act as stop loss order, if price breaks down the demand area there are no guarantees the price will hang in there or keep falling down. always set a stop loss...
...if it can get out from getting caught in its current confluence levels. Only upon a clear breakout into the upper end of the buy area, I see enough potential for a 70% upswing. Anything below is a no-trading area to me as ADAUSDT wan't really able to take advantage of the overall positive sentiment in the crypto-space.
ADA make nice breakout the possible target is on chart
alt season started hope btc is bottomed out at weekly 200sma like 2014-2015 bottom. this is the first cycle started which gives 7-8X return in next 6months. stratergy for ada buy ada now at 0.04300 and exit in the range of 0.30-0.50 and end of the 2020 or when ada comes again in range of 0.06-0.04 buy again for final cycle which targets 40-50$. hope this my study...
After it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project. Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value)...
Same situation with Cardano. Once the market capitalization has started to recover from the lost ground, it's price has started to increase since the 16th of December from 0.0268$ to 0.0430$ and has registered an growth of 60.44% until now. But the beginning of the bullish trend was registered on the 17th of December, once the price has crossed the 20 days...
ADA BTC now is situated into a rising wedge which means the price are make higher highs and higher lows in the final will be a nice breakdown Stoch is overbought and also bear cross it s confirmed Volume going down which is a bearish sign also RSI below neutral zone Target of this rising wedge is 905 sats(final target) which means -8.94% from the current...
After it has dropped in November from 0.0706$ to 0.0388$ and it has registered a decrease of 45.04% (or 0.0318$), the price of Cardano has started the current month with the right foot. The RSI had a slight return from the "oversold" area, the Stochastic has registered a crossover on the 1st of December followed by a small increase of teh price, which was also...
The bullish trend has started on the 4th of November, once the price has crossed the 20 days MA and it was stabilized between the latest and the upper standard deviation of the Bollinger Bands. This trend was also confirmed once the price has failed to cross back the same 20 days MA, which in this case acted as a support level. From the technical perspective, we...
After it has failed 4 times to cross the 20 days Moving Average, the price also stabilized below the Pivot Level based as well on a low trading volume. It seems that the RSI is heading slowly but steady towards the "oversold" area, while the Stochastic and the MACD are clearly indicating that the price will continue to drop. As a possible target price, if...
Looks like we will soon end the correction and another wave should some