Despite market rundowns earlier this week. ADA has managed to hold and has currently been sitting on top of the native trend line, referenced from COVID19 Crash of March 2020.
I'll definitely long from here.
Depens on the updates/trends i expect a breakout in ADA!!
My most alts expecting was before right.
# expecting is not same as 100% sure, nobody know the future.. a small change in btc ( bad news or whales effect can change the price) take this not as advice, but only as my expecting.
Have good day.
Cardano - Intraday - We look to Buy a break of 0.3184 (stop at 0.3084)
Daily signals are bullish.
We look for gains to be extended today.
Price action has formed a bullish ascending triangle formation.
Our outlook is bullish.
We can see no technical reason for a change of trend.
Our profit targets will be 0.3512 and 0.3718
Resistance: 0.3200 / 0.3400 /...
Cardano - Intraday - We look to Buy
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Trend line resistance is located at 0.0950.
We look to buy dips.
Dip buying offers good risk/reward.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Short position on pin-bar at 4H resistance.
Stop placed above boxed out, relative key rejection zone that's held for around 6 days.
Targeting lower support for a 1:45R with potential trouble area around 0.08085 still offering 1:1R
Hey to all!
Cardano price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying from the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
It is worth considering purchases in the Ichimoku cloud from key support levels of Fibonacci (50% - 61.8%).
The price broke...
Technically a 'perfect' mid-term entry area should be the blue box, there are some lower levels also but this is the healthiest level!
- Different Fibo levels
- Channel trendline should act as a support
- Cup & Handle curve trendline should act as a support level
- EMA's act as the support levels.
- Recently worked price levels (orange lines)
From the technical...
Resistance levels: $0.080, $0.090, $0.100
Support levels: $0.030, $0.020, $0.010
The price of Cardano is now in a bullish trend; as the crypto's price broke the 12-day EMA and the 26-day EMA. Yesterday, December 19, the price of Cardano made a pullback after it was resisted at the $0.035 price level. The crypto's price is expected at the $0.045 price level but...