As analysed, after the box breakout and trend line retest, It brought the price back to decisive levels. Won't be buying on first pullback, let's wait for further structure formation, Confluencing it with rsi and price. Will update soon..
Hello, Traders! ADA has not finished its business cycle and technically looks stronger than most other altcoins on the market. At the moment, buyers are restrained by the local resistance at $1.25 It is possible to form a buy position in three parts: 20% of volume in the range of $1.02 - $1.15 30% of volume in the range of $0.81 - $0.95 50% of volume in...
Hello guys, today we are doing some trading. Buy, place your stop loss and enjoy. Take profit before it is too late.
3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%! What's next? We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button,...
Made a new target around 2,80 dollar for the near term.
ADA now setup a downwards flag and seem to will need to wait longer for it break out.
ADA: Cardano is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts. Cardano's internal cryptocurrency is called Ada. The development of the project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland. Here is my analyze: Firstly, ADA got stock below $1.34 and it could be a...
After a few days in a consolidating price area, Cardano broke out. Even breaking the 4h downtrend line for a short time. We'll see it returning to it's comfort consolidating zone a bit higher this week at around the $1.20 area. Good positive EMA and good trade volumes.
I think we are going to test 1.48 once more and we are going to break it this time around mid April. Buy: 1.14-1.18 Sell 1: 1.48 2: 1.7 3: 2.2 SL: 1.02 Do your on research and control the risk.
Cardano seemed to be in an area of consolidation with slight growth against the 1 day downtrend line. It's broken to the downside against that uptrend line on the 4 hour chart. Price is way below EMA. Trades are low too.
After a little while of consolidation, with slight rise in supports and resistance levels it looks like we'll see a cardano breakout of price to the upside. EMA is positive. Good trading volumes.
Cardano price could go either way right now. Price slightly holding above EMA, which is kind of flatlining. Low trade volumes. Which way is it going to go?
After the release on coinbase we saw a pulse upwards. The opposite effect was felt afterwards as a price correction. There are indicators that the price will fall again. EMA is good though.
Cardano is about to break the Symmetrical triangle that had been forming since February to the upside, we are also at the bottom of an ascending channel, this could take Cardano to break the Triangle very soon maximum by next week but I strong believe it will be before Wednesday, this could take the prices to around $1.75 in the next few days and more than $2.00...
Probability 1. Consolidation between $ 1.00 to $ 1.15 to break the resistance of $ 1.20 Probability 2. To break the last resistance of $ 1.20 and go up to $ 1.47 - $ 1.70 while maintaining the price Probability 3. Fall sharply and quickly to $ 0,82 in the event that bitcoin falls and dragged the market