Hello trading friends,
Cardano looks to have an increasing trend for the coming time, this should also support by btc stable trend or increase trend.
The target for Cardano (ADA) is 1.50 +
# Dont expects to fast increase trends, as it can take some more time.
# into this update we just add the expecting targets of us, don't use this as entering...
Around a week ago I made an analysis on ADA. My short term view was that we would decline towards the red area of support and see a swift recovery after that.
Current main point of interest is the blue resistance line. If this line can be broken in the coming days we might see a push...
Hello trading friends,
Depending on the new trend that follows, Cardano looks interesting coin for the coming time with a possible breakout.
we will follow this coin coming time to see the trend.
Soon more updates about cardano.
Have a great coffee time Asia market!
Hi dear followers and visitors, ADA is moving in a Triangle Pattern in daily timeframe and I think it will broke from the upside!
According to bitcoin's bounce back and breakout in daily chart(Same condition), I think ADA will breakout from the upside and after breakout it would see 2$ again!
See my analysis on BTC too(I think 42K will be broken...
On the daily time frame ADAUSD, we can see the price rejection few times from the same support zone and creating demands each time. After Elon's last live comment, the Crypto market seems again bullish to me. ADAUSD will meet its higher high once again and the conformation we found by technical perspective in this chart.
Increasing bitcoin dominance barely has any impact on strong coins like Cardano ADA. The Price chart technically holds conditions and has entryways to take this comparatively less risky trade and earn some candies. Cardano ADA, since May 15 when it was above $2, is in a downtrend like every cryptocurrency coin and token. It is nearing the resisting trend line to...
Price is close to nearest resistance (1.2100) and resistance line. I'm waiting that ADA can make good trend soon. If price will pull back from this level (1.2100), we will have good signal to sell. As a first target we can take support (1.0500).
Cardano in 4H time frame forms a Inverse Head and shoulder pattern which is a trend reversal pattern. With it's neckline near $1.2000, if it breaks the neckline with a good volume we expect a rally till $1.2950
-ADA is up nearly 7% on the day
-Price is attempting to break through major resistance zone
-RSI sits coiled in a bullish manner
Throughout the past few days, ADA has experienced a decent revival as price has risen nearly 25% of lows. This is a great sign to see for the bulls, but compared to other coins in its class, price is lagging behind a bit. Although,...