ADA is trading at 0.2620 currently. And there is sell side liquidity above the previous high where are many stop losses of traders. Market will go up to 0.2750 area to grap liquidity and this is my Short Entry. Targeting below the previous low wick on buy side SL hunting.
Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 290 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target
ADA inside of a HTF ABC correction.. Or is there more downside?
Cardano currency is in a 40-day upward trend, which is close to its 2-year downward trend, so it has a 20% chance of growth to this downward trend, and we have to wait to see the reaction of this currency to this resistance range.
CRYPTOCAP:ADA update... #Cardano is bouncing on R/S mtf level... Waiting for a breakout on the meme trendline and retest to jump in... Target 0.618 fib... Only when confirmed... #trading @Cardano
After the break above the falling wedge at the beginning of the year and the spike above 0.4 resistance in April, AdaUsd fell under 0.3 support and May and made a new local low. However, XRP news brought optimism also for Cardano and the coin rose strongly and unconquered 0.3, resistance at that moment. After the spike in the middle of the range, the coin has...
It's time to buy ADA Cardano on Spot. The was two strong consolidations on H4 chart, now bulls are ready to reach 0.5 usd level. Potential profit +50%...
• ADA’s strong move up yesterday left only one demand zone on the 1H timeframe. Therefore, I am basing my entries on a retrace to support. The SL is pretty wide, so I don’t recommend leverage on this trade. • Please be aware that a retrace to 0.30 USD is on the table, at least on my opinion. Trade Idea: • Entry: 0.33 • SL: 0.298 • Target: 0.46 • R: R: 1:5 • TP:...
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
On the 4-hour chart the trend started on June 10 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.3338 But do not forget about SL = 0.2161 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
Hi Traders, Investors and Speculators of Charts 📈📉 ADAUSDT seems to have finally bottomed out at 23c or 21c, depending on the exchange you're using. This concludes the completion of the bearish Head and Shoulders pattern in the daily timeframe. After this long wick towards a major demand zone / support zone , there has been a bullish engulfing candlestick in...
• Between June 10th to June 22nd ADA was trading in a range between the 0.25 – 0.29 USD. • During the weekend (Since June 22nd) ADA broke above the previous range high and tested it as support. • The New trading range is compressed between the 0.2857 – 0.305 USD. IMO, this tight range has to breakout to the up or downside. • Big picture, I am assuming that ADA...
TLDR: • If you are a holder/ long-term investor ADA is in a DCA zone, IMO. • Short- term it is not clear, yet, if ADA has bottomed. • Arguments for and against a bottom are mentioned below. • Possible long trade mentioned below. • ADA is a high-risk asset, at least for now, you need to be aware of it before considering a long. Background: • ADA lost its upward...
The price has hit the weekly and monthly combined support and the price has bounced from there. A long is favorable from this support. In case this support is lost, next support levels are weekly support WS2 and monthly support MS2 as marked on the chart. It seems that the current support will hold on the weekly level so probability favors long. But in case in...
although in the last few weeks it looks sideways, but the price formed a new HH and responded well to the bullish trendline area. there is a positive possibility that the price will return to bullish if you look at the character of the price that occurred.
In my previous TV idea, I posted my concern that ADA is losing the upward sloping trendline support. Although ADA did lose the trendline, it is stubbornly clawing it’s way back. The fact that ADA did not lose its bullish structure is a good sign for a possible future price increase. ATM, it is not yet clear if the overall correction in the crypto market is over....
Dear Traders, hope everyone having a great week, we are expecting strong bullish impulse to occur in coming days on this crypto pair. comment down your views!!