Expect Cardano (ADA) 71% Growth 🔊
Updated
I expect approximately 71% growth for Cardano (ADA) from here. This analysis is made by multi type analysis based on combining Classic Pattern and Fibonacci.
This idea is not included with a time analysis but as I used 4H and 8H time frame we should expect a maximum period of one or two month to come true.
You can find full details on the chart but I wanted to talk to you about two points:
I gave you two stop-losses, I came up with the smaller one using a 3H time frame so it's a little bit risky for an 8H time frame take profit, But it'll cost you less loss if the market goes down.
I used the bigger stop-loss for my self as I see it less risky because I found it in 8H time frame. But it will be a bigger loss if it is hit!
For now I put the take profit point around 1 Fib extension level but when the price came around that I may change it for higher levels of 1.272 or 1.618 Fib extension due to price action happening then. Don't worry I will update this idea as we reached that point so you can decide better folks!
What is your point of view or analysis on NEO/ BTC in short-term, I like you to share it in the comment section for me, so we can share our knowledge together.
And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :)
If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
This idea is not included with a time analysis but as I used 4H and 8H time frame we should expect a maximum period of one or two month to come true.
You can find full details on the chart but I wanted to talk to you about two points:
I gave you two stop-losses, I came up with the smaller one using a 3H time frame so it's a little bit risky for an 8H time frame take profit, But it'll cost you less loss if the market goes down.
I used the bigger stop-loss for my self as I see it less risky because I found it in 8H time frame. But it will be a bigger loss if it is hit!
For now I put the take profit point around 1 Fib extension level but when the price came around that I may change it for higher levels of 1.272 or 1.618 Fib extension due to price action happening then. Don't worry I will update this idea as we reached that point so you can decide better folks!
What is your point of view or analysis on NEO/ BTC in short-term, I like you to share it in the comment section for me, so we can share our knowledge together.
And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :)
If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
Trade active
Everything about ADA is safe and sound.. the price is struggling around the support area soon it's movement will begin..Trade active
ADA's bullish movement is started.. I hope you bought it on time:Trade active
ADA/BTC has 71% growth since I put this analysis here and it still has room for more.. stay tuned folks:Trade closed: target reached
Congratulations to those who are patience.. ADA/USDT and ADA/BTC has reached to it's targets...
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.