Cardano's Bullish Potential Is Growing (25% Target Mapped)My fellow crypto-trader, we are looking at a 20% price jump on Bitcoin (BTCUSD) and up to 25%, short-term on Cardano (ADAUSD)...
Let's get started.
We have the same chart as before, we updated #3 to expand the low pattern but the technicals remain the same.
We are coming out of support with a bullish bias that is becoming stronger everyday.
Above the 0.4210 low/support, 18-June, we are strongly bullish...
The market takes care of the rest.
Namaste.
Adausd
✅TS ❕ ADAUSD: bounced off✅✅ADAUSD bounced off the support level and has already headed up. A correction is possible, after which growth is expected to continue.✅
🚀 BUY scenario: long to the area of the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Trading Signal For ADAUSDT Cardano Trading Setup:
There is a Trading Signal to Buy in ADAUSDT Cardano .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.440
⭕️SL @ 0.417
🔵TP1 @ 0.487
🔵TP2 @ 0.540
🔵TP3 @ 0.605
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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ADAUSD Is Triggering a confluence of indicators signalling a BUYI have rarely seen this, and want to keep emotions out of this, but...
There are a number of momentum, stochastic, RSI, MACD and Bollinger bands which are not align with a BUY signal for Cardano ADA token.
Im bullish based on TA. Macro be Macro but I intend to DCA when I see extreme fear and the confluence of Buy signals.
"The blood is in the streets"
Cardano 4H Update | All Scenarios (Keeping It Simple)Things are not looking good short-term.
We can start right away by seeing ADAUSD below EMA10, aiming at our main support.
Yet, we are good on this chart as long as we stay above the 18-June low (same as Bitcoin) of 0.04210.
Red arrow .
Now, if this support level breaks, we are still bullish on Cardano (ADAUSD) above the last "critical support".
This next support level is set at 0.03884 and came in 12-May.
The same day the rest of the Altcoins market printed its low point.
Here is the chart:
It needs more time...
Traders are being hunted and that's why... See the details/explained below:
Namaste.
✅TS ❕ ADAUSD: narrowing at the support✅✅ADA is narrowing at the support level, which may mean rapid growth. ✅
🚀 BUY scenario: long to the area of the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ADA's Situation Right now!ADA is in a Big Descending Triangle Which Means the Price Might become Even more Bearish! There is no Break out yet But It might Happen Pretty Soon! This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below. So there are two scenarios Right now Which are that a Bearish Movement Will Happen and The price will reach 0.3200$ or that a Bullish Movement Will Happen and The Price would Head Back to 0.75$ (a Pretty Strong Resistance right now!) We shall wait to see what Break out Will Happen and after that the Trend will be Determined!
-ADA is in a Big Descending Triangle
-The break out for Trend Determination Has not Happened!
-Support at 0.32$ and Resistance 0.75$
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Thank you for seeing idea .
Have a nice day and Good luck
ADAUSD ❕ The price is oversold, but there is no supportCardano is moving in a downward channel.
Trading volumes show interest in falling prices.
The 100MA has broken down the 200MA on the 1H Timeframe.
I expect the price to test the lower boundary of the liquidity zone, but after fixing under it will continue to decline.
ADAUSDT 1D Conditions and price zones to buy CardanoThe cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels.
Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022.
And as we know, in 90+% of cases, the entire crypto market is oriented precisely on this trading pair, where to move next.
- If the price of ADAUSDT trades above $0.43 in the near future, the consolidation may last all summer. However, already in the fall, growth may begin to the area of a strong mirror level - $1
- Fixing the ADAUSD price below $0.43 will pave the way for a further drop of at least -30% to the $0.28-0.31 area
Therefore, you should carefully monitor the market and trading conditions before entering a position.
Globally, the Cardano token still looks and behaves quite well compared to other altcoins. At the moment, the ADA price is above the global consolidation of $0.03-0.30, where during 2018-2020 buyers accumulated long positions before solid growth in 2021
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✅TS ❕ ADAUSD: reached the support✅✅ADA has again reached the support level from which it had previously bounced up. Now the price can make a false breakdown, after which growth can be expected.✅
🚀 BUY scenario: long to 0.52.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Cardano Update on The 4H Timeframe (Questions & Answers)You asked me to share an update for Cardano (ADAUSD) and here it is...
Questions:
What do you see coming?
What happens next?
Are we still bullish?
Answers:
We are still within the same range/setup/bias as before.
We are strongly bullish above the 18-June low regardless of what happens short-term.
We see a bullish wave coming but patience is key.
Any additional questions share in the comments below.
We should see things pick up by the end of the week...
That's when we grow.
First half of the week shaky, second half gets better.
Namaste.
Cardano's Desending Wedge Setup, will it shrug off macro woes?Will the major Altcoins particularly ADA, LINK and UNI breakout of their descending wedge setups. Is this prominent technical setup, the signal for a breakout to the upside?
Or will continuing macro woes, make the TA analysis null and void. Equity Markets might be seeing a bear market bounce, this could relieve downward pressure on risk assets? Allowing the potential for a significant bounce in the major cryptocurrencies.
A potential bounce could see a 50-100% upside for major Altcoins that are down over >75% from all time highs. With Bitcoin and Equity index spurred by the strong support at the 200 daily moving average.
Time to wait and see.
Chainlink's Desending Wedge Setup, will it shrug off macro woes?Will the major altcoins (ADA, LINK, UNI ) descending wedge setups, be the signal for a breakout to the upside?
Or will continuing macro woes make the TA analysis null and void.
Potential bounce might be coming over the next two weeks in equity markets. Spurred by the strong support at the 200 daily moving average.
Time to wait and see.
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always.
So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good.
In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation.
So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70%
I hope that this idea support you