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Adausdforecast

Cardano Updates - Bounce or what?We see that the ADA price action has started a correction almost reaching the first support (FIB .618), this is coupled with an RSI showing indecision in a daily view and at the same time that we increase in smaller frame-times it gives the feeling of going further down. Here please find attached the main drawings of this idea, simpler than a botijo for you to speculate. Remember that here in TradingView (and there, and everywhere) ideas are like asses everyone has their own. Please, pleas, please: remember all the trouble that is back on the international scene. Attentive to the political-socio-economic panorama because it is devastating and will somehow affect crypto again. Actually this situation of total halt of the world is more than worrying and it's affecting the whole world, or almost. So far... a greeting, keep safe and do not forget to give a like here. Thankss!
BINANCE:ADAUSD
by harribatu
ADAUSDT Sell/Short Trade, 20% gainADAUSDT is forming a triangle pattern; it's not broken yet but looks it will break downside the triangle. Volume is not big enough to support the bullish movement; On the H1 chart there we can see bearish divergence that shoes the weakness of the trend. We can enter this trade in two way 1) Enter now if it makes a reversal from the trend resistance of the triangle and wait till to break the triangle downside till target reached and if it doesn't break downside then exit. (20% gain) 2) In second trade we can enter in a confirmed breakout when it breaks downside. (15% gain) Keep Trailing Stop
Short
by tapasdhanadana
ADAUSD is ready for breakout from the pennantSince 26 Oct the priceline of ADA / US Dollar is moving within a pennant and now it has reached at end. Stochastic has given bull cross. MACD turning bullish, Ichimoku cloud is strong bullish. Lagging span is turning bullish and crossing up the priceline. A Bullish BAT inside pennant is also formed which is pushing the price action to breakout soon. We have a strong support of 50 simple moving average and a golden cross is expected between 25 SMA and 50 SMA which will push the price action to breakout the pennant. The long can be taken after breakout and price correction. This breakout can take the price action easily upto the tail of pennant which is at 0.04480. Regards, Atif Akbar (moon333)
KRAKEN:ADAUSDLong
by moon333