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ADAUSDT

Cardano Wedge turbulent developmentHey trader! This analysis is based on the idea of a bullish wedge with a strongly experienced resistance. As the wedge indicates, the price undoubtedly has the potential to rise and assume a higher return. However, according to fibonacci, there is also a strong resistance area experienced which can affect the current price of Cardano. These mentioned resistance levels are located at 0.4855, 0.4606, 0.4398 respectively. The strong resistance can therefore send the price out for a free fall until it will land at a support level (0.2996) to identify itself by another current price loss and brake the support level at 0.2654. However, after this hyper development in the price, Cardano has a high buying power at the support levels where it could potentially record a bullish trend and fresh price target for Cardano.
Long
by Aksel_Rom
Cardano bullish triangle, target 0.6429Hey Trader! This analysis is elaborated on the idea behind an ascending triangle. This bullish formation indicates that the price has the potential to break the triangle and reach a new target which is plotted at 0.6429. The triangle is visualized by a red resistance line where the price tops at, and a green support line where the price draws its bottom. Below the cross, a strong safety net is drawn as there are some significant support levels at 0.2393, 0.3107, and 0.3297. To create a picture of where the next target level will be located, the Fibonacci tool has been used to draw the target (0.6429). However, there are some resistance levels at 0.4377, and 0.5240, but since the buying power is high as the triangle indicates, there is still a lot of potential in Cardano. I hope this analysis was instructive and can help create a picture of how Cardano is going to perform in the future.
Long
by Aksel_Rom
Cardano (ADA) holders, be ready to a potential huge profit !#ADA /USD TA Update:- $ADA currently trading at $0.38 ADA is currently bullish since January 9 according to our MTT Indicator (entry at 0.29$) He is currently on the resistance at $o.395 on the 200SMA and on the descending channel (from sept 21) The next possible target if it breaks this channel is 1.10$ with a 179% profit What do you think ? Please click LIKE button and Appreciate my work. I have created this trade indicator that tells me when to go short or long, when to exit and when to take profit Thank you.
BITFINEX:ADAUSDLong
by Coinlion_TT
Cardano bearish flag TGT 0.3055The Trader! This analysis is based on the idea of a bearish flag. As the analysis visualizes, the red resistance and green support lines encircle this flag formation. In addition, a series of resistance levels are drawn at 0.3997, and 0.3866 respectively. In addition, a number of support levels are plotted at 0.3651, 0.3471, and 0.3256. In addition, the idea is based on a bearish breakout where a target at 0.3055 can be determined with the help of the tool, Fibonacci. This analysis can therefore conclude that Cardano has the potential to reach a bearish target where speculators could consider creating a short position on the crypto market. I hope this analysis was instructive and that it can be used to consider where the price of Cardano is potentially headed.
Short
by Aksel_Rom
Is it possible to start a move to continue the upward trend...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- (ADABTC 1W chart) The question is whether it can move above the 0.0000 1641 to 0.0000 1786 and break out of the downtrend line. ------------------------------------- ---------------------------------------- (ADAUSDT 1W Chart) It is necessary to check whether there is a movement of shaking up and down based on the 0.3448 point. (1D chart) The question is whether it can sustain the price above 0.3819 and rise above 0.4380. If not, 1st: 0.3306-0.3448 2nd: 0.2772-0.3032 You need to make sure that it is supported in the 1st and 2nd. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
Cardano bullish flag TGT 0.5592Hay Trader! This analysis is based on the idea of a Bullish Flag. The flag is visualized by the green support line and the red resistance line. Within these lines, the price has moved since the beginning of May 2022 and created this bullish formation. Using the Fibonacci instrument, a number of resistance levels can be expressed in the analysis. These resistance levels which are also potential support levels are located at 0.3926, 0.6903, and 0.8996 respectively. In addition, the instrument can also be used to determine where the target should be placed in relation to the price development of the formation (0.5592). With a good safety net in the form of support levels at 0.2395 and 0.3288, the price has some security. In addition, it can also be seen from the recent day's development that the price has recently experienced a high trading strength. I hope this analysis was instructive and came up with some good points that can help create a picture of Cardano's current situation and how it is going to evolve in the future.
Long
by Aksel_Rom
2
Cardano bullish flag formationHey Trader! This analysis is based on the idea of a Bullish Flag which is illustrated in this analysis. The thick bottom line that follows the market price is the support line for Cardano. On the other side of the price is the resistance line. This flag is pointing downwards which is a strong signal that the price will break out as a bullish breakout. Since late December, when the price formed the current strong support at 0.2395, the price has begun a bullish trend where it has recently shown its potential to break this flag formation. If the price is to follow Fibonachi's indication, the price has the potential to reach the target at 6.0035 I hope this analysis was instructive and can be used for thinking about how the price trend can potentially fluctuate in the future.
Long
by Aksel_Rom
ADA/USDT- Momentum will be hard to sustain- Expecting RetraceWatching for a rejection here- Consider re-entry at .032 I'd like to see us dip back towards the 0.32USD mark to retest the break price before a push further forward. Most alts are largely running off BTC's resurgence so keep in mind a lot of retail investors remain in the negative and that is skewing the charts to make things appear stronger than they are. Consider positions and profit taking with that in mind. BTC is moving into an area of minimal resistance between 24K and 29K if it doesn't dip prior to moving into these ranges I will be surprised. As always, Just my thoughts and TA Feedback Welcomed. Stay Safe, Good Hunting! Bingaz.
Short
by Bingaz
4
Cardano Bullish BreakoutHey Trader! This analysis is based on an Ascending Triangle. Since the price of Cardano has been moving in a bull market lately, it is not uncommon to see a formation like an Ascending Triangle that will have a bullish breakout. Below the price and the triangle are two notable support levels which have a major impact on Cardano's buying power. These two support levels are located at 0.3295 , & 0.2657 . Based on the recent price action, Fibonacci indicates a target at 0.5562 which can be reached as a result of a potential bullish outbreak from the triangle. In addition, Cardano's market price has crossed the 50-day moving average which in itself indicates a buy recommendation (the 50-day moving average is visualized by the grey line). I hope this analysis was instructive and can be used for future consideration of Cardano's situation and the potential that can be exploited.
Long
by Aksel_Rom