Adausdtlong
Cardano's Mid-term 388% PotentialCardano remains beneath its prior ATH's resistance point. That in combination with its current fibonacci channel support makes for an interesting buying opportunity.
You may notice that BINANCE:ADAUSDT has consistently found support on these fibonacci levels in the past. So based on that, here's my (strictly bullish) prediction for what we might see in the next few months.
Long ADA ⬆️Buy @ 1.98
✅TP1 @ 2.11
✅TP2 @ 2.35
✅TP3 @ 2.63
✅TP4 @ 3.55
⭕️SL @ 1.80 ( D Close)
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ADA Price Target for EOYI've been gradually accumulating ADA on some key levels. With SundaeSwap just around the corner, ADA is going to have a huge run up. My price target is $3.90. This is just Technical Analysis, not a financial advise. And always, DYOR. Do proper Risk Management and let's go to the moon this November.
ADA (Cardano) Ready to pumpBased on my analysis on Daily timeframe as we can see the price is ranging at a strong support key area which has acted as both support and resistance previously, what makes it more interesting is having EMA200's support at this area as well, and even more interestingly based on Fibonacci retracement this area happens to be at 0.618 (Golden Number) which makes reversal more likely and a high quality trade for a long position.
Plus on the RSI we have this bullish channel with a double bottom (Extra Confirmation) as well as a pretty big falling wedge pattern.
NOT FINANCIAL ADVISE!
Will Ever Cardano Price Break Out Of Consolidation To Reach $2.5After a notable roller coaster ride, the crypto space currently seems to have relaxed a bit. Most of the assets are currently accumulating after slightly pulling back from the higher positions. While Bitcoin, Ethereum ranged high and consolidating, Cardano appears to have inculcated a reverse trend. And hence raising the clouds of suspicion over the ADA price rally.
The price maintained a depleting trend from the past couple of months, yet the current month trade dipped lower levels. The recent price dip has formed new resistance and support levels which are lowered at $2.02 and $1.96 resp. And now also the asset is trending within small braces or consolidating in very narrow ranges.
Read more : coinpedia.org
ADA READY TO MOVE?!?!ADA is consolidating between 2.0 and 2.3 for quite some time. Right now its standing at a very major support where the support line and the ascending trend line are about to meet. If ADA honors this area and bounces from here then the move would be on rocket fuel. Initial target would be 2.50. Any strong closing above 2.50 would bring it to 3 and 4 plus.
Major Support
1.90 and the ascending trendline
Resistance
2.30 (Minor Resistance)
2.50 Major Resistance)
Expected Target Price
2.30, 2.50 and 3.0+
ADAUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 2.38 - 2.6 - 2.77
after first target reached move ur stop to breakeven
stop: ~2.05(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
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Cardano ADA Under Pressure - Possible Buying PointsHello,
Let's have a look at Cardano ADA price prediction today. Look at the daily time frame. ADA looks under deep selling pressure but its fundamentals are stopping it going further down. It is currently squeezing and trading under a triangle.
As per daily graph, consecutive higher lows in an ascending triangle generally suggests that buyer should win. But as you see Cardano is also trading below the 50 EMA both in daily and H4 graphs. So a good selling pressure is also there.
Overall I still prefer BUY ENTRY only.
I have mentioned both possible buying entries options on the chart. Take a look and act accordingly. You may open your first buy position when you see any price action ( to confirm buy reason ) at the first support and then on the 2nd support ( if market reaches this level ).
Happy trading!
The ADA upward trend will continue ???The ADA upward trend will continue
if
the black line up trend remains valid .
and brake carve black line to up side
i think ada cardano will see the $ 5 in the first stage
And it has the potential to cost $ 10 and $ 14 by the end of 2022
The months of DEC 2021 and April 2020 are very important in terms of time
💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSDT @cardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.448
TP2= @ 2.585
TP3= @ 2.797
TP4= @ 3.058
TP5= @ 3.300
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️