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Adausdtlong

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!
Long
by UnknownUnicorn26716819
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
by Coinpedia-Market-Insight
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+
by LordEssa
1
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! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Will be very appreciate for ur donat/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
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!
Long
by traderriazofficial