💡Don't miss the great buy opportunity in ADAUSD @Cardano Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.4172).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 2.5821
TP2= @ 2.7963
TP3= @ 2.9580
TP4= @ 3.1003
TP5= @ 3.2553
SL= Break below S2
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Adausdtlong
Cardano- New ATH soon?After the new ATH around 3 at the beginning of September AdaUsd corrected and has had a short-lived spike under 2.4 zone (the old ATH zone)
Bulls quickly took control and reversed losses.
At this moment we are in consolidation phase just above this old ATH
I expect a new leg up from this crypto and 3.5 could be the medium term target
ADAUSDT signalHello friends.
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Everything on the chart.
open pos: market
target: 2.55 and 2.65
after first target reached move ur stop to breakeven
stop: 2.28 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
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It's not financial advice.
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Open to your questions or suggestions(Looking for investors!).
Cardano price analysis in 4H time frame* Cardano dropped for almost 30% from it's all time high and gained a support around $2.2 and it is now trading above it's resistance near $2.5.
* After a proper retest to it's breakout level we can expect a bullish move till $2.950.
To know more about Cardano price prediction and analysis checkout Coinpedia.org
💡Don't miss the great buy opportunity in ADAUSDT @CardanoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.947).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 3.150
TP2= @ 3.400
TP3= @ 3.568
TP4= @ 4.000
TP5= @ 4.248
SL= Break below S2
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. . . . . Please show your support back,
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Trade well, ❤️
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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 (2.947).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 3.150
TP2= @ 3.400
TP3= @ 3.568
TP4= @ 4.000
TP5= @ 4.248
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 ❤️
ADA Renews Journey Above $3 While $3.5 Comes To Sight
Cardano seems to be joining Ethereum in the altcoin-led weekly bull cycle.
Cardano embraces price discovery above $3 while massively support between $2.81 and $2.8e, as the IOMAP reveals.
Cardano is up nearly 9% and has reclaimed ground above $3. The token is the first among major cryptocurrencies to hit a new all-time high. ADA is on a path to hitting another milestone at $3.5, while investors believe that it is just a matter of time before it rises to $5.
Cardano Once Again In Price Discovery Mode
According to IntoTheBlock’s IOMAP on-chain metric, the newest smart contracts token is back in price discovery after testing support at $ in August. All the addresses that previously bought ADA are in profit.
At the same time, Cardano has no defined resistance as it advances. Hence, a slight push above $3 will quickly bolster the token toward $3.5.
On the downside, ADA sits on top of immense support areas, as observed by the on-chain metric. The region running from $2.81 to $2.84 is the most substantial buyer concentration zone, hosting around 94,300 addresses that scooped up 3.42 billion ADA. This support assures investors that ADA is well supported and the least resistance path is upward.
In the meantime, Cardano is seeking support above $3 to enhance the bulls’ presence in the market. A real break above this area of interest will set ADA on a $3.5-bound journey. Notice the Relative Strength Index (RSI) gaining traction into the overbought territory. A break above 70 may trigger more buy orders as bulls tighten their grip around the price.
The Moving Average Convergence Divergence (MACD) adds credence to the bullish outlook based on its position relative to the mean line. A sell signal that had come into the picture is in the process of being canceled. As soon as the 12-day EMA crosses above the 26-day EMA, the odds for another swing north will come into the picture. Besides $3, Cardano is kept in place by an ascending trend line since the beginning of August.
ADAUSDT All Time High Breaks!ADAUSDT (DAY CHART) Technical Analysis Update
New ATH (all-time high)
ADA/USDT currently trading at $2.59
Buy-level: $2.50 - $2.65
Stop loss: Below $2.20
Target 1: $2.95
Target 2: $3.25
Target 3: $3.50
target 4: $4.00
Max Leverage: 1X or buy it on the spot
ALWAYS KEEP STOP LOSS...
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ADA TargetsADA has broken out of the 1.272 fib retracement at 2.87, which is great to see. I've laid out all the fibs and log fibs for potential areas of resistance in the future up to 4.33. Just because it's out there doesn't mean it has to be resistance but they might be good places to scale out of long positions or enter short scalps if the price is overextended right under a fib resistance. My timeframe would be in the next 2-3 months but many of them might get hit in anticipation of the smart contracts upgrade.
ADAUSDT : TP Reached ✅ +120% ✅✅✅Last Analysis : Given that the price is currently in a price compression, we are waiting for the price to break the downward trend and get out of the compression, then we will enter the buy position ...
Now : Result +120% ✅✅✅ From the First Analysis in 1.36$ .
Next Targets : 3.10$ , 3.44$ , 3.87$