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ADA Cardano Analyze By Persian crypto master Daniyal DaraeiHi Like it before reading please cardano made a good symmetrical triangle on daily time frame , and we have good support line on 0.13 and resistance on 0.15 , it can made a great consolidation on this triangle and it can break triangle upward to get on targets that i'd showed on the chart. 0.20$ could be first target and the second could be on 0.2355 consolidation in 5 to 10 days could make bullishness before breaking out FOLLOW us , this idea will get update soon ;) Daniyal daraei
Long
by daniyaldaraei
8
ADA/USDT still bearish?ADA / USDT has been showing signs of correction for some time and, in my view, it will have continued with the first support test marked on the chart and if it loses, we will try the next support below with up to 45% of the loss of value. Another possibility is a test on the first support to later try to escape the triangle with the value of 0.12 USDT as the first resistance. The support zones fit well with the 0.618 and 0.786 Fibonacci retraction levels. Ps: This is not a financial advice, always do your own research ...
Short
by fgolobovant
4
ADA.USDT (Y20.P4.E1.v2).Looking for the next long ** A continuation of the previous post, link provided below ** Hi All, Just a reminder: Most Traders are stating that we are in the earlier stages of a bull run, not just BTC but SP500 and Gold. So what we are seeing is a likely ABC correction. We have 2 types of possible correction, a mild or deep correction as I explained in my SP500 latest post. With the SP500 we have hit the mild correction target of 3230, if its to be deeper, then 3230 is point A (refer to me chart below or previous post) ======================================================= If your one of those who want to go long with Cardano, along with LINK, LEND, KAVA, defi well performing coins, then here is the area where I will be looking to buy the dips. Strategy: You are unlikely to find the bottom so start buying the dips, in this green zone. If SP500 has hit its target, then we should see some bottom formation here and likewise with BTC we still maintain a lower high, charts below. For now, it looks like the SP500 is holding along with the US dollar index, so a bounce is looking more likely. Note the hidden bullish divergence with price and the RSI Please give me a like or tick for this post. Regards, S.SAri Current SP500 chart, wedge formation with a bullish div. in the short time period BTC\SP500 correlation My thoughts on the US dollar BTC chart PREVIOUS POST:
Long
by ssari
3