Cardano is popping, up 10% again today, will take 0.50 soon
When I first bought this a couple of weeks ago, it was in a massive contraction & squeezing stage, despite recent buyer activity, there was even more selling prior to this demand for many months earlier this year.
So I waited for it to come into my area of confluence because I was desperate to turn some red on my screen into green. I knew there was fairly recent (month or 2) buying demand so I knew this would return once price became too good to not take action to buy.
I loaded up on it around 0.33 cents and I told readers of my initial post on ADAUSD to buy in at these low levels as it would move up fast and a break above 0.455 cents would be big as well.
This Cardana is my best performing Crypto and it is a more recent Buy compared to say DOGEUSD & TRON (that gives nothing aways at this stage.)
Given where things are at now and Bitcoins firm position, 0.50 for ADAUSD is good buying I think.
Just got alerted of a newswire on this theme.
www.tradingview.com
Adausdttrade
ADAUSDT LONG FLAG PATTERNHere are few points i am looking for this trade
1.Price in a overall uptrend (bigger time frame )
2.After a down wave ,Price start gain new momentum to the upside break though major resistant
3.Flag pattern is formed and consolidtae show us weakness (sitting on support and above 0.382FIb)
4.Strong bull bar break out into new high as required !!
5.Target 2times /3times Flag pole length or trend following
🔔 ADAUSD will it be ready for bullish move - 4H AnalysisHello ADA Holders!
According to my 4H analysis to Cardano ( ADA )
We have a ascending scallop pattern, and This is a signal that ADA will continue for long
but if you missing to buy ADA you have a second chance on the pull back phase at $0.98 - $0.96 then you can take your profit after $1 or just Keep it for along period
NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching
Have a nice trading