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Cardanoeth

ADAETH - Is Cardano Strong or Ethereum Weak Right Now?Cardano's just broken out of it's descending channel again, the first time this happened a few months back we pretty quickly returned back within and continued ranging; there's been a few wicks out since then but nothing dramatic or significant. But now we have a fresh breakout and so far it doesn't look like it's being rejected - this could mean gains up to the next level of resistance at almost 10% above the current price. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
12
ADA/ETH UPDATEHello fellow traders! Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset. On the weekly chart there are several indicators showing bullish momentum. MFI- really oversold to the point where we really haven't seen these levels for quite some time. RSI- Nice bounce off of a key support area also we have a WEEKLY bullish engulfing candle, signifying that we might go higher. please like if you enjoyed this content also not financial advice just my thoughts ;)
Long
by KYLEKILLJOY
There is a possibility for the beginning of an uptrend in ADAETHTechnical analysis: . Cardano/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00028200 to 0.00026900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00028200) Ending of entry zone (0.00026900) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00030900 TP2= @ 0.00032600 TP3= @ 0.00034090 TP4= @ 0.00037000 TP5= @ 0.00039500 TP6= @ 0.00043000 TP7= @ 0.00050500 TP8= @ 0.00055000 TP9= @ 0.00071900 TP10= Free
Long
by ForecastCity
6
There is a trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00031260) Ending of entry zone (0.00029360) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00034090 TP2= @ 0.00036800 TP3= @ 0.00039000 TP4= @ 0.00043000 TP5= @ 0.00050500 TP6= @ 0.00054200 TP7= @ 0.00071900 TP8= Free
Long
by ForecastCity
6
There is a trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00031260) Ending of entry zone (0.00029360) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00034090 TP2= @ 0.00036800 TP3= @ 0.00039000 TP4= @ 0.00043000 TP5= @ 0.00050500 TP6= @ 0.00054200 TP7= @ 0.00071900 TP8= Free
Long
by ForecastCity
5
There is a trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000333 to 0.000310). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000333) Ending of entry zone (0.000310) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00032800) Ending of entry zone (0.00030900) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00032800) Ending of entry zone (0.00030900) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00032800) Ending of entry zone (0.00030900) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00032750). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00032750) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00032750). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00032750) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity
A trading opportunity to buy in ADAETHTechnical analysis: . CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034000 to 0.00032500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034000) Ending of entry zone (0.00032500) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00036800 TP2= @ 0.00039000 TP3= @ 0.00043000 TP4= @ 0.00050500 TP5= @ 0.00054200 TP6= @ 0.00071900 TP7= Free
Long
by ForecastCity