ADA (Cardano) - the run continuesAfter my previous analysis of cardano which saw a beautiful 40% rise I believe we're ready for the next jump up. Overall I am looking at a target of $2-$3 for ADA
Why? So many reasons - fundamental are fantastic its really undervalued and has released some great updates. Everyones been struggling with ETH gas fees which puts ADA in a much better light as a more practical alternative.
On top of that from a technical perspective this coin actually rose during a time when many other high market cap coins were dropping. It's remained really bullish and has a such potential.
If you find my analysis useful please like and follow.
This is not financial advice.
Cardanousdt
ADA CARDANO - Volatility inboundOur updated chart on ADA Cardano shows that volatility is expected now. In the last 24 hours the asset has been lagging vs Polkadot, Ethereum and other major competitors which can easily be explained due to the fact that it has been outperforming the basket for the last few weeks.
The price will exit the wedge (triangle) very soon and volatility is guaranteed. Direction? Probably higher but a dip to previous support can not be crossed out
ADA Cardano - over 650% rise since post 1🤩I have expressed my admiration for the Cardano project in a few occasions, especially as my 'Valentine's day coin' .. an affection based on fundamentals and technicals.
Cardano has proven to be the best option and yes I do expect it to rise further... to at least 3$ a piece
Some call it ETHEREUM KILLER . I just like to call it ADAMANTIUM COIN , where it's strength is the technology and it's team's values.
When it comes to cryptos, research always pays out- just remember to combine it with technical analysis.
Thanks ADA,
the FXPROFESSOR 💖
Mid TermAfter hitting the channel ceiling, I am waiting for the 1.68 and 2.68 Fibonacci resistances to correct.
Do not rush to buy
We are sure that every climb needs to be corrected. We are waiting for correction to buy confidently
After breaking his old resistance zone, I am waiting for the retest zone and pump again. Go to the moon 🚀🚀🚀
my telegram id : @Omid_CryptoTrader
ADA - ETH repeat ; OPTION 1 - Valhalla DIRECT FLIGHT v3ADA - ETH repeat ; OPTION 1 - Valhalla DIRECT FLIGHT v3
So i think this is the accurate version. was slightly off on the v2, was pretty easy to see once we had that dump though. ill be using this one going forward..
Good news is the targets got higher haha
Sell on orange, rebuy on green, sell on orange = financial freedom.
Thanks Charles. And Vitalik for paving the way.
💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
SL= Break below S2
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💡Don't miss the great buy opportunity in ADABUSD @CardanoTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.9790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADABUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1100
TP2= @ 1.2000
TP3= @ 1.3090
TP4= @ 1.4200
TP5= @ 1.5600
TP6= @ 1.7000
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 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 ❤️