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Cardanousdt

ADA Trade SetupCrypto Market is in consolidation phase lately, as we know during this consolidation phase more likely assets form either continuation patterns or trend reversal patterns ! Here ADA against USDT forming ascending triangle pattern, indeed we can have breakout either way but IMO the breakout is likely upwards and it's interesting to make note that BTC experiencing huge sell pressure as of now! Even though many ALTS are forming bullish patterns it's upto BTC to make them work. But like I said let's just not try to predict the market move, Let's just read the market and wait patiently for the market to make the desired move so that we can enter the trade.
Long
by Livermore_Jr
3
ADAUSDT 1D Conditions and price zones to buy CardanoThe cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels. Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022. And as we know, in 90+% of cases, the entire crypto market is oriented precisely on this trading pair, where to move next. - If the price of ADAUSDT trades above $0.43 in the near future, the consolidation may last all summer. However, already in the fall, growth may begin to the area of ​​a strong mirror level - $1 - Fixing the ADAUSD price below $0.43 will pave the way for a further drop of at least -30% to the $0.28-0.31 area Therefore, you should carefully monitor the market and trading conditions before entering a position. Globally, the Cardano token still looks and behaves quite well compared to other altcoins. At the moment, the ADA price is above the global consolidation of $0.03-0.30, where during 2018-2020 buyers accumulated long positions before solid growth in 2021 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
39
Cardano-more bear or a reversal??Hi everyone. ADAUSDT have created a small weak channel in daily time frame .Considering the context on the chart ,we have a MTR scenario ahead. MTR is an easy and profitable pattern to trade for experts and beginners as it has one of the best traders equation.(Major Trend Reversal). For now we have a channel in between 0.4$ & 0.6$.If the pattern takes place right here,we may get a weak bull channel a head. I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
by HubAlgo
2
Cardano-Will the bear market resume??Hi everyone In the past couple of days we witnessed many digital assets hit a critical level,As for ADAUSDT reached 0.4$ ,which is not that worst compared to many other assets( I have traded ADA on 0.03$ before). For now we have the properties of a range market which includes, breakout failures and reversal failures (up to 80%), and we can see a triangle pattern that I'm waiting for a breakout to decide how to trade this asset.If we get a breakout from the bottom of triangle ( more likely for me)i would not take it and wait for the conformation on the retest of the lower line of the triangle,and I will trade it like a trading range. Resistance levels are 0.55$ and and the top line of the triangle support levels are the bottom line of triangle and 0.5$. current price : 0.5270$ I will gladly answer your questions, just leave a comment below and PRESS THE LIKE BUTTON
by HubAlgo
ADA/USDT - Short ScenarioHello Traders! After the end of the ADA rise, the development of a corrective movement began. At the moment the price is lodged under the MA100 on the weekly timeframe and the RSI indicator has moved into the bearish zone. The presence of such bearish triggers indicates a continuation of the downward movement. You may start to work on sales after the price returns under the support level of $0.54 It's better to start to set the asset after the culmination of sales and the completion of the downward movement. The nearest buyers' area of interest is in the range of $0.171 to $0.274. It's better to place buy orders near the support level $0.171, these may be price values of $0.17 - $0.21 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:ADAUSDShort
by UnknownUnicorn10064030
2
ADA will go higher BUT after this correction!Cardano had perfect movement during the last few days, This coin grew up about 16% in a day! For now and according to the market situation I expect to see a correction for this coin before any uptrend. Current resistance which ADA is stuck below it, Is so strong and a correction is needed in this location. In my idea 1$ zone is a perfect zone to buy more ADA before the next uptrends BUT always do your own strategy and obey Money Management BECAUSE it's the key! Feel free to ask your questions here, I'll answer them.
Short
by TahaZargar
3