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Cardano / British Pound

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ADAGBP trade ideas

ADAGBP - Revert to Previous Level & Touch Trend LineThere seems to be plenty of charts recently with descending trend lines acting as levels of potential resistance, I guess this shows us what a cracking year 2022 was for crypto!? :) Things can only get better though, and with a But signal on Cardano as well as many others this could be a nice start to 2023. ADA looks like it may well return to previous levels where it'll meet with the aforementioned descending trend line too - bagging around 15-20% in the process. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
2
ADAGBP 4HCardano (ADA) / Great British Pound (GBP) 4H Time frame What price does everyone think Cardano (ADA ) will reach to by the end of 2021? leave a comment below or send me a direct message. Just a quick analysis on its movement and by the looks of things i reckon its heading towards its support at 2.0429 . Like all my chart analysis ill be doing a update on its movements in the next couple of days so stay tuned. If you haven't already followed my TradingView page make sure to check it out and click the follow button. ALL MY ANALYSIS ARE MY PERSONAL DOING AND NOT FINANCIAL ADVIC E Thanks guys THE CRYPTO PLANET
A
by TheCryptoPlanet9
ADAGBPCardano (ADA) / Great British Pound (GBP) 1D Time frame I know i only uploaded a Cardano (ADA) alalysis less than 24 hours ago but this is just a update on the latest bullish trend. I believe its will rise upto 1.3000 before down trending to around the 1.0000 mark before turning around and heading bullish towards 1.4000 before again down trending down towards between 1.0000 - 0.8000. If you have any questions , tips or opinions about my analysis and brief please feel free to leave a comment below or send me a direct message. THIS IS NOT FINANCIAL ADVICE Thanks guys The Crypto Planet
A
by TheCryptoPlanet9
ADA/GBP 4HCardano (ADA) / Great British Pound (GBP) 4H time frame As you can see Cardano is going in a bullish direction. I believe there will be a tiny resistance that will lead to a short downtrend towards the 1.1000 mark before turning around back into its bullish direction towards 1.3000 - 1.3500. If you have any questions, tips or opinions about my analysis please feel free to comment below or send me a direct message. THIS IS NOT FINANCIAL ADVICE Thanks guys The Crypto Planet
ALong
by TheCryptoPlanet9
ADA ThoughtsI really like how solid the breakout of this descent was with the break candles also closing with a minimal wick. I think If Ada breaks above this 1.16 level with some clear momentum I feel the next resistance around 1.23 (+6%) will get hit very fast. I will then look for some sort of pullback from this area and would judge the current price action and area to decide if it is a good buying zone. Realistically if Ada makes the 1.16/1.23 area BTC has likely broken back above the EMA and for me, that is extremely bullish so I would be more relaxed about waiting for the "perfect buying zone".
A
by DutchyFX
ADA (short term prediction)A break of this trendline with Ada would hold a lot of psychological weight I think, especially if we can break with body and some clear momentum. We could see this +6.8% happen during the London and New York session or I think we are likely to see Asia pull through overnight making up the needed percentage so by late Sunday is a possibility for us to break out of this downward trend. Then our goal is to break out the £1.16 high. Ideally, find support around this level then we should have some steam behind us to make £1.34 giving us another new high inside the range before the push for £1.41 to breakout.
ALong
by DutchyFX
Super-simple breakdown of Cardano. (ADA)Quick and super-simple breakdown of Cardano. (ADA) Price is falling very correctively here so I'm keeping an eye on how Ada reacts to the 0.98 to 0.94 level as I'm speculating this to be the prime spot for the coin to jump considering the fundamentals. (As long as BTC plays ball lol) If we do break below the 0.94 level I think the price is likely looking to completely fill the wick targeting 0.75 to 0.70 again but let's wait and see. Just HODL your stack and buy more when you see an opportunity, for me 0.98 - 0.94 is a smart buying zone then I'd wait as I mentioned if we break 0.94 we will likely hit 0.75, and if BTC wants to drop which it might as we know other coins will follow a lot of the time much more aggressively so patience is key to get those sweet deals.
ALong
by DutchyFX
2