Hi dear traders
The price moving in Ascending Wedge and we can see bearish divergence between price and RSI.
Volume is divergence with price.
This scenario possible for ADA movement.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The price moving in Ascending Wedge and we can see bearish divergence between price and RSI.
Volume is divergence with price.
This scenario possible for ADA movement.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
The price return and retest the bottom of ascending wedge, it seems pattern confirmed.
We can open short position with appropriate stop loss. The 0.8 support area looks weak after testing it a few times and it is likely to break.
Let's see what happens.
We can open short position with appropriate stop loss. The 0.8 support area looks weak after testing it a few times and it is likely to break.
Let's see what happens.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3814 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Finally the price breakdown wedge and hit tp1.
Now According to the scenario we expect, the price has started a downward movement
Now According to the scenario we expect, the price has started a downward movement
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3492 hit ðŊ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
We take profit and close short position
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The price close the middle of the Ascending channel 0.3
If breakdown this area then go down to support area.
If breakdown this area then go down to support area.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Hi dear traders
ADA reached midline of ascending channel, and support area 0.3
We can open long position with suitable R:R
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
ADA reached midline of ascending channel, and support area 0.3
We can open long position with suitable R:R
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
We got 16.2% profit from the first entry.
Save some profit now
Save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Hi dear traders
Cardanoâs downtrend came to an abrupt stop this week and registered a 10% price increase. This is a significant change in the price action that was bearish a week ago.
With buyers on the offensive, it seems that the key resistance at 35 cents may not hold the price down for long, and a breakout can be expected in the coming days. The current support is found at 30 cents.
Looking ahead, ADA is turning bullish and may soon attempt to break the key resistance, which could open the way toward 38 cents next. Should that be successful, then the most significant level on the chart will be the key resistance at 42 cents.Â
We opened a long position at 0.3 and took profit step by step.
Our scenario is still active
Let's see what happens
Good luck
Cardanoâs downtrend came to an abrupt stop this week and registered a 10% price increase. This is a significant change in the price action that was bearish a week ago.
With buyers on the offensive, it seems that the key resistance at 35 cents may not hold the price down for long, and a breakout can be expected in the coming days. The current support is found at 30 cents.
Looking ahead, ADA is turning bullish and may soon attempt to break the key resistance, which could open the way toward 38 cents next. Should that be successful, then the most significant level on the chart will be the key resistance at 42 cents.Â
We opened a long position at 0.3 and took profit step by step.
Our scenario is still active
Let's see what happens
Good luck
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The first target was achieved, we gained 27.78% from the first entry
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The price near second target 0.41 save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp2 hit ðŊ
We take profit 37.65% from first entery
Save some profit now
We take profit 37.65% from first entery
Save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp3 hit ðŊ
We take profit 51.14 from first entery
Save some profit now
We take profit 51.14 from first entery
Save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Hi dear traders
After take profit in long position, now price moving in descending broadening wedge.
This is possible secnario to return to support area
Let's see what happens
All targets specified
After take profit in long position, now price moving in descending broadening wedge.
This is possible secnario to return to support area
Let's see what happens
All targets specified
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3375 hit ðŊ
Save some profit now
Save some profit now
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Hi dear traders
ADA rose to 0.41 resistance after reaching 0.3775.
Now the 0.37 area is very important
If this area is missed, the next targets are reachable.
Let's see what happens
ADA rose to 0.41 resistance after reaching 0.3775.
Now the 0.37 area is very important
If this area is missed, the next targets are reachable.
Let's see what happens
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
ADA in LTF
If breakdown 0.385 support area, then l expect price go down like this ð
Let's see what happens
If breakdown 0.385 support area, then l expect price go down like this ð
Let's see what happens
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Breakdown 0.385
Tp 0.3833 hit ðŊ
Tp 0.3823 hit ðŊ
Tp 0.3833 hit ðŊ
Tp 0.3823 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Next target 0.37
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.37 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3658 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.36 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3556 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Hi dear traders
ADA is returning to the range of support
We have two scenarios
1. Return from the 0.3 range
2. Reaching the 0.23 range and reaching higher targets, including the $1 range, provided this support zone is maintained.
Let's see what happens
All targets specified
This is not financial advice
ADA is returning to the range of support
We have two scenarios
1. Return from the 0.3 range
2. Reaching the 0.23 range and reaching higher targets, including the $1 range, provided this support zone is maintained.
Let's see what happens
All targets specified
This is not financial advice
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
First target 0.359 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.3483 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp 0.331 hit ðŊ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
Next target
Tp1 0.301
Tp2 0.275
Tp3 0.236
Tp1 0.301
Tp2 0.275
Tp3 0.236
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp1 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp2 hit ðŊ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Tp3 hit ðŊ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
Full Target
Good luck ðĪ
Good luck ðĪ
This area is strong support.
Let's see how it react