Cardano ADA Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Cardano ADA without Cardano ADA news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Cardano ADA prices action only in a live market setting.
The Cardano ADA Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Cardano ADA are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Cardano ADA is not limited to just those methods and theories. Cardano ADA news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Cardano ADA price trade ideas with Point and Figure identify the box size and reversal amount. Any Cardano ADA price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Cardano ADA price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.
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The buy stop order from the 9th triggered and did marvelously, and invalidated the sell stop idea. The long entry from the 6th is still active and open. New short idea was identified.
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Trade-Ideas
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(Weekly Ichimoku Chart) – Dec 6th
Buy Stop/Limit/Market @ $1.18 – $1.44
Stop Loss @ $1.03
Profit Target @ $3.00
(Daily Ichimoku Chart) – Dec 15th
Sell Stop @ $1.19
Stop Loss @ $1.25
Profit Target @ $1.00
*the daily must close at or slightly below $1.19 to be a valid entry
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Dollar-Cost Averaging
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Buy Limit @ $1.21
Buy Limit @ $0.89
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