Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
ADA Price Analysis – August 17
Bullish trend may continue when the buyers, gain more momentum, the resistance level of $2.0 may be penetrated upside, the price may increase to $2.3 and $2.5 resistance levels. In case the bears exert more pressure, price direction may change to $1.8, $1.6 and $1.4 support levels.
ADA/USD Market
Key Levels:
Resistance levels: $2.0, $2.3, $2.5
Support levels: $1.8, $1.6, $1.4
ADA/USD Long-term Trend: Bullish
On the daily chart, ADA/USD is bullish. Cardano soars towards north after the formation of triple bottom chart pattern. Bulls continue to dominate Cardano market as the bear lose their momentum at the support level of $1.4. The former resistance levels of $1.6 and $1.8 has turned to support levels. Yesterday, the resistance level of $2.3 was tested after broken up the $2.0 level. At the moment, the price is pulling back to retest the broken level.
The price is trading above the 9 periods EMA and the 21 periods EMA and the two EMAs are well separated from each other as an indication of strong bullish momentum. Bullish trend may continue when the buyers, gain more momentum, the resistance level of $2.0 may be penetrated upside, the price may increase to $2.3 and $2.5 resistance levels. In case the bears exert more pressure, price direction may change to $1.8, $1.6 and $1.4 support levels. The technical indicator Relative Strength Indicator is at 80 levels with the signal line pointing downside which indicate sell signal.
ADA/USD Medium-term Trend: bullish
Cardano is on the bullish movement on the 4-hour chart. The bulls have pushed the price above the $2.0 level. The resistance level of $2.3 was tested yesterday but it seems the level is holding and the price may reverse. The price has tested the resistance level of $2.3 more than two times and it has no enough pressure to break it up.
The price is trading between the 9 periods EMA and 21 periods EMA as a sign of bearish reversal. The relative strength index period 14 is below 60 levels and the signal line shows sell signal.
You can purchase crypto coins here. Buy Tokens
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
