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Cardano [ADA] Cryptocurrency Price Prediction and Analysis - Feb 23 2022
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 trade idea from the 23rd remains open and pending. No new trade ideas were identified.
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Trade-Ideas
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(Weekly Ichimoku Chart) - Jan 24th
Buy Stop/Limit/Market @ $0.88 - $1.12
Stop Loss @ None (if DCA) or $0.77
Profit Target @ None (if DCA) or $2.22
($0.05/3-box P&F Chart) - Feb 23rd
Buy Stop @ $1.00
Sell Stop @ $0.85
Profit Target @ $1.50
*optional two to three box trailing stop is an option
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Dollar-Cost Averaging
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Buy Limit @ $1.21
Buy Limit @ $0.89
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