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CARDANO SIGNAL

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johnson timothy brian

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Based on the Bollinger Bands indicator on TF M30 today, Cardano looks overbought, that's why we can sell now with a stop loss at 1.18087 and a take profit at 1.13824.
#121 - February 11, 2022, 11:39:51 AM
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Ikhtiar

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Based on the Cardano chart on the M15 timeframe, the price movement shows a bearish trend with a series of dominant red candles before finally experiencing a bounce from the lowest level around 0.7940 - 0.7950. I think for today there is a possibility that Cardano will fall further and we can try to focus on finding sell opportunities
#122 - March 09, 2025, 04:28:11 AM
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Ikhtiar

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Cardanao main ren is still bullish with higher high. If the price corrects to 0.7350 - 0.7400, look for bullish candlestick confirmation such as bullish engulfing or pin bar to enter. Profit target around 0.7500 - 0.7550, and for stop loss we can put it around 0.7300
#123 - March 15, 2025, 04:29:23 AM
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#124 - Today at 11:43:58 PM

Ikhtiar

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Cardano is currently testing the 200 MA, which acts as dynamic support. The price formed a doji candlestick or rejection candle at the 200 MA, which could be an early signal of an upward reversal. 0.7300 - 0.7350 is a strong support area because it coincides with the 200 Moving Average. The trading recommendation for Cardano today is to enter a buy around 0.7350 - 0.7380 with a target price of 0.7450
#124 - March 16, 2025, 03:06:58 AM
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Ikhtiar

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Cardano is seen to have a fairly sharp downward trend. This is marked by a series of red candlesticks with large bodies, indicating very strong and sustained selling pressure. The price moved down from around 0.65200+ towards the 0.64300 area, indicating a significant decline in a short time. However, after reaching a low point, the price movement began to slow down and entered a consolidation phase in the 0.64400 - 0.64650 area. This phase indicates that the market is taking a breath after the previous strong movement, and has the potential to prepare for the next direction - either continuing the downtrend or experiencing an upward correction.
#125 - April 06, 2025, 05:50:55 AM
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Ikhtiar

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Cardano The consistent decline is seen from the lower high and lower low pattern, where the price continues to weaken from the range of 0.6450 to the lowest area near 0.5200. This shows the dominance of sellers who have been quite strong in the last few days. However, after reaching the lowest point, there was a significant technical rebound. The price began to rise and experienced a gradual increase, forming a structure of higher highs and higher lows - an early signal of a potential reversal. On the chart, the price has returned to the range of 0.5980 - 0.6030, which is close to the MA200. If the price fails to break through the MA200 and instead bounces down, it is likely to retest support in the area of ​​0.5750 - 0.5600. A decline below this area could open the way to key support at the level of 0.5300 - 0.5200.
#126 - April 08, 2025, 12:41:14 PM
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Ikhtiar

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Cardano is seen in a fairly strong uptrend, where the price managed to break through the MA line from bottom to top. However, this trend did not last long. After reaching its peak on April 8 afternoon, the price experienced a drastic decline and broke through the MA again downwards. Since then, the trend has changed to sideways with a slight downward tendency, where the price moves in the range between 0.5350 to 0.5750, there is a possibility that Cardano will fall again
#127 - April 09, 2025, 03:57:08 PM
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Ikhtiar

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Cardano shows that although the main trend is still bearish, there are early signs of consolidation and potential short-term reversal. Buyers seem to be taking positions, but failing to maintain the price above the 200 MA shows that selling pressure is still quite dominant. Try buying only if the price can break and stay above the 200 MA with a solid bullish candlestick as confirmation with a target of 0.6480.
#128 - April 10, 2025, 09:58:28 PM
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Caedano Analysis, April 12, 2025
Cardano initially moved in a fairly sharp downtrend. This is indicated by a series of lower highs and lower lows, as well as prices that are consistently below the Moving Average line. However, this trend changed significantly when the price managed to break out above the MA, which was an early sign of a potential trend reversal. The emergence of a long bullish candle during a breakout is a signal of great buying strength and determines the change in trend direction. If the price experiences a slight correction to the 0.6200 - 0.6100 area, traders can look for reversal signals such as hammers or bullish engulfing for buy entries.
#129 - April 12, 2025, 12:03:38 PM

Ikhtiar

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Cardano Analysis, April 13, 2025
Cardano is in a healthy correction phase in an uptrend, and the price reaction to the MA support will determine the next direction. It is better to be patient and wait for a confirmation signal before taking a large position. For buy entries, it is recommended to wait for confirmation of a bounce from the support/MA area with a bullish candlestick pattern. If a reversal candle appears such as a hammer or bullish engulfing, it could be a buy signal with a target of resistance at 0.6480 and 0.6650.
#130 - April 13, 2025, 03:20:43 PM
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#131 - Today at 11:43:58 PM

Ikhtiar

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Cardano Analysis, April 18, 2025
Cardano on M30 shows several candlesticks with long lower wicks, especially after a sharp decline, indicating buying pressure in the support area. However, there is no solid bullish reversal pattern such as a bullish engulfing or morning star. The patterns that appear tend to be neutral or indicate market indecision (doji, spinning top). This shows that although there are buyers starting to enter, they are not strong enough to significantly reverse the trend. If you are a conservative trader, you should wait for the price to break and stay above the MA line (above 0.6250) with significant volume before entering a long position.
#131 - April 18, 2025, 05:11:53 AM
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Cardano analysis on M15 time frame, April 19, 2025
Cardano on TF M15 shows a clear shift from a sideways phase to a strong bullish one. Initially, from April 17-18, the price moved flat and tended to be weak below the Moving Average line. However, since mid-April 18, there has been a breakout above the MA, followed by a sharp and stable increase to the highest level of 0.6337.
Trading Recommendation: Entry buy In the support area of ​​0.6215 - 0.6230, wait for a bullish candlestick signal (eg pin bar or bullish engulfing) SL Below 0.6170. TP: Initial target at 0.6330, continue to 0.6400 if the breakout is successful.
#132 - April 19, 2025, 12:59:39 PM
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Cardano Analysis on TF M15, April 20, 2025
On the right side of the chart, there is a row of long-bodied bearish candlesticks with quite aggressive decreasing volume. This is an indication of the dominant strength of sellers. No reversal patterns have emerged so far such as doji, hammer, or bullish engulfing, which means that the downward pressure is still strong. The main resistance is around the 0.6255 - 0.6280 level, which is close to the MA line and the last breakdown area. This will be an important rebound point if the price tries to rise again.
For short positions: Current conditions are more favorable for short selling, especially if the price pulls back to the resistance area and then fails to break through it. The take profit target can be directed to the next support area below 0.6200.
#133 - April 20, 2025, 01:34:43 PM
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Ikhtiar

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Cardano Analysis, April 21, 2025
Cardano on TF M15 In the transition phase from bearish to bullish, there are several candlestick signals that support a change in price direction. For example, a bullish engulfing formed after selling pressure failed to push prices lower. In addition, large-bodied candles after the breakout of the moving average indicate the presence of dominant buyers, strengthening the upward momentum. However, after reaching a new resistance level, several reversal candlestick formations such as shooting stars and small bearish engulfings occurred, indicating a potential retracement. The recommended trading strategy at this time is to buy on dip with a conservative approach. It is recommended to wait for the price to touch the support area of ​​0.6300?0.6320 while observing the formation of bullish candlestick patterns such as hammers, bullish engulfings, or pin bars. Confirmation of this pattern will provide a stronger signal for a buy entry. Stop loss should be placed below the 0.6270 area to anticipate false breakouts. The first target can be directed to the resistance of 0.6450, and if the momentum is strong, the further target can be raised to 0.6500.
#134 - April 21, 2025, 11:56:29 AM
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Ikhtiar

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Cardano Analysis, May 03, 2025
Cardano on TF M15 The chart shows a weak signal from the buyer side after failing to penetrate the dynamic resistance (MA) and supply zone. The "sell on rally" scenario or following the bearish continuation direction is the safest approach for now.
The current structure shows a tendency for prices to continue to decline after experiencing a failed retest at resistance. The combination of rejection in the supply area, a position below the MA, and a weakening price structure are strong signals for the continuation of the downtrend.
Entry Sell when the price shows a rejection signal in the green zone, or after confirmation of a new bearish candle. Stop Loss above 0.7045, and Take Profit at a price of 0.6910
#135 - May 03, 2025, 07:05:58 AM
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