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CARDANO SIGNAL in Trading Signals_67f83ac065b44

CARDANO SIGNAL

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Cardano Analysis, May 04, 2025
Cardano on TF M15 shows that the price has just made an aggressive decline from the previous area which was a consolidation zone. A long bearish candle that cuts several previous candles shows a massive distribution action. Currently, the price is starting to experience a minor rebound to the supply area (green zone), which is the last bounce area before the breakdown. This zone is very important because it is usually a potential place for sellers to re-enter the market. Most likely, a rejection candlestick pattern will form such as a pin bar or bearish engulfing in this area.
Entry sell When the price reaches the 0.6950 - 0.6990 zone. Stop Loss: Place it slightly above the supply area, for example at 0.7005 - 0.7020, with a target at a price of 0.6860
#136 - May 04, 2025, 09:31:50 AM
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« Last Edit: May 04, 2025, 09:33:27 AM by Ikhtiar »

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Cardano Analysis, May 10, 2025
Cardano on the M15 time frame shows a very strong and stable uptrend. The price movement forms a pattern of higher highs and higher lows, supported by a price position that is far above the moving average line which also indicates buyer dominance. After experiencing consolidation in a narrow range, the price managed to make an upward breakout and is currently seen experiencing a minor correction.
Buy Cardano if it is corrected to the demand area at a price of 0.78124 with a stop loss placed at a price of 0.76620 and take profit at a price of 0.81099
#137 - May 10, 2025, 08:25:09 AM
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Cardano Analysis, May 11, 2025
Cardano on the M15 time frame the current price shows a corrective structure after a false breakout above the resistance. Note how the price briefly broke above the green area (which is the supply zone), but was immediately rejected and fell back below the zone. This indicates that the breakout was a false breakout, a classic signal that sellers are controlling the market at that level.
We can try to sell if the price returns to the supply area at the price of 0.83410 with a stop loss placed at the price of 0.84887 and a take profit at the price of 0.80872
#138 - May 11, 2025, 01:50:22 AM
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#139 - Today at 11:48:53 PM

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Cardano Analysis, May 17, 2025
Cardano on TF M15 Price action formed in the green zone with candles that tried to penetrate but were then rejected, followed by a downward wick rejection is an indication that buyers are still maintaining this level. As long as the price remains above this zone, the intraday bias will tend to be short-term bullish. If Cardano is unable to penetrate this demand area, we can try to buy directly in this area with a stop loss placed at a price of 0.75519 and take profit at a price of 0.77724
#139 - May 17, 2025, 10:50:49 AM
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Cardano Analysis, May 18, 2025
Cardano on the M15 time frame After entering the green area, the price seems to be starting to decline again. The candlestick that was created shows selling pressure with a long wick or upper tail, indicating that buyers are losing strength as they approach resistance. This is an early bearish reversal signal. Plus, the price seems to be starting to return below the moving average, which could be additional confirmation that sellers are taking control of the market again. We can try to enter sell now with our stop loss placed at 0.76722 and take profit at 0.74644
#140 - May 18, 2025, 10:07:45 AM
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Cardano Analysis, May 24, 2025
Cardano on the M15 time frame The main trend that is currently taking place on this chart is a very clear downtrend. The price structure shows a sharp decline, then the price starts to make a slow and unconvincing retracement. This is a common feature of corrections in a bearish trend. This movement often leads to a continuation pattern, which means that the previous trend tends to continue after the correction is complete. The nearest support is around the level of 0.7480 - 0.7500, which is an area where the price has bounced off several times. Sell if the price returns to the supply area at the price of 0.77582 with a stop loss placed at the price of 0.79427 and a take profit at the price of 0.75146
#141 - May 24, 2025, 01:11:52 PM
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Cardano Analysis, May 25, 2025
Cardano on the M15 time frame shows that the price tried to rise but then formed a candlestick pattern that reflects strong selling pressure. There is a possibility of a pattern like a bearish engulfing or pin bar with a long upper tail in the green area, which indicates that the market is rejecting higher prices and giving a bearish signal. In this retest process, the candlestick shows a narrow range, and there is no convincing bullish candle. On the contrary, the candle that appears shows a signal that buyers are losing strength, and sellers are ready to take over again. Traders can consider opening a sell position in the green resistance area if the price retests that level and forms a bearish candlestick signal. Entry around the 0.7430?0.7450 area can be ideal with a target in the next support area, around 0.7300.
#142 - May 25, 2025, 04:11:02 AM
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Cardano Analysis, June 01, 2025
Cardano on the M15 time frame The MA 200 direction is decreasing, indicating that selling pressure is still dominant and there are no signs of a legitimate reversal. Price action shows that after experiencing a sharp decline, the Cardano price has recovered and moved up to retest the supply/resistance area marked with the green block. This structure illustrates a typical correction in a downtrend, where the market is looking for price balance before continuing its main movement. On the lower side, there is a potential support area that can be used as a target for a decline. This area is around the last swing low point, which is near 0.6600.
Today's trading recommendation for Cardano is to try to enter sell now with stop loss placed at a price of 0.68374 and take profit placed at a price of 0.66048
#143 - June 01, 2025, 03:40:34 PM
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Cardano Analysis, June 14, 2025
Cardano on the M15 time frame reflects a very strong bearish dominance. The downtrend is marked by a sharp decline starting from the left side of the chart, where the price experiences a significant decline rapidly. After the drastic decline, the price appears to be moving in a consolidation or sideways pattern, but remains below the descending Moving Average line. Price action in the phase after the sharp decline forms a relatively flat and boring consolidation pattern, with a narrow range and decreasing volatility volume. We can try to sell if the price corrects to the supply area at a price of 0.6549 with a stop loss placed at a price of 0.66994 and a take profit at a price of 0.62483
#144 - June 14, 2025, 12:14:37 PM
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Cardano Analysis, June 21, 2025
Cardano on the M15 time frame The price movement into the green zone that I marked looks weak, without enough momentum. The candlesticks formed in it tend to be small, indicating the inability of buyers to push the price higher. This is often referred to as a distribution condition, where large market players start selling again after a retracement. So we can still sell now with a stop loss placed at a price of 0.58945 and a TP placed at a price of 0.56392
#145 - June 21, 2025, 01:01:27 PM
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#146 - Today at 11:48:53 PM

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Cardano Analysis, June 22, 2025
Cardano on the M15 time frame If we focus on the lower right part of the chart, especially in the area marked green as support, there are several small candlesticks with quite significant lower shadows. This indicates a price rejection from the support area, because buyers are starting to enter to hold back the further decline. so we can try to buy now with a stop loss at a price of 0.54392 with a TP at a price of 0.56256
#146 - June 22, 2025, 02:56:53 AM
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Cardano Analysis, July 05, 2025
Cardano on the M15 time frame shows that the price has experienced a phase of forming an upward retracement after previously falling quite sharply. However, the retracement began to lose momentum as it approached the supply area, and finally reversed direction. This is a common characteristic of the distribution phase in a market that is still dominated by sellers. We can try to sell if the price returns to the supply area at a price of 0.57819 with a stop loss placed at a price of 0.58486 and a take profit at a price of 0.56993
#147 - July 05, 2025, 09:56:32 AM
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Cardano Analysis, July 06, 2025
Cardano on the M15 time frame The main focus of the chart is currently on the area marked with a green box, which is a horizontal resistance zone. In this zone, a candlestick pattern is visible that reflects market uncertainty and rejection of price increases. Several candlesticks with long upper shadows (bearish pin bars) were formed in this area, indicating that every attempt by buyers to push the price higher was always thwarted by selling pressure. We can try to sell now with our stop loss placed at 0.57749 and take profit at 0.56391
#148 - July 06, 2025, 03:01:03 AM
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Cardano Analysis, July 12, 2025
Cardano on the M15 timeframe: At the peak of the movement, a candlestick with a small body and a long upper shadow is seen, indicating distribution or profit-taking. Subsequently, a large bearish candlestick appears, indicating significant selling pressure, sending the price sharply lower. Currently, the price is testing a key support area formed during the previous consolidation phase, right in the green zone on the chart. A candlestick with a fairly long lower shadow is also visible, indicating a temporary rejection in this area, although confirmation of a bounce is not yet fully apparent. We can try to buy now with a stop-loss placed at 0.67772 and a take-profit placed at the nearest resistance area.
#149 - July 12, 2025, 12:42:43 AM
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Cardano Analysis, July 27, 2025
Cardano on the M15 timeframe. From a technical analysis perspective, this price structure strongly supports a buy-on-dip strategy. The green zone can be used as an ideal entry point for a buy position. Traders can wait for additional confirmation such as a bullish engulfing candlestick, pin bar, or inside bar breakout pattern to strengthen the entry signal. Entry should be made when the price shows a positive reaction within the support zone. A stop-loss can be placed several points below the green area to protect the position if the price breaks below the support zone. We can try buying with a stop-loss placed at 0.81439 and a take-profit at 0.83718.
#150 - July 27, 2025, 01:54:03 AM
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