Technical analysis by thesharkke about Symbol ADA: Buy recommendation (5/22/2025)
https://sahmeto.com/message/3539989

thesharkke
Rank: 1651
Analytical Power:
2.5

Hello,Cardona is setting up for a bullish rally which is a continuation of the current move. Most of the crypto coins are lagging the Bitcoin market. We see the current price as a great opportunity for ADAUSD crypto investors to enter this asset. Buyers can look for $9,150 as a target point for early exits representing a 16% upside potential. Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.The Moving averages and the MACD indicators all support for a bullish move for this pair.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$0.9523Stop Loss Price
$0.7Price at Publish Time:
$0.78633