ADA/BTC has started its move!!!GUYS, im excited to share this with you! This is a falling wedge on the daily timeframe of ADA/BTC and we are on the verge of breaking it this time. Whether we break it today or get rejected today, there is one thing thats guaranteed and its that the breakout is inevitable. a breakdown should be impossible as it would mean that ada/btc would drop to like 0.00001 and below. People that call ada trash might probably say it IS going 0.00001 but i dont see it possible. The more hate ada gets the more bullish that is. The breakout target of the falling wedge is 0.00003. ADA TO THE MOON
ADABTC
CARDANO - Consolidation (Updated) ✅Let's see how ADA is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has moved up, and now it's rejected by resistance. Two support levels are holding the price up.
It's not confirmed yet, but we might be forming a bullish flag here.
Support levels: $0.88 - $0.94
Resistance Area: $0.97 - $1.00
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for ADA.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that ADA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.950
Let me know your ideas.
Good luck.
CardanoPrice is still moving as expected. There's a flat corrective pattern from sub wave AB. I'm expecting price to go down the 5th wave area. From your there we expect the completion of the price correction to wave C.
ADA/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ADA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ADA/USDT is a bullish falling wedge pattern conform and retest
Entry:- CMP and green zone
Traget:-15% to 20%
Stoploss:- $0.85
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
HOW LOW CAN CARDANO GOThe favourite coin of majority in the crypto space looks to be having a hard time.
Here is What you need to know for a reversal to take place.
We either have a Running flat correction or a Expanded Flat correction in play.
Depending on which fib level we get that reversal, it's uncertain to say where the bottom is for now.
However, we know that if price fails to get a bounce here, we have the 123.6 fib region next to find support, and if that fails we have the 161.8 fib support to get a reversal next.
Worst case scenario is the 1.618 fib support.
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ADA(Cardano) : DO OR DIEADA is currently testing its 1$ Support zone. This zone has been tested multiple times and it has been holding so far. Cardano must continue to hold this Zone Else #CardanoWinter will get started.
ADA is forcing the top (ADAUSDT)ADA is forcing the top of the blue channel, if it breaks the channel, its target may be 1.30, if not, it may come back towards its target 1.00
I'm using Fibonacci circle , Fibonacci levels , Fibonacci channel to create this analysis so Dont think that this is just figment
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ADAUSDT | The best scenario for climbing📝Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we had, waves 1, 2 and 3 were formed and now we are inside wave 4.
Wave 4 is zigzagged and from this zigzag the a and b waves are terminated.
Wave a is formed in an almost normal structure and wave b is temporally unbalanced.
Anyway, now we are likely to be inside wave c, and this wave c will be in the form of a leading triangle according to the pattern it has formed. If the range of 1.357 is not broken, the probability of this decline will be.
Then we will climb for wave 4 to the upper side of the channel and descend again for wave 5.
We know the final target of the correction is around the price of 0.800 and we will consider the beginning of the climb as the breaking of the purple channel ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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ADAUSDT - SETUPADAUSDT's price has a good solid bounce from a strong support zone which acted previously well. Now for the bulls, the big challenge is trendline resistance. If they successfully moved towards that trendline they can easily manage to break it and will try to continue the momentum towards 1.75 area. So buy on dips will be a good strategy.
💥CARDANO BREAKOUT - TARGET AT $1.310Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Cardano Signal - Buy/long
Entry zone - $1.17 - $1.19
Stop loss - $1.135
1st take profit - $1.30
2nd take profit - $1.310
Leverage - 5x - 7x
In my last post on Cardano, price was at the resistance and I was expecting either a breakout from it or a drop to support.
Price broke out of the resistance and the consolidation zone and it’s heading to the next resistance ahead.
Therefore, my next target for Cardano is $1.310
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
ADAUSDT RELONG FASTADAUSDT is situated into a huge falling wedge . In 16 january 2022 the price broked the resistance line but can't retested it to turn support , goes down again on the wedge but the setup at the moment it s more bullish Because:
You have all the way bullish divergences on ADA/USDT Daily,2Days,3 Days up to 6 Days timeframe . Which is really really huge
Lot of new upcoming events and news come for ADA
DJI at the moment it s dropping so it s a good way to choose ADA , Dji also need to bounce back for an upward correction
BTCUSDT is situated like ada into a falling wedge which means BTC will go up when will pass the resistance line of wedge .DJI bounce back=will trigger BITCOIN UP, and BITCOIN will trigger up ETH and altcoin market.
Cardano (ADA) - January 3Hello?
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(ADAUSD 1W Chart)
Above the 0.476 point: the uptrend expected to continue
We need to see support above the 0.918 point and see if we can move above the 1.316 point.
A decline from the 0.918 point is expected to touch the uptrend line passing near the 0.663 point.
In order to create a new wave, a sideways movement should appear in the 0.918-1.316 section.
To turn into an uptrend, it must move above the 1.316 point.
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(ADABTC 1W chart)
0.0000 1593-0.0000 1944 or higher: Expected to continue upward trend
Above 0.0000 2982 point: Expected to create a new wave.
If it fails to move above the 0.0000 2982 point, it could fall near the 0.0000 1944 point, so trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BTC Ended at Target. Overview of BTC, BNB, ADA and OthersNot in BTC currently. took ~2% loss on small position at the timeframe change. I wanted to see the buy up from there to increase position, which did not happen. I am technically still in AMD call options, which could be brutal tomorrow.
I dont like this unless we can return to the start of the Week candle open. Which I feel is unlikely because of what is described below and in video.
BTC ended 4 bucks above my target of 37,910. Week buyers did not come in. The week candle is set up in a way that it is bullish when it is at its opening spot of 37,914 (bitfinex). The big issue for me here is that no other timeframe really says to buy the price up without conflicting with another timeframe. The targets are all over the place, which i think will make the movement most likely downwards and choppy. Also the other target for BTC bounce from the week perspective (bitstamp 500 hull) would be 33,600 (around there). The issue with that is on every other timeframe we are out of the channel. I just don't see a reason for people that trade on the week to want to put in any sort of amount of money to be able to push this up against every other time frame.
Also there are a bunch of alts that are in very sketchy spots for their ALT/BTC charts. The ALT/USD pair was already struggling and I think we will have a chain reaction here, sending us downwards. Support and resistance between every timeframe is arguably bad and conflicts, mixed with people cycling out of their alts into BTC and then back into USD.
I explain what I wrote in the video, but if you want to see the alts, just skip through a bit.
Main Idea Update Page:
If you want to copy the Schiff Pitchfork:
ADA/USDT 1 DAY UPDATEWelcome to this quick ADA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ADA/USDT triangle pattern create
Entry:- 1$, 1.11$,
Traget:-
T1:- 1.67$,
T2:- 1.99$
T3:- 2.21$
T4:- 2.69$
T5:- 2.96$
Stoploss:- .70$
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ADA - My ViewAs you can see, there is a downward trend in daily timeframes. Its overall downtrend line has not yet been broken. Just hit this line and react. Another downtrend has been broken, and its resistance and support points have been identified.
I think the holders who bought Ada are always thinking about how it will move, but ADA has strong support, and its exchange is up and running, which has alleviated the concerns.
As you can see, in part I showed you on the chart, there was a price action and a confirmation that it could pull back and break its secondary downtrend line. During that five days, it has made almost 28% profit.
As you know, Cardano has had a high volume of input in the last two days.
I predict a good future for it, and I'll update it.
⚠️⚠️⚠️If you trade, be sure to proceed with risk and capital management and be sure to use Stoploss. High leverage is very risky, and I advise you not to be greedy. Follow the experts and get guidance. This attractive market is one of the ways to make money if you go calculated.
CARDANOADA is still fluctuating in the downtrend channel and will not rise until it exits from it. It is currently engaged in $1 support, and the trading volume is very high. Because the intrusion was created under the protection of one dollar, it is possible to penetrate again under this protection. The floor of the channel is in the range of $0.80.
I recommend entering by steps in the range of $0.80.