Simple but smartHi guys
In addition, Bitcoin has a resistance in this area, the price is likely to decrease, but if this resistance is broken, you can also think of buying.
Do not pay attention to shadows
Please like and follow for support 🙏
ADABTC
ADA, CARDANO, DAILY TRADE, SIGNAL#ADA had a little recovery as result of opportunistic buying from those convinced the market has either hit, or is near, the bottom. Worth a trade but with caution as rejection at key resistance will send $ADA back to $1
ADABTC Long | ADABTC Short | You can trade long or short⬜ This is two trade what I took for ADA, Cardano on Delta Exchange. This is publish for my personal trading journal but maybe can be good for someone (I like to come back on my past trading and check what was good and what can be improved).
⚪ Trade is taken on weekend when mostly is low volume and when I saw possible Elliott Wave idea and this least for me is not new trend to break ATH I jump in Long. Have trade plan where to place Stop Loss, and what is my Targets.
Taking profit I done based on my plan for trade, again using harmonic pattern indicator and already some possible resistance level.
When reached last preset target (180% ROI) I close all trade.
⚪ Same happens for Short trade. When I saw rejection.
I saw rejection from weekly resistance and based on last long trade, this is not impulse wave, maybe just larger correction, I took short trade when I saw strong rejection and didn't bounce from 1st support (expected maybe will broken resistance flip to support).
Break bellow expected resistance, tested, can't break above (perfect for entry) and continue trend down.
Rest of this trade is on chart where and why I took some profits.
Remember ALWAYS plan your trade and trade your plan. Use Stop Loss and have Targets where you will take profit. Don't be greedy and don't forget to take profit off the table.
ADAUSDT-LONGBased on technical factors there is a long position in :
ADAUSDT Cardano
Score 2️⃣
🔵Long Now or set on Key Level 1.000
🟢Target 1 1.150
🟢Target 2 1.330
🟢Target 3 1.620
❌Stop loss 0.910
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
ADABTCADABTC already come to Cypher and maybe is ok to watch this area for long. We see nice confluence with golden pocket too.
I hope will not visit 0.886 fibonacci where to come to PRZ (potential reversal zone) for Deep Crab harmonic pattern.
Stay safe and good hunting.
Cardano ADAUSDT - Entered bearish territory + Head and Shoulders- Cardano is not looking good at this moment.
- We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021.
- Head and Shoulders pattern just broke down with strong momentum!
- Also the impulse Elliott Wave finished with 5 waves successfuly.
- The price is below the main trendline established in March 2020.
- Next support is 0.39 USD, which is another drop about 63%.
ADAUSDT | Two great places to invest🔥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.
In the latest count that we did, waves 1, 2, and 3 were formed, and ... wave 4, wave 4, as we said before, has a zigzag-shaped structure, and from this zigzag, wave a is formed in a triangular shape, and wave b has a zigzag structure, but in terms of time, the ratio To other waves it is abnormal.
The ratio of wave a to the wave c has been equal in terms of time, structure and amount of downward motion.
Wave c, like wave a, forms a triangle, and this triangle is finished.
In our opinion, this recent ascent is related to microwave 1 of wave 5, which has broken the upper side of the triangle to some extent, but there is still a trend in this area, which will probably be related to microwave 2.
After breaking the upper side of the triangle, the ascending motion will be confirmed for microwave 3 and will move to the next area, ie around 2.00, and if this area breaks, wave 5 of wave 5 will also be confirmed and the ascending process will continue to 3.665.
If the end of wave 4 is broken, this possibility is fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
#ADA continue to dumps as #BTC gave a major push down.#ADA continue to dumps as #BTC gave a major push down. Price reached the major support area which we're anticipating. Currently, bulls are trying to take control but those who bought at support, must use the stops below the zone.
By @CryptoAXEN
ADAOn a daily TF, by breaking two resistance levels in the range of $ 1.37, the upward movement starts, and this upward movement can continue until the collision with the big trend or the static resistance of 1.75. In case of pullback to 1.40, you can have short-term entries.
ADAOn a daily TF, Cardano created a good trading volume in the previous daily candlestick. Now I expect correction up to the $1.3 range so that you can enter. If it increases and exits the descending channel, you can enter in the range of $1.5 in a pullback.
$ADA, UCTS signalling a new buy after the fakeout$ADA
Take two.
UCTS signalling a new buy after the fakeout
I took it already but if you want to add a second layer of security, aim for a breakout above the green area..
#ADA
ADAHello Everyone...
ADA is moving in a descending channel currently and so there was a bullish divergence on a lower low into 2D Demand zone .
It just resulted in a nice push to the upside.
Expecting this to stall at around 1.6 then I'll see what develops.
📚 Two main opportunities I'm looking at for a long:
- Reclaim resistance between $1.655- $1.708 (would be a break of the channel resistance also)
- If we drop back and develop equal lows within the 2D demand, I may look at a long there also.
📌 Also I would point to an aggressive SHORT if we lose the bullish momentum on channels higher head back to the 2D demand !
ADA Cardano price target ADA Cardano bounced from the strong support area after being oversold.
It also formed a bullish divergence.
Price target is the $1.46 resistance.
Looking forward to read your opinion about it.
Simple but smartHi guys
The price hit the ceiling of a valid channel. It only makes sense to buy if the channel is completely broken upwards
I think it is a mistake to buy until the price leaves the channel
Please like and follow for support
ADABTCThe price has broken line and i think it's wave B of correction. Look at indicators. It can affect on ADAUSDT, so i think ADAUSDT wants start to fly. Be careful about your position.
ADABTC#CARDANO #BULLISH retest the broken support level.
I see a hidden bullish divergence in weekly
I bought some here and ill wait for confirmation for revers. then I will add more.
targets marked on the chart
remember BINANCE:ADABTC its weekly chart
CARDANO AnalysisOn a daily TF, the trend is negative, and the positive point is that it has penetrated the previous floor in the range of $ 1.2, and the downward movement will be weakened. In case of re-correction, be sure to enter in the range of 1/1 and $ 1, and in case of an increase, enter when it breaks the negative trend line and resistance of $ 1.5.
Cardano AnalysisOn a daily TF, #ADA is in a downtrend. You can enter if #Cardano leaves the channel and breaks the $1.56 resistance, and in a case of correction, the $1.1 and $1 ranges are good opportunities for buyers.
ADA bull and bear scenarioHello,
In this TA, i show my own view how i see ADA will perform and move in this left part of the bull cycle and on the coming bear cycle.
Cardano seems to have entered the last wave of fallingOn a daily TF, the trend is negative. #Cardano seems to have entered the last wave of falling, which can be suitable for #buying. The floor of $ 1.2 is broken. There is a possibility of testing in the range of $ 1.1 and $ 1, and you can enter those ranges. #ADA also has the potential to create a positive divergence on a daily timeframe.
ADA - Outlook (as you asked) ✅Let's see how ADA is behaving.
This is a 4H chart.
The Fib retracement shows that the price had a pump and now retesting a resistance level.
The market is showing SELL volumes for ADA. We might see an uptrend breakout after more consolidations.
Two resistance levels push down on value, and two support levels hold the price high and show 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 above 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: $1.281
Let me know your ideas.
Good luck.
ADA. Read the description before taking any action. Looks like ADA is trying to break below 1.19. Short on strength strategy should be adopted.
Trade Plan: If it gives a daily closing below 1.19, short it for the target price of $1.04-0.94. That is a major support.
Stoploss:4h closing above 1.25.
