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ADABTC

Cardano vs Bitcoin Chart Analysis (ADABTC #7)This is a tough spot here, I will say it before even getting started. We have the support level marked on the chart. This support level was hit back in July and this lead to a very strong bullish bounce, 100% of growth. Then we got a correction and this one has been really strong. The way the chart is looking, we are likely to see more blood (red) on this pair. The indicators are bearish and the structure is bearish, the trend as well. Long-term is bullish but we are looking at it short-term. Conditions for change When can this chart be considered bullish? A strong bounce at support with really high volume can be a good signal to start. The RSI and MACD both on the bullish side as well. Moving and closing above EMA50 would be very important to see the bulls taking back control. Other than that, even after a small bounce, prices are likely to continue to drop. Namaste.
by AlanSantana
5
Cardano (ADA) Update 26/10/21: $4.40 Target🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4. 40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support. Our current targets for Cardano (ADA) from the current price level @ $2.18. 127.20% fibs @ $3.67 (67% Gain) 161.80% fibs @ $4. 40 (101% Gain) 261.80% fibs @ $6.51 (197% Gain) EOY/Q4 Target at the full fib extension 423.60% @ $9.92 (356% Gain from the current price level @ $2.18). Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :) Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :) Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :) Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
ADA/USD - Stuck in a tight range, bearish bias for now...ADA left the descending channel and ended up in a very tight range between $2 and $2.2... see in blue. Even if we break from this range, we're stuck in a much larger range set back in September from $1.9 to $2.4... The indicators are a bit bearish in my view. Particularly the volume gives no indication of a rally anytime soon. The OBV indicator (in pink) has been bearish with the pink line trending under the moving average in white. Therefore, unless this changes, a re-test of support under $2 is more likely than a rally to $2.4. MACD also wants to cross on the negative, unless volume picks up. Time will tell. Like and follow if you liked this idea!1
Short
by DU09
ADA/USDT and ADA/BTC - what's going to happen now 😱❓From all indications, this is not the best time to buy altcoins, every rise is met with resistance and at every high, there is a lot of volume, which signals the big players are closing their positions. But at the same time, ada/usdt and ada/btc have a completely opposite pictures on the charts. The ADA/USDT chart on the technical analysis side says that there will be a fall, as every attempt to break the trend line and start rising ends up being a bull trap. Now the price approaches the support line and starts squeezing, this is a signal for a breakdown. There is a falling wedge on the ADA/USDT, which is a bullish pattern, plus the price is pushing up against the upper boundary and getting ready to break through it. This is a good signal for growth. It will be interesting to see how the price behaves now Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
22
Cardano ADAUSD - Elliott Wave + Rounding Bottom!- Cardano is currently breaking out to new ALL TIME HIGHS! - On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs. - Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish . - We will experience an acceleration to the upside in a few days! - Profit target is 0.618 FIB extension, which is around 30 USD - 1000%. - Cardano made a huge rounding bottom or cup and handle on the weekly time frame. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, we are currently at the 5th impulse elliott wave! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:ADAUSDLong
by UnknownUnicorn2537518
3
ADAUSDT Technical Analysis⏳ Spot 💎 ADAUSDT has formed a symmetrical triangle, The price has got rejected from the bottom of the triangle and the large green candle shows there is a potential that the market can move higher . 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 2.000 ☕️ TP1 2.444 🍺 TP2 2.900 🍻 TP3 3.500 🍾 TP4 _____ 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 1.900 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
ADA will move soon! Keep an eye on thisHere's a quick Look at ADA 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: 1. 2.3$ 2. 2.37$ 3. 2.44$ 4. 2.57$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
4
ADA/USD - Massive bearish divergence! Be careful!😱ADA has painted a massive bearish divergence on RSI (see yellow arrows). This is bearish, particularly when it happens on weekly timeframe, BTC had the same and it crashed 50% this year... Moreover, the MACD moving averages just did a bearish cross on weekly as well... last time this happened, it took ADA two months to return on the up-trend... This is not the time to buy ADA hoping for MOON... this is when you wait. We need clear signals to return and buy ADA. What can those signals be? First price is in a range between $2 and $2.4... we need to BREAK OUT of this range, above $2.4 to get confidence on any future pump. Secondly, the support at $2 also has to hold, if that falls, then there will be very little hopium left for bulls... as ADA will likely explore lower levels... Right now we seem to exit our descending channel and go sideways, this is good for bulls. The overall market is bullish, and this can help ADA from a deep correction. Time will tell, but the indicators are clear to me. Bias remains bearish so long we are under $2.4. Like and follow if you liked this idea!
Short
by DU09
11
Cardano (ADA) - October 16Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ADAUSD 1W Chart) - Mid-Long-Term Perspective Above 0.918 point: expected to continue uptrend Above 1.398 point: Expected to create a new wave. (1D chart) Resistance range: 2.486-2.647 First support section: near point 2.005 Second support section: 1.363-1.524 If the price holds above the first support level, it is expected to move upwards along the uptrend line. A decline from the 1.891 point may touch the second support area, requiring a short-term Stop Loss. However, it can touch the uptrend line and move up, so you need to think about how to react. I think the resistance section is an important section that determines the trend. So, if it rises to the resistance section, you need to check the flow. ------------------------------------------ (ADABTC 1W Chart) - Mid- to long-term perspective 1593 Satoshi - 1944 Satoshi or more: Expected to continue upward trend 2982 Satoshi point and above: Expected to create a new wave. (1D chart) Resistance section: 4675 near Satoshi point Support section: 3251 Satoshi-3607 Satoshi section I think the most important section is the 2147 Satoshi-2982 Satoshi section. However, if it falls from the support zone, there is a possibility that it may break out of the uptrend, so a short-term Stop Loss is necessary. However, if support is confirmed in the 2147 Satoshi-2982 Satoshi section, which I mentioned as the most important section, it is necessary to consider whether it is possible to buy. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of 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 yet been released. (Because it is not public, 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.)
BINANCE:ADAUSD
by readCrypto
ADA to BTC Longing ideasI am oh so very tempted to take a long on adabtc... however because we are at the start of a potential strong run against BTC then maybe that would not be wise. I could see a nice bounce off the higher box, but upward growth could be short lived if BTC continues its rally. Also if BTC 2x in price like many think it will over the next 30-60 days then we could see these rations totally bleed and maybe hit the second lower boxs..which is about a 50% drop from current rates. Its always hard to tell. I wont place a long till I see a buy signal print and a clear reversal and will make a stop loss so tight you wouldn't believe.
Long
by BlockchainBreakdown
1
ADA usdt Tecnical AnalysisI stated the target as 1-2-3, but it will not reach these targets. Target 1 might be the entry point. It's not a coin I like, but it hasn't been in action for a long time. Assuming it moves within a channel, it also coincides with the Fibonacci levels we predicted. In this case, the region we specified as Target 1 in the previous chart will work as support. I'm waiting for the price to return from here. If there is no decline that will invalidate all these assumptions, a bat pattern will emerge. So our selling target will be around 2,400, which is in line with the average 2.618 fibonacci levels. Considering that it has not been able to start a trend for a long time, I think this target level will be just a start of ignition. It would be right to make a re-evaluation when we see the main target of 2,400 prices. Of course, it is inevitable that there will be a pullback at the price of 2,400. I would like to point out that I have also observed that there are large amounts of money flows to matic and the ada on Money Flow. Note: This is not investment advice.
Long
by CryptoBrainn
3
ADA is top heavy against bitcoinADA-BTC big picture charts actually allows for up to 90% correction from these levels. In the short to mid term up to 40% correction is expected. If crypto bear market starts this could be one of the best shorts on the market, it reminds me so heavily of xpr-btc in 2017. Cardano pumpers are looking to make themselves a fun September, as this month there are some news about platform developments: finance.yahoo.com It could turn out to be a sell on news events, watching this with interest.
Short
by Owcheew8
ADA/USD - Correcting towards support at $1.9, will it hold?Support level: $1.9 Resistance level: $2.4 ADA is in a corrective pattern within a large downtrend channel. Price will likely re-test support at $1.9 before any uptrend will resume. This channel can also be interpreted as a bullish flag, but for that to confirm, we need to break above it and make it support. If that happens our next key resistance is at $2.4. Indicators: Volume: Mostly flat and waning. If this continues, the strength of this downtrend will weaken and allow for a reversal once we approach support. RSI: Falling on daily timeframe, therefore, the short term view is bearish. Wait for a reversal before considering an entry, particularly once we approach support. MACD: Losing strength on daily timeframe and likely to cross on the negative side in the next day or two. Do not enter a long here so long we’re in the channel. Bias: Bearish so long we remain in the channel and we fail to break out of it. On weekly timeframe, ADA just did a bearish cross on MACD. This may indicate we will have a bearish trend for some time, particularly if we break under our $1.9 support. Be cautious on taking any longs for that reason and use tight stop losses. Don’t exclude a bounce towards $2.4 if price breaks above this channel, however once there price can be pushed lower again in line with the weekly MACD which remains bearish. Price prediction for ADA: Considering ADA had a massive pump this summer to $3, it now finds itself in a correction. This may last a while, so don’t rush to buy until we have good confirmation of a new up-trend. Breaking above our downtrend channel would be a good start towards that at which point we can set some good targets. Right now $2.4 is your best bet. Like and follow if you liked this idea!
Short
by DU09