ADA CARDANO - Updated Big Chart Believe it or not, despite the huge rise, this is now AGAIN a great entry point!
I am trying to keep it simple guys, extra simple, no indicators, not fancy words, no rocket science here (at least what you get to see from me anyways).
Hope it helps, hope it works.
One Love,
the FXPROFESSOR
ADABTC
CARDANO: BULLISH TREND - CARDANO IS UNSTOPPABLE ! LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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ADA/BTC Cardano is begging you to BUYI believe ADA/BTC looks extremely attractive right now. I recently posted about ADA/ETH and while it is up slightly, ETH is way too bullish right now for Cardano to make a strong relative move.
In our first bull move (#1), we appreciated 33% and retraced to the 0.5 line.
Bull move #2: 19% appreciation, retrace to the 0.382 line.
Bull move #3: 11% appreciation
I believe the compression of these rises bodes very well for ADA/BTC and meanwhile, we have cupping action that makes me more confident in the bullish support. Strong resistance around 0.00003170 has been tested and few times and the sellers should be nearly washed out by now. I expect a break of this line and a sharp rise to at least 0.00003465.
Even if we break below the lower trendline, I will not be concerned. If we break below the previous structure low at roughly 0.00002870, I will begin to reconsider.
TP1: 0.00003465 (+12%)
TP1: 0.00003547 (+15%)
- Sultan of Chart
Published trade stats:
Wins: 2
Average gain: 8.5%
Losses: 0
Pending: 3 (including this idea)
ADA Buy a break setup.ADAUSDT - Intraday - We look to Buy a break of 1.851 (stop at 1.777)
Daily signals are bullish.
Price action resulted in a new all-time high at 1.830.
Price action continues to trade around the all-time highs.
Posted a bullish Flag formation.
A break of 1.850 is needed to confirm the outlook.
We look for gains to be extended today.
Our profit targets will be 2.061 and 2.161
Resistance: 1.850 / 2.000 / 2.100
Support: 1.700 / 1.600 / 1.500
ADA/BTC Update: Breakout of consolidation flag. What's next?Cardano broke out of it's Head and Shoulders pattern some weeks ago.
We've seen a consolidating bullflag which stayed for some weeks.
Finally ADA broke out of it and continues it's upwards move.
Smart contracts are set for August this year which is still some time.
Since we did not breakt fully through the nearby resistance we also could see a pullback before we finally get through.
Cardano is one of the most bullish longterm coins.
Already done:
- Mary Hardfork
- Coinbase listing
- Africal Special
- 100% decentralised
Upcoming:
- Smart contracts
- Grayscale
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Cardano / btcDo you guys think that cardano’s correction is going to end??
📍 Based on time analysis I have set 2 very important dates for the end of correction waves of cardano
🕔 this may not happen on the exact dates but we should be aware to see the market’s reaction on those days.
📍 we can clearly see the first and third E-Wave on the chart; thus another 5th wave still remains.
⚠️⚠️⚠️my charts does not recommend any buy or sell signals please do not open any positions based on my signals
🤞🏽Wish everyone luck 🤞🏽
🤔 ask me if you have any questions please 🤔
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
ADA breaks out of long consolidation, 25% up move expected at leThe breakout of the symmetrical triangle with the boost of volume might continue the bull run further but in a larger picture, the breakout of the consolidation range was accompanied by a decrease in volume and the losing momentum that can drive the price lower. Early investors/traders must wait for a retest.
Support - $1.54 and mentioned EMAs