ADABTC
ADA Ascending Triangle About To BreakSo the trendline breakout never happened and instead it dipped below the support. But now we can see a clear ascending triangle that formed.
The white line is my entry and I'm thinking it should definitely go up this time when it goes above the yellow line.
This is just an idea and not financial advice.
ADABTC PAIR IS BREAKING OUT!WATCH FOR A REBOUND OFF THE TRENDLINE! IF we bounce we could easily see a bigger move to new ATHs! Do not trade until we have a confirmed bounce! If you get in now I'm confident you'll be profitable within at least a week but we want to wait to see if we can get a better ticket on the train so to speak!
Undecided what to do?Well, you are not alone, We needs to cross 1.15500 to have the confirmation of a breakthrough. if this is happen, we should expect a rise to 1.22, pull back to 1.18, and continuations to 1.27. Also I should mention that 1.38 in our sights soon too.
Last couple days was , neither Bulls or Bears can decide what to do. Demand and Supply was almost equal, also the descending triangle usually a bearish sign, but one has to win. I believe a breakthrough will happen in favor to the uptrend we had, witch will continue upwards. Hopefully BTC doesn't ruin it for us. lol!!
please trade at your own risk.
ADAUSDT (CARDANO) - BUY ENTRY ANALYSIS 🔎
- ADAUSDT was bounded in the falling wedge (FW) pattern.
- Price brokeout above the falling wedge's resistance as expected.
- The market retraced for a retest of the falling wedge's resistance and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- Price action is printing a symmetrical triangle (ST) pattern.
- Breakout above this pattern could be a bullish signal.
BUY ENTRY ⬆️
- Conservative : breakout above the symmetrical triangle's inclined resistance.
- Aggressive : market price.
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
$ADA reducing volatility. Time to top up?
Need to break 0.2 and make higher highs
Cardano has over 7X'd this year so be careful with this one with people taking profits.
(+)
MACD oversold
Bollinger bands
Falling volatility
Wedge reversal
(-)
Too much media hype. ADA doesn't need it=Attracts too many people who don't see the long term vision of cardano
Follow on twitter for more setups.
ADA and BTC Pair Very Bullish happeningsAs stated previously, The ADA BTC Pair is in a very bullish pattern. (eg the bull flag) but I found it interesting that both times it dipped to the low side out of the formation it dropped significantly and then was bought back up within a 5 minute time frame both times! This is a very good sign and I'm eager to see this develope further! Good Luck out there everyone!
This ADA run up is SUSS as hell.Don't get me wrong.
My biggest bag is ADA. and I'm very happy its popped off hard. HARD
Very ugly chart. but who cares it makes sense.
So ADA is finishing off a wave 3 out of the 5 wave impulse that is the current bull run.
we are literllay in the final stages for the current run up.
1 more wave up/if that from here and that sohuld be the end for this particular run then we should see a period of pullbacks and corrections.
Suss the Daily RSI. Triple top. that's basically a pullback asking to happen. Triple top RSI jesus christ. don't be hitting the big green.
declining volume on increaseing price? yep thats bearish.
basically don't be buying ADA now. i mean you can. but better off getting it on discount over the next few days/weeks.
Most likely area of support is the place where theres about a million lines there. (basically more lines in an area with different kinds of strategies means stronger support)
previous ATH Monthly open/close around 0.95 to 1.09. This entire region is where the 3D OB (not really an OB coz it doesn't break market structure), 1D OB (again for same reason), Previous monthyl ATH open/close, 0.236 fib retracement. that entire region is support, lots of confluence. I don't like it, but it's what the charts say. If you want us to narrow the levels down it'll fall to either:
- 12h OB - $1.01-$1.08
- 4H OB - $0.88 - $0.98
If that falls (doubt it will) theres no support till 0.30-0.42 region, weekly OB. unlikely it goes there.
Anyways. it should pull back for 1 last time and then begin its final run up. im getting the f out on the next run up xd.
but then again wth do i know?
#ADA/USDT breaking out! 45% Potential Profit.#ADA can easily pump from here, all we need is a perfect retest to enter the breakout.
ENTRY: $1.13 to $1.18
Targets:
$1.34
$1.42
$1.52
$1.63
SL : $1.02
DYOR before taking this trade.
I will be posting more setups here.
The response on my last BTC update was decent.
If I get some good response on this one too, I'll post consistent setups here.
Do hit the like button if you like these setups and my other charts.
Stay tuned
ADAUSD breaks downwards trendADA looks to have finally broken the crypto downwards trend. Hopefully, it continues its recovery journey upwards.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.