ADA / BTCIt is very likely that this fractal will repeat itself.
The long-awaited Vasil update to Cardano network is about to take place. Cardano founder says he doesn't foresee any problems with the upcoming update.
Bitcoin dominance still has room to fall. A lot of news on altcoins is timed to hit the market in mid-September.
ADABTC
ADA triangle breakoutCardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout.
ENTRY : local high @ 0.5476
STOPLOSS (SL) : local low @ 0.5205
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601
REWARD RISK RATIO (RRR) : 2
INVALIDATION : when SL level hit
Check the parallel setups on DOGE:
and SHIB:
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ADAusdt 6H TA: Support ZonesI specified the support zones according to the chart. We have responded several times to support the trend line several times, which would cause the price to fall, otherwise the increasing trend will continue with the higher peak.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Cardano (ADA) - August 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ADAUSDT 1W chart)
The key is whether the 0.5184-0.6834 zone can be supported and move up.
(1D chart)
If it finds support at the 0.5587-0.5960 level, I would expect a breakout attempt at 0.6834.
If resistance is found at 0.5587, it is expected to touch near 0.5184 and move higher.
If it falls below the 0.4591-0.4893 section, there is a possibility of a sharp drop, so be careful.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
---------------------------------
ADAUSDT - Ready For 0.66 Supply Zone🐻Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Let's take a quick look at short term and near term for Cardano / ADAUSDT . It's very clear from the chart that we are currently trading in the accumulation phase (Wyckoff Method). This means that the bottom is possibly in, or, we could make one final wick to test the lower support level. Watch this 4min video to find out more.
Related News Highlights in Crypto 👀
❗ Blackrock launches private trust, offering clients exposure to spot Bitcoin (bullish for BTC)
❗ Binance will support the Monero XMR upgrade (bullish for XMRUSDT)
❗ Ripple shows interest in acquiring assets from bankrupt Celsius Network (good fundamental case for XRPUSDT)
❗ Ethereum POS (proof of stake) merge estimated for 15 September (expect price volatility for ETH)
If you're interested in Ethereum, check out this idea :
If you're new in this space and want to learn a bit more about blockchain and DeFi, this one is for you:
__________________________
👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉
Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
BITCOIN 2H TA; Resistance ZonesAccording to the chart, the triangle pattern has broken upwards and there are important resistance ranges ahead. In case of reaction on these ranges, I have specified the possible scenarios on the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BITCOIN break the Channel NOW In the previous analysis of Bitcoin, we mentioned the downward channel, but now this channel has broken upwards, and if the pullback is completed, we have the possibility of the price increasing to resistance levels, otherwise it will return to the downward channel.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
ADAUSDT 1H TA; Can break trendline?Given the chart on the PRZ range, we are resisting that if it can break the process and resistance up, the uptrend will begin, otherwise we will modify to the specified areas in the chart. I specified the possible scenarios
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Cardano (ADA) - August 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ADAUSDT 1M Chart)
The key is whether it can be supported by rising to the 0.5184-0.6834 section.
(1W chart)
The key is whether it can find support near 0.4893 and move above 0.5184.
If it falls below the 0.3321-0.3974 range, it is likely to enter the long-term investment zone.
If the price is maintained above 0.6834, it is expected to continue the upward trend from a mid- to long-term perspective.
(1D chart)
Primary resistance: 0.5587-0.5960
Secondary resistance: 0.6834
1st support: 0.4591-0.4893
Second support: 0.3321-0.3974
You should see support above the 0.4591-0.4893 zone and see if it can move above 0.5184.
The 0.5184-0.6834 interval is the interval that determines the trend.
Therefore, if it is not supported in the 0.5184-0.6834 section and falls below 0.4591 and becomes resistance, a Stop Loss is required to secure cash.
However, since you can touch the 0.3321-0.3974 section and climb, you should also think about countermeasures.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Cardano (ADA) 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ADA/USDT UPDATE :-
The support at $0.43 has held well and could be the push ADA needed to break the key resistance, which would then allow the price to rally all the way to $0.66, the next target should $0.55 fall. The indicators give a bullish bias, and the current volume favors bulls.
Looking ahead, expect to see ADA attempt a breakout from $0.55, which could embolden bulls to go straight to $0.66 next. Success there would mean Cardano can finally fully exit the flat trend established back in May. This would be extremely bullish if it happens.
Remember:-This is not a piece of financial advice. All investment made by me is at 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.
BITCOIN 1H TA; updateWith the one-hour time frame, Bitcoin has left the upward trend and formed valleys lower than the previous valleys. Now Bitcoin is in the support range of the trend line and static support, which requires the price to reach above $23,000 to change the trend.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Cardano (ADA) - July 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ADAUSDT 1W chart)
Whether or not it can move higher than 0.6611 is key.
(1D chart)
The key is whether it can find support near 0.4619 and move above 0.5290.
A move above 0.5290 is likely to break out of the downtrend line and lead to further upside.
A move below the 0.3448 point or near the uptrend line could lead to further declines, so trade cautiously.
------------------------------------------------------------ -------------------------------------------
** 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
---------------------------------
ADAUSDT - Stop Hunt with Wyckoff Method📉📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at Cardano / ADAUSD / ADAUSDT . I believe that we are currently in the market cycle of accumulation , according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown.
During the accumulation phase, a new cycle begins that generates a trading range. The pattern often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support.
So - What Is Stop Hunt ?
Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method.
If we take all of the above into consideration, the price of Cardano can still drop and fall within a range multiple times until a clear bottom is established and the next markup phase / bull cycle starts. In the video above, I take a look at possible bounce zones and a target for the SOS ( sign of strength, a price advance on increasing spread and relatively higher volume ). I have also highlighted the next phase of the accumulation cycle, the BU (back-up). At this point, short-term profit-taking occurs and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up (SOS) .
Here, I did an analysis on Bitcoin / BTCUSD / BTCUSDT using the Wyckoff Method:
Related news Highlights in Crypto :
📢Elon Musk claims crypto is not contributing to an environmentally sustainable future, also says that Tesla has not sold any of its Dogecoin holdings and he will be open to increase Bitcoin holdings again after recently selling 75% of Tesla's btc holdings
📢 Jed Mccaleb closes his infamous “tacostand” XRPUSDT account
📢UK Finance Minister announces that a bill for stablecoins will be introduced this week
📢Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
📢XRP flips BUSD and becomes worlds 6th largest crypto by market cap
📢US Senator Cynthia Lummis says crypto regulation bill will only be considered in 2023
_________________
👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉
Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
ADA ( Another drop ? )ADA / USDT
Cardano is one of big cap coins ,and looks like it will break support soon
As you can see there are more and more retests for the support which make it weaker over time
A stability below support mentioned in my chart will confirm the drop and more potential blood in coming days
Invalidation:
A breakout of 50D MA with strong volume will invalidate the bearish scenario
What do you think about ADA ? share with us