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?
Adausdtrade
#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
Cardano Update From Buy Zone 1Cardano Update From Buy Zone 1
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.
ADA/USDTSo the market is getting red (another correction) and Cardano is also being affected like any other altcoin. ( March is making it all unstable )
Anyways, the current situation over here is that ADA/USDT on the 4h chart is forming a descending triangle which will make it continue with the downtrend. Rectangle with the minor support and resistance is clarifying that if the next one or two candles breakdown from the rectangle's support at 1.131, then Cardano will rush towards the prices identified with bluish dashed horizontal lines. Moreover, indicators like RSI, MACD, and MA (50) close are favouring the analysis/prediction too.
You can go for Future Trading and place the order of short sell and if it's Spot then its a great chance to buy more CARDANO.
DISCLAIMER: IM NOT YOUR FINANCIAL ADVISOR SO TAKE RISK ON YOUR OWN RESEARCH AND WILL.
Cardano to $10I believe Cardano hit its lowest that we will see from this point on. It rejected the previous structure and I believe it was just retracing (healthy price action). With all the new releases and Elon Musk POSSIBLY having an eye on Cardano, I can see much more growth for Cardano and $10 is just being conservative LONG TERM.
ADAUSD | A Reason for the down turn Afternoon Traders,
ADA is starting to give us a good signal it has been grinding down lower and lower showing compression within the price action as we near the $1.100 mark
why do I think this, we just broke the 1.180 level (61% fib level) this is giving me a strong indication that price will produce a buy opportunity at the $1.05/ (sub area) around the 79 - 88% fib level on the chart we are seeing strong areas of demand, this is down to a key level at $1.00 level which gives us a great opportunity from a charting perspective to enter on buys around this zone however, I have a contingency in place in case we see a run to lower levels (just in case I get into early)
I will simply be watching the structural points as we enter into the $1.00 range,
if we end up developing a fractal descending type wedge formation on the Lower time frames, I will also be monitoring the volume to support the likely hood of our expansionary move and an end to our down turn.
remember this is just my opinion and I could be wrong, and I always set a stop loss and set limit orders only.
key take away NEVER BUY AT MARKET.
would love to hear your thoughts and opinions whether you agree or disagree.
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow?
If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely.
But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall.
The nearest support area is $0.37-0.38
Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
Cardano Consolidating Poised For A Big Move To Fresh New HighCardano 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!!
ADAUSDT - support level Will support hold up?
A break in the trendline will be a signal to open a trade.
waited for the level retest.
You will learn the best place where we can trade this instrument at low risk.
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
ADA/USDT - The diverging wedge. Important levels. CARDANOADA / USDT
Hello dear friends.
ADA (Cardano) coin under review
There is every reason to believe that ADA has formed a "Widening Wedge", which is a signal of the end or the imminent completion of a local uptrend.
There is an understanding of the seller's zones and the buyer's zones. Seller's area: block 1.38-1.61 $, block 1.17-1.29 $. Buyer's area: block 0.845-0.957 $, block 0.625-0.722 $.
Dynamic support (0.97) and resistance (1.65) are also known, on the chart as dashed lines. Coupled with a wedge, there is a double divergence at 1D TF, which indicates a damping trend.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Can Ada outperform Eth next bullrun ?ADA / ETH
ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others
Here with ADA / ETH pair weekly chart :
we can see strong resistance since 2018 just broken few days ago
This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave
Important : weekly candles must close above this resistance and dont close below again
Remember ...You should have a plan before trading and expect everything
Dont trade what you cant afford to lose
Best wishes
ADAUSDTSomeone just asked why ADA doesn't make any moves?
Well, this coin has been following the MA band for the past few hours, and as you can see those shooting stars (inverted candles) show that it keeps getting rejected by a dynamic resistance.
My opinion is that this coin should keep on following the MA band until it is confirmed above the resistance area.
Then it will start pumping up to the 1H Fibonacci top.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
ADAUSDT - let's grow))Preconditios :
- key level
- global uptrend
- locally uptrend
- retest
You will learn the best place where we can trade this instrument at low risk.
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
ADA try to flip strong resistance to supportADA / BTC
This is the third week bulls try to push price above strong resistance with the BTC pair
The resistance since 2018... flipping it to support will make ADA extremely Bullish toward 0.00004 area as first target
Ofcourse there is high chance of success Specially if the btc dominance drop next few days - weeks
Until that we just watch
Lets see your opinion below !
ADAUSDT UPCOMING PERFORMANCEADA has already broken the down trend by forming a MARUBOZU CANDEL and set a new trend which is directed toward the down sight . if ADA breaks the level of 0.95 then it will be performing a bullish trend and prize will hit $1 easily
i am hoping to go downwards lets see who wins bulls or bears
This is my personal analysis anybody wins or losses not my concern
HAPPY TRADING TO ALL <3
$ADA - Push to it's ATH'sETH gas fees are ridiculous right now, and ADA is fundamentally bullish
Very interested in longs from weekly mid-range, trend-line break and flips of the highs
When it has partnerships with PwC and IBM Research, plus the Governments of Ethipia and Georgia it's hard not to be bullish!