ADAUSDT RELONG FASTADAUSDT is situated into a huge falling wedge . In 16 january 2022 the price broked the resistance line but can't retested it to turn support , goes down again on the wedge but the setup at the moment it s more bullish Because:
You have all the way bullish divergences on ADA/USDT Daily,2Days,3 Days up to 6 Days timeframe . Which is really really huge
Lot of new upcoming events and news come for ADA
DJI at the moment it s dropping so it s a good way to choose ADA , Dji also need to bounce back for an upward correction
BTCUSDT is situated like ada into a falling wedge which means BTC will go up when will pass the resistance line of wedge .DJI bounce back=will trigger BITCOIN UP, and BITCOIN will trigger up ETH and altcoin market.
ADABTC
Cardano (ADA) - January 3Hello?
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(ADAUSD 1W Chart)
Above the 0.476 point: the uptrend expected to continue
We need to see support above the 0.918 point and see if we can move above the 1.316 point.
A decline from the 0.918 point is expected to touch the uptrend line passing near the 0.663 point.
In order to create a new wave, a sideways movement should appear in the 0.918-1.316 section.
To turn into an uptrend, it must move above the 1.316 point.
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(ADABTC 1W chart)
0.0000 1593-0.0000 1944 or higher: Expected to continue upward trend
Above 0.0000 2982 point: Expected to create a new wave.
If it fails to move above the 0.0000 2982 point, it could fall near the 0.0000 1944 point, so trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves.
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Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
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(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.)
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BTC Ended at Target. Overview of BTC, BNB, ADA and OthersNot in BTC currently. took ~2% loss on small position at the timeframe change. I wanted to see the buy up from there to increase position, which did not happen. I am technically still in AMD call options, which could be brutal tomorrow.
I dont like this unless we can return to the start of the Week candle open. Which I feel is unlikely because of what is described below and in video.
BTC ended 4 bucks above my target of 37,910. Week buyers did not come in. The week candle is set up in a way that it is bullish when it is at its opening spot of 37,914 (bitfinex). The big issue for me here is that no other timeframe really says to buy the price up without conflicting with another timeframe. The targets are all over the place, which i think will make the movement most likely downwards and choppy. Also the other target for BTC bounce from the week perspective (bitstamp 500 hull) would be 33,600 (around there). The issue with that is on every other timeframe we are out of the channel. I just don't see a reason for people that trade on the week to want to put in any sort of amount of money to be able to push this up against every other time frame.
Also there are a bunch of alts that are in very sketchy spots for their ALT/BTC charts. The ALT/USD pair was already struggling and I think we will have a chain reaction here, sending us downwards. Support and resistance between every timeframe is arguably bad and conflicts, mixed with people cycling out of their alts into BTC and then back into USD.
I explain what I wrote in the video, but if you want to see the alts, just skip through a bit.
Main Idea Update Page:
If you want to copy the Schiff Pitchfork:
ADA/USDT 1 DAY UPDATEWelcome to this quick ADA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ADA/USDT triangle pattern create
Entry:- 1$, 1.11$,
Traget:-
T1:- 1.67$,
T2:- 1.99$
T3:- 2.21$
T4:- 2.69$
T5:- 2.96$
Stoploss:- .70$
Remember:-This is not a piece of financial advice. All investment made by me is under 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.
ADA - My ViewAs you can see, there is a downward trend in daily timeframes. Its overall downtrend line has not yet been broken. Just hit this line and react. Another downtrend has been broken, and its resistance and support points have been identified.
I think the holders who bought Ada are always thinking about how it will move, but ADA has strong support, and its exchange is up and running, which has alleviated the concerns.
As you can see, in part I showed you on the chart, there was a price action and a confirmation that it could pull back and break its secondary downtrend line. During that five days, it has made almost 28% profit.
As you know, Cardano has had a high volume of input in the last two days.
I predict a good future for it, and I'll update it.
⚠️⚠️⚠️If you trade, be sure to proceed with risk and capital management and be sure to use Stoploss. High leverage is very risky, and I advise you not to be greedy. Follow the experts and get guidance. This attractive market is one of the ways to make money if you go calculated.
CARDANOADA is still fluctuating in the downtrend channel and will not rise until it exits from it. It is currently engaged in $1 support, and the trading volume is very high. Because the intrusion was created under the protection of one dollar, it is possible to penetrate again under this protection. The floor of the channel is in the range of $0.80.
I recommend entering by steps in the range of $0.80.
ADABTC Not looking so good 🐻 📉 🐻Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 ADABTC- Weekly Time Frame - Candlestick
📌 Price Action - Fibo - RSI Divergence
📍ADABTC 's chart is not looking very good in every time frame from weekly to 2H. It is completely bearish in every aspect
📍 Price may have already finished its 5th cycle in the white horizontal line and it may see the 0.38% fibo , 0.5% and 0.618% which is the most important one.
✍🏼 A very powerful hidden divergence RSI is very visible to see in the weekly time frame which has already taken the price down
⚠️ HOWEVER, you should not consider this TA as a bearish sign for the ADAUSDT pair itself because it is based on ADABTC pair, and it has 3 meanings:
1- ADA 's price is dumping faster than BTC 's price (Both are going down together, but ADA faster🐻)
2- ADA is not growing as fast as BTC (Both are going up, but BTC faster 🦬)
3- ADA is dumping and BTC is pumping (ADA is going down and BTC is going up)
✍🏼 From EMA point of view, in weekly time frame price has broken 50 EMA and is going as fast as possible to hit the 100 EMA, which is overlap with 0.38% fibo level
✍🏼 In daily time frame a negative cross may occur between 200 and 100 EMA and can be a bearish signal for long term
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER
ADABTC Long | ADABTC Short | You can trade long or short⬜ This is two trade what I took for ADA, Cardano on Delta Exchange. This is publish for my personal trading journal but maybe can be good for someone (I like to come back on my past trading and check what was good and what can be improved).
⚪ Trade is taken on weekend when mostly is low volume and when I saw possible Elliott Wave idea and this least for me is not new trend to break ATH I jump in Long. Have trade plan where to place Stop Loss, and what is my Targets.
Taking profit I done based on my plan for trade, again using harmonic pattern indicator and already some possible resistance level.
When reached last preset target (180% ROI) I close all trade.
⚪ Same happens for Short trade. When I saw rejection.
I saw rejection from weekly resistance and based on last long trade, this is not impulse wave, maybe just larger correction, I took short trade when I saw strong rejection and didn't bounce from 1st support (expected maybe will broken resistance flip to support).
Break bellow expected resistance, tested, can't break above (perfect for entry) and continue trend down.
Rest of this trade is on chart where and why I took some profits.
Remember ALWAYS plan your trade and trade your plan. Use Stop Loss and have Targets where you will take profit. Don't be greedy and don't forget to take profit off the table.
ADAUSDT-LONGBased on technical factors there is a long position in :
ADAUSDT Cardano
Score 2️⃣
🔵Long Now or set on Key Level 1.000
🟢Target 1 1.150
🟢Target 2 1.330
🟢Target 3 1.620
❌Stop loss 0.910
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Cardano ADAUSDT - Entered bearish territory + Head and Shoulders- Cardano is not looking good at this moment.
- We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021.
- Head and Shoulders pattern just broke down with strong momentum!
- Also the impulse Elliott Wave finished with 5 waves successfuly.
- The price is below the main trendline established in March 2020.
- Next support is 0.39 USD, which is another drop about 63%.
ADAUSDT | Two great places to invest🔥Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the latest count that we did, waves 1, 2, and 3 were formed, and ... wave 4, wave 4, as we said before, has a zigzag-shaped structure, and from this zigzag, wave a is formed in a triangular shape, and wave b has a zigzag structure, but in terms of time, the ratio To other waves it is abnormal.
The ratio of wave a to the wave c has been equal in terms of time, structure and amount of downward motion.
Wave c, like wave a, forms a triangle, and this triangle is finished.
In our opinion, this recent ascent is related to microwave 1 of wave 5, which has broken the upper side of the triangle to some extent, but there is still a trend in this area, which will probably be related to microwave 2.
After breaking the upper side of the triangle, the ascending motion will be confirmed for microwave 3 and will move to the next area, ie around 2.00, and if this area breaks, wave 5 of wave 5 will also be confirmed and the ascending process will continue to 3.665.
If the end of wave 4 is broken, this possibility is fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
ADAHello Everyone...
ADA is moving in a descending channel currently and so there was a bullish divergence on a lower low into 2D Demand zone .
It just resulted in a nice push to the upside.
Expecting this to stall at around 1.6 then I'll see what develops.
📚 Two main opportunities I'm looking at for a long:
- Reclaim resistance between $1.655- $1.708 (would be a break of the channel resistance also)
- If we drop back and develop equal lows within the 2D demand, I may look at a long there also.
📌 Also I would point to an aggressive SHORT if we lose the bullish momentum on channels higher head back to the 2D demand !