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ADABTC

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.
by MonoCoinSignal
12
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
Short
by C_EWAVE13
4
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.
by CryptoArch_
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%.
Short
by UnknownUnicorn2537518
4
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!❤️
Long
by mahdisoltaninjad
1
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 !
A
by MohammadWaezi
5