ADABTC
Cardano (ADA) - October 16Hello?
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(ADAUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.918 point: expected to continue uptrend
Above 1.398 point: Expected to create a new wave.
(1D chart)
Resistance range: 2.486-2.647
First support section: near point 2.005
Second support section: 1.363-1.524
If the price holds above the first support level, it is expected to move upwards along the uptrend line.
A decline from the 1.891 point may touch the second support area, requiring a short-term Stop Loss.
However, it can touch the uptrend line and move up, so you need to think about how to react.
I think the resistance section is an important section that determines the trend.
So, if it rises to the resistance section, you need to check the flow.
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(ADABTC 1W Chart) - Mid- to long-term perspective
1593 Satoshi - 1944 Satoshi or more: Expected to continue upward trend
2982 Satoshi point and above: Expected to create a new wave.
(1D chart)
Resistance section: 4675 near Satoshi point
Support section: 3251 Satoshi-3607 Satoshi section
I think the most important section is the 2147 Satoshi-2982 Satoshi section.
However, if it falls from the support zone, there is a possibility that it may break out of the uptrend, so a short-term Stop Loss is necessary.
However, if support is confirmed in the 2147 Satoshi-2982 Satoshi section, which I mentioned as the most important section, it is necessary to consider whether it is possible to buy.
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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 it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
CARDANO | ADA | Short TermHi Guys 🍀
Cardano (ADA), is testing this support again but this $2 range has become solid and we can be sure that this is the best demand level.
Now if you see those sell volumes on the market it's because that ADA is forming a triangle right now and it's about to breakout either way. What I think is going to happen is a breakout to higher prices. Let's see if another uptrend is possible.
Those red and blue levels are just the local levels and doesn't imply to long term changes or massive buys or sells.
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ADA to BTC Longing ideasI am oh so very tempted to take a long on adabtc... however because we are at the start of a potential strong run against BTC then maybe that would not be wise.
I could see a nice bounce off the higher box, but upward growth could be short lived if BTC continues its rally.
Also if BTC 2x in price like many think it will over the next 30-60 days then we could see these rations totally bleed and maybe hit the second lower boxs..which is about a 50% drop from current rates.
Its always hard to tell. I wont place a long till I see a buy signal print and a clear reversal and will make a stop loss so tight you wouldn't believe.
ADA usdt Tecnical AnalysisI stated the target as 1-2-3, but it will not reach these targets. Target 1 might be the entry point.
It's not a coin I like, but it hasn't been in action for a long time.
Assuming it moves within a channel, it also coincides with the Fibonacci levels we predicted.
In this case, the region we specified as Target 1 in the previous chart will work as support. I'm waiting for the price to return from here.
If there is no decline that will invalidate all these assumptions, a bat pattern will emerge. So our selling target will be around 2,400, which is in line with the average 2.618 fibonacci levels.
Considering that it has not been able to start a trend for a long time, I think this target level will be just a start of ignition.
It would be right to make a re-evaluation when we see the main target of 2,400 prices.
Of course, it is inevitable that there will be a pullback at the price of 2,400.
I would like to point out that I have also observed that there are large amounts of money flows to matic and the ada on Money Flow.
Note: This is not investment advice.
ADA is top heavy against bitcoinADA-BTC big picture charts actually allows for up to 90% correction from these levels.
In the short to mid term up to 40% correction is expected. If crypto bear market starts this could be one of the best shorts on the market, it reminds me so heavily of xpr-btc in 2017.
Cardano pumpers are looking to make themselves a fun September, as this month there are some news about platform developments:
finance.yahoo.com
It could turn out to be a sell on news events, watching this with interest.
ADA/USD - Correcting towards support at $1.9, will it hold?Support level: $1.9
Resistance level: $2.4
ADA is in a corrective pattern within a large downtrend channel. Price will likely re-test support at $1.9 before any uptrend will resume. This channel can also be interpreted as a bullish flag, but for that to confirm, we need to break above it and make it support. If that happens our next key resistance is at $2.4.
Indicators:
Volume: Mostly flat and waning. If this continues, the strength of this downtrend will weaken and allow for a reversal once we approach support.
RSI: Falling on daily timeframe, therefore, the short term view is bearish. Wait for a reversal before considering an entry, particularly once we approach support.
MACD: Losing strength on daily timeframe and likely to cross on the negative side in the next day or two. Do not enter a long here so long we’re in the channel.
Bias:
Bearish so long we remain in the channel and we fail to break out of it. On weekly timeframe, ADA just did a bearish cross on MACD. This may indicate we will have a bearish trend for some time, particularly if we break under our $1.9 support. Be cautious on taking any longs for that reason and use tight stop losses. Don’t exclude a bounce towards $2.4 if price breaks above this channel, however once there price can be pushed lower again in line with the weekly MACD which remains bearish.
Price prediction for ADA:
Considering ADA had a massive pump this summer to $3, it now finds itself in a correction. This may last a while, so don’t rush to buy until we have good confirmation of a new up-trend. Breaking above our downtrend channel would be a good start towards that at which point we can set some good targets. Right now $2.4 is your best bet.
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mADAm Cardano 2Cardano broke up this triangle 📐 and I think there is chance for run to 2.635 and even higher. Setting BUY LIMIT order to catch the pullback. m ADA m, just show us some love!💕
ENTRY : local high @ 2.251
SL : local low @ 2.15
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.635
RRR : 3.8
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ADA MOVING INSIDE A RISING CHANNELADA on hourly timeframe is moving inside a rising channel with a bullish harmonics.
Targets with resistances levels are marked on the charts, let's see if ADA can break the resistances and move for the top of the rising channel.
The channel is good until broken.
Current ADA Price: $2.249
Thank you and Good Luck.
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ADA - Daily ChartI guess this is the first time I'm putting a daily chart for short term ADA!
Since you guys asked a lot I'm posting this just to show the key support and resistance zones. And as you know these charts are valid for only 24 hours.
There is only one local support on the way down which is a good one since that support is on top of a famous demand zone:
There is one local resistance which isn't hard to pass, but for having a good pump we need to break the Orange Key Resistance which requires good Buy Volumes and also a healthy market.
In case a sudden breakout happens, that red resistance is where it might stop.
Market is showing Buy Volumes on different platforms so don't open too many short positions.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.274
Good Luck
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ADA (Daily Chart Analysis)ADA unable to break the resistance of $2.35 yet and trading below it. If it breaks this resistance and hold above it then we see an upward movement towards $2.7 resistance. The major resistance is $3 area. The support remains the same as of $1.9 - $2 area. Wait for a breakout of resistance or retest of support.
✅ ADA (Cardano) - What's next? Time to analyze my favorite coin, ADA.
As we said before:
Cardano (ADA) has been going through some corrections as we all expected. right now it's consolidating in the confirmation area, which is the yellow thick line. If it manages to get enough buyers then this confirmation can start a whole new bullish market for this coin.
And I think this might be the time for it because we're in a demand zone and we just need more Buy Volumes in the market.
However, if things don't work out and we see a drop from that point, then our Green Zone, which is our strongest support area can push the price back up in no time.
Update: Watch for Bitcoin, since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down ADA can perform stronger than now and might run for testing the ATH. If possible, it might cross it and touch the red resistance as I've shown on the chart.
if not successful, then it's going back down but I'll update the support when that's about to happen.
Right now I'm seeing strong demand for ADA since it's trying to bounce from this demand zone.
Also, the market is showing Strong Buy volumes for ADA on different platforms.
I'm buying more ADA myself, and if it drops I'll buy even more... I always look at ADA as long time investment and never do future trades on it. If you are trading on it, be careful, because any unadjusted long or short position might cause liquidations since we are not sure if it's going to drop or bounce back up.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.293
Good Luck
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ADAUSDT Technical Analysis
⏳ Spot
💎 ADAUSDT has formed a symmetrical triangle. After the breakout it is expected that it goes for a retest and then continues to go higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 2.250
☕️ TP1 2.450
🍺 TP2 2.570
🍻 TP3 2.700
🍾 TP4 2.950
🍷 TP5 3.300
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 2.110
Good Luck 🎲
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ADA - Long Entry Into Strong Support and Oversold RSII really like this entry here. ADA has a very oversold RSI at 16 as it runs into strong support and a trend that's been in play since the beginning of the year. ADA also has a history of strong bullish spikes when it gets this oversold, which makes this entry even more enticing. I'm long here.
CARDANO | ADA | Short TermHi Guys 🍀
Cardano (ADA), is down to the demand zone which is supported by the lower BB and the static fib level.
I don't think that's it, ADA can go sideways for a few more hours around this level, or even go lower to get support from the other support level which is even stronger.
Market Volumes are showing Sell Signals and even though all main coins are pumping or fighting resistance levels, this coin is acting as a minor alt coin which doesn't seem right! I think there will be sudden pumps for this coin soon, right after getting enough Buy Volume in this demand zone
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ADA possible cup and handle with large upside potentialHello ADA hodlers and traders,
Today I present to you bullish outlook on ADABTC pair. The price is currently sitting on the 21 week SMA. If the price can bounce up from here and get above the 0.00006200 sats there is huge upside potential. As you can see in the chart there is long term cup and handle pattern. If the bulls can confirm a break out above the cups top/neckline then the price can rocket up between 0.00010 and 0.00012 sats. From its currently price that is roughly a 3x and a 2x from the top of the cup. Now this is all contingent on the price being able break above the cups neckline and also on what BTC bulls do in the next month.
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This is not financial advice and is to used for education purposes only. I am not a financial advisor.
Happy trading and I wish you long bull market.