ADA - broke this support 😱😱Bitcoin is slowly moving downwards. At the same time, altcoins are following it. Cardano is now breaking through the trend line, which acts as support. If the price breaks and tests this trend line as resistance, it will be a sell signal. There was a contraction before that, which also indicated a breakout and a fall. There is liquidity at the bottom and the price can collect it.
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
ADABTC
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 2.202 (stop at 2.132)
Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.
Our profit targets will be 2.398 and 2.448
Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900
ADA - this is the best place to buy 😱❗The whole cryptocurrency market is falling, as the main movement has probably already passed, it is now dangerous to open short trades. The best thing to do now is to wait for new clear trading situations. Or look for buying points. On Cardano's chart, I marked an important buy zone. If the price corrects to this area in a quick move, it will be the best buying opportunity.
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/USD - Warning sign validated! Bearish divergence...Time to be careful on ADA. The weekly RSI just painted a very clear BEARISH divergence.
What is a bearish divergence? It is when HIGHER prices on the chart have a LOWER high on the indicators like RSI (see yellow arrows).
What does this mean? It means the momentum is FADING and price is likely to reverse course or the trend may change soon.
You DO NOT want to HOLD ADA now hoping it will PUMP... the odds are against you. The only way I see price still going up is if BTC does a new ATH and all the market pumps.
Therefore, expect lower levels at least in the short term and explore buy opportunities at the next support. If you plan to play a bounce.
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CARDANO | ADA | Short TermHi Guys 🍀
I'm Emily and I hope this analysis can help you.
As we can see ADA has just hit support on Fibonacci and BB levels. I think the price is going sideways for a while due to the neutral market volumes. MACD looks undecided too so why not just wait a couple of hours to make a better move and beat the market?
Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚
Ada/usdt 4hour analiysis Ada/usdt update.
Long:-cmp
Traget:- 2.45$
2.55$
2.65$
2.75$
3.00$
Stoploss:- 2.0$
Rembebar.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..
Happy trading...
Thank you...
😞🎼 ADA CARDANO - Love Requires Patience ⏱️❤️🩹Come on ADA,
You keep postponing, you keep snoozing, then you become active when we are almost asleep, bored and discouraged.
Kind of reminds me of this song: Wake me up when September ends 😞🎼
News/ update:
Cardano’s Alonzo upgrade has seen more than 100 ‘smart contracts’ processed in the first 24 hours.
The third largest blockchain platform in the world, Cardano’s successful update gives it smart contract functionality, providing developers with the ability to create apps that can utilize the advanced capabilities of its blockchain.
The Alonzo upgrade marks the first stage in creator Charles Hoskinson’s plans to advance a fairer global financial system at a reduced monetary and environmental cost. Within 24 hours, the platform has already seen more than 100 smart contracts run on the network, with its first decentralized application also already deployed.
Blockchain is set to play a pivotal role in the future of applications. In fact 61% of software developers say blockchain is a ‘game changer’. By building decentralized apps – or ‘dApps’ – on the blockchain, developers minimize the security compromises of traditional apps, which live on a central server, instead utilizing the security of a global network of thousands of computers.
However, creating apps on the blockchain has, until now, been inaccessible for many developers, who are faced with high and unpredictable costs, as well as energy inefficiencies.
As a result, implementing blockchain for smaller enterprises has often not been a truly viable option without having to compromise on sustainability goals or business costs.
Energy efficient
Cardano claims to solve many of these issues. Its blockchain uses an innovative mechanism for verifying transactions, meaning the whole network is significantly more energy efficient than Bitcoin. Its ability to accurately predict transaction costs also provides price stability, allowing developers to build applications without risking lost transactions or unexpectedly high costs.
This year has been pivotal for IOHK, the engineering company behind Cardano. In April, it announced the world’s largest blockchain deployment. Five million teachers and students in Ethiopia were provided with instantly verifiable IDs, facilitating better lesson planning, monitoring of student progress, and allowing the government to be better sighted of future workforce planning needs and gaps. For students, it also allowed them to share verifiable qualification details with employers.
So come on ADA,
Just Fly to 4$ now
the FXPROFESSOR
Cardano (ADA) - September 16Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(ADAUSD 1W Chart)
If the price holds above the 0.918 point, it is expected that the uptrend will continue.
In particular, if the price holds above the 1.316 point, it is expected to create a new wave.
(1D chart)
Section A is the old new high section.
At this point, what choices did you make?
And, what kind of decisions have you made in section B now...
Where can you sell to make a profit and where can you buy to make a profit is the question everyone is curious about.
I also think a lot about how to buy at a low price and sell at a high price.
To address this to some extent, I am profiting from marking points of support and resistance and reacting according to the criteria I set.
The section that formed a high in section A and was supported by falling is the section 0.918-1.130.
In particular, the surge came as it broke above the 1.547 point.
Therefore, if the decline is in the B section, it is highly likely to find support in the 0.918-1.547 section.
If the price can hold in the 2.486-2.647 range, the uptrend will continue.
If it does go down, it could drop near the 2.005 point, so you need to be careful with your trades.
If you've looked at my charts often, you'll see lines like the Fibonacci Retracement Ratio on most charts.
The section with two consecutive lines determines the trend, and expresses the section where support and resistance play a strong role.
Thus, the 2.486-2.647 zone will form a support and resistance zone.
If you look at the overall picture, the section 1.524-2.486 is a large crosswalk section.
The sidewalk section is divided into an upper sidewalk section and a lower circular section at the 2.005 point.
If the price is maintained in the 2.005-2.486 section, which is the upper sideways section, it can be judged that there is room for an uptrend.
However, I don't think it's a good idea to make a new investment as there is a strong support and resistance zone right above it.
If it falls to the 1.524-2.005 section, which is the lower sideways section, people will feel fear.
However, if the price is maintained, it can rise with a larger increase, so if you have confirmed the support, it is a section where you should proceed with a split purchase.
ADA, along with ETH, is one of the coins that has a successful staking service.
Therefore, it is a coin with a high possibility of continuing to rise in the medium to long term.
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(ADABTC 1W chart)
If the price is maintained above the 1593 satoshi-1944 satoshi range, it is expected that the upward trend will continue.
In particular, if the price is maintained over the volume profile section spanning the 2147 Satoshi-2982 Satoshi section, it is expected to create a new wave.
I think the 3953 Satoshi point or higher is the high point section.
Therefore, careful trading is required because it is considered to be the domain of those who hold rather than new investments in the highs.
(1D chart)
We need to see if we can sustain the price by finding support at the critical 5049 satoshi point and moving above the 5354 satoshi point.
If it goes down, we should see if there is support in the 4412 satoshi-4675 satoshi section.
If it falls from the 4412 Satoshi point, it can touch the 3251 Satoshi-3607 Satoshi section, so a short-term Stop Loss is required.
If the price holds above the 4675 satoshi point, I expect it to move up to the 5743 satoshi-6099 satoshi section and re-determine the trend.
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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 been released yet.
(Since it was not disclosed, 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.)
ADA/USDT According to the adx index, the price can go down. The next important support is $ 2.30. $ 1.88.If $ 2.30 support is lost, the price can hit the uptrend line and we will see an uptrend after.Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
Crypto Catastrophe Planning (Sol, Luna and ADA/Cardano)I have spent some time looking at the dollar (DXY, see the linked Idea please) and it has a lot of upside potential based on some simple TA on the monthly time frame. Based on that potential prolonged dollar strength I think some crypto Crypto Catastrophe Planning is in order.
Last bear market one of my favorite analysts, Francis Hunte, called his XRPBTC short the gift that keeps on giving due to its continued downtrend trend on the weekly. Of course you don't get the same gains perhaps as being in and out of bounces on XRPUSD but you save yourself a lot of mental energy from the chop up and down that we see below. XRPUSD rallied less than BTCUSD, which means a red day/weeks for XRPBTC, and it dumped more than BTCUSD, which means another red day or week for XRPBTC. An entry within the blue triangle of XRPBTC looking for a break down would have been very profitable for the patient.
If we take the same idea for our catastrophe planning we would be looking for structures that we can play technically for entries that could pay out for the next six to nine months, or even longer. Cardano is in a rising wedge with three touches on the support and 2 touches on the top. That gives us a structure to play very technically. SolBTC has popped out of a rising wedge. That is very much blow off top behavior and often we see price action find tenuous support on previous resistance before falling through the wedge. Then price action has a chance to turn previous wedge support into resistance.
I have taken a short on ADAUSD due to the weakness I see on the daily chart for both ADAUSD and ADABTC with a stop loss taken at the high. I have two flat topped red HA candles and I will be looking for the wedge break down. If I see the ADABTC wedge breaking down I will put on a ADABTC short
SOLUSD is likewise popping out of its rising wedge but hasn't shown the weakens I want for a short just yet. There is a pregnant HA candle so I could go in with a sell stop but Imma hold off SolUSD and SolBTC shorts for now
LunaUSD looks very primed for a move to the downside. It is in a rising wedge and has bearish divergence on the 8 hour time frame. Once we see some downward movement we can evaluate if we think it will be prolonged or perhaps continue to chop. I am holding off on shorting for now.
Cardano ADAUSD - Rounding Bottom! + Elliott Wave +1000% gains- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
ADA Trouble Ahead?!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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I Expect ADA to have a small bounce to around 2.60-2.75 follow by another leg down. I see strong support in the $1.50-1.80 range. That area is where we will be looking to accumulate again.
ADABTCADABTC WEEKLY chart review. very heavy overhead resistance, and supply zone for ADABTC. limited upside from here. CARDANO 40%+ CORRECTION SOON. be careful / don't get caught up. CORRECTION MODE SOON. expecting correction/pullback mode. previously maxed out and distribution wave 2 break down. STAGE2 DUMP pending soon, weak bounce possible from here. market not ready for BULL RUN yet. correction MODE to extend into SEPT/OCT 2021.