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.
ADABTC
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ADABTC WK1: CARDANO 40%+ CORRECTION WARNING(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ADABTC WEEKLY chart review
::: ALWAYS DO YOUR OWN DUE DILL
::: 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
::: STAGE2 DUMP up to 50% LOSSES
::: BE CAREFUL and don't get caught in this
::: market not ready for BULL RUN yet
::: correction MODE to extend into SEPT/OCT 2021
::: similar setup in other alt coins so be careful
::: also overextended right now
::: BULLS remain on sidelines and
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION MODE
::: Sentiment short-term: BEARS/CORRECTION MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ADA - Update ✅This sure looks like a confirmation. But the demand isn't as high as it must be.
Also I can't see any good buy volumes on any platforms for ADA, meaning that it's very risky at the moment to enter or open long positions.
Let's see what happens. If it manages to to confirm above support and pump back up, there are two key resistance areas on the way, watch out for them.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $2.934
Good Luck
Tell me your ideas. Like and Share
ADA Another Leg UP!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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Structure
Ada is in a bulling ascending triangle, and with this structure it typically breaks to the upside about 70% of the time.
RSI
We can see we are breaking out higher level of the rsi price, so this can have the price of cardano move upward.
Price Discovery can create strong fomo, however please be careful we are getting a bit overextending so I would not use any leverage and I would be looking to take profit soon maybe around the 3.60 -3.80 mark!
Cardano ADAUSD - Elliott Wave + Rounding Bottom! +1000%- 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 CARDANO- 1,2,3 Ready for THREE 💙🔷🧿Let's go ADA,
You always keep us waiting but then you deliver before we fall asleep (or when we almost fall asleep)
“ Is ADA likely to hit $3.00? The answer to that question likely is just if Bitcoin stays above the 20-week , it lies with that answer. If Bitcoin is able to stay above the 20-week for just… a day or two, definitely the next few weeks it seems very likely that ADA is going to blast through the $3.00 milestone. I ultimately do see ADA trending much higher than $3.00 this market cycle but we do have to take it one milestone at a time…
Remember, doesn’t even have to hang out at these levels for very long. As long as it just doesn’t go parabolic and as long as it doesn’t go back down below the 20-week moving average, there is a high probability that ADA will cross the $3 milestone relatively soon.”
The analyst says that despite ADA’s parabolic run in recent weeks, it doesn’t necessarily need a pullback before continuing to rally. According to Cowen, $3.00 and $4.00 are still possible in the coming days or weeks even if Bitcoin and the rest of the crypto markets remain stagnant. However, he concedes that for Cardano to run any further than his two price targets, Bitcoin would likely have to give ADA a boost by reaching new highs.
“Does it need to pull back now? Hell no, it doesn’t. $3.00, I think $3.00 is certainly possible as long as Bitcoin holds these levels. Even $4.00 is possible I think, as long as Bitcoin holds these levels. To go much further beyond that, I do believe that Bitcoin would need to probably put in all-time highs, but at this point, I think that a $3.00 ADA is possible, even a $4.00 ADA is possible at this rate, especially if our contention is that it can stay strong for the next two and half weeks.”
Benjamin tends to agree.
Let's go ADA
the FXPROFESSOR
ADAUSDT Technical analysisHello legends and GM,
As you see the chart, #ADA Cardano native token hold the support inside a channel and ascending triangle in multiple times. It's a LONG opportunity for traders and investors before Alonzo hardfork in 12th Sep.
Everything is clear and enjoying with your trading opportunities.
ADA/BTC: OverviewCardano/Bitcoin ratio it's bullish in Daily timeframe. So, in this way Cardano it's continue climbing in front of Bitcoin ratio to reach the 0.00007 BTC or satoshi as you want.
And also, we have in few days to closed up the monthly timeframe. Cardano worth 0.00006 BTC for now!!! But, I believe that in the next month, Cardano will be more higher in this ratio. That it's absolutely so bullish in Cardano
So, if you have 1,000 ADA = 0.06 BTC worth.
If you have 10,000 ADA = 0.60 BTC worth
As I know, I been accumulating Cardano and I hold 13,671 ADA and in my trading account I have 1,982 ADA. I have a sum of 15,663 ADA in hold. Just that I have a some part in my trading app. And my 15,663 ADA i's worth in Bitcoin near of 0.94 BTC. I have in worth 0.94 BTC in my Cardano value. So, it's incredible and I'm so near to get my 1 BTC soon.
So, my goal at the moment it's reach 17,000 ADA step by step. As I have left 1,337 ADA to accumulate in my trading app. I just hold continue holding Cardano.
ADA GO TO MOONADA GO TO MOON
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.
TP 1 --- 5 $
TP 2 --- 8 $
TP 3 --- 14 $
MAGIC TARGET --- 23 $
ADA parallel channel or Cup & Handle#ADABTC
ADA is trading inside an ascending parallel channel, also price broke out a long term resistance zone.
In my view price will touch the upper line of parallel channel, then turn back to confirm the resistance zone as support.
after that we will see a great bull run that will increase the price 50% or even 120% .
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 2.666 (stop at 2.594)
Pivot resistance is at 2.650.
A break of bespoke resistance at 2.650, and the move higher is already underway.
Daily signals are bullish.
We can see no technical reason for a change of trend.
Our profit targets will be 2.878 and 2.948
Resistance: 2.650 / 2.800 / 2.900
Support: 2.550 / 2.500 / 2.400
🌬️ ADA CARDANO - One Last Push to the 3$ mark🌋Last time we came close (2,95$) but no cigar..
This time we want to see the white smoke coming up from the '3 dollar mountain peak'.
There is mild support to watch out for right now, then off to 3$
Off to 3$ not just to touch but hopefully to break over it!
One Love,
the FXPROFESSOR