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ADABTC

ADA - Where is our support? Long-term ✅Back to Cardano. This one is simple: It acts a bit different but still bearish as the rest of the market. Here is the support we've been sitting on since January 2021. Where does this support end? Around $1.00. Which considering the MACD down there, we can say that this bearish market and the high sell volumes are taking the price down to the $1.00 area one more time, and then... well who's to say? We'll do another analysis when it's the right time. But now it's down down down! Current Market Price: $1.2370 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
10
Cardano (ADA) - July 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSD 1W Chart) If the price holds above the 0.79290173-0.91799726 range, we expect the uptrend to continue. In particular, if the price is maintained above the 1.31605953 point, it is expected to create a new wave. (1D chart) If the price is maintained in the 1.19108386-1.56147434 range, we expect the uptrend to continue. However, the section 1.56147434-1.74666957 is a section that determines the direction, and if it does not break through this section upward, it may fall to the section 0.82069337-1.19108386, so you should also consider preparations for this. It needs to move above the 1.74666957 point to accelerate the uptrend. If it falls from the 1.19108386 point, Stop Loss is required to preserve profit and loss. However, careful trading is required as it can touch the 0.79290173-0.91799726 section and rise. If it falls in the range of 0.63549814-0.82069337, it is possible to enter the mid- to long-term investment area, so careful trading is required. ------------------------------------- (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 above the 2982 Satoshi point, it is expected to create a new wave. However, if it falls from the uptrend line, the support section is weak and there is a possibility of a sharp decline, so you should also think about preparing for this. The expected drop point is near the 2147 Satoshi point. (1D chart) If the price is maintained above the 3818 Satoshi branch, it is expected to create a new wave. If it goes down, we should see if there is support in the 3438 Satoshi-3818 Satoshi section. In particular, if you fall from an uptrend line, there is a possibility of a sharp decline, so you should be prepared for this. The 2147 Satoshi-2982 Satoshi section is a weak support zone, but within this range the decline is expected to stop. Crisis opens up new opportunities. However, it can be an opportunity or a bigger crisis, depending on where the support is coming from. Therefore, it is essential to check which section is supported above all else. We recommend that you trade with trends. However, you cannot trade on either an uptrend line or a downtrend line. This is because it is difficult to establish support and resistance zones. Therefore, what is important in trading is the horizontal point. ------------------------------------------ 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 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. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (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.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:ADAUSD
by readCrypto
Cardano - is approaching an important level !!!🚀🚀After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible: 1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target. 2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below. Write in the comments all your questions and instrument 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
by Yuriy_Bishko
12
Attention: Buy Cardano now!!!In the Daily chart, ADA/BTC could to entry in the accumulation zone, for that, buy Cardano into this range. We could to forming a simetric trianlge, but never Cardano go down below of 0.000037 BTC. As in my case, I had Bitcoin when I sold Cardano to Bitcoin, but when Bitcoin break down the simetric triangle, I sold my Bitcoin too for U.S. Dollar, but now, Bitcoin form a bull trap and invalided the simetric triangle, and form the bullish flag. For that, I buy Cardano and I hold right now 10,178 ADA, in part that I have in my trading account 1,677 ADA, i re-continue accumulating Cardano to long term making trading. Also guys, I learn that make 200% anual using Cardano asset, I can to get compount interest in this asset, it's mean, if I have 1,677 ADA and sum 200%, I may to get at final of year 3,354 ADA generated in my trading account just make 200% anaul, and that it's profitable to have a trading plan in cryptocurrencies. I don't like to make 30% monthly because I use intraday strategies that I keep my trades during days to weeks, and included month. For that, 200% anual it's profitable for me. So,
Long
by harisonhbn9718
3
Cardano (ADA) - 12h. The last downward impulse? An unsuccessful attempt to fix the ADA price above the range $1.4-1.5 provoked a new wave of decline and returned market participants to consolidation. During 2021, the $0.9-1 range has saved the ADA market from total destruction for the fourth time. The importance of this range can also be seen in terms of trading volumes on June 22: As you can see on the daily timeframe, since May 16, sellers have been confidently holding the black trend line and do not allow buyers to counter-attack. After May 23 trading volumes fell. It happened in the important range $1.4-1.5 which was considered the upper border of consolidation for 3 months. Buyers' passivity in the $1.4-1.5 range was so high that the ADAUSDT price continued to fall and consolidated below this price zone on extremely low volumes. On June 22, in the $0.9-1 range , we saw the interest of market participants and the likelihood of fighting for a new wave of growth. we can risk buying this coin with a short stop. However, the price fixing below this range or consolidation on low volumes with the same character as it was in the range of $1.4-1.5 in the period from 8 to 18 June will be a signal for a continuation of the fall with the first target of $0.7. Looking at the smaller timeframe, we can safely assume that buyers are preparing to test the range of $1.4-1.5 within the framework of real local growth. Given the importance of this range, we expect a rebound in the price and another attempt by sellers to take control of the market. It is from this attempt that the next medium-term price movement will be clear. A positive fact for buyers can be seen on the chart ADABTC: As you can see, the correction after the growth wave from May 5 takes place in consolidation and at low volumes. The worst-case scenario for the ADABTC market at the moment is test of the 0.000031-0.000032 range. This range stopped the price growth for almost 3 months. Therefore, our subjective vision is a new local growth wave with a stop in the range of $1.4-1.5.
by P_S_trade
20
ADA Holding The 200 MAIt's been a rough week so far for the crypto market. In just two days, ADA fell by as much as 30%! This sell-off has pushed the price all the way down to test the major support level of the channel trend. This major support level also coincides with the 200 MA. In which price almost touched it before a quick recovery back into the trend. For this reason, there are two main scenarios I see right now. Either we'll hold the 200 MA or we'll break it, leading to more downside.
BITFINEX:ADAUSD
by EmpowerTrader