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ADABTC

Cardano (ADA) - June 20Good morning? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSD 1W Chart) It remains to be seen if the price can sustain above the 1.31605953 point. If the price holds above the 0.79290173 point, it is expected to create a new wave. (1D chart) It remains to be seen if the price can sustain in the 1.19108386-1.56147434 range. If it falls from the 1.19108386 point, a Stop Loss is required to preserve profit and loss. In many cases, it may follow an uptrend line, so you need to trade cautiously. To break away from the downtrend line, we need to see if we can find support at the 1.39796354 point. There is virtually no trade to do as the price is falling due to a sharp drop in trading volume. This decline in price due to a decrease in trading volume is because an increase in trading volume can lead to a rapid price increase at any time. Therefore, I think it is good to proceed with trading after seeing the increase in trading volume. ------------------------------------- (ADABTC 1W chart) If the price holds above the 2982 Satoshi point, it is expected that the uptrend will continue. If it falls in the 1593 Satoshi-1944 Satoshi section, it may take a long time to rise as it enters the mid- to long-term investment area. Accordingly, careful trading is required. (1D chart) It remains to be seen if the 3818 Satoshi point can find support and move higher. If it goes down, we should see if there is support in the 3438 Satoshi-3818 Satoshi section. The 2147 Satoshi-2982 Satoshi section is an important support section. ------------------------------------------ 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. ------------------------------------------------------------ ----------------------------------------------------- ** 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. 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
ADA/USDTSince the last review, the ADA has rolled back from the resistance zone and continues to decline at the moment. However, the coin looks very strong on the market even on the fall, unlike its alto counterparts. On the one hand, a triangle is formed and it makes sense to focus on support price points. On the other hand, the coin may fall below one dollar, so consider the risks and take a closer look at the scenarios that I have displayed for you on the chart for the future based on the levels that I voiced in this video. The author's opinion may not coincide with yours! Keep this in mind and keep this in mind in your trading transactions. And remember! You must have your own head on your shoulders! Trust no one - not even me! I am not a signal channel, and I do not recommend entry / exit points. In my reviews, I provide analytics - the data that helps to model potential options/scenarios of price movement! If you like my reviews and help you understand and assess the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations. If you liked my idea, follow me for more
by MonoCoinSignal
ADA/BTC Forming another bullish flag. Moving towards ATH.Cardano is moving towards new ATH considering the ADA/BTC chart. Currently we ca see the formation of a second bullflag since the head and shoulders breakout. We expect some more consolidation before an upwards breakout. Smart contracts are around the corner and money is coming towards ADA. With its proof of stake mechanism it also is energy efficient. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, white and pink lines are 200MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
I sold my Cardano coins to Bitcoin right now!!! Why?We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a comparison to know what asset have more power if you look how Bitcoin and Cardano up, this chart ADA/BTC it's used to know what cryptocurrency it's more powerful. That you can to look with ETH/BTC (Ethereum/Bitcoin), LINK/BTC (Chainlink/Bitcoin) and much more to know this secret strategy that nobody talk about how the alcoins work. s3.tradingview.com And this it's the weekly timeframe, this it's sound bearsih for ADA/BTC. Now, if I have 0.45 BTC, if Cardano down to 0.000032 BTC, then, I use the following. a calculator and I divided the 0.45 BTC with the price what Cardano could to reach, in that case it's 0.000032 BTC. That mean that if this happen, I can to get 14,000 Cardano coins or little more when I hold 0.45 BTC and hope that ADA/BTC down to 0.000032 BTC. That you can to apply with ADA/ETH, that it's a different ratio, but if you using ETH/BTC you can to understand more. Good luck!!!
Short
by harisonhbn9718
6