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ADABTC

ADABTC - Head and Shoulders on the dailyIf this head and shoulders is confirmed for the ADA-BTC pair, it's going to get very very ugly, and probably very quickly. The downside is massive from the top of the head to the neckline, measured below the potential bearish break point. The overall trend is still very bullish, but short term momentum has slowed, which could potentially lead to larger breakdowns in price action depending on what the BTCUSD pair does in the coming days. The most recent 5-7% dip in BTCUSD price weakened a lot of other crypto pairings, causing similar pullbacks market wide. If that dip turns into a longer term correction, odds start to stack up against a continuation of the bullish trend, and start leaning into bearish territory. My plan is to remain watchful for breaks below any key levels of support, and to exit positions if that occurs, without hesitation.
by Crypto_Mayhem
1
ADA still in consolidations with a possible breakoutADA still holding the bullish uptrend and it's continuing the consolidations process. What you should looking for, ADA needs to cross 1.1670 to continue upwards towards the $1.31, if we cross the $1.31 than ATH might be achieved again and continue from there to even higher level. If and this is a BIG IF we lose the $1.00 price level, than expect a downtrend with a support of $0.956 and $0.80. ADA still very bullish despite the pullback from the ATH twice, still moving on the daily chart within the ascending triangle witch is Bullish pattern.
KRAKEN:ADAUSDLong
by PatrickHob
10
ADA is on the verge of a 24% upswing Cardano price prints a bullish technical pattern on the 4-hour chart, hinting at an incoming breakout. The falling wedge pattern may elevate ADA to $1.35, jumpstarting the recovery to a record high of around $1.48. Cardano is among the few cryptocurrencies trading double-digit gains among the top 50. The market is dotted in green; however, price action remains lethargic. ADA is up 14% over the last 24 hours to trade at $1.11. For now, the least resistance path seems downwards but Cardano is trading within the confines of a bullish technical pattern, suggesting that an upswing is likely in the near-term. The aspiring smart contract token trades at the apex of a falling wedge pattern, suggesting that a reversal is in the offing. The bullish outlook forms when an asset's price drops with pivot highs and lows while converging at a single point referred to as the apex. A breakout is usually anticipated before the trend lines converge. The common breakout is mostly confirmed by a consolidation period, followed by a spike above the upper trend line and reinforced an increasing trading volume. As for Cardano, the 24% breakout is expected to come into the picture as soon the price steps above the wedge pattern and the hurdle presented by the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. It will be a real breakout if the 50 SMA's seller congestion area is pushed into the rearview. The expected upswing may fail to come into the picture if the Moving Average Convergence Divergence (MACD) continues to slope downwards. Currently, the MACD line (blue) is holding under the signal line, confirming the bears are still in control. Cardano intraday levels Spot rate: $1.1 Relative change: -0.006 Percentage change: -0.4% Trend: Short-term bearish bias Volatility: Low
BITTREX:ADAUSDLong
by CoinGape
5
Is not over yet! Corrections continue until...Hi fellow traders, Don't be fooled with the sudden break we have now, ADA and so Bitcoin are going into that phase of correction. For ADA, we are forming a descending wedge that eventually will lead us down to 1.10- 1.05 support area. The last gap will be filled! Follow the green arrow, it will be adjusted a we go through the process, we should expect to reach the 1.24 before we retreat again to the level of 1.14 and eventually 1.09ish. Please trade at your own risk
KRAKEN:ADAUSDLong
by PatrickHob
4
ADA/USDT Technical AnalysisAs usual, I like to make technical analysis simple rather than just a load of lines and colours. I like to annotate why I drew those lines and also to help you see the trend. As we can see, the whole market is in a very volatile position due to bitcoin if bitcoin rises/pumps. Suddenly, we could see a potential drop in ADA or potential gain depending on the market cap of an ADA at the point BTC rises. It's hard at the moment to say whether ADA will pump or fall due to bitcoin dominance. I am optimistic ADA will pump. However, it needs a bit of dumping first, especially since the hype around the coin has gone. If we reach into the green zone, we could see a new RECENT ATH! However, if we fall below the support line or into the red zone, we could see a good dump ahead of us. But I know that's not what you guys want to hear. My personal opinion on ADA is that it has a lot of work to do it is still an unfinished product the reason why the price went so high was because there was a lot of hype around the token now that hype has started to go down, people have slowly started selling their ADA hence the drop I don't personally have ADA however there is a chance I will buy some in the near future because it is still a great project ALT-SEASON IS SOON YOU HEARD IT HERE FIRST!!! 🚀🚀🚀 What do you guys think? 🚀
by ChrisOT
1
Cardano Heading Lower?ADA looks to be losing the $1.20 support line after flirting with it multiple times the past week. We broke below temporarily, touched $1.16 and then pushed back to $1.21 but failed to break local resistance or the EMA clouds on 1h chart. This is signaling to me that we might head back to $1.12 support lvl. There are many crypto setups that I'm bearish on in the short term right now and ADA has a nice setup that could payout down to $1.12 support. Plan: Short ADA under $1.20 support risking off of the $1.22 POC on the 1h chart and the 50 EMA cloud on 1h chart which is sitting at $1.2349. This sets up a 2.5% risk with a SL at $1.24 and a 7% gain on $1.12 profit taking. - ADA may rally back to $1.228-$1.233 lvl (EMA's and POC on 1h) but if it fails to get over those lvls then I will add to short position. $1.16 is a support lvl on the Daily chart with the 20 EMA cloud located at that lvl, may bounce there again. *ADA is one of my largest swing/stake positions, I am only playing charts here.
KRAKEN:ADAUSDShort
by DOpeTrades
6
ADA EMERGENCY UPDATE: DONT CALL THE FUD!!!ADA EMERGENCY UPDATE!! I have seen a lot of FUD because of ADA's flash crash; double tops, going back to 1$, ADA is like DOGE or XRP. No, no, no, no, no, no and no! All wrong! I bet you are looking at ADA after the crash and are like: WTF?! Read this and calm down! FLASH CRASH / LONG SQUEEZE Since everyone was dropping mad LONGS on ADA just like I told you in previous updates, market makers decide to squeeze you out of your long, they always do that! Secondly we had a bunch of people shorting the ATH which created more selling pressure, check my last ADA chart I warned for a drop there. Lastly, we had Coinbase absolutely f*cking up the price at the listing; opening with 1,65$ and even touching 2$, ofcourse that freaks traders out if ADA is 1,40$ on other exchanges. SHOULD IS SELL MY ADA? The answer is no! Due to this pullback we had to chance to see how healthy this pump is and I can tell you; it is very very healthy. As you can see we found support well above our bull market support line; its simple; if we stay above this line we will climb to at least 2$ in the short / middle term (a few weeks, not months) if we drop below the bull market support line, we could see a pull back and a short term bear market, still even then; 2$ is imminent in this bull run. LONG ENTRY I see possibilities for a MASSIVE long entry, just like my last update, check chart for entry and targets. And yes, Im still in my old long (+300%) and im not gonna sell! WHEN DO WE PUMP? The pump can start anytime from now, personally I expect the biggest pump to come afternoon / evening times PT, so that would be coming night and the night after. This weekend will be massive for ADA and we could already reach 2$ in a few days, I am not saying we will but it is possible! Do you understand now how much money market makers need to pay to those who long? Exactly and thats why they flash crashed the market to liquidate or stop you out, luckily for me and you all, we had the signal well before the pump and to stop us out they'll have to literal;ly crash the whole ADA market. Not gonna happen! ADA is not gonna crash and if you bought the top, chill out and be patient! Look at the orange bull market support line, it goes alllll the wayyy to 2$ and beyond. Time is on your side, dont freak out! Simple TA: all ADA pairs are bullish for Cardano, thats it! Dont be played by CZ and the gang, they love to take your money and your ADA, dont get rekt! CURRENT SITUATION >>> ADA 24HR CHANGE: +4%! // FOLLOW THE TREND AND DONT CREATE FUD, WE HAVE 2 TRILLION TO DOUBLE SPEND! IMPORTANT: I dont give financial advice, I only state my opinion based on my knowledge of markets and TA, invest or trade at your own risk and research.
BINANCE:ADAUSDLong
by cryptobullethbtcxlm
30
Cardano (ADA) - March 21Hi? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We have to see if we can get support from 1.15577388-1.22749797 and climb above the 1.29780698 point. If you move down from the 1.15577388 point, you need a short stop loss. However, it may rise along the uptrend line, so careful trading is necessary. The next volatility period is around March 29th. -------------------------------------------- (ADABTC 1D chart) The ADA must ensure that it is supported by the 2097 Satoshi. It remains to be seen if there is any movement deviating from the 1683 Satoshi-2511 Satoshi section due to volatility around March 25th. In particular, it remains to be seen if it can break off the downtrend line and get support at 2217 Satoshi. If it falls in the 1545 Satoshi-1683 Satoshi section, Stop Loss is required to preserve profit and loss. ------------------------------------ (ADAUSDT 1D chart) We need to see if we can get support at the 1.16321-1.23899 section and move up along the uptrend line. If you fall at the 1.16321 point, you need a short stop loss. However, it may rise along the uptrend line, so careful trading is necessary. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ADAUSD
by readCrypto
4
ADA - Accumulation TimeADA/BTC is correcting after the recent news of the Coinbase listing. I think we still have a ways to go in terms of correction, but this presents a very good buying opportunity. I will be opening a 10x long on this trade, but as always please set a stop loss and be careful. The 1H still looks bearish, meaning we can find a better entry over 1-2 days. The 4H is also bearish but looks like it can flip in a few days given some buying momentum. Here are my plays. Entry: 2,000 - 2,050 sats Stop Loss: 1,950 sats Targets: 2,200 - 2,400 - 2,600 - 2,800 sats
Long
by mablack15
1
ADA Cardano - Our Updated ChartHi everyone, what a boring Friday yesterday was, let's hope we get to see the good kind of volatility this weekend again (Up North - in the Green). Our favorite asset ADA Cardano after another fantastic week has been taking a break, lying on the new support at this very moment. As much as a dip/correction can never be crossed out. especially close to all time highs, we remain moderately optimistic that we can expect a further rise. On the chart you will find 3 short and mid-term target levels. Price is on support so if you use stop losses you can always have a tight (close) one right below this support level. Let's go ADA, you deserve higher. My best wishes for a nice weekend. Lockdown is over here so finally time to have a nice lunch and dinner at a restaurant and enjoy the sunny weather over here. Somehow Shisha is not allowed, not sure how or why it affects Covid but I guess 'it is what it is', shisha or no shisha remember to have good times with the people who matter. That comes second cause health comes first.... trading and money come third. the FXPROFESSOR
Long
by FX_Professor
9
Healthy future for ADA Cardona coming aheadHello friends, Cardano is going though an ascending triangle were there is only one way out witch is upwards for the near future. However for the near term we are experiencing a bounce up towards the 1.38. I expect from there to revisit the 1.07 area to fill the lower gap from the recent 40% gain we had (we filled the upper gap already). Once we filled that gap, ADA shall continue it's way upwards not necessarily straight up within that ascending triangle until we have breakouts through the 1.50 resistance and BOOM! Cardano is very very bullish, for the long term investment you are the winner here, as I expect ADA to reach the $3 range in the next 2 months. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
12
ADA 40% up, NOW what? Just be careful it could go either way!Cardano ADA was beautifully rise up 40% with no hiccup. 2 scenarios are waiting for us A or B. I do believe that B is more likely, but with all the hype is going about ADA we could have A in place. First in trading stock, I always afraid from sell the news!!! I mean the listing on Coinbase pro. The hourly chart showing us that we have formed a steep ascending wedge, usually that the price will breakthrough down not up, the squeeze momentum indicator showing a bearish divergences so far. Things to watch, If ADA don't hold the 1.32, we have a 3 support lines to watch 1.27, 1.24 and 1.07 before the trend reverse again and continue upwards. It could happen very much that we may have to revisit the 1.07 area to fill the gap been created for this runs up. Scenario A it could very well happen if we breakthrough from where we are now 1.38 range knockdown the barrier of resistance 1.50 than the road is clear to at least $1.65 - $1.75 I myself sold half of my positions now and waiting to see what scenario is going to play before I buy again. !.32 is very important to hold, and 1.45- 1.48 is very important to knock down. I'll try to keep you updated through the process as much as I can. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
6