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ADABTC

ADA: Breaks Descending Triangle on 4HCardano breaks a Descending Triangle -which perfectly touched the bottom 3 times on the 4H- to the downside. In the case for a short you should already be in a trade since the break of the higher lows at 1.18. If the bulls don't bounce from the 1.10 support, we can go towards 1 psychological and even 90 cents again, which would yield 10% and 20% on the short side unleveraged. Correlation to Bitcoin is crucial: If Bitcoin keeps falling, Cardano could fall up to 8% more and has the room to do so on the Daily & still bounce from previous support. On the other hand, if Bitcoin bounces from here, Cardano will likely follow.
BITFINEX:ADAUSDShort
by Edgy_
6
ADAUSDT (CARDANO) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - ADAUSDT was bounded in the descending triangle pattern. - Price brokeout above the descending triangle's inclined resistance and retested. - Price action is printing the inverse head and shoulders pattern. - This is a bullish reversal pattern. - There's an uptrend potential. BUY ENTRY ⬆️ - Breakout above the inverse head and shoulders neckline resistance (R1). TARGETS 🎯 - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the right shoulder support horizontal support level (S1).
Long
by Chibuike_Odoh
11
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow? If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely. But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall. The nearest support area is $0.37-0.38 Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
by pennygene
23
Cardano Boppers 33Hello Holders. NOT ADVISE, just personal expectation. We're in the business of interpretation, not speculation. On that, I think that the shape of our new "high", looks very healthy compared to our breakout consolidation in Jan 21. In all timeframes, support is being building on 2018 ATH. If you have other opinions, please share in the comments, but I see $2 fast. I've cloned this initial breakout to show how we could get there if we handle my 0.5FIB area today.
BINANCE:ADAUSDLong
by trentonscoleman
2
Can Ada outperform Eth next bullrun ?ADA / ETH ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others Here with ADA / ETH pair weekly chart : we can see strong resistance since 2018 just broken few days ago This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave Important : weekly candles must close above this resistance and dont close below again Remember ...You should have a plan before trading and expect everything Dont trade what you cant afford to lose Best wishes
Long
by Babenski
26
ADAUSDT total saleIn this idea, I want to share my thoughts and convey the essence of deceiving users. When you buy at the top, you become a hostage of the system. When all altcoins fell, the manipulator pumped the price. Now we have the opposite tendency. The price will be driven down, bought for next to nothing. This asset is currently not interesting for long sentiment. I'm expecting a change from pump to dump. Other altos are more profitable than this one. Yes, we have zones 0.8-0.98. They will stop the fall for a while.
Short
by almatradebusiness
1