ADA next coinbase listing!ADA is one of the 3 of the 5 coins left to be released on coinbase according to coinbase announcement in july 2018 . Coinbase stated ZRX, BAT, Zcash, ADA, and XLM would be the next coins to be listed . With ZRX AND BAT out of the way that leaves these 3 left Zcash, ADA, and XLM. Its anyone guess which coin it will be. 1 huge upside to ADA is its currently 7 cents USD with its being the cheapest coin on coinbase i could see serious volume move it unpredicted psychological levels. ADA is accumulating slowly but surely over time making the path of least resistance less and less downward over time. In my opinion i dont see ADA dropping below 1k satoshis every again so getting in at 1100 in my opinion is a good level to get in.
Adabtclong
$ADA #ADABTC Extensive Technical Analysis - Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs Daily TA session, today requested by the Elite Trading Group, we will be taking a look into ADA/BTC on Binance and yet combine it with a trade opportunity on BitMex.
If you are following my TA long enough, you know exactly that I love trading ADA/BTC and it has been pretty accurate overall. Today once again I will jump straight into it, using horizontal supports/resistances, trend-lines, trend-angles and important zones.
We see with ADABTC here pretty much a similar outcome like we see with many other alt coins at the moment. First a big big crash and now finally some significant bounces and sustainable sideway movements without crashing immediately again.
Looking at ADA we have a nice up trending angle for the uptrend support indicated in red here. This "good" angle is very important because it gives us more room to have a small retracement and load up the longing positions without leaving or reversing the trend.
The first big bounce has been really amazing and has shown once again that ADABTC is not dead and people are still very interested in buying it and not letting it go too deep. Nevertheless, it had its small sideway action and moved down a little afterwards to re-test that uptrend support, the small bounce that it had from there is in my perspective not enough for it to immediately moon and go back up. As I thought, it stayed pretty near to it but has not re-tested it a second time and now it is in some way or another a pennant. This pennant is showcased in the white colour and is providing us with a small support but as well resistance. It would have a bigger move up by breaking the resistance than just breaking or wicking down the support. It has a lot of buying possibilities below that white support in small steps from each other. On the other side upwards.. it has fewer steps with more space between them, giving it allowed sell pressure and room to pick up some momentum and pump it a little at least to our showcased targets.
We have at the top actually two important zones, one is the yellow profit taking zone and the other is the strong shorting zone. This is because in the yellow <you can easily take your profits and be happy to buy the next sub or burger, yet in the strong shorting zone you would have a very very good RRR for a SL directly above it and with staggers inside it. I hope you see and understand what I mean by that.. A small zone, with just small wicks yet in it, staggers inside it to make your avg entry as high as possible and a SL behind/above which would also mean a nice impulse move by ADABTC. What do you need more for a nice and safe shorting position?
Now, taking a look at the indicators.
FOMO has had a nice short and is now probably about to turn, and if it does not turn yet, it might just fill our orders and will then turn green and give us nice uptrend.
RSI is overall trending up from a very oversold area and has not been near 70 points for a really long time.. this has a great chance of happening since the longer it takes the stronger comes the pull upwards. Moreover, taking an exact look on RSI you will see that the very last small wick has not made anything big for it. Which leaves the RSI support flat but chart RSI trending upwards, which is from my understanding a hidden bullish divergence.
Taking a look at my desired StochasticRSI, we can very well see that it is at the bottom and turing upwards, indicating us the next possible move upwards pretty soon.
VJs Trendline indicator also seems to bending upwards and turning green pretty soon, so from my side a lot of things are speaking for a long position which I have displayed in the chart and will put now in a nice format of how I will make my own trade, for all lazy readers here.
ADA/BTC (ADAZ18)
LONG (max 10x)
Staggers - NOW - 1160 - 1139 - 1116
Targets - 1210 - 1259 - (1300-1335)
Stop Loss at a CLOSE BELOW 1095
SHORT THE RED ZONE (1336-1390) SL behind 1400.
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Cheers, TJ
$ADA Ready to POP!MACD cross on 4hr, watch for break of triangle and TD resistance for opportunity to long with 1411 as first target.
Cardano (ADA) Looking for a good short entry, long also possibleCardano has formed a head and shoulders pattern followed by rejection of the trendline and red cloud. If I were looking at the chart alone, I would be shorting, but RSI tells us the rising support at the base, so a long is equally possible. Stoch has room to run too, so at the very least we could be holding the current price.
If this break the white base I believe you should short. I recently got into Bitmex and now I am able to make money in this market way more easily.
Short target at:
1800 satoshi's.
If the long scenario happens, the 1860 level must be broken convincingly for me to go long.
Long target at:
1930 satoshi's
Thanks for viewing! I post all my private charts such as BTC/USD here on tradingview. They can be found in the related ideas. Message me if you would like access to my more recent ones and I will share all the charts with you.
Cardano (ADA) Bullish Pattern, looks to be a strong buyCardano looks very bullish right now, seems to have tested the base with the head and shoulders, now looking to break out for a 5% profit. This is a strong buy in my book, I already entered at 1834 when my limit order was filled. *My stop is 1864, so if the rally fails I can still rebuy at a cheaper price.
Buy in:
On white trendline if breakout fails, which is likely with the bullish divergence. I already bought some just in case, see note above*.
Sell target:
1963 sat level, around 4-8% gain depending on your buy in.
Thanks for viewing! I think this is one of the many good trades available today. Please leave your comments in the section below.
Cardano ADA/BTC Global Triangle in Buy ZoneGlobal Bullish triangle with strong support level and 80% Fibonacci level.
Events in the next 2 months. This is long-term investment with high profits. Gonna accumulate this token until target in 4000. Will sell and re-buy below major resistance levels. Bought at 1765.
RSI oversold.
[ADABTC +5%] Cardano Spectro™ M Bullish Reversal WarningThis is a signal using Spectro™ M
First be careful, this is the 2nd bounce from a 1st failed reversal attempt, this is a trade I like because the first wave got leveled and now we might see a double bottom giving us a solid and safer entry point.
This is a strong reversal signal since we have every single indicator in Spectro pointing towards the reversal.
The blue background is the trend analyzer telling you that we are entering a reversal zone.
The Specter Clouds™ predicts not only the oversold area but also predicts the sell target, it tells you how far off an organic move we are, so if you measure from where we are now to the top of the green cloud that's our 3.5% target.
As you can see from past trades the clouds can be very precise prediction future price.
The big green triangles mean that Spectro check 20 other indicators and they all agree in a reversal.
The Warning is also turned on, which means a possible direction change.
So pretty much we have all signals that come before the confirmation.
We didn't have any Spectro™ M confirmations yet, but still, this is an asset that you might want to watch closely since Spectro™ M just triggered a bullish reversal alert and the downtrend is almost reversing.
From where we are now to the target we can see a 5% profit, if the small correction goes all the way to the bottom of the double bottom, we can fetch a 7.5% profit.
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[ADABTC 20% LONG] Trading w/ Spectro™ MThis is a signal using Spectro™ M
The blue background means a reversal zone. After the first reversal zone, you will see the Specter Clouds (green area above price) predicted the price channel 9 days before it happened.
We see many of those "GREEN TRIANGLES" which mean that Spectro™ M confirmed a consensus on more than 20 indicators. So that was a strong reversal, and it was a very good and clean 10% trade.
I've been playing around with this bouncing - it's a fat and nice 20% channel
Right now we are much closer to a strong and old support than any other strong resistance, therefore the upside is bigger than the downside.
We didn't have any Spectro™ M confirmations yet, but still, this is an asset that you might want to watch closely if you're trading with Spectro™ M .
Targets around 15%~20% from entry.
Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org