Adabtclong
Bullish Cardano (ADA) Trading Idea (Increase position 10-15%) Signals:
Significant buying pressure allowing ADA to break past 2400 resistance, now proven to be a support level
RSI showing continuous strength for past 3 weeks (This is actually a bullish sign, not an indicator for an overbought coin)
Bitcoin losing dominance every week, sign that altcoin season is here.
How to trade:
If it can hold the 3000 level, buy in around there.
Sell points
Around 3500 satoshis, the first significant resistance point
Buy back in after expected correction of around 10-15%, increasing your position in ADA by 15%. This step is if you are bullish in the long term.
ADABTC - ascending triangle with cup and handle ! : )ADA creating CUP & HANDLE formation after Golden Cross.
Very good situation and I will considering to place a buy order, when Cardanol break above C&H neckline ( yellow line above ).
Hovewer , is important to wait for confirmation because it can breaks below and fall pretty much lower.
If up, nearest target is 3600 Satoshis.
If down, nearest target can be 2770 Satoshis.
Be careful and never trade by my ideas.
If you like, leave a like :D easy peazzy.
Sincerely,
Mario Emvo.
*This is not a financial advice.
*Only for educational purposes.
ADA is coming back with a huge profit!ADA had one of the biggest hype in history. ADA made over 1000 % in one month and owners got a nice profit from ADA. After that ADA started falling down and no one knew when ADA would come back. The comeback of ADA is just happening.
If you trade ADA you never make a mistake because it is one of the greatest coins in the market with a huge potential in the market. The coin is still quite undervalued and that is why you have the best chance to buy this coin and wait and wait and wait because, in a few years, you will make lots of percents. Cardano is home to the Ada cryptocurrency, which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.
ADA will publish their new roadmap in 17 days which will affect the market and will push it higher. ADA will be also added to Cryptopia . According to developers, we will see a lot of great news in the future.
Recently, we could see the highest volume in a day. That means only one thing - someone invested a lot of money to break the trend line and wanted to make uptrend. Indicators show that the uptrend has just started. The profit can be possibly more than 220 % .
Enter:
0.000027 - 0.000028
Sell:
1. 0.000035
2. 0.000048
3. 0.000060
4. 0.000068
5. 0.000082
6. 0.000088
7. 0.000100 (ATH)
ADABTC Breakout Achived,Retracement LevelsIn this chart, you will see that BINANCE:ADABTC already breakout from its trendline. Now what we're looking next is its retracement levels. You can see that the Stochastic RSI is also overbought and it needs to come down.
Please feel free to leave a comment and subscribe in my channel
ADABTC ARE YOU GONNA PLAY IT OR WASTE IT ?? UpdateHello Traders, we are looking ADABTC 6.75% 4H chart, no indicators, plain chart and I'm excited..
Now listen why :
3 bullish patterns, YES - 3 !! On 1 chart.
cup and handle , inverse head& shoulders ( I have extended neck line to show you that we tested and confirmed it as a support now), also
ascending triangle that we are in.
I'm supper bullish on that coin in next 2-3 months, also beacuse of fundamentals.
just give an answer in comments :
ARE YOU GONNA PLAY IR OR NOT !! ??
If you like my chart and will make money on it, and want to help my education - send me tip cause Im so fuck broken
after adress change :) just feel free to ask for wallet in private message.
Update :
Good Morning Traders.
As you can see we left ascending triangle as I predicted, I put some Ghost Feed on the chart to show next possible direction.
Did you lock 19% profit after my yesterday chart and now do you scalp your coins ?
I hope you did :-)
Trade still active, waiting for big profit midterm.
ADABTC - long. Looking good. Trenidng well in ascending triangleNothing fancy here guys. Just ada looking real nice these days. Touching support again now of ascending triangle that has been forming since ADA bottomed out last month. Volume has built nicely within the last few weeks. Potential to go long from support of triangle with a tight stop or trade the breakout, if and when it comes. We should move to previous support resistance line easily enough....but that will also depend on what happens with BTC.
This is not pro advice. DYOR. Im a noob.
Happy hunting.
TRADING WITH THE TRENDIdentifying the trend and trading with it is vital to your success as a crypto trader.
The crypto market can be an emotionally charged place and,
when traders start pushing the price of a coin in one direction or another,
other traders typically start to follow suit and push the price of the coin in
the same direction. When you see increasing momentum building behind
a moving coin, the chances are good that the coin will continue moving
in that direction. At that point you increase your odds of making money by
trading with the trend. Fighting the trend generally turns out to be a losing
proposition.
Trends tell you where prices will most likely be going in the future. If
traders are pushing the coin price higher you ought to buy the coin to make money.
If traders are pushing the coin price lower, you
ought to sell the coin to make money. If traders in disagreement
over where the coin price should go and are pushing the coin price
sideways, you ought either to alternate between buying and selling the
coin or wait until the trend is clearly up or down to make money.
PAYING ATTENTION TO SUPPORT AND RESISTANCE
Support and resistance levels are like the ends of an Olympic swimming
pool. Just as the ends of the pool tell swimmers when it is time to turn
around and start swimming in the opposite direction, support and
resistance levels tell you if the price of a coin is likely to stop, to
turn around, and to start moving in the opposite direction in the future.
Knowing where a coin may stop and turn around helps you to
enter and exit your investments at the most profitable times.
The Double Bottom ReversalThe Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.
Although there can be variations, the classic Double Bottom Reversal usually marks an intermediate or long-term change in trend. Many potential Double Bottom Reversals can form along the way down, but until key resistance is broken, a reversal cannot be confirmed. To help clarify, we will look at the key points in the formation and then walk through an example.
Prior Trend: With any reversal pattern, there must be an existing trend to reverse. In the case of the Double Bottom Reversal, a significant downtrend of several months should be in place.
First Trough: The first trough should mark the lowest point of the current trend. As such, the first trough is fairly normal in appearance and the downtrend remains firmly in place.
Peak: After the first trough, an advance takes place that typically ranges from 10 to 20%. Volume on the advance from the first trough is usually inconsequential, but an increase could signal early accumulation. The high of the peak is sometimes rounded or drawn out a bit from the hesitation to go back down. This hesitation indicates that demand is increasing, but still not strong enough for a breakout.
Second Trough: The decline off of the reaction high usually occurs with low volume and meets support from the previous low. Support from the previous low should be expected. Even after establishing support, only the possibility of a Double Bottom Reversal exists, and it still needs to be confirmed. The time period between troughs can vary from a few weeks to many months, with the norm being 1-3 months. While exact troughs are preferable, there is some room to maneuver and usually, a trough within 3% of the previous is considered valid.
Advance from Trough: Volume is more important for the Double Bottom Reversal than the double top. There should clear evidence that volume and buying pressure are accelerating during the advance off of the second trough. An accelerated ascent, perhaps marked with a gap or two, also indicates a potential change in sentiment.
Resistance Break: Even after trading up to resistance, the double top and trend reversal are still not complete. Breaking resistance from the highest point between the troughs completes the Double Bottom Reversal. This too should occur with an increase in volume and/or an accelerated ascent.
Resistance Turned Support: Broken resistance becomes potential support and there is sometimes a test of this newfound support level with the first correction. Such a test can offer a second chance to close a short position or initiate a long.
Price Target: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance.
It is important to remember that the Double Bottom Reversal is an intermediate to long-term reversal pattern that will not form in a few days. Even though formation in a few weeks is possible, it is preferable to have at least 4 weeks between lows. Bottoms usually take longer than tops to form and patience can often be a virtue. Give the pattern time to develop and look for the proper clues. The advance off of the first trough should be 10-20%. The second trough should form a low within 3% of the previous low and volume on the ensuing advance should increase. Volume indicators such as Chaikin Money Flow, OBV and Accumulation/Distribution can be used to look for signs of buying pressure. Just as with the double top, it is paramount to wait for the resistance breakout. The formation is not complete until the previous reaction high is taken out.
ADA/BTC Analysis 2018Hi Seildev here,
Hope everyone has had great easter break and spent time with their loved ones.
Today we're looking at ADA/BTC pair. Trend line at times in the crypto currency space does not work as well as planned inclusive of the Fib areas as when these coins are being sold at vast majority we rarely see a bounce off from key levels.
However, we have seen a horizontal key structure level at 0.00003070 where we've seen a bounce on the Feb/24th. Right now we are in the no man land however in this daily chart we are seeing a squeeze formation to either give us 2 scenarios of:
- Buy opportunity if price above 0.00002508 and sell at 0.00003095
- Price dropping further 0.00001260 which will present us with another buy opportunity.
As always, trade with a plan and safe trading.
If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
Time to open LONG ADABTCI proposed open short position on ADA in my previous analiz.
You can check it here:
So now, ADA find support and ready to start. Next move will be i and ii wave which are should be left part of head and left shoulder.
It just my filling. I'm risky boy xD
So, if you would like protect your balance buy in after sustain about 2460 satoshi!
Have a nice day and good profit!
ADABTC reversed Head and ShouldersADA is a strong coin which may show a decent growth at any moment. There was a significant drawdown, however the asset has returned to the buying zone. Our team detected a reversed Head and Shoulders pattern combining it with an oversold zone according to Stoch RSI and Aroon indicator we forecast a growth after the price reached suggested zone. Ichi cloud will soon become a strong support.
Conclusion: The market is unstable nevertheless it is a good trade opportunity if you follow all recommendations and tactics: accurately follow buying zone, targets and stop loss zone.
The signal was posted in the Premium channel an hour ago
Cardano is ready for big things!
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing.
RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow.
If everything goes how it should, be ready to open a position.
Very good coin at a very good price, guys
ADA bottom soon. Rebounce at 2k (RSI now oversold) now 2615One more nice TA for a quality coin named ADA! I am following ADA a while and its looking very good in my trend channel (downtrend) and accumulation is soon at 2k sat with a rebounce!
I set a ask price around 2K sat and buying at this level ... there is not much place down from 2k!