Cardano (ADA) Soon To Break For MoreCardano (ADA) has been inside of a falling wedge but it soon has to break for more target since it has some major news for JULY 2020. Set your alerts on the upper trendline of the move and ride the wave.
Adabtclong
ADA may display its full value in the next year Cardano is ending is first phase. Will become a fully decentralized crypto next month. The project will show its true colors has it joins more websites like coinbase and others. Eyes will be in Cardano in the next year, has this 3 generation coin marks the future of proof to stack concept in cryptoworld.
ADA/BTC AnalysisADABTC is attempting to break out of a strong resistance if flipped will most likely hit our TP1 shown in the chart. (22%)
- As you can see it is also forming a bearish deep crab harmonic pattern. So I would suggest you sell it all at TP1 and buy back lower.at the 0.382 retracement.
ADA/BTC - The sidewall is a year long. On a weekly timeframe.
Divergence has stopped the downtrend.
Cheap EOS for BTC has been accumulating for almost one year.
Exit from the side movement will give a decent growth.
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Cardano IdeaCardano has formed a strong horizontal range on the BTC pair, which has recently seen some bullish movement
Fibonacci spiral shows a clear head and shoulders pattern on the BTC pair
On the USD pair movement upward can be expected between the two fib spirals
And a bullish rising wedge?? Maybe..
ADABTC -> Aiming to test resistanceLong Cardano ( ADABTC ) here.
Strong pullback from support on weekly timeframe and steady growth.
First target 540 satoshi, second one - 630 satoshi. Invalidation - falling below weekly low.
Sneaky option - Trying to catch wick into 450 level, left some bids there.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
ADA is stronger than bitcoin.ADA is stronger than bitcoin.
Bitcoin's weakness can play into the ADA's hand, which will break through the resistance.
The trend angle can be seen on the blue support lines. There should still be the ending points.
Whether it is through a pullback or immediately, it is like the market will give.
Friends, thanks for your likes and comments!
Good luck with trading!
ADA/BTC (Bull break: up to 20% profit?)ADA/BTC
ADA broke the descending channel to the upside but with not enough strong momentum If we see a minor pullback.
The potential good buy zone is at 460 sats area and targets up to 510 - 570 sats levels.
Applying a tight stop-loss below 445 sats level.
ADABTC formed bullish BAT | Upto 16% bullish moveHi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fib projection level.
Then we have witnessed that the price action moved up and entered in the target sell zone. This time the Cardano gave more than 20% profit for its traders on a short term 12 hour chart.
A new harmonic BAT pattern:
This time again on 12 hour chart ADA has formed another harmonic bullish BAT pattern and entered in potential reversal zone. And giving another chance to earn more profits.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci level.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be:
Buy between: 0.00000441 to 0.00000431 sats
Sell between: 0.00000465 to 0.00000501 sats
So this short term trade can has capacity to produce upto 16% profit.
Stop Loss:
The potential reversal zone area that is up to to 0.00000431 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
ADA Some more wedge symmetrySome wedge symmetry, check out my last post for details on nature of the chart patterns will link.
ADABTC strong Place to buy Now for 100 % 200 MA 0.382 Fib Level at 506 sats and for Elliot wave perspective it looks to complete the wave 2.
Well wave 3 Target could be 980 easy. I hope that now correction is over.
Buy the Fear 17 and sell the Extreme. Please do like the Chart. Thnx
ADA/BTC TA Update (Flip Old Resistance to Support?)ADA/BTC
ADA has dropped over 25% from the top 690 sats area. The price has now reached the average zone and gold Fib 0.618.
Current price levels coincide with the previous resistance zone and have the potential to flip this into new support if ADA can break this descending trend-line resistance.
I need to see ADA hold this current price for the next 4-7 days to decrease the downward pressure from the bears.
If you are looking to play this on the Long side. You must have patience and wait for the right confirmation before pushing the green button.
ADA Cardano BTC 1 W chart- the beginning of a new upward movemenADA - Cardano BTC 1 W
Ranked 12th with a capitalization of 1.3 billion.
Maximum Cost (High)
0.00008788
Lowest cost (low)
0.00000396
Current value 0.00000566
Of its maximum values at the current value of the fall is 93.3%
This altcoin is interesting for purchases and holding in the portfolio of both an investor and a trader.
There is good potential in the ratio of risk and profit.
I also look at the large accumulation of volumes that took place over 168 days, which may signal that at this level someone is buying and not allowing the price to fall below their minimum values, which is 400 satoshis.
Exit from it also happened on a pulse.
And the price is above 530 which is also good for continuing the upward movement.
To start a new strong upward movement, the price needs to go through and gain a foothold above 960 satoshis, which will allow us to see the following goals, and this:
-0.00001200
-0.00001465
-0.00001760
Where we have a local high, and the second is very resistance.
Interesting prices to enter the purchase:
0.00000560 - 505
Fixing on 4 take (25%)
0.00000690
0.00000910
0.00001230
0.00001455
Stoploss - 0.00000400
The relations p \ n = 2.6
Upon reaching the first goal - stop in b \ y
This is just my opinion, and is not a call to action)
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CARDANOGuys, if you like the idea please put like button, this will be the best thanks. Thank you for your support, I appreciate it.
ADABTCGuys, if you like the idea please put like button, this will be the best thanks. Thank you for your support, I appreciate it.
ADABTC need to close wihtin Bullish PatternADABTC need to close in bullish pattern. As yesterday candle succeed to close above. let see how today daily candle close for more bullish momentum.
ADABTC Let see how it respect short term Flag.Big B BTC is in viral move. Let see how ADABTC reacts and respect this short term Flag. Please do like if u find any help by this.
$ADA vs $BTC Long$ADA vs $BTC Long after the breakout targeting next resistance (confluence zone between S/R flip and EMA 50). Weekly chart.
ADABTC above all MA Looking to break FlagCurrently Cardano looking to break the Bullish Flag. as It is respecting the Bullish Flag. Now need some disrespect and will break Bull Flag. If u find any thing help please Click on Like the button.
ADABTC is bullish, should breakout soonADABTC has been trading in an accumulation range: 0.00000440-540 BTC For the last 4 months.
ADABTC started showing a bullish signal when price reversed from 0.00000402 BTC with a high volume buy candle on daily.
ADABTC has also broken out from 50,100 and 200MA last week, and the price is now trading above 200MA.
ADA can try to break out from accumulation range soon, a clear break above 0.00000540 will take the price to 0.000006-0.00000630 which is also the next resistance.
Cardano founder announced a possible hard fork in mid-February, this news can provide enough fuel for this upcoming rally.
Trade Signal:
ADABTC
Entries: 0.00000450-500 BTC
Exit: 0.00000600-700 BTC
STOP: 0.00000400 BTC
Cardano breaks accumulation resistanceCardano just broke a resistance level which has sustained for the past 6 months.
The MA 50 & 100 are about to cross the MA 200 soon. RSI is heading to bullish territory and MACD has turned positive.
OBV also has been increasing corroborating the accumulation.
A lot of fundamental updates and releases will be coming in the next few months.
Note: This is not financial advise. Please do your own research.
