Adabtcshort
ADA The Fenomenal Coin, But It's not time to Entry ADAAgain and again i make some analysist of the major coin and have a huge volume
The Coin is ADA Major Coin that have a good move in this month but i will tell you why you have to stay away from ADA
1. We have bearish divergence in here and it was happen
see it below
Bearish DIvergence
2. The MA 200 cross 50 that mean deathcross
see it below
Deathcross
3. The RSI looks Oversold but Reversal Volume is not low like this and we cant go more up and candle cant close above 0.5 fib fan line
RSI Oversold
4. Stoch RSI Oversold too
Stoch Oversold
5. Head and Shoulder incoming i didn't hope it will happen but the chart look like they will make HnS
Head And Shoulder
6. Bear Flag incoming
Bear Flag
Okay it's all from me if you not yet bought ada i advice you not to buy now
but if you have some ada you can sell it if the pattern that i say happen
ADA is a good coin but we must wait to buy it
Thanks
Syaerulid
Cardano (ADABTC) testing the bottom of its bullish channelCardano’s (ADABTC) price action was capture in a bullish channel in my previous post which can be found here:
Cardano (ADABTC) at the time of this post is testing the upper region of Support 1 at ~0.00003547, which also coincides with the bottom of the price channel.
A break below the bottom of Support 1 could likely trigger a sell off to Support 2.
Cardano (ADABTC) successfully holding the bottom of the channel could see price reach the new target area between ~0.00004782 and 0.00004639
The relative strength index (RSI) is also shown here for the 4hr tf and it currently has a negative slope with implies that it is better to be patient to see how price action transpires before initiating a long (buy) position. A possible point of entry (POE) as indicated on the chart is on a breakout above ~0.00003769.
This ensures helps to avoid trying to pick the bottom in case of further downside momentum for Cardano (ADABTC).
ADA/BTC (Cardano) Topping W3, W4 pullback then W5 up!ADA/BTC (Cardano) 05/03/18, 1:10 p.m. EST, by Michael Mansfield for CyptoPlayhouse
Hi trader friends! I see that the Cardano (ADA) token is topping in a Wave (V) of a larger Wave 3, in Elliott Wave terms. Since we also see 5 waves up on the 4-hour chart since the April 25th low, the current Wave 3 top should be in! If not today, the remotely possibly tomorrow.
Since ADABTC wave top is likely in place, Cardano should now begin a Wave 4 pullback lasting 5-12 days. This will likely be followed by a Wave 5 up to around 0.000050 area to finish this entire 1-5 bullish wave sequence from the March 18th low of 0.00001666, which happened to be a bullish Hammer candle formation. Not a bad move, Cardano!
After this entire larger 1-5 Elliott Wave up pattern is completed, we would likely see a larger degree ABC correction to this upcoming Wave 4 retracement area once again. Then, repeat 1-5 Waves up on a larger degree, IF this analysis is correct. This is a relatively high confidence forecast.
IDEAS:
You might look to short for 3-5 price bars down, then wait for the low to be confirmed on whatever time-frame you trade with hopefully a clean buy setup reversal bar up to reverse to long buy position around the suggested Wave 4 low target area shown on the chart.
RATIONALE:
Waning momentum on TSI and MASIC.
Bearish divergence & MASIC turned down!
Five waves up on this topping Wave (V) of larger Wave 3, likely at or near the Mansfield modified Andrews 0.618 line.
Volume accelerated on Wave (iii) of 3, as it should, with Wave (v) of 3 showing less volume, as would be expected, which provides excellent conditions for text book Wave 4 pullback/retracement.
Bearish reversal candlestick price bar is forming.
GANN FAN line is also providing resistance in this area
---------------
The forthcoming retracement should find its way to the prior Wave (iv) area,
which, is where the Wolf Wave support line is.
TRADER TIP: A bullish Wolf Wave support price target line is
drawn from the Wave (i) high to the Wave (iv) low (opposite for a bearish Wolf Wave resistance price target line). In either case, these are supposedly minimum price expectations. Test this out for yourself. Use prudently along with other supporting/confirming techniques.
CYCLES: As with a lot of the newer tokens, there is not much data from which to extract cycles from. These two cycles are the best current estimate, but not to trade off of yet.
DISCLOSURE:
This analysis is meant for educational purposes only. You trade at your own risk!
Michael Mansfield CIO
ADABTC (Cardano) price channel: 4hr tf analysisThe recent bullish action in Cardano (ADABTC) from ~0.00002389 on March 21, 2018 till present date is captured in this analysis using a price channel. Price move upwards thus appears limited as shown by the upward red arrow as the upper target of the channel is ~ 0.00004324.
Any consideration of a long position (i.e. buy) would require patience for Cardano (ADABTC) to successfully test the bottom of its channel which in this case is ~0.00003617.
A slight break below the channel should meet with Support 1 (i.e. between 0.00003547 and 0.00003380) or Support 2 (i.e. 0.00003088 and 0.00002953) as shown in the chart. A break below support 2 could result in price of Cardano (ADABTC) further declining.
Alternatively, a breakout above the upper line of the channel followed by a consolidation in price = more upside momentum for Cardano (ADABTC).
ADA - Healthy pull back expected.ADA has had a super run. However, the 4H RSI and Daily RSI are in the over bought zone. Expecting a healthy ABC correction as indicated on the chart.
Accumulation zone could be anything between, however, this would really depend on how BTC, it's big bro is performing.
0.5Fib - .00002426 BTC
.618 fib - .00002266 BTC
Any bullish move from BTC above 8500 will likely lead to a lesser retracement for ADA and most alts.
Happy Trading!
Always, DYOR!
If you agree / disagree or would like to share a view, please give us a thumbs up and write us a comment.
Cheerz!
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.
ADABTC Bittrex 4H up to 23MAR18 Trading Analysis (TA)ADABTC Bittrex 4H up to 23MAR18
4H Chart, also works in 1H, at this time the Ada (ADA) is on its way to test the SUPPORT ZONE 2 to then move up to retest the RESISTANCE ZONE 1, keep in mind that these movements most of the time reflect the BTC movements. Even though the RSI and MACD are pointing down at the time of this TA, they can reverse in any time if the Volume grows and then start a new up trend. Good Luck!
4H Chart, también funciona en 1H, en este momento el Ada (ADA) está en camino de probar la ZONA DE APOYO 2 para luego subir para volver a probar la ZONA DE RESISTENCIA 1, tenga en cuenta que estos movimientos la mayoría del tiempo reflejan los movimientos del BTC. Aunque el RSI y el MACD apuntan hacia abajo en el momento de este TA, pueden revertir si el Volumen crece y comenzar una nueva tendencia ascendente. Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
ADA can bleed more.Hello Friends,
Sorry I couldnot post here due to personal works.
ADA can bleed more? you can short it in Bitmex dot com/app/trade/ADAH18
Ok, It broke the Falling wedge which is the rare one, but it broke downside. Next demand zone is at 1300-700 sats, as RSI is in oversold area, it is possible that Price can bounce back to previous demand zone (current supply zone) @2500-2600 sats and continue to move down.
Ada/btc prepare for a little rise in the next few days. I will start of with im not a pro or anything so this is not an investment advice. But i have seen After each triangel it has been a pump, so i wanted to say for those people who going for a short term i think ada is the deal!
Leave a comment and tell me what u think, Good luck & Happy hodl sesson! :D
Short term analysis [4hr tf] analysis for Cardano- SELL OFF!Cardano made a high of 0.00009180 BTC on Jan 4 2018 and has been selling off since then. Wave W of an Elliot wave cycle is believed to have finished and is labelled wave w(in red).So far, the sell off in Cardano is shaping up as a WXY Elliot Wave structure, and we are in Wave Y of the WXY structure.
Also shown on this chart is the long term trendline of Cardano which is also present on the Daily tf. Closing below this trendline is another reason to believe that the sell off will continue in Cardano.
The blue lines marked on the chart show the area that support naturally exists for Cardano i.e. between 0.00002621 and 0.00002178.
Wave Y also = 100% Wave W at ~ 0.00002768. This is indicated by the orange line on the chart. The 100% projection of Wave Y based on wave W is an acceptable projection for a WXY structure. Therefore this increases the chance that the sell off in Cardano will target this support area.
ADA price analysis ( cardano btc price analysis )hey guy if your thinking to buy ada then you better have to wait some more dips its broke below 20 day EMA which is not good sign and also that 100 day SMA line crosses and its stay above which indicate lack of volume and trend
good support and buying zone will be 2700-2900 Sats
note: Cardano is a strong technology currency with very strong community if you buy on good dips then hold it tight expected profit 300% in mid term.
good luck
stay bless.
ADABTC Red is coming... WARNING ADA Final Drop !!BITTREX:ADABTC BINANCE:ADABTC
Ada is currently on a very bearish Trend. The RSI clearly confirms the downtrend and doesn't show us any significant sign of the great recovery of ADA for the next few days.
ADA is likely to get back to his support level of +/- 2800 Sato.
We have 2 possible action here with ADA:
1- ADA gains Power & breaks his down trend to Square up at the +/- 4700 Sato and then +/- 5110 Sato
2- ADA Drains & keeps his Downtrend to square up to his +/- 1150 Sato
I definitely think that we need to wait before making any move (Buy or Sell) as we all know Alt coins could do crazy thing depending on BTC attitude. Go and see my analysis with BTC (Link Below)
Risk management is the Key to success in Crypto
Follow me on telegram to be updated on this trade.
Like the chart if you agree and comment to share your opinion !
ADA IS GONNA MAKE IT NOW OR NEVER ! Traders,
Here we have ADA/BTC 4H chart.
ADA is down for awhile and I have 2 expectations here :
1- Strong swing up move to make this bullish and that's my strong visions.
2-Breakdown the support level and keep diving 'weak one'
I'll update after getting any signal of bullish or bearish
Regards,
Mohsen