ADA/USDT (Previous Resistance > New Support?)💎Technical Analysis Summary💎
BINANCE: ADAUSDT
-ADA is currently moving up at the previous support area
-This will be its new key level of support for the next few days
-We currently have resistance at 0.114s dollar
-If ADA can break above it, we might see a strong upside momentum
-The next key level resistance is around 0.130s dollar
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
ADAEUR
ADA/BTC (Pullback to 100D MA?)ADA/BTC
-Cardano is on a short term downtrend since the High at 1600 sat
-Its value has depreciated by -32% from the top
-If ADA will continue its short term trend
-It is likely to retest the 100D dynamic support
-Which is somewhere around 1000 sat area
-This is also a confluence of previous support in the past
-I recommend only to wait for any reversals or bullish strength
-Before placing a bid order to reduce the risk in the market
-Please be patient, do not rush, wait for the trade to come to you
ADA/BTC (Healthy Pullback?)ADA/BTC
-the price has retraced to .618 fib support area
-just below fib level is the 50ma on 4H timeframe
-if the current price level will not hold
-we may see a little more dip just above the .786 last fib support
-this is an interesting zone for buyers to start jumping in
-we know there is still good fundamental news about this coin
-I'm sure buyers are awaiting for good pullback entries
ADA/BTC (Breakout Confirmed)ADA/BTC
-broke daily recent top resistance
-with strong volume liquidating most short orders
-if you are looking for a rebuy zone
-a pullback just within the recent top to become new support
-is a good entry zone provided reversal signs is seen
-the next daily resistance is located at 1192s
ADA/BTC (Strong Bullish Candles)ADA/BTC
-the previous analysis is to buy the closed above resistance
-after a day, the price went up over 30% without leverage
-market structure is bullish
-the Cross Ultimate Indicator trade priority is Long
-next resistance is located at 960-1000
-I don't recommend to enter any position right now
-wait for a pullback or consolidation channel to form
ADA/BTC (Strong Uptrend?)ADA/BTC
-cross ultimate indicator signal Long priority
-daily uptrend continues again
-currently approaching recent swing top resistance
-if we break and closed above it
-trading Long position is ideal
-targeting the mid term resistance at 1195
-btw we have good fundamentals news today
My last Idea (Crypto)My view on Cardano. This Coin is yet to show is true potencial in the market. Once top 10 coin will come back afther years in development.
Ichimoku cloud on green
My money is with this coin... Where is your? In stocks that fall sharp in 4 days?
Invest in the future.. Invest in the Cardano project.
Target -> 2'000'000,00 US Dollar
Cardano on it's way to break through big resistance! Bullish!Cardano is currently at a level which has relatively large resistance.
I think the bulls are going to take over soon. If this happens the uptrend could be huge.
Very cryptos are showing similar moves in similar patterns currently.
If you look at CHAINLINK, it has the same pattern and broke trough.
Also DASH and LITECOIN already broke trough such similar pattern.
This is GREAT to put a stoploss above the current channel.
ADAUSD RSI Hidden Bullish Divergence On the weekly timeframe, Cardano (ADA) seems to be breaking out of a wedge pattern and it also has hidden bullish divergence (lower low in RSI and higher high in price). Fundamental analysis is also very solid for ADA.
If we see upward momentum in the market, a good target would be around the 1.618 fib extension from the previous wave which will set the price around the 0.16USD to 0.19USD range
This analysis is not financial advise, it's just for me too keep track of my own trading.
Good luck everyone
Cardano is my InvestmentIf you beleve that Crypto are dead then you miss the point on why they exist.
Crypto is more than just coins not controlled by bank and gouvernements, they are technological assets, like stocks from any big company. If you are holding 0,5% of a bitcoin, them welcome to the 1% entrepreneurs in crypto.
Now let's talk about Cardano and why I hold more than this coin above all other.
1º Cardano is a 3º generation coin, with far more potencial than the big boss Bitcoin. It's team and technology are very promising and I believe they will reach high.
2º Cardano project shows us many improvements, far more than other coins, their safe and will be careful implemented in the global market, visit the official site if you wanna learn more about this project and what they want to achieve.
3º Cardano is still a work in progress, don't you and a piece of this while it's still in the making (cheap)?
4º The market is currently in a very good oportunity for a buy. View it like a Stock, buy when is low and enjoy.
I have made a decision and grab a piece of this 3º Generation tech, What are you waiting for?