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ADA - SUPER QICK UPDATEHey guys. Super quick update here. ADA has been breaking resistances on smaller timeframe RSI's one by one. There's bullish divergence on the 1HR RSI. I'm looking for a breakout here. Bears may try to push down one more time around the $2 area or maybe $2.10ish area. Bulls look stronger IMO as I feel they have been patiently waiting on standby. Any bears that stand in the way will likely get plowed over! It might start off slowly going upwards before blasting through the resistance... OR it might just blast through the resistance. The pattern APPEARS to have bottomed out all the way down to the smaller timeframes. *** As always, NOT FINANCIAL ADVICE, Always do your own research before investing *** Better chart coming later. Stay tuned for updates. Thanks guys. Take Care.
COINBASE:ADAUSDLong
by Mboersma0324
1
ADA - IMPORTANT! IT'S DECISION TIMEHey guys hope everyone is doing well. I think the BULLS AND BEARS are battling it out right now to determine where ADA goes next. The chart shows everything well for both bullish and bearish (and in the middle) scenarios. (PERSONALLY IM VERY BULLISH) Even the "bearish" Red path IS STILL BULLISH in the mid to long term because I think a drop here would get bought up very fast! (MY OPINION) (STILL BULLISH, JUST CAUTION WITH LEVERAGE!) What do you guys think? If you like this idea Like, Follow, Share. Thank you. *This is NOT financial advice. This is just an IDEA based off my experience analyzing charts and studying crypto. I recommend researching cryptocurrency because of the potential for you to become A BELIEVER of this technology and its future (FUNDAMENTALS ARE WHAT MAKE OR BREAK CRYPTO) IF YOU HAVE THIS, INVESTING BECOMES MUCH EASIER!*
A
by Mboersma0324
1
ADA - GET READY FOR THIS!This is another ADA update. I've been following ADA closely here because Its one of my favorite coins and one that I truly believe will be around for MANY YEARS TO COME! IMAGINE the price targets we'll be talking about in 5 years from now! WOW! We're still in a squeeze as shown in the previous ADA charts. (I'll leave a link below) but I THINK WE'RE JUST ABOUT READY TO BREAK OUT OF IT! The BBWP has been flashing a very big buy signal as the Bollinger Bands width is getting very small! This usually happens before a big movement! That movement can be UP or DOWN, but when you also consider the current BULLISHNESS we're experiencing in the whole crypto market right now, and the fundamentals, WELL LETS JUST SAY THE ODDS FOR A BREAKOUT TO THE UPSIDE ARE PROBABLY 95+% IN MY OPINION. SURE we could see a drop first BUT even if we did I DON'T EXPECT IT TO LAST LONG AT ALL (less than a week, probably less than a day, that's IF it even happens) This is a long term IDEA as I do believe ADA will be around for the LONG TERM! The weekend is coming up after today and USUALLY that means SIDEWAYS action so we'll see how that plays out later on. I'll keep you guys updated! I HOPE YOU ALL ARE DOING WELL! I HOPE THIS JOURNEY LASTS A LONG TIME AND THIS IS JUST THE BEGINNING! *** I AM NOT a financial advisor! This is just AN IDEA based off of my experience studying cryptocurrency and nothing more*** *** ALWAYS DO YOUR OWN RISK ASSESSMENT AND RESEARCH BEFORE INVESTING IN ANYTHING! I encourage everyone to research cryptocurrency and gain an very good understanding of it as I think it will make you a believer too!*** Take care!
Long
by Mboersma0324
1
ADA - BULLISH ENGULFING DAILYADA - Just a quick update on ADA guys. So the Daily candle is a Bullish Engulfing candle which suggests ADA will attempt a 3rd time to break free from this resistance. I think the rest of the market being so bullish and BTC setting NEW ATH today helped keep ADA away from the 2.00 area FOR NOW! It's important to see what happens here soon and if ADA can at least break this resistance. If it does id say there's a good chance for a little relief rally maybe to the $2.40 area before a small pullback and then continuation to the upside! SO MAYBE, WE MIGHT NOT SEE THOSE LOWER TARGETS OF $2.00 - $1.90 I DO BELIEVE WE WILL GET A BETTER IDEA VERY SOON AS TO WHERE THIS IS GOING! This IDEA is more relevant for TRADERS or people opening a LONG with high leverage who don't want to get liquidated. IF you're not day trading or opening a long with leverage then this IDEA is kind of IRRELAVENT BECAUSE MY PREDICTION FOR ADA IN THE NEXT 3 MONTHS IS VERY BULLISH and I think you'll be just fine whether you buy here or lower IT DOESN'T MATTER MUCH. IF your using LEVERAGE then YES IT DOES MATTER WHERE YOU BUY IN and it is IMPORTANT TO MAKE SURE YOU'RE NEAR THE BOTTOM! Without leverage, IF YOU WANT TO BUY AND HOLD FOR A FEW MONTHS I THINK THERE IS NOTHING WRONG WITH THAT FROM THIS POSITION . ** OF COURSE THESE ARE JUST MY IDEAS BASED OFF OF MY EXPERIENCE. ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING***
KRAKEN:ADAUSD
by Mboersma0324
ADA long analysisSo many people are upset saying why Cardano is not moving up? it's a stablecoin and ... But this will end soon, bull market showing its strength with 67k BTC, and with that higher ATH for ADA is reachable. Cardano after breaking its downward channel did a long pull-back and right now it's showing strength again, it's a good time to buy, we may not see ADA so cheap again. It's pure price action and easy to understand. Disclaimer: It's not a signal it's an idea, open positions by your responsibility.
Long
by DanielNoohi
3
ADA breakoutADA Update Ada has broken out of the symmetrical triangle to the upside creating a new high and creating a break of supply with higher volume showing buyer intension. Daily look good with nice marubozu candles with little sell side pressure, would like to see a retest of the outer triangle to confirm upwards intention and continuation. I posted this long setup back on October 13th with a sniper entry on the lower structure of the triangle based on my TA and the formation of higher highs and within a demand zone for a bullish continuation. Currently running in 2R profit, you could look to take profits here to become risk free and leave the rest running.
FTX:ADAPERPLong
by marshyyy
ADA usdt Tecnical AnalysisI stated the target as 1-2-3, but it will not reach these targets. Target 1 might be the entry point. It's not a coin I like, but it hasn't been in action for a long time. Assuming it moves within a channel, it also coincides with the Fibonacci levels we predicted. In this case, the region we specified as Target 1 in the previous chart will work as support. I'm waiting for the price to return from here. If there is no decline that will invalidate all these assumptions, a bat pattern will emerge. So our selling target will be around 2,400, which is in line with the average 2.618 fibonacci levels. Considering that it has not been able to start a trend for a long time, I think this target level will be just a start of ignition. It would be right to make a re-evaluation when we see the main target of 2,400 prices. Of course, it is inevitable that there will be a pullback at the price of 2,400. I would like to point out that I have also observed that there are large amounts of money flows to matic and the ada on Money Flow. Note: This is not investment advice.
Long
by CryptoBrainn
3