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ADA - My previous scenario failedlol! This is life! I am not a GOD who can predict 100%! I am an analyst who tries to find the signs and even share thoughts, I am not sure why people become angry when they read some idea that is not the same as theirs. During these past days, just because of one mistake ( which might even happen for big and famous analysts that I am not even their beard) I had very bad comments and disrespectful msgs! It's not fair!!! We have to learn to respect each other and listen to the ideas and thoughts of other people and if we do not agree with them, give them hint! Ok! Leave all these! Double bottom in the bigger double bottom and up! that's it. I am sorry if I made some of you confused!
by Sarahtn5421
20
ADA/USDT - Bullish Breakout - update!Hello traders and community, today we will tell ourselves shortly about situation of ADA/USDT Trend analysis - As you can see from the ADA/USDT daily chart, we are currently forming bullish breakout (Ellipse on the chart) and bullish W pattern (white line), therefore we can expect possible bullish scenario after a few days later to price level $1.30. Price of Cardano is still struggling with resistance level at the moment (approximately $1.16 price level), but support zone still remain quite strong for allowing ADA to drop lower + global trend of ADA remains bullish enough. As a trader, I recommend to put buy position up to $1.3 price level, only if we see new stable support after breakout will be finished. Chart pattern - Bullish W pattern (functioning) - Bullish Breakout (functioning) Technical indicators - RSI: market is still in boarders and not fully overbought (Bull signal) - MACD: market is still bearish cause of MA lines are moving away from each other and overall trend is going down (Bearish signal) - BB: Volatility of the market started decreasing after range movement accomplished (Bearish signal) - MA (10,20): MA10 is above the level of MA20 (Bull signal) = Neutral movement prevails Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Long
by PrizesRises
ADA: WatchlistGood day to all profit makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - ADA watchlist for both up and down movements - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor and this is not financial advice! - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change! - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
by dstvst