Bird Wedge on ADAUSD SHORTSFor a long time we studied with colleagues the chart of short positions on the ADAUSD trading pair on the Bitfinex exchange and found an incredible bird wedge!
Seriously, this chart directly depends on the liquidity and volatility of the market, and at the moment reflects the real state of affairs not only in the ADAUSD trading pair, but also in the entire market
Adausd
Don't miss opportunity for Long position ADAUSDThello guys
we have a very good opportunity for ADA long position
As you can see in the chart, ADA touch the bottom of the channel and it may have an opportunity to rise by 3~4% from here
all you need to know is in the chart
good luck
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Cardano ADA can be the hidden gemToday it’s time to talk about Cardano, my last trade on it was quite successful I was able to catch the countertrend trade.
You can watch it here👇
I also consider now that ADA has found it’s local bottom and we can use this opportunity to trade.
I have tried a lot of different technical analysis approaches and found that best way to trade crypto is the Elliott waves confirmed by trading chaos tools. On the 1D time frame of the ADAUSDT chart of the WhiteBit exchange I have drawn the considered waves structure. Cardano is printing the last global bearish wave 5 like the entire crypto market.
I suppose that the wave 3 inside last bearish wave have been already finished and now the price set the local bottom. I concluded it because of the reaching the target level 1.61 Fibonacci extension, which is a natural level for the wave 3. Moreover wave 3 has the clear internal structure. Awesome oscillator showing us the wave 3-3 bottom because it corresponds to the minimal value. Wave 3-5 I suppose has been already ended. The wave is extended and longer than wave 3-3, but trading chaos approach helps us understand that.
We can trade the corrective wave 4. I suppose it is going to print the flat or irregular correction because the wave 2 was represented as a zigzag. Waves 2 and 4 usually have the different structure. I have already opened long trade with the target at $0.34 because the 0.38 Fibonacci retracement is located there. This is the natural target for the flat correction.
After that I expect the last wave 5 inside wave 5 and the end of the bear market. I think ADA can form it’s bottom even earlier than Bitcoin and it has much more potential to grow in the new bull run.
Best regards, Ivan
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ADA ANALYSIS
#ADA UPDATE.
#ADA has broken above the falling wedge and is currently trading at the double top pattern and close above the double top would result in more pump in the price of ada.
ADA ANALYSIS#ADA UPDATE.
#ADA is currently trading in falling wedge supported by the Bullish RSI on 3H TF suggesting some upside move if ada breaks above the falling wedge.
ADA have entered a section that requires a long breath.Hello?
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(ADABTC 1W chart)
It has fallen in the area where the power of the rise can be obtained.
Therefore, there is a possibility of a sharp decline, so you need to think about how to respond to it.
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(ADAUSDT 1W Chart)
In order to show a mid- to long-term uptrend, it must rise above 0.3448-0.4380.
To do so, the key is whether it can be supported above 0.2772.
If not, I expect it to fall below 0.1720.
(1D chart)
The key is whether it can rise above 0.2772, which is an important volume profile section.
If not, I expect it to fall below 0.2102.
It is important if it can rise above 0.3147 to show a short-term uptrend.
As it falls below 0.2772, it is judged that it is entering the long-term investment zone.
Therefore, I think it is good to use a trading method that increases the number of coins corresponding to profit with a long breath.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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ADA - cardano update ; an alternate bottom theoryADA - cardano update ; an alternate bottom theory
Yellow fractal is the same as the other one but stretched out. The momentum signature fits quite well. Zoom out on the chart to see the momentum similarities.
Would mean the bottom is very close and quite soon. Double tap then up only.
That bigger drop option, the momentum doesn't feel right.
note the chart i did back in december i think it was; attached.
macro is pretty darn bad still, everything is still melting, inflation still high, dxy looks like it wants to pump again, at least double top imo, soooo not sure how a bottom could be close. but maybe huh, the financial world is a big irrational casino right now. anything could happen.
going to keep a close eye on this. imo ada is the perfect 'market signaler'.
Cardano Analyze (12/17/2022)!!!↘️It seems that we are still not close to the end of Cardano's decline.
I expect Cardano to continue to fall to the heavy support zone, and after breaking the downtrend line, I can hope for Cardano to rise, so if you are looking to buy Cardano, you will likely see more attractive prices.
Cardano Analyze ( ADAUSDT) Timeframe Weekly⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ADAUSDT descending triangle (NEW)What we can see in the chart is the descending triangle which is a bearish pattern.
As the price is in the downtrend overall, we expect the price to break down.
Enter the position only if we get a break down with a volume surge.
It would be 40 % drop and the price would drop to approx. $0,26
Good luck
ADAUSDT - Be Ready for PARABOLIC AltSeasonHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
ADAUSDT is another altcoin that I am extremely bullish on for the next altseason. However, the possibility exists that it might take a while to arrive, considering all the talks of an imminent recession for 2023. We're approaching a strong demand zone from 15c - 22c. From here, to expect a 300% increase is a modest target considering the last time that we hit this support zone the price increased 700%!
It might take a while for the price to drop to this level, which is a hidden opportunity considering everyone will get ample time to bag up for the next parabolic rally.
Interested in XRPUSDT ? Check out this idea 👀
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CryptoCheck
ADAUSD ❕ oversoldCardano is heavily oversold, as indicated by many indicators:
The RSI chart is in an oversold area (4H, 1H and 30m TFs)
BB indicator indicates oversold (4H TF)
On the 30m Timeframe the price and the RSI chart have formed a bullish divergence.
I expect the price to rise after it overcomes the indicated resistance level.
✅TS ❕ ADAUSD: still moving✅✅ ADA is still moving in the support area.
Consolidation continues.
Growth is possible.✅
🚀 BUY scenario : long to 0.376.🚀
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