ADAUSD: Dont Buy Wait For Fall #ADAUSD Analysis
Crystal Clear Sell, Dont Buy Just Wait For The Fall To Happen, + Dont Forget To Match With Your Strategy.
Like + Comments Will Be A Big Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
Adausd
As close as you can predict the Crypto Macro Lows There goes a saying, that in investing and trading alike, we're not looking to absolute peaks nor absolute bottoms, but the probabilities and asymmetric risk profiles.
This current Price action in crypto, this juicy-juicy volatility showcases the sentiment, the fear, the drama - not necessarily the fundamentals. This is where one would want to step in with a "investment/trading thesis" on the macro (long term) scale. This is it.
None of it all is investment advice of course.
But I'm happy to be buying at THESE prices than at 30,440,$69k USD per BTC, ETH and ADA as my blue-chips
Cardano (ADA): smooth recoveryRegardless of general market sentiment, it might be noted that this was the second good week in the row for ADA. Market showed that there is potential for this coin, as price moves were more oriented toward upside, rather than to the downside. During the first half of the week, the price of ADA was moving toward the $0.7 resistance line, however, US CPI spoiled the game, so the coin reverted a bit to the downside, finishing the week slightly below the $0.6 support line, around $0.55. Support line at $0.50 has not been reached during the previous week.
During the week RSI went from level of 55 down to level of 45. Indicator shows that there is potential for the coin to head toward an overbought market, but it just needs more time. Moving averages of 50 and 200 days are continuing to move as two parallel lines but with downtrend.
Charts are showing that there is potential for ADA`s recovery, but it might be a slow and smooth path in the coming period. The highest threat to this lies on fundamentals. Resistance line at $0.70 has not been clearly tested during the previous week, which increases the probability that the market will turn to this level one more time. On the other hand, if the coin continues to move as per current trend, then $0.50 support is to be tested.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
ADA/USD: Bearish channel perspectiveCardano forming a bearish channel in Daily timeframe and it's look to make a bearish movement very soon to explode in this bear market.
Meanwhile to discuss, Cardano in weekly timeframe it's look extremely bearish in this way to $0.25 cents in my own target to watch
The 3 Daily timeframe it's look bearish too, but if we closed up with any bearish signal, we could to get a good information to short ADA very easy
And every trader need to know in short term very near in our trading strategy. Because if you trade in swing trading, you would need to watch all timeframe to know the perspective if you're swing trading and take perspective to make an exit plan when the price goes to reversal. A good lesson that I learned. But now, analyzing in H4 timeframe we see that Cardano break-out this trend up line and we could to see a drop of the price very strong in the analysis
I will work my template because I have good plan to short crypto and stock market and I believe that update my own template and background will be more cool to make a professional analysis.
I hope that my idea support you!!!
And guys, please let's me to know in your comment box the following question:
*The purpose of this question it's just identify what kind of content do you like in the financial market* Because I have a lot followers in my Trading View as Twitter too with a lot interest in me.
1) What financial market do you like to make everyday content it?
a) Forex
b) Cryptocurrencies
c) Stock Market
d) All of them (Forex, cryptocurrencies and Stock Market)
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cardano.i shared this ada projection awhile back (privately) - check it out 👇
we ended up poking my first target almost perfectly.
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can this dip be a completed wave 2 correction?
potentially,
but it's more probable that this move down was merely the first of three waves.
a move up to approximately $1.12~$1.50 is theoretically possible from here,
followed by the final decline to complete this primary wave 2.
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it is very possible that all the other alts do a similar thing, which is what i would actually prefer to see.
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ps. i share a ton of private ideas, if you are interested in seeing something specific, send me a pm.
ADAUSDT has broken below the trendline
After rejection from the resistance line the price has broken below the trendline with series of red candles. The pattern indicates that the price can continue to go lower to 0.5150
💎 ADAUSDT
🔵 Entry zone 0.5840 - 0.5483
🟢 TP1 0.5150
🟢 TP2 0.4220
🟢 TP3 0.3510
🔴 SL 0.6740
Good Luck 🎲
Trading Signal For CardanoTrading Setup:
There is a Trading Signal to Sell in ADAUSDT Cardano (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 0.637
⭕️SL @ 0.674
🔵TP1 @ 0.515
🔵TP2 @ 0.422
🔵TP3 @ 0.351
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
TS ❕ ADAUSD: falls downADA falls down after rebounding from the resistance level. The price makes corrections, but in the main direction now it is falling to the support level.
SELL scenario: short to 0.4464.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Update for ADAHello Traders,
Unfortunately ADA broke the 0.6 support.
Also BTC Just broke a MAJOR support that was holding us for couple of weeks now, waiting for confirmation with 4h and 1d candle closes.
But till this happen, That my 3 major move that ADA can move according to it in all cases of BTC moves.
I lean more with a retest to 0.6 then going back.
ADA reached my Ascending wedge target ( didn't share it as an idea) and the H&S target.
Thumb up for more.
ADA will be sharp, But Check this analysis firstHi guys,
listen:
1- next bull run will be like the shown bar pattern at the right side of the chart, a sharp upward and downward movement. so make sure you don't buy with FOMO, it will give you the next buying opportunity either
2- make sure wherever you bought, you sell off at least 70 percent of your portfolio at R3
3- buy in steps, down to the green area. don't All-In.
Leave comments down below
ADAUSD ❕ correction before the hardforkCardano has broken down the uptrend channel.
Price formed a downward channel.
Trading volumes show interest in the downside of the price.
Price dropped under 200MA (30m TF) and under 100MA (1H TF)
50MA crossed down 100MA at 30m Timeframe.
TD Sequential indicates an upside reversal at 30m Timeframe.
I expect that the price will test the resistance level, but after fixing under it will continue to decline.
CARDANO- Does the update have a bull effect?Hi everyone
As the news for the new hard fork for CARDANO booming, we can see a pattern on the exact opposite of the news.You may argue with a bull flag pattern or volume and you might be right but a bull flag with accumulation around 50 bars??
For now we have a HH MTR pattern with low risk and high reward, resistance level is 0.69$ and our support levels are 0.6$ and 0.55$.The price may reach the resistance and activate the pattern there, but if it crosses that line we may have a good way up.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
Cardano ADA long-term view - bottom or more pain?Cardano ADA long-term view - bottom or more pain?
Both $0.38 and $0.16 are support levels of high volume and price action
The chance that $0.38 was bottom will increase if the RSI shows a breakout - not happened yet.
What are your thoughts on that weekly chart dear Crypto Nation?
Drop me a nice comment.
*not financial advice
do your own research before investing
ADA BUSD Approaching ResistanceBINANCE:ADABUSD is approaching resistance on 4H chart. Fresh buying is recommended only if the price breaks above the resistance .
ADA Cardano: 20% pump or 38% drop if this happens. Hello all. Here is a quick scalping idea for my cardano traders.
Looking at ADA/USD "Cardano" on the daily timeframe, we see that cardano is sitting very close to the resistance line of the falling wedge pattern and right below the 50 day EMA.
If ADA breaks the resistance line, it sure will retest the $0.74 resistance which is 20% trade from the current price. So defenetly keep an eye on this line.
If ADA fails to break this resistance , the bearish scenario will be to retest the previous low at $0.38 which is 38% drop.
RSI: The daily stochastic rsi is oversold however, the 4 HR rsi and the weekly rsi's sit in overbought territory.
Thanks fro reading, and stay tuned. Enjoy!
TS ❕ ADAUSD: double peakADA formed a double peak, with the second peak being lower than the first. I expect a downward movement to the support level.
SELL scenario: short to 0.4464.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.