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Adausdtradeidea

ADAUSD is ready for breakout from the pennantSince 26 Oct the priceline of ADA / US Dollar is moving within a pennant and now it has reached at end. Stochastic has given bull cross. MACD turning bullish, Ichimoku cloud is strong bullish. Lagging span is turning bullish and crossing up the priceline. A Bullish BAT inside pennant is also formed which is pushing the price action to breakout soon. We have a strong support of 50 simple moving average and a golden cross is expected between 25 SMA and 50 SMA which will push the price action to breakout the pennant. The long can be taken after breakout and price correction. This breakout can take the price action easily upto the tail of pennant which is at 0.04480. Regards, Atif Akbar (moon333)
KRAKEN:ADAUSDLong
by moon333
ADAUSD formed a bullish BAT | a good buying opportunityAfter completing the bullish gartley pattern now the price action of Cardano / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.038109 to 0.037835 Sell between: 0.038764 to 0.039747 Regards, Atif Akbar (moon333)
KRAKEN:ADAUSDLong
by moon333
adausd INV H&S SHORT - LONG perfect entry pointCardano looking solid on its entry point/timing for a series of positions; contingent on how patient/greedy you are. I'd advise against BTC pairings unless you really know what you're doing; though during bearish depressions like this, they are usually the (ironically) most opportune moments to collect mass $ROI if your aim is to accumulate more $BTC rather than $FIAT. IT can get confusing, volatile, and a little overwhelming! TP1: $0.0434 TP2: $0.0458 TP3: $0.04778 TP4: $0.0496 STOP @ $0.0360 SO always set your stop-losses to be safe! SHORT/MID/LONG posted. DISCLAIMER Not financial Advise!
BITTREX:ADAUSDLong
by a1mtarabichi