Adausdttradeidea
Cardano- strongly bearish under 1.5Like a lot of coins, also Cardano is trading at an important juncture.
At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd.
In my opinion, this will be the case and I'm looking to sell rallies
200% ready for ADA ... $4 ADA straightway after correction 🚀
Till now $1 is seems to be holding well for ADA after testing it many times.
Most likely we gonna see a pullback from a double top resistance.
Look at the channel on the chart, u will get that we r in a bullish uptrend.
An estimated pullback from $2.40 to $1.40 between within June. ( about 45% down)
On short-term n Mid-term we r bullish.
If we moved as expected on the chart, it will good indicator to make lower lows after the pullback
After we gonna break $2.40 resistance we will see $4 straightway.
I think we gonna break the $2.40 resistance after the third trial.
If u r holding now don't sell n wait to add more at $1.40 region.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
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+630% on 45 mins !!! that's why ADA will reach 10$ 🚀🚀ADA REACHED 23 CENTS !!
19 MAY the price was +2$ n went to 23 cents on the same day !!
I'm pretty sure this the most coin whales agreed to short it.
what we can observe from that:-
1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA.
2- ADA made +630% in minutes cuz they bought a lot.
3- spikes went up after going down cuz they bought first to close their shorting positions.
what we can conclude from that:-
1- this is extraordinary cuz that didn't happen even with BTC.
2- when ADA go up from 23 cents then 1.80 again in minutes this mean that whales believe in Cardano n they loaded thousands of bags.
3- a bullish term indicator for the whole market, they know that Cardano wont go less than 1$ again.
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ADA/USDT : Possibility for new ATH ! BINANCE:ADAUSDT
Hello everyone 😃
ADA had a flat movement for a month now; So it could be good for it to have a bullish outlook on it.
Potentially with recent fundamentals it will be bullish more and more.
Now let's talk about chart :
- On first point, Bollinger Bands and Stochastic RSI had a bullish crossover on 21th April.
So I expect a continuation till Bollinger Bands is upper based on BB and stochastic RSI combination !
( This combination is very accurate to use in flat market and as I mentioned earlier ADA has been flat for a month now )
- ADA had a retest on 38.2% FIBBO level and now it seems that ADA starts to rebound from this level for multiple times.
There are two possible scenarios for ADA now;
1️⃣ Continues the growth and retest 0 level on FIBBO, After that if any breakout happened then targeting $2.165 based on FIBBO retracement knowledge !
2️⃣ Rejects to retest ATH's resistance again and follow BTC's ABC correction and go for a reclaimed support at 50% FIBBO level.
📌 It's about ALTs correlation with BTC's movement now ! So any minor rejection BTC can be dangerous for ALTs.
Now let's take a closer view on ADA :
As you can see on chart;
ADA had a bounce from Daily EMA20 and now It's attempting to break current resistance zone above.
Also MACD is trying to have another bullish crossover for a bullish continuation !
🔰 Factors are simply bullish on this chart..
🔴 But on MACRO overview;
ADA surged above the moving averages on 26th April , and the long tail on today’s candlestick suggests traders bought the dip to the EMA20.
This is a positive sign, as it shows that buyers are accumulating on dips.
ADA could now attempt a rally to $1.48 where the bears are likely to mount stiff resistance.
If the price turns down from this level, the pair is likely to drop to the moving averages and remain range-bound for a few more days.
Contrary to this assumption, if the bulls drive the price above the $1.48–$1.55 overhead resistance zone, the pair could start the next leg of the uptrend, which has a target objective of $2.
-Rakesh Upadhyay overview on ADA/USDT !
🔺 Have to mention again that BTC can have a correction in low TF so don't manage your risks ! It's highly recommended to limit your total engaged portfolio lower than 30%.
Hope you enjoyed our analysis about ADA's possible growth🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
nice opportunity to enter long positions in ADABulls passed the $1.03. They will now try to break the moving averages. If they manage to do that we meet $1.48 price for ADA.
On the contrary, if the price again turns down from the 20-day EMA, the bears will attempt to sink the pair to $0.80 and then to $0.70.
ADAUSDT - Ready to fall to 0.40 USD or hike to 2.25$Looks like ADA is forming a rectangle top.
One of the 2 scenarios will happen:
Short: ADA closes on the daily below 0.96 and falls the technical price target of 0.39$ or
Long: ADA closes on the daily above 1.56$ and takes a hike to technical price target of 2.25$
Personally i tend to a long position since we are in the Altcoin Season and RSI with MACD are in the good levels to buy.
Also at 0.96% we have a strong EMA100 Support.
But i'll wait for the breakout first.
ADA to $1.50 then to the moon 🚀🚀Need the correction to the support at 1.17 or deep correction to 1.11
Failed to cross the strong resistance at 1.23 4 times
buy through correction on several prices to get a good average price , maybe it wont touch the strong support area again n fly to the resistance at any time
on short term for next hours maybe bearish however on the next days completely bullish
I totally recommend not to panic sell at all, however catching more bags at that price will be more profitable
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Cardano - growth is incomplete.I think the growth is incomplete.
The global trend is growing.
What could be the reasons for the fall?
After the breakdown of a key level I will buy.
local vision
the beginning of this movement
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT - support level Will support hold up?
A break in the trendline will be a signal to open a trade.
waited for the level retest.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT - let's grow))Preconditios :
- key level
- global uptrend
- locally uptrend
- retest
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade