Why Cardano Could See a 100% Run!This is a very simple analysis based on ratio analysis.
Based on the last several waves down ADA saw a 81%, 80%, and most recently, a 79% retracement.
These ~80% retracements were then followed by a 150% and 132% bounce.
Therefore, if this pattern continues we should expect ADA to make a nice run to the 800 sat level. Coming to about a 100% return from the 400 sat level.
The Plan:
In the coming days/weeks ADAXBT should form a nice bottom pattern to help support this analysis.
I plan to gradually average in on retracements.
Stop/Loss: 355 sats
Primary Target: 810 sats
I hope you found this analysis interesting and maybe even a little helpful!
I wish you the best of luck!
ADAXBT
Cardano ready for 80% push after breaking sideways range! Cardano (ADA). One of the majors finally breaking a massive range after 6-months of sideways continuation.
Usually, these accumulation ranges indicate a bottom, especially when they make such a scamwick as Cardano did a few weeks back.
How is this setup defined?
Well, the major resistance was 535-550 satoshis. That’s broken to the upside.
A retest of this green zone would be a great entry and confirmation of the breakout of this range. Holding that green zone and we’re targeting the following levels;
- 650 satoshis
- 860 satoshis
- 1000 satoshis
Clear invalidation with higher timeframe close below 525.
ADA !! IF YOUR NOT LONG, YOUR WRONG. BUY NOW, PROFIT LATER MF !!Ill keep this short and simple.
If your not long, your wrong.
ADA has triple bottomed in support.
Clear accumulation phase inside 400 sat region.
...Its time to shine ADA...
**There is a lower high downward trend showing its cards..
BUT!
We will break that wall down with ease.
Trust the process.
ADA PRIME XSR SIGNAL:
Entry: 470-475 sats
Target 1: 492 sats
Target 2: 507 sats
Target 3: 524 sats
Take all profit by T3, dont set a stop loss upon the T3 arrival, take the W home to bed with you.
Snuggle..cuddle... wait for the retrace.
Ill update chart upon profit destination :D
BUY NOW, PROFIT LATER !
Remember...
"WE DON'T HIT STOP LOSSES, WE HIT TARGETS!!"
- LL XSR <3
Incoming small pumpo?Took up a long here, 4hr BB squeeze, MACD cross, bull div, targeting the 786 from the double top down to the deep swing low. Simple set up, hopefully pans out.
Incoming small pumpo??Took up a long here, 4hr BB squeeze, MACD cross, bull div, targeting the 786 from the double top down to the deep swing low. Simple set up, hopefully pans out.
$ada short $ada/xbt
Good setup for a short. Keep your stop loss tight. Btc is going to make moves soon.
Leave a like / follow
ADA (cardano) short on bitmexAda swing position:
ADA SHORT
Trigger entry: 1290
Ranged entry: 1286-1300
TP1: 1273
TP2: 1241
SL: 1311
ADABTC short term long trade, longer term swing.Just got a breakout from an ascending triangle on Cardano. We have not gotten the follow through we wanted but I have entered and remain in the trade as long as hourly higher lows hold. Targets are 0.5 and 0.618 fib levels where I will exit 2/5 of my position. I will hold the remainer as a longer term swing position hopefully leading to another daily higher high