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CARDANOADA

Cardano $ADA | Time To Get Back In | Trade 2 | 5/8This will be Trade 2 for my "0.01 $XBT to 1 $BTC" Bitmex series! All targets were hit in the first run for a nice 2x. (Click the picture above to track first trade) Now we are going for 6 targets for 75% + run. (I'll be using Leverage to allow even higher profit levels) Buy Zone: ~3500 sats TARGET 1 ~4050-4200 sats TARGET 2 ~4400-4550 sats TARGET 3 ~4800-4950 sats TARGET 4 ~5200-5350 sats TARGET 5 ~5650-5800 sats TARGET 6 ~6000-6200 sats
Long
by UnknownUnicorn2302450
ADA (Cardano) potential drop and entryOn 4H chart, ADA sorting out bearish divergence and we expect this to be Elliott Wave 4 that ends around 2780 - 2800 satoshi levels. We are not interested in buying Cardano before that level is reached. We advise everyone to use laddering and start to ladder your orders in from 2900 till 2780 satoshi levels, then sell in wave 5 landing zone between 3705 and 4060. 2780 satoshi levels is previous resistance point that got broken 5 days ago without even testing it once. Always remember - previous resistance becomes new support and broken support becomes new resistance! If you find this idea helpful, leave a like, comment and follow us on Tradingview & Telegram! Any questions? Want to get these ideas first? Feel free to DM. Have a nice day!
by xbtbull
2
ADA wants to step up to the base! Does he have the balls?Hello traders and enthusiasts ! I am "The Real Johny Button", legendary trader from wall street and Goldmans Sacks here to express my opinion today ! Lets dive into the scenarios lining up for ada: Well this has been a funny end to a push across the market. It was lining up to be a nice 12345 Elliot wave on all coin charts just the other day, but something or someone played a trick on everyone and we have entered a big consolidation, yet to finish our wave 5 on all tokens within crypto. We only just punched over FIB level 61.8% sht! Could be manipulation but I will leave that to the other publishers to discuss. Working on the 4hr chart we go fishing again...any fishys producing a nice pattern on my MACD...on my RSI...on the charts...I have a bite. Ada has produced 3 tops on the RSI and MACD indicators, overbought and is a good sign there needed to be a reversal...and we got that. It has made 2 big, nice lows on the MACD, and some sharp action on the RSI. I am looking for 3 big waves on the MACD to look at trading back into the market. I will line that up with a TD sequential indicator, have an eject price in mind, and at that point i will enter if it all looks dandy. There are scenarios though...posibilities on what may happen, and what may not go my way. Now we have entered a consolidation, do we go up or down? The scenarios im looking at are that we didnt complete the wave 5 properly across the markets charts, so i have a feeling we still have that last push up left to come. If this was a consolidation to move up, than on my visual above we have 2 possibilities i believe, which i will trade on: 1. Green line shows that the; MACD has made 3 lows, we make the wedge, hit the green lower line...and than we blow upwards in a day or so...wave 5 on the way 2. Pink line shows the first low on the MACD wasnt a low count; the price drops to the dotted line, makes a small push to the top of cons. and back to the dotted again...now we have MACD presenting 3 nice lows, and we are blowing up completing wave 5. ...If my reading is to wishful thinking and wrong, than we have: 3. it simply drops out of these lines because of a head and shoulders / double top / manipulation, i really dont give a fk, i just see it going down...down...down...I will hit my eject price level and play again in 1-2 weeks Everything moves in 3's. I apply this thought to my charts and MACD reading. I call Elliot wave 12345, 3 waves up because thats just how i see it. 3 is my magical number and has proven to be a nice way to be on a good path for me. So there you have it, like it or hate it...have a eject price in mind always! Regards, Johny Button
BINANCE:ADAUSD
by johny_button
1
Cardano (ADA) Corrective Wave, (Quick Trade Idea)While North America slept, Asia was busy taking profits after our insane short term bull run. ADA has currently shown what appears to be a head and shoulders pattern in the 4 hour chart and we are currently holding the 2900-3000 satoshi support. Signals: -Head and shoulders after a relatively long bullish trend -Bearish RSI divergeance -Lack of volume & long legged doji candlestick. signaling indecision. -BTC Dominance rose to 39% as of 11:09 EDT, likely caused by quick BTC drop from the 9.3k levels all the way to 8.8k, meaning alts with lack of stable fiat pairs will suffer. How to trade - Sell at if a candle closes below the 3000 satoshi support level - Note that if ADA breaks under support levels, we will likely see that as the next resistance. Buying points 2600-2780 satoshi range, where previous support has been shown 2400-2500 satoshi level (Strong buy, I currently believe it is unlikely for us to reach that low) Sell Stop If you choose to use a sell stop, place it slightly under each support level. I know many of you are holding for the long term so it will be your decision. Quick Trade Idea If ADA drops 5% under a support line, we will likely see the next candle be a green one, that closes just under the support line. This idea can be used if ADA breaks under the 3000 satoshi mark for a quick 1-5% profit, but you will need to catch the opportunity. Please criticize my TA's so I can improve. Thank's for reading!
Long
by HD1184K
5