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Cardanoanalysis

CARDANO (ADAUSDT/ADABTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins! Trade Setups Below are the potential trade setups that I would be interested in trading: ADSUSDT Long Trade Setup #1: Retest and Continuation (S&R Flip) 1. Price Action: Price needs to move back down to the S&R flip @ $0.98 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming ADABTC Long Trade Setup #1: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to 2110 Sats and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume , MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ 2110 Sats , forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick , above average volume on both breakout candle and breakdown candle, MACD topping out About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
by cryptotraderog
1
ADA 12h Level $0.92 will decide where the next movementWell, the buyers reached a goal of $0.90 from the previous idea ADAUSDT without abnormal efforts. The price only once tested the level of $0.6 from above after breaking through and continued to rise. The most recent high ADA is $0.98. An interesting picture is emerging now. At night, the ADAUSD price was shed quite strongly to $0.70, however, buyers bought back the falls and formed a Pinbar at the 12h candlestick. Such a candlestick can be a signal for continued growth. You should closely monitor the price behavior around the level of $0.92 If they can gain a foothold above $0.92, then the way will open for growth to ATH $1.33 However, if sellers activate aggressive selling and do not allow the ADAUSDT price to gain a foothold above $0.92, then we can expect a rather strong fall or correction - at least to $0.60 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
37
ADAUSDT walking on this bullish channel - Target projectionTechnical analysis regarding the price of CARDANO in relation of dollar Tether for the next scenarios, based on 1 hour movement. Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods. Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Long
by luizhcruz
2
Decision Day For Cardano ADAWarning: our thoughts are ours; not financial advice. Cardano is one of our favorites. It's stood the test of time; it survived the bear market. However, some short-term analyses to ponder upon. Though in the long term, ADA is bullish. Very bullish. You can't just be bearish on this one. Nevertheless, we could (not of a certainty) see a pullback in the coming days. ADA just rallied strongly to the top of the channel, we need to either see the strong move throughout today making a close above the channel which will translate to a breakout. If that happens, great news. We should even expect more bullish days ahead. Alternatively, we could see price scramble back inside the channel at the close of today's' candle. If that happens, well, we may Cardano's price pullback to the midline or the bottom of the channel before resuming its uptrend. Whatever happens, trade with caution.
by coin-barbie
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing. After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers. What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38. In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
11
ADA-4h. The next target is $0.4.An interesting deja vu occurs when we look at the ADA. Deja vu with XRP coin . Yes, of course coins are different in the nature of price movements. However, they have common liquidity ranges , from where local reversals are possible. The target of our previous idea worked out and the buyers managed to significantly exceed our expectations. Currently, ADA volumes are in 10th place in the ranking of all cryptocurrencies. Its aggressive growth since January 4 was 70% . It was after the breakthrough and retest of the trend line, which restrained buyers from November 24, that things in the ADA market improved significantly. However, it is worth noting that at the end of 2017, the historical high of the ADA was around $1.2 . At the moment, the price of ADA is $0.333 . BTC has long updated its historic high, ETH on the way to it. Therefore, the prospects for Cardano are great. There are two obstacles: $0.4 and $0.6. If you look at our recent idea for XRP - you will see similar figures. It is this fact that adds a touch of competition between the two projects. The $0.25 mark is a critical point of the current optimistic scenario . Below it, the sellers will confidently take power into their own hands. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
9