Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ADABTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ADABTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Yesterday ADA made a flash dump to re-test the support around 700sts and then went up above 800sts again. This action seems to indicate that ADA is actually preparing for the next pump, and we should hold ADA for higher targets like 1000sts and 1100sts The uptrend of ADA will be broken if falling down from the 700sts zone
As I said in my previous linked idea it looked like ADA was looking for a retraction and it is now playing out by breaking down into the cloud! It still needs to validate as marked on the chart with the lagging span ( Purple line ) breaking the Kijun ( Dark Blue line ) to have a better probability. And to expand on the idea, I set a couple take profit targets...
RSI has just pushed into overbought territory and tinken-san (fast moving average on the ichimoku indicator) is still struggling to rise above kijun-san. However, the monthly chart reveals momentum is good and with the current weekly candle now trading inside the emerging cloud, IF price can get above the current resistance level (gold horizontal at 9 cents)...
ADA is still in good zone to accumulate : 550 - 600sts. Its target should be around 700sts and even 850sts before July
ADABTC forming a bullish Sym triangle which normally would play out to the upside, however pending BTC action we may see all alt coins take further dumping as BTC pumps. Currently waiting for confirmation on ADABTC before taking any positions, will be waiting for the break then re-test/hold of either side of the triangle in order to take positions either way....
First of all, congratulations to all who followed my ADABTC call ! 10%+ gains a day keeps the doctor away! After letting the dust settle, I will only be looking for SHORT re-entries on ADABTC, will be looking for continuation patterns aswell as weak buyer recovery for confirmation in order to make a final decision on the re-entry. IDEALLY we would be looking at a...
ADA has set up to EXPLODE higher
Cardano has formed a strong horizontal range on the BTC pair, which has recently seen some bullish movement Fibonacci spiral shows a clear head and shoulders pattern on the BTC pair On the USD pair movement upward can be expected between the two fib spirals And a bullish rising wedge?? Maybe..
Hello there, this is our view on ADABTC, enjoy! Analysis: -On chart: Basically a small uptrend started after breaking out a big falling wedge. Price has just bounced from historical support and historical support trendline, so it needs to jump from there or die out (in fact fibo retracing would send it to 400 - 310). Price managed very well to break above ema50...
Cardano USD pair has formed a falling wedge this a bullish pattern. Amid the falling wedge their is a large resistance zone, above this resistance is a nice possible buy point. 3 Waves down can also be observed (highlighted in red) if a breakout doesn't occur to the upside a drop creating the third wave down and consequent double bottom is likely.
Hi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci...
Buy zone => 536-546 Stop Loss => 2x 4H candle closes (unseparated by a reversal candle) below the buy zone Target => 690
#ADAUSDT We notice that the price has breached the descending channel, and we expect a period of bullishness in the coming weeks for the #ADA coin Do not hurry to buy, the price may go down to good places Do not risk a large amount of your money Please share your opinion in the comments box and do not forget to press the like button Add to watchlist
Hello everybody!🧑🏻🚀 If you like this chart THUMB UP!👍 CARDANO shows very strong pattern name "Ascending Triangle". Also we can see Stochastic RSI in the beginning of rising. With a strong crypto market we can see the breaking of the triangle and jumping to the drew level! Good luck! All targets on the...
ADA price can be hit 0.1 short or long ? 80% price gain last 30 days