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Cardanobitcoin

There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001160 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001160) Ending of entry zone (0.00000970) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001380 TP2= @ 0.00001510 TP3= @ 0.00001700 TP4= @ 0.00001900 TP5= @ 0.00002440 TP6= @ 0.00002900 TP7= @ 0.00003400 TP8= @ 0.00004110 TP9= @ 0.00005080 TP10= @ 0.00006040 TP11= @ 0.00006890 TP12= @ 0.00009180 TP13= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001160 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001160) Ending of entry zone (0.00000970) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001380 TP2= @ 0.00001510 TP3= @ 0.00001700 TP4= @ 0.00001900 TP5= @ 0.00002440 TP6= @ 0.00002900 TP7= @ 0.00003400 TP8= @ 0.00004110 TP9= @ 0.00005080 TP10= @ 0.00006040 TP11= @ 0.00006890 TP12= @ 0.00009180 TP13= Free
Long
by ForecastCity
Will there be a new low of 2018 again?Hi fellas, I just started a long-trade on ADA/BTC. My thought on the chart is that the current support-level, that was confirmed by the recent low, will hold and will NOT break. If the support-level will hold I try to figure out with the using of the " R elative- S trength- I ndex"-Indicator. If the yellow-labled RSI-support-level will NOT be undershot, then I SUPPOSE a up-trend. If not, then I SUPPOSE a down-trend. In this case I use the RSI to get a sense how the flair of the market is. Due the RSI I get more confidence in my decisions. My Stop-Loss is closely under the low of the year and the current support-level. This means, if the price will hit a newer low of the year 2018 I'm out because then I will expect a more heavy down-trend. Cheers OtenMoten
Long
by Team_Bitfuture
Cardano could be next! Cardano along with all the other potential Coinbase listing mentioned coins have spiked after ZRX got listed yesterday evening. After making a higher low, the fast-moving EMA seems to be leveling off and if we can get price to close above this zone, we could see another test of resistance around the 1319 mark. However, volume is missing so far therefore if we do push higher, it would be nice to see a high volume push into supply and possibly break this zone. We see a blue candle being printed, which indicates upwards momentum but we would need this close blue or green to remain bullish. Of course, any news or rumors that Cardano has been listed on Coinbase could see a ZRX-type reaction in price. Thanks guys
by CM_Trades
3
Let´s go, CardanoIn this chart you can find the reasons, why I think that Cardano will move soon. We built up a bottom trendline over the last couple of days. If we clone this trendline and put it on top of the last high, we can see, that the resulting channel would meet almost perfectly with a former high trendline (orange upper line) to build a double top. We could also breakout below the lower purple trendline and continue the downtrend, but because of the hidden bullish divergence, a Doji candle and higher lows I´m more bullish than bearish. For trend confirmation it´s recommended to wait until the dotted purple line will break or until a candle fully closes beneath lower purple trendline. But you should also be careful for fake-breakouts below the lower trendline, since market makers often times know where people will enter their trades and where they set their stops. My stop is at 1170 sat. This is no trading advice and these are just my thoughts. It´s a high risk scenario, since we are in an overall sideways market with low volume. In these markets you should set your S/L very tight because price can jump very quickly if market makers enter.
Long
by Tylax-Finances
3
There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue . . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001200 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001200) Ending of entry zone (0.00000970) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001900 TP2= @ 0.00002440 TP3= @ 0.00002900 TP4= @ 0.00003400 TP5= @ 0.00004100 TP6= @ 0.00005080 TP7= @ 0.00006040 TP8= @ 0.00006890 TP9= @ 0.00009180 TP10= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue . . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001200 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001200) Ending of entry zone (0.00000970) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001900 TP2= @ 0.00002440 TP3= @ 0.00002900 TP4= @ 0.00003400 TP5= @ 0.00004100 TP6= @ 0.00005080 TP7= @ 0.00006040 TP8= @ 0.00006890 TP9= @ 0.00009180 TP10= Free
Long
by ForecastCity
8
ADA - Resistance wins for now! Cardano tried to continue its run higher but got rejected once more at the supply zone above and came straight down to support dipping inside the demand zone. We have continued to make lower highs past few days and a break of this demand area could lead us back down to retest the breakout zone again around 1160. MACD still remains flat as we await some type of volatility to reappear and RSI failed to reach resistance and looks to be heading lower as we continued to cool off from that crazy run. Again, just like most altcoins, we are waiting to see if Bitcoin can continue its move higher here taking the market with it or will it dump canceling out all the progress we made all of last week. Thanks guys!
by CM_Trades
ADA - Time for a pullback before move higher!!ADA has bounced nicely off the bottom of the channel, which was as the demand area around 1220 and we could now see a pullback to the 61.8%FIB level or to the lower end of the channel again. RSI is nearing resistance but still has some room to move up and MACD has turned bullish so a small pullback is probably what is needed to propel this higher on the next move. Cardano is finding resistance hear forming a tweezer top so far and it would be better to enter at a lower price to increase R:R. Stops set below SFP on the last move below the support zone. Thanks guys!
Long
by CM_Trades
ADA - Looking strong for more UPSIDE! Cardano has bounced nicely yet again from its demand zone around 1220 and is currently facing resistance around its 61.8%FIB level. If it could get above here and close on the 4H, we could see another go at the highs and possibly even break them with the assistance of Bitcoin. Volume does seem to be on the low side but a breakout from here could bring some of it back. MACD histo is about to go positive and the signal lines and very close to crossing above the median line. RSI is on the move up and still has some room before hitting resistance so this could still have some juice. Waiting for a pullback to the support level could be the safer play here unless BTC decides to rip higher taking the rest of the market with it. Thanks guys!
by CM_Trades
ADA - Time for a pullback but still looking good! Cardano had an amazing run last week hitting all 3 of our targets in quick succession. We have since tapped into the liquidity around the supply zone and failed to close above, which subsequently resulted in a move back to the 61.8%FIB. We are bouncing back at the moment but have broken the trendline, which was respected the whole move up therefore we could possibly see a test of the liquidity above before resuming lower to the next demand area and possibly the 50%FIB. This does have the look of an ascending wedge that has already broken and is in the process of retesting before continuing its mover lower so keep that in mind. Both RSI and MACD are showing bearish signs, RSI with a lower high and MACD crossing over bearish further indicating a pullback is likely. As such, area marked as demand zones should provide support for Cardano and could be used as areas to scale in long positions while keeping a close eye on Bitcoin. The severity of any BTC pullback will most likely dictate how long ADA goes so don't be too quick to jump into positions at the first sight of a support touch. As always, stay safe everyone! Thanks guys!
by CM_Trades
Dont Long ADA...not yet.Chart says it all pretty much. When ADA broke yearly support level it didn't free fall right away. It had a retest that has been rejected big time. Now i personally can't see a reason for you to knife catch it, unless you are looking at a bigger picture and you are starting to scale buy all the way down as a long term investment. I would swait for the demand zone where everything started back in Dec, 2017. Thats where price will be more interesting for investors to buy in again. 600-800 Satoshis will be your best bet.
by moking01
5
Analytics ADA/BTCThe asset behaves without anomalies, is in its channel, signals for the reversal are not expected. It loses about 20% with about 15 days periodicity. There is a stable downward channel, so do not open positions earlier than 0.00001210. It is worthwhile to conduct additional analysis in this area, the price may drop to 0.00001080. In the long term, does not cause much interest, but it can be useful for traders inside the day. We are waiting for the appearance of additional signals.
by ZOGRAS