Cardanobtc
$ADA, 100% out of the long trade now $ADA
100% out of the long trade now as 1D sell hitted closing what was left.. (~20% profit on average)
Unless 800sats is reclaimed (may S/R flip next), then looking for a retest of ~690sats
Big question if it drops is if it will be due to BTC pushing up or down
#ADA
Cardano ADA price Analysis 2020Cardano one of great coin to discover.
have a good luck.
1 of the cheapest coin favour by people.
Its founder and CEO Charles Hoskinson calls it a third-generation cryptocurrency, meaning that it already has some of the features that earlier cryptos are struggling to implement.
Cardano (ADA) weekly chartADA / BTC
🌟 Techincal Analysis🌟
Hi guys
Ada recently started to pump hard again
Looking at weekly chart you can see :
1- It just broke strong horizontal resistance
2- Broke trendline resistance
3-On bottom of RSI its show bullish reversal signs
4-Great volume entered last few days
5-btc dominance start to decrease (alt season)
All this are bullish signs
Now ada Got rejected from 855 sat (0.382fib)
If ada managed to hold above this fib resistance
We can see next targets in Fibonacci
995 sat
1136 sat
1337 sat
Good luck and happy trading 🌹
ADA Intraday setup.Cardano - Intraday - We look to Buy a break of 0.1146 (stop at 0.1118)
A move through 0.1140 will confirm the bullish momentum.
We look for gains to be extended today.
2 positive daily performances in succession.
Bespoke resistance is located at 0.1250.
Our profit targets will be 0.1242 and 0.1288
Resistance: 0.1140 / 0.1200 / 0.1250
Support: 0.1100 / 0.1050 / 0.1000
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Cardano Intraday Long Setup.Cardano - Intraday (expiry tomorrow 1pm uk time) - We look to Buy at 0.10234 (stop at 0.10080)
We look to Buy at 0.10234.
Price action continued to range between key support & resistance (0.10200 - 0.10900) although we expect a break of this range soon.
Pivot support is at 0.10200.
Our outlook is bullish.
Dip buying offers good risk/reward.
Our profit targets will be 0.10890 and 0.11180
Resistance: 0.10400 / 0.10680 / 0.10900
Support: 0.10200 / 0.10100 / 0.10000
ADA bullish & bearish scenarioPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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ADA expect a bounce! ADA is forming a broadening wedge in the longer term this should be bearish.
In the short term I expect a good bounce (+- 13%) towards the resistance line of the wedge. This because we formed a bullish divergence.
Expect resistance as well on the 0.382 fib and the next fib levels above (red zones).
Break Setup of Cardano in Bull Flag.Cardano - Short Term - (Expires tommorow)
We look to Buy a break of 0.1002 ( stop at 0.0968 )
The previous high is located at 0.10667.
The trend of lower intraday highs has also been broken. Posted a bullish Flag formation.
A break of 0.1000 is needed to confirm the outlook.
Trend line resistance is located at 0.1000.
We look for gains to be extended today.
Our p rofit targets will be 0.1091 and 0.1141
Current levels of:
Resistance: 0.1000 / 0.1020 / 0.1055
Support: 0.0970 / 0.0966 / 0.0946
Signal Centre
ADA.USDT (Y20.P4.E1.v2).Looking for the next long ** A continuation of the previous post, link provided below **
Hi All,
Just a reminder:
Most Traders are stating that we are in the earlier stages of a bull run, not just BTC but SP500 and Gold.
So what we are seeing is a likely ABC correction.
We have 2 types of possible correction, a mild or deep correction as I explained in my SP500 latest post.
With the SP500 we have hit the mild correction target of 3230, if its to be deeper, then 3230 is point A (refer to me chart below or previous post)
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If your one of those who want to go long with Cardano, along with LINK, LEND, KAVA, defi well performing coins, then here is the area where I will be looking to buy the dips.
Strategy: You are unlikely to find the bottom so start buying the dips, in this green zone.
If SP500 has hit its target, then we should see some bottom formation here and likewise with BTC we still maintain a lower high, charts below.
For now, it looks like the SP500 is holding along with the US dollar index, so a bounce is looking more likely.
Note the hidden bullish divergence with price and the RSI
Please give me a like or tick for this post.
Regards,
S.SAri
Current SP500 chart, wedge formation with a bullish div. in the short time period
BTC\SP500 correlation
My thoughts on the US dollar
BTC chart
PREVIOUS POST:
ADABTC, Where to Buy?I show you the place where Cardano can bounce off the Key Level and start a correction movement.
The best pattern is a false breakout.
Use a predictable risk/reward ratio!
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