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Cardanobtc

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
Long
by Signal_Centre1
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
KRAKEN:ADAUSDLong
by Signal_Centre1
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) ======================================================= 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:
Long
by ssari
3
ADA.USDT (Y20.P3.E5.v3).Looking for the next longHi All, *** This is a continuation of the previous posts *** OBSERVATIONS: =============================================================== 2 Day, Weekly and Monthly charts below; 1) Looking at Ada now at the higher time frames, ADA has shown a strong support area on the Monthly resistance line, now support; 2) Funnel formation\structure at the macro level; 3) Daily chart shows reversal signs on both the structure and indicators; 4) Daily shows we have the 21 ema resistance; 5) 2 Day indicators shows the following: > Macd has gone below zero and is starting to curve up at the monthly support level; lining up like a fractal as of March this year; > KDJ is more responsive than the MACD and is showing signs of a reversal; > 2 Day candle stick is bullish; > Bearish perspective, it has a bit of work to do to break the 21/34 ema ribbon; 6) Weekly chart shows the following: > Large rejection wick to the downside from the MR (Monthly resistance level, now support); > Rejection form the weekly resistance level; > 21 weekly EMA has confluence with the Monthly support; > Weekly indicators give suggestion more sideways movement before breaking up, might test the bottom trend line; 7)) Monthly chart shows the following: > Rejection to the downside with the large wick on the bottom of the last candle, knowing today is the end of the month. > Resistance was and is the previous monthly resistance; > Monthly candle is less than half the previous candle, showing momentum coming back; THOUGHTS: ================================================================= If we time it well, we can have another fantastic ride with ada, the chart suggests the potential with this fractal. ADA is one of those coins that you should have going long; Next year has many things going for it with many developers having interest on this platform; Daily chart: 2 Day chart: Weekly chart: Monthly chart:
Long
by ssari
1