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Cardanobtc

ADA/M20 (ADA/BTC) Ichimoku 4H possible short ideaADA/M20 Has been doing very well the last week and might very well continue, but some signs point to a short term retraction. On the 4H Chart it seems to have formed a small double top and the Tenkan ( yellow line ) broke the Kijun ( Dark Bleu line ) down which points to a short term bearish movement ( right red circle ). The lagging Span ( purple line ) also gave some confirmation by breaking through the previous prices ( left red circle ). The cloud is thick though which points to strong support and so we need confirmation by breaking the horizontal 1 Kijun with the lagging span and then we could see it test the bottom of the cloud SSB ( red line ) at the horizontal 2 which is a nice move on a leveraged trade. This is not financial advice, manage your risk, and trade carefully! For a 6 month 10% Discount in fees on BITMEX you can use the link below: www.bitmex.com
AShort
by VrotteOtter
Cardano Looks Set To Fly Or Fall Out Of The Nest 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) then a rise of 300% through the cloud region up to the next key resistance at 36 cents could happen quickly.
BINANCE:ADAUSDLong
by Sparkster
2
ADABTC - Hit my 2nd targetADABTC is on fire today, broke the second resistance, and reached my second target, closed my position here, +35% isn't bad. Let's see if the price will be able to hold around 700 satoshi, it can be a fakeout like last time. But! Today Hoskinson outlined the plan to launch Shelley update by as early as June 30, so price can continue to rise on this announcement. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
2
CARDANO HTF SYM TRIANGLE PLAY 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. Play for either direction is below; LONG PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way up: 590, 620 & final TP at 680 SHORT PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way down: 510, 480 & final TP at 450 LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
by Irezumi
ADABTC Buyer recovery before continuation 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 slow & weak buyer recovery over the next few days up to the golden pocket range for Fibonacci between 0.618-0.65 in order to take our SHORT orders for the next leg down. If bullish buyback seems extra weak, I will be looking to DCA my entries from the 0.5 Fibonacci line upwards to the 0.618-0.65 golden pocket. TP's on the way down we will be looking at structures to the left, 555, 540, 525 & FINAL TP within 507->500 golden pocket zone of our initial swing low to high uptrend. If we reach the zone between 507-500 & the zone holds as support I will re-assess to take LONG's from this retracement. LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Short
by Irezumi
ADABTC Unsustainable Growth. Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can find this clean RSI Bearish Divergence here on ADA. With the extremely overbought RSIs of over 80, we can get our first indication of an unsustainable price increase. After we also get the bearish divergence, we get yet another signal the price is about to drop again. I showed a possible short trade on the chart, in order to monetize this scenario. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Short
by Trading-Guru
4
ADABTC: Crushed the first resistance ADABTC broke the first resistance and moves to the second. I'm in a position from 478 satoshis, as I described in the previous idea. And I think I take a risk and wait for a second target. If you waiting for a pullback to buy it, I think the best zone will be 540 satoshis (purple line) based on previous support tests. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke