Cardanobtc
ADA Pump? :-PI took a 10x long on Cardano. I had opened the short when dominance looked like it was reversing, but seems to be a fakeout. Looks somewhat like an ascending triangle. If this trendline holds, could be a nice risk free trade in a short perios of time. With declining dominance I don't pay much attention to bearish alts indicators, unless they are extreme. Flow with the market & Swim with the whales. Let's see what happens.
#ADA/Z19
Exchanges: Bitmex
Signal Type: Regular (Long)
Leverage: 10
Entry Zone: 500-504
Take-Profit Targets: 510-525-550-575-600
Stop Targets: 495
Risk: 13.9%
Rate: 502
adausd INV H&S SHORT - LONG perfect entry pointCardano looking solid on its entry point/timing for a series of positions; contingent on how patient/greedy you are.
I'd advise against BTC pairings unless you really know what you're doing; though during bearish depressions like this, they are usually the (ironically) most opportune moments to collect mass $ROI if your aim is to accumulate more $BTC rather than $FIAT. IT can get confusing, volatile, and a little overwhelming!
TP1: $0.0434
TP2: $0.0458
TP3: $0.04778
TP4: $0.0496
STOP @ $0.0360
SO always set your stop-losses to be safe!
SHORT/MID/LONG posted.
DISCLAIMER
Not financial Advise!
ADABTC formed bullish BAT | Upto 19% profit possibilityPriceline of Cardano / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 50 simple moving average and 100 SMA supports within this PRZ area and both Moving averages are expected to form a golden cross soon.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:
Buy between: 0.00000472 to 0.00000439
Sell between: 0.00000480 to 0.00000524
Enjoy your profits and regards,
Atif Akbar (moon333)
Cardano ready to bring in good profitsThis is a laid back trade. Took the daily signal here above the green candle wick (stop buy).
Nothing new here:
- Big divergence on the daily.
- On the 6H we have a clean kumo break.
- OBV looks to have bottomed and still pinching on the Daily.
This will be a great move and most likely just the beginning of a whole new market cycle for Altcoins.
Let's bring in some profits :)
ADA heading below $0.04It seems like Bitcoin will head below $9,000 easily taking out the alts with it. While many said it was alt-coin season, it is proving otherwise.
Clearly, there is much more room for declining prices. RSI for ADA is still high enough to sell. The MACD and Histogram are showing that they are entering a bear market and selling will resume.
Can things change? Absolutely. But, selling and buying back in is now a logical option as it doesn't seem that Bitcoin or Alts are done selling off.
ADA, sell for profits, get back in.If you bought at $0.044-48, you enjoyed at least 5% profit. It seems like the steam has slowed and ADA could be coming in for a little break which may see the price back towards $0.047, which would be another good entry point. The lows have been only getting higher since late August. So, the movement upward will continue back to $0.08, or higher.
Reasons for short
RSI is high.
MACD shows a peaking.
Targets
$ 0.047 - $0.048
ADAUSD forming a bullish Crab | A good long opportunityPriceline of Cardano / Bitcoin cryptocurrency has formed a bullish Crab pattern and it will be entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000482 to 0.00000469
Sell between: 0.00000492 to 0.00000517
Enjoy your profits and regards,
Atif Akbar (moon333)
ADAU19 Bitmex Nxt move!!In bitcoin, we can see long spikes which are liquidating longs and short.
Moreover, it gives an opportunity to earn profit in Alts in Bitmex
Currently, ADAU is in uptrend wait for a reversal and long the position
Target 470 Sats (Double top also)
Cardano is BullishAs we can see, the moving average from ATL to current lows is now 100% higher from December 18' lows. This new breakout is the start of a new bullrun. There is PLENTY of room on the MACD and as you can see from the RSI of April 19', there is plenty of room going up from here.
It is unlikely that ADA will return to lows of $0.043-47, and will remain above $0.048 from here on out, unless Bitcoin crashes or some external event influences the crypto market.
Buy-in: $0.048-0.050
Sell: $0.08-0.10
Look at the last sell off and bull run. They are exactly the same trends and moves.