Cardanobtc
ADA BITMEX posible AB=CD patternIf will be reflection from point D, we will go up for first profit.
Buy in 1780 - 1775.
Primary target: 1837-1840
Secundary target: 1850-1855.
Good Luck
Hladik
One last push towards my target of 1850Hi Cocopups!
Hope ya'll doing fine. Let me drop my chart of Ada. We all know what is coming up next month, but looking at the chart Ada is bound for a retrace.
I'm looking for one last push upwards till 1850. That's my target of the Inverse Head & Shoulders. There is a chance we won't make it so I put a stop around 1700.
I'm looking to buy back around 1460 and ride the next wave up.
On the 12 hourly we have a 9th on the TD seq, reverse of the trend is coming plus we have already bearish divergences on multiple timeliness.
So one last push up Ada and then take a rest, you deserved it!
Enjoy your beautiful day!
Cardano - ADABTC Ready for major SELL down? Cardano (ADABTC) has gained more than 40% in a span of 10 days while BTC and other Alts are not having similar behaviours. We are aware of the good news circling around ADA, however our technical analysis shows that a reversal to the Bear is near.
Here we have at Daily Supply level a Bearish Bat Pattern (Daily Time Frame) and price was slightly short to complete the pattern at PRZ. For those who are not familiar with what PRZ is - Potential Reversal Zone, something that is unique for Harmonic Pattern traders only. Price is moving upwards in a nice trend channel with current price sitting nicely at the bottom of the trend channel. Retail traders are looking to buy the into the trend channel and thinking the Bull Run is going to continue on and on.
Once again, we are not going to do what the majority are doing, I am looking for a short entry to sell ADA knowing that this is an attractive price to sell. I have two plans here:
1) Wait for a big candle downwards to break the trend channel and sell at the pullback.
2) if price goes higher from current price, wait for it to enter my daily supply level and bat completion to look for candle confirmation to short.
Lastly, a rising trend channel but put against RSI which shows Overbought and Divergence, something for you to think about.
Do like, share and follow us for more analysis like this regularly.
Cardano(ADA) latest update1 Key Highlights
* Following uptrend channel since December' 2018 and moved 100%+ against BTC(satoshi) pair.
* Trading above 200D-SMAs and Ichimoku cloud on Daily time frame.
* Bearish(sell signal) signs indicate slight correction ahead to levels defined on the chart below.
* Correction downward can provide an opportunity to buy the asset for the long-term hold.
* Pair has moved 60 percent up since last post
Cardano coin has been a runner since December'18 and is in strong bull trend while moving 100%+ against Bitcoin(Satoshi) at the time of writing but will the coin rise more?
Few of the catalyst supporting the uptrend:
* Ledger Nano S wallet support to cardano(ADA) coin.
* Binance adding ADA trading pairs.
* Shelly release on Test-net and Mainet during second quarter(Q2).
If we look at the cardano coin forecast analysis today then we might see a slight correction downward in the coming days which might provide an opportunity for late buyers to enter the asset for a long-term hold.
Let's look at cardamon coin technical analysis 2019 on its Daily-time frame chart.
* Risk taker buyers can look for preliminary support area around 0.00001470 satoshi to enter the asset for mid-term hold.
* If this preliminary support level doesn't hold then one can look for potential resistance turned support(S/R Flip) area around 0.00001337-0.00001376 satoshi to set their bids for a safer entry.
* Sellers can look for areas at resistances(sell zones) around 0.00001920-0.00002000 satoshi (short term) and 0.00002243-0.00002406 satoshi and 0.00002701-0.00002778 satoshi (long-term).
* Breaking down below the last support area around 0.00001102-0.00001112 satoshi would be strong bearish(sell signal) for the asset.
Further cardano coin price analysis suggests that it has crossed the 200D- SMA (simple moving average) on Daily with bullish cross-over of 10 and 20 EMA (exponential moving average) on weekly. These are quite healthy signs for the bulls.
MACD and Stoch-RSI indicator on Daily time frame showing signs of weakness leading to a healthy correction in the coming days but that doesn't make the pair strongly bearish.
3 Conclusion All-Time
Cardano coin has been the top rising cryptocurrencies and its price seems to be in a bullish trend in the long-term with future looks bright because of the upcoming catalyst of launch of Shelly protocol on Test-net and Main-net during Q2'2019.
ADABTC now bullishBINANCE:ADABTC price broke above the cloud earlier in the week (March 9). A few days later Chikou followed outside the cloud to confirm the cloud breakout. Price even performed a nice confirmation pullback to the breaking pivot.
I'm looking to get long this pair now and on pullbacks. If the breakout continues it could have the oomph to break the last major high set on Jan 10th.
ADA – 3 tips how to trade during this rallyHi Guys!
Probably some of you have noticed positive moves on Cardano .
Rumour has it that the Ledger will support ADA on their devices. WOW.
If it turns out to be true it will be really great news .
Such a move is highly anticipated by the Cardano community.
Moreover recently Binance has announced new trading pairs with ADA.
They will add ADA/USDC and ADA/PAX which will make the volume even higher.
So here is the technical analysis .
1. The long-lasting resistance at around 0.00001300 was broken.
2. Another resistance at 0.00001500 was also broken and what is more important this level was defended.
3. The current 12H bar broke the resistance at the level of the last peak which was at 0.00001600.
4. There is not much supply and a massive amount of demand = price will move up .
5. This all opens the road to higher levels .
Manual how to trade on Cardano:
1. Wait till we break the next resistance at 0.00001700 .
It is also important to s tay above this price for a while.
2. The next target is at 0.00001850
3. Consecutive price to reach is ~ 0.00002500
That’s it.
With the positive sentiment towards Cardano with should reach these targets within the upcoming day or weeks .
Tell us what you think.
Have you already bought ADA?
Drop us a line in the comment section.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team
CardanoI want you to pay attention to this coin. because it is a great project with its blockchain, an excellent team and great growth potential before the big news in the company in the first quarter of 2019. Go to proof of stake.
www.investinblockchain.com
The whole of 2018 ADABTC has fallen. formed a falling wedge, after another wedge but with a smaller angle of inclination. And now we are moving up the channel.
Daily RSI - oversold
We are above MA50 and MA100 but still under MA200
ADA/BTCIf we can break the previous established resistance, without a doubt it will rocket up further and further. Pay close attention to the next week and a half.
Enjoy the profit friends!!!!
Dont miss it, when it launches its not coming back down this time. Cardano donations here
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#Cardano $ADA likely headed back to support at 1350 SatVolume declining, consolidation wedge breaking to the downside, MACD also indicates it is headed lower.
The inverse head and shoulders pattern which formed at the lows unfortunately does not change the fact that no one uses Cardano ADA for any purpose whatsoever, much like Etherium Classic ETC.
ADA-BTC Long can result in a juicy 50+% - Inverse H&S ideaCardano (ADA) is looking very bullish on daily to test the neckline of the inverse Head and Shoulder formed over past several days and is heading close to the moment of truth.
Ichimoku setup bullish on daily as price broke out of the cloud and lagging line comfortably above price candles and cloud
Once resistance is crossed on a daily candle close, the upside potential is huge.
Target 1 - 1548
Target 2 - 1776
Target 3 - 2060
If you like this idea, give me a thumbs up. Also have a look at my AI Lite indicator which populates BUY/SELL signals on chart based on a high probability system that I have developed. If you would like to try it for a week, PM me.
Happy trading.
CARDANO (ADA/USD) - Breakout From The TriangleHey!
The cleanest way to the higher levels is on the ADA chart.
It has made a breakout from the triangle and it has slowly drifted above the EMA100 on the Daily chart.
A perfect spot to jump in would be the retest area but You have to look at BTC chart also:
...if the BTC price falls lower than the black trendline (counter trendline) and it falls into the red area then this idea is also invalid!
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ADABTC Breakout expected following pattern from last year!How's it going everyone!?!
Very simple chart on ADABTC as i am in a long position right now.
We can see this is creating a CUP formation on the higher time frames
as it pushes to test the 2000 sats level in the next few weeks. 1540 looks
to be a point of RESISTANCE and expecting a retrace at that level back down
to the 1480's consolidation where from there i believe we will break up to the
1700's. I will be actively monitoring this coin as i believe it has a lot of room for
upside in the coming weeks.
Best of luck trading everyone!
LiquidMEX
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 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001090)
Ending of entry zone (0.00001000)
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= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free