Cardano, opportunity of a lifetimeIf you're a fan of Cardano ( like I am ), then this is a very exciting moment because we're going to witness 1 of the strongest altcoins to bottom out in this or next month. I actually started accumulating since below 900 Sats and will do all the way down to 500 Sats which I strongly believe is Cardano's bottom.
As Ethereum showed a lot of scaling problems in the past and is struggling to upgrade its technology. But it's much easier to build from the ground up than to upgrade an obsoleted system and we all know that. That's why I strongly believe that Cardano will overtake Ethereum in the future.
Cardano is at 3 cents now. Its ATH is at around 1.2$ which is 40x gain if Cardano rises to the ATH again and I have completely no doubt that it will be 1$ again (and even more).
So, no finance advise, but if you seek to invest in something legit, Cardano should be in your list.
Cardanobtc
Cardano - Ascending triangle reversal? $ADAOK, I know that an ascending triangle is not a common reversal pattern and that I'm possibly clutching at straws trying to make a quick buck in this savage bear market, but what the hell! I'm going long with a tight stop and modest profit target of approximately 10% which will take the price to a previous congestion area. Let's see how this unfolds!!
ADABTC GREAT OPPORTUNITY FOR PROFITBuy Price: Green area
Profit: Targets
Invest Suggestion: 20 Percent
Profit Expectations: - 5 - 10 Percent
Looking at the chart of ADA, we could see a resistance line that expected to be broke, i will tell you why!
I added ANN Strategy( 2.1 profit factor on ADA ), it's even better than the pivot reversal strategy, it show us that we are in the buy zone. We could see too that the MACD lines are extremely on our side to make profit, crossed and below the 0 zone!
Also, i'm using a nem type of EMA, called HULL, it's similar to the EMA but it have less lag than it. HULL 13 crossed HULL 34 and HULL 50 confirmimg the potential of my analysis go the right Way!
According the way you trade, sell when you get some profit.
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Thanks for visiting.
CARDANO: ADA Long & Short Trading Setup !!Currently ADA Coin on the Support Level 1000 Satoshi if BTC Stable and Bounce Back then we can see Cardano Bullish and We are Long.
if Fail 1000 satoshi Support Level then We are Short 920 to 650.
BTC Suitation is Not Well So May be Can see 650 ADA.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Cardano's INV HS is stil in play!hello guys,
here is another perspective of my previous analysis instead i have drawn it on the 4h chart!
as you can see ADA is forming Inverted head n' shoulder .
you can see on the blue falling wedge that we stil have room to drop.
the rsi shows we are expecting more downside but thats ok ,if the blue falling wedge plays out everything would go as planned.
target: 1420 sats
my previous analysis:
ADABTC Mid Term TradesWhile bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself.
First trade is already in progress.
My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch back long to complete wave 5 of the three.
THiS IS SIMPLY AN IDEA. NOBODY KNOWS HOW THE MARKET WILL PLAY.
but sometimes having a plan IN CASE the market does react favorably allows you to make the most of out the movements.
I will be updating the idea as it plays out.
Stay hungry friends.
ADABTC HAPPY THANKSGIVINGADA BTC LONG.
Price has broken out of triangle, however breakout lacking Volume confirmation plus RSI showing bearish divergence on multiple time frames.
PREDICTION:
Price will pull back in the short term and allow us an entry when it completes wave 2. Buy in here with tight 2-3% stop loss. Hold for lambo.
ADA/BTC Tactical analysis / Buy opportunity-We have bounced on a major weekly support, and have made some higher lows on the daily.
-We broke the previous high on the 4H and started retracing.
-Should see the .705 retrace to that 4H breaker and attempt to break the next resistance.
Daily view:
Terms:
-Bullish breaker - an orderblock (a green or red candle, in this case green) that precedes a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support
Colors I use for a more organized chart:
15 min - Cyan
1H - Gray
4H - Red
Daily - Green
Weekly - Orange
Original idea by Svarog
Cardano wanting to reach higherWe can see that Cardano's daily candle has failed to close below previous swing low 5 days in a row and it is showing signs of a decent bounce. Green block remains to be untested support zone but it looks like it wants to reach the targets marked in red lines
Trade active: So far it's looking good, waiting to see what the daily candle close looks like in order to update stop loss.
Original idea by Pheneck