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Cardanobtc

Cardano (ADA) Corrective Wave, (Quick Trade Idea)While North America slept, Asia was busy taking profits after our insane short term bull run. ADA has currently shown what appears to be a head and shoulders pattern in the 4 hour chart and we are currently holding the 2900-3000 satoshi support. Signals: -Head and shoulders after a relatively long bullish trend -Bearish RSI divergeance -Lack of volume & long legged doji candlestick. signaling indecision. -BTC Dominance rose to 39% as of 11:09 EDT, likely caused by quick BTC drop from the 9.3k levels all the way to 8.8k, meaning alts with lack of stable fiat pairs will suffer. How to trade - Sell at if a candle closes below the 3000 satoshi support level - Note that if ADA breaks under support levels, we will likely see that as the next resistance. Buying points 2600-2780 satoshi range, where previous support has been shown 2400-2500 satoshi level (Strong buy, I currently believe it is unlikely for us to reach that low) Sell Stop If you choose to use a sell stop, place it slightly under each support level. I know many of you are holding for the long term so it will be your decision. Quick Trade Idea If ADA drops 5% under a support line, we will likely see the next candle be a green one, that closes just under the support line. This idea can be used if ADA breaks under the 3000 satoshi mark for a quick 1-5% profit, but you will need to catch the opportunity. Please criticize my TA's so I can improve. Thank's for reading!
Long
by HD1184K
5
ADA - Cardano in Rounding Bottom.Hey , I am back with another Trade Idea. This time looking at Cardano - ADA. ADA was recently added to another big exchange. ADA is currently in a Clear rounding bottom bullish pattern, even MACD looks like an perfect rouding bottom. RSI has strong ressistance at 67 level, which was tested bounced back and few days ago was broken. MACD is giving Strong buy signal with increasing ammount of buyers. Hope I made your view on whats going on with Cardano somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update.
by TiborVrbovsky
4
Bullish Cardano (ADA) Trading Idea (Increase position 10-15%) Signals: Significant buying pressure allowing ADA to break past 2400 resistance, now proven to be a support level RSI showing continuous strength for past 3 weeks (This is actually a bullish sign, not an indicator for an overbought coin) Bitcoin losing dominance every week, sign that altcoin season is here. How to trade: If it can hold the 3000 level, buy in around there. Sell points Around 3500 satoshis, the first significant resistance point Buy back in after expected correction of around 10-15%, increasing your position in ADA by 15%. This step is if you are bullish in the long term.
Long
by HD1184K
2
So Apparently The Dip Wasn't Really The Dip..... ADA CardanoI hit you guys with a scenario of us having finished our Wave 3 and being in our Wave 4 correction.... But that wasn't so. As you can plainly see we pumped even MORE!!! Wow, Cardano really went on a moon mission with this one. So apparently we had finished SUBwave 3 of wave 5, and we broke the 2.618 and almost made it to the 3.618 Fibb Extension of waves 1 and 2. So now I have corrected the wave count and have added the subwaves to explain how I derived my conclusion. We caught the 5 wave extension, but this still follows Elliot Wave rules because wave 3 is not the shortest and wave 2 and 4 do not overlap. Whala!! So now that we are EXTREMELY overbought and have seemingly completed our count for wave 3, we should have the nice retracement for wave 4 that I had been expecting when I posted the last chart. My Wave 4 target is still for the 0.382 Fibonacci Retracement, however this target is now around 2900 satoshis. And once we have completed this correction I have a wave 5 target up at the 3.618 Fibb Extension of our main waves 1 and 2, which is about 4450 satoshis. I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management! Please like and comment any questions you may have below. Happy trading!
Short
by x28Jakke
1
ADA, Wave 2 Is In, Commence Dippening!!Last time i left you guys with extrapolated targets for what our wave C should look like based on Elliot Wave and Fibonacci Retracements and Extensions. Wave 1 ended slightly shallower than I expected it to, it was actually finished when i posted my last chart, but we couldn't have know that because we had no data on Wave 2 yet. Now we see that the retracement of Wave 1 was deep. It came to the 0.786 Fibb. You can clearly see our 3 Wave ABC correctino structure within wave 2, therefore, we must continue our Wave C by commencing the start of subwave 3. Now I have extrapolated new targets for our wave 3 and 4, and made the wave 3 fairly extended, reaching the 2.618 Fibonacci Extension . I did this because the 3.618 Fibb perfectly lines up with our 0.382 retracement of the entire 5 Wave Structure that were in the correction of right now. So, because there is such a low probability of us only correcting to the 0.236 Fibb, I've assumed that we will have a larger wave 3 in order to help us achieve the retracement to the 0.382 level. My count seems to be lining up just fine, and I haven't changed it, only slightly corrected some of the target zones in the subwaves based on incoming data. However, keep in mind, this count is invalidated if we break above wave 1 around 3340 Satoshis. I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management! Please like and comment any questions you may have below. Happy trading!
Short
by x28Jakke
ADABTC MOONED!!! Now Its Time to CorrectOk guys, So, with the news of of ADA being given additional of ADABNB and ADAUSDT trading pairs on Binance pairs, we pumped massive. From the bottom of Wave 3 to the top we had a 25% price gain. We hit a killer Wave 3 target at just over the 2.618 Fibonacci Extension zone of Waves 1 and 2. Now, we will be in a Wave 4 Correction. As far as I can see, we have already completed our Waves A and B, and my reasoning is that I already count a 5 Wave structure up for wave 3, so the following Wave can't be anything other than our Wave A, and then what I'm counting as Wave B did not make a higher high. We hit a bearish spinning top on the daily where I have labeled our Impulse Wave completion, and this candle signals that the bulls have run out of steam and the bears have taken control. Now, my target for the base of Wave 4 is the 0.382 Fibonacci Retracement, conservatively. There is a higher probability that we go lower, however the main range for retracement is between the 0.382 and 0.618 Retracement Zone. So we should likely correct here to atleast 2744 Satoshis. I have given a Subwave count for Wave C, however it is mostly conjecture because we have not had a Countertrend to verify that Subwave 1 has hit the bottom yet. We could already be done with Wave 1 at the posting of this, or we could possibly go deeper. I am not sure at this point. I simply drew it out as an indication of a possible scenario that could be played and to extrapolate where the bottom of the correction could finish. If you have any questions feel free to ask. I hope you enjoyed my chart and explanation. Always remember to practice proper risk management! And please don't forget to like !! Happy Trading!! Bearish Spinning Top Daily Candle:
Short
by x28Jakke
ADA/BTC Possible upcoming playADA/BTC has been bleeding for quite some time now with little to no retraces and bounces. We are reaching a an area at which a higher bounce or a full market reset is more likely. Would need to see a confirmation of support in the green zone to determine the entry better. So far Range of 1500-1000 seem most likely for an entry point, going below 1,000 can push it to a an extremely low point at which it will have to bounce really hard from to push it back bullish. I expect to see some kinda reversal happening first week of April, would like to see at least a couple of days in the support area, with increased volume to push us back out of it.
by CrimsonBull
ADABTC Bittrex 4H up to 18APR18 Trading Analysis (TA)ADABTC Bittrex 4H up to 18APR18 4H Chart, also works in 1H, at this time the Cardano (ADA) has been floating on SUPPORT ZONE 3 for a couple of days after the RESISTANCE ZONE 1 became into support; the 50,100,200 MA indicator already crossed and is beein moving into an ascending pattern (Blue Arrows), along with a slightly ascending movement on the MACD and RSI (Checkmarks), if this properly explodes would be nice targeting RESISTANCE ZONE 2, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 336 Billions. Good Luck! 4H Chart, también funciona en 1H, en este momento el Cardano (ADA) ha estado flotando en SUPPORT ZONE 3 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte; el indicador 50,100,200 MA ya cruzo y se está moviendo en un patrón ascendente (flechas azules), junto con un movimiento ligeramente ascendente en el MACD y RSI (Checkmarks), si esto explota correctamente, nuestro target estaria en RESISTANCE ZONE 2, pero mantenga siempre en tenga en cuenta que también puede caer. En este momento el Market Cap se mantiene sobre los 336 mil millones. ¡Buena suerte! "Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
Short
by rodulfox
Looking for The Next Move in Cardano, ADA/BTC?Cardano, ADA/BTC one of the more popular coins has been in a nice recovery from its lows in March. The recovery is not only lead by the recovery of the overall market/BTC but mainly because of increased visibility and key activities/events such as meetups, conferences, and recently a roadmap update. Also, Cardano got listed on a few more exchanges with Huobi (Pro) being the latest listing today. And perhaps the more anticipated event that is coming up around the end of April is the "Gogeun" Testnet Launch. The Gogeun Testnet Launch should bring more hype and excitement around Cardano which would drive the price up, even more, the coming week or two leading up to the actual launch. If you would like to enter ADA/BTC for a short-term swing trade I would wait for some pullback cause the price is a bit overextended and on the 4 hourly chart, an RSI divergence looks to be forming. And with a (key) resistance at around 0.00003000 there should be more profit taking to expected. That being said, if you like and believe in Cardano in the mid-long term then you don't have to time as much and you should ride the wave up and down and expect it to go further up in the coming days, weeks and month cause of its potential. For the short-term swing traders, here are some levels to look at: Buy Area: 0.00002800 - 0.00002860 Profit Targets: 1. 0.00003132 2. 0.00003322 3. 0.00003495 Note: don't forget to secure some of your profits along the way. Is always a good idea to take profits, even though a target has not been reached yet. Stop Loss: 0.00002688 Leave a comment if you have any questions. Like it, if you liked it and share it if you loved it. This is for good karma :) And until next time, good luck with your trading!
Long
by Trade_Masters
You should must know this Before you miss cardano Bus ( ADA Btc)hey guys I'm analysing ada cardano scince long time its formed bullish pennant chart pattern and my self I got enter in it when it got breakout from that bullish pennant I have no plane to sale this strong 3rd generation crypto coin until I get 200-300% from this gem roadmap update coming soon and its got 87% correction scince its last ath its a worthy play to buy at this breakout accumulation Zone 2100-2400sat first target 3100sat if your a short player target 4200sat target 6000sat for Long Run (3-5months) note= targets wont achieve overnight or 1-2 days it needs Hold and we shouldn't fear to buy at this dips after 87% consolidation hold it and enjoy the real profits Good Luck.
by Shining_Fireking
Cardano Upside potentialCardano (ADABTC) has been rallying the last few weeks and is now close to the resistance level above 0.00003. If price reacts from the resistance level we can expect a drop down to the support level around 0.000023 before the rally resumes. If price starts dropping from the current levels, we can expect the same scenario as above. If price continues to move up and breaks the resistance level, we can expect the ascending trendline to additionally support price on the way up. Good Luck, CryptoTrendline
by CryptoTrendline