CARDANO (ADABTC/ADAUSDT) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
ADABTC
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 2110 Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 2110 Sats, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
ADSUSDT
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $0.98 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $0.98, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
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Cardanousdt
ADA about to SKYROCKET !Right after peaking around 0.99 cents, ADA consolidated for 3 days and formed a bull flag which is a strong indicator for an uptrend.
Couple hours ago broke the resistance from the recent downtrend.
With the huge Africa deal news on the way Cardano can possibly take a second trip to the moon in the following days/weeks.
The second support zone I indicated would be a real decent buying zone imo.
-not trading advice at all-
ADAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are with you today with Cardano’s analysis.
Our first scenario is that Cardano will go out of its channel which indicates a buy signal where it can experience higher prices.
The second scenario is that it will start ranging inside its channel so that finally it will go out from one side of the channel.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ADAUSDT walking on this bullish channel - Target projectionTechnical analysis regarding the price of CARDANO in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods.
Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Cardano Fast TradeAda is strong right now. a medium short term fast trade is possible but always keep an eye on BTC and invest wisely % to rebuy in case of dip.
Manage yourself to win !
Buy zone 1 : 0.3501
Buy zone 2 : 0.3226
Strong Rebuy : 0.3
TP1 : 0.498
TP2 : 0.645
Stop Loss : 0.295
Happy Tr4Ding !
Decision Day For Cardano ADAWarning: our thoughts are ours; not financial advice.
Cardano is one of our favorites. It's stood the test of time; it survived the bear market.
However, some short-term analyses to ponder upon.
Though in the long term, ADA is bullish. Very bullish. You can't just be bearish on this one. Nevertheless, we could (not of a certainty) see a pullback in the coming days.
ADA just rallied strongly to the top of the channel, we need to either see the strong move throughout today making a close above the channel which will translate to a breakout. If that happens, great news. We should even expect more bullish days ahead.
Alternatively, we could see price scramble back inside the channel at the close of today's' candle. If that happens, well, we may Cardano's price pullback to the midline or the bottom of the channel before resuming its uptrend.
Whatever happens, trade with caution.
ADABTC / ADAUSDT Potential Pump Incoming!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
The three majors that I believe will do well are Ethereum (ETH) , Polkadot (DOT), and Cardano (ADA). While there are smaller alts that might pump harder and quicker, they are also more risky and harder to identity. The above three alts provide probably some of the best risk reward in alts.
ADA breaking out the key level resistanceHey friends, hope you are well and welcome to the new update Cardano coin.
Breaking out key level resistance:
During the powerful bullish rally on the long-term first the price action broke out the $0.15 resistance and after re-testing this resistance as a support move to the next resistance $0.385. This is the key level resistance for ADA coin because this resistance is not broken out since 2018. If this resistance will be broken out then the price action of ADA can reach at $1.4 very easily.
The EMAs and Ichimoku cloud:
On the weekly chart, the price action of ADA coin has is moving above the exponential moving averages 10 and 21 and using these EMAs as good support.
On the weekly chart, the price action of ADA with Bitcoin pair is breaking out the Ichimoku cloud. Once this cloud will be broken out then the Cardano can turn more bullish.
Conclusion:
This can be a historical moment for ADA, because on one side in the US Dollar market it is breaking out the key level resistance and in Bitcoin marked it is breaking out the Ichimoku cloud strong resistance.
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing.
After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers.
What do we see next?
The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38.
In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall.
The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17.
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ADAUSD this is just a beginning towards previous highEMAs on the monthly chart.
Even though the price action of Cardano has rallied more than 1800%, but if we switch to the monthly chart, then it can be observed that the priceline has just broken out the resistance of EMA 10 and 21.
EMAs on the weekly chart:
On weekly chart, the price action broke down the EMAs 10 and 21 but again it has moved above these exponential moving averages.
SMAs on the weekly chart:
On the weekly chart, the price action of ADA has broken out the 50 and 100 simple moving averages and now breaking out the 25 SMA resistance level.
Ichimoku cloud:
Now if we turn to the ADA with the Bitcoin market, then the price action of Cardano is likely to break out the Ichimoku cloud resistance on the long-term weekly chart.
Conclusion :
The priceline has rallied more than 1800% so far, but this is just a beginning and the ADA can cross up the previous highest price ever very easily.
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