Cardono
ADA.USDT (Y21.P6.E1).Looking for an entryHi All,
Here are my thoughts for an entry based on the daily chart and levels\structure.
Note my key points on the daily indicators...aligned for a move to the upside.
I also included a fib time zone to have a guess roughly when.
Look for the RSI breaking its Moving Average and confirmation when it breaks the 50% level.
The other indicator, M.mayer....look for it to break the 200 ma.
All the best,
Regards,
S.SAri
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"I personally feel that buyers are going to increase their exhaustion buying (Dumps Not Dips). Free money maybe isn't as free as first perceived also it may not hit accounts fast enough for the little guppies to nibble up all the Whale crumbs as things sink down toward the inevitable abyss."
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🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK!""
ADA close above $1.12417 bullish engulfing candleIf ADA closes today above $1.12417 on binance, that will be the first bullish engulfing candle since the ATH from this down trend. ADA bounced off nicely off the 200 ema on the 4 hr closed above the 200 sma, daily BB, and mid descending channel, and will most likely not close below the bullish channel. The fib retracement shows your next resistances which line up perfectly with "break down, not out" candles.
ADA on numerous supportsADA is on channel support, 4 hr 200 sma support with the 200 ema at 0.99, the 12hr BB support, 5 wave count down, and a perfect 1.0 fib extension all confluent around $1.03ish. ADA is also printing a intermediate Wyckoff accumulation pattern, which this would be the bottom of the retrace. ADA is under the mid line BB on the daily. ADA needs to get a daily closure above $1.12 real soon to keep the bullish momentum.
All this support could very well be invalidated by Bitcoin though....
#ADABTC : Inverse Head & Shoulders!ADABTC has formed a multi year inverse head and shoulders!
This Pattern makes me ultra bullish long term.
ADA has been all the hype as ETH is experiencing mega gas fees that have truly annoyed crypto traders!
ADA can take a few % of market cap from ETH fairly easily!
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ADA - bearish signs ADA is showing bearish signs on the one hour time chart - expecting a pullback to lower support before the price climbs higher - definitely bullish on this coin long term but the whole market has had an impressive week and I believe we will see this pattern occurring over many of the coins before higher highs are reached.
''Buy Big Sell BIGGER'' - MegaWhale (;
#ADAUSD Long Term Hold Idea-ADA is creating a massive W
-Buy The Breakout And Hold.
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ADA Cardono On Fire, Bullish, Resistance incoming?Seems the bulls have been released... And they have found Cardono. There is no denying this is now very bullish, The question is; will we get a pullback at resistance or cut right through it like butter? Let me know your thoughts in the comments below!
Never Trust. Verify.
DYOR . Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
ADA moving against alt-coin marketIf you were going to attempt to enter something, ADA is the only one of two coin in the top 8 on CoinMarketCap that is in a bullish trend against BTC and the market as a whole.
5/20 MA cross occurred and price has continued to bounce off the 5MA as it climes. VPVR shows we bounced from an area of strong volume interest again. Possible Double-Bottom pattern formed over the past month.
Best entries in order of contract size are - 5ma, 20ma.
Trade invalid (exit/take profit) if price closes below the 20MA, or the 5MA crosses below the 20MA.
I not yet in this trade. Looking to enter at levels mentioned.
My profit targets on this one will be - previous highs for taking small profits and then anytime it crosses below the 20MA after new A.T.H.
These are my own trades. Provided for educational purposes only.