ETHUSDT 30mHello everyone
Possible paths of motion ETH
The first resistance in the ETH uptrend is close to the level of $ 3135
The first major resistance is near the $ 3,200 level
Closing above the $ 3,200 resistance could push it further
In this case, the first resistance near the $ 3400 level is in front of the cows
If ETH fails to move above the $ 3135 and $ 3200 resistance levels, it could start another bearish correction
The first support in this downtrend will be close to the level of $ 3050
It looks like the next major support is nearing the $ 3,000 level
A bearish break below the $ 3,000 support area could push the price towards the $ 2,800 area
The next major support will come to ETH close to the level of $ 2650, but if this support is lost, the price of ether may move to the $ 2500 area in the short term
What do you think is the process of the ETH?
Have good deals
Smartcontracts
CARDANO ADA - SHOULDER HEAD SHOULDER Hello Traders,
As you can see we are going through a period of decision for the pair ADAUSD, after the SHOULDER HEAD SHOULDER pattern we wait the confirmation of the down trend, but if it gains power again due some fundamental factor, the price will go back to the previous top level.
Tks,
Douglas Ozolin
ETHUSDT 1hIn the hourly chart of the ETH / USD pair, a price break was seen above a significant downtrend line with resistance near $ 3360
The first resistance on the Ether ascent is near the $ 3420 level
A sharp break above $ 3450 could cause the price to continue to rise
In this case, the next resistance will be close to $ 3,500
Any further increase could pave the way for a move to the $ 3650 level
If Atrium does not move above the $ 3420 and $ 3450 resistance levels, it could start a new bearish correction. The first support in this downtrend will be close to the level of $ 3380
The next major support is expected to be close to the $ 3350 level
The next hurdle for bears may be near the $ 3240 level
have a nice day
Please comment
LTCUSDT is testing the daily resistance 🦐LTCUSDT is testing the daily resistance above the weekly support. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ADA/USDT Update: 3$ was met. Smart contracts launch today.Intro:
- Today is the official launch day for the goguen era and with it smart contracts which will result into a vast ecosystem.
This is the update the whole Cardano community waited for years now and patience seems to be rewarded.
- Guys please give me some feedback to improve my charts, analysis and commentaries.
Daily chart:
- We did reach the anticipated 3$ which marks a new ATH and took some profit.
Later Cardano crashed together with the whole ecosystem and even touched the 2$ line which represents a 30% correction.
- Currently the market is very volatile since nobody knows the impact of this new starting point integrating smart contracts.
One could suspect that some people take profit and now look for ADA gems to invest which would result in a small ADA selloff.
- During the drop we see that the Fib levels 0.5 and 0.38 did hold so far.
- The current bottom is likely to be 1.4$ or 1.8$, so don't panic if we visit this regions again.
- The RSI is in a steady downtrend since mit August and currently does not look like it even tries to recover.
- Overall ADAUSDT is a very messy chart and we can't recommend trading ADA for now.
(The following description is taken from last discussion.)
- We spot a beautiful W recovery drawn in blue. As mentioned in other analysis we consider a W shape recovery to be very strong reliable.
- Volume rises again which is a bullish sign. However volume did not reach a level near to previous volume spikes which could indicate that the big chunk is still coming.
- The resistance levels at 1.4$, 1.85$ and 2.4$ were take out all within a short period of time.
- The 1.85$ resistance level was tested and now acts as support.
Expectation:
- The anticipated 3$ were hit and the 12th of September is here.
The next days will lead the path and it is anybody's guess where we head next.
Currently we can't recommend buying and trading ADA since we are so close to the newly formed ATH and potentially have a lot of downside potential in the very shortterm.
- Let's see how things play out over the next week and discuss again.
- Once smart contracts are running and the ecosystems grows we maybe even will see a 10$ cardano one time. Stay tuned and hodl on.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
ETHUSDT 1hThe price ceiling has formed near the $ 3561 level and the price is slowly falling
The first major resistance is close to the $ 3560 level
A steady move above the $ 3560 and $ 3600 levels could increase the chances of a price climb. In this case, the next resistance will be close to $ 3680
If ETH fails to move above the $ 3500 and $ 3560 resistance levels, it could start another downtrend
The first support in this downtrend will be close to the level of $ 3400
The next major support is currently forming near the $ 3380 area
The main support is close to the level of $ 3335 and if the price falls below this level, the possibility of re-touching the $ 3200 area will increase
Be rich and healthy
ADAUSDT 1DPossible routes for ADA price movement
A pattern of wedges is created in the uptrend
If the pattern breaks down, the price is likely to fall to 2.29
But due to multiple supports, this rapid decline does not happen
There are many demand barriers at 2.47 and 2.38
However, if the wedge is broken from above, ADA price may reach 3.37
ADA TargetsADA has broken out of the 1.272 fib retracement at 2.87, which is great to see. I've laid out all the fibs and log fibs for potential areas of resistance in the future up to 4.33. Just because it's out there doesn't mean it has to be resistance but they might be good places to scale out of long positions or enter short scalps if the price is overextended right under a fib resistance. My timeframe would be in the next 2-3 months but many of them might get hit in anticipation of the smart contracts upgrade.
ADA USDT targets pricesHello every body, I think that ADA is started the bullish wave 5 and it can reach first to near 5 $ then 10 $.
If the player wants bigger price so ADA can reach to near 14 $ and the last price is near 20 $ for the end of this bullish wave.
Because of the smart project of ADA it can be 10 $ and more.
I will be very happy to see your review about may analysis.
Thanks a lot.
ADA/USDT Update: Broke ATH and heading for 3$. Smart Contracts!Intro:
- It's a long time ago since we covered ADA. Mostly because it was consolidating and we had to wait.
- Finally we got an official date for the launch of smart contracts and it's the 12th of September.
This is the update the whole Cardano community waited for years now and patience seems to be rewarded.
- Guys please give me some feedback to improve my charts, analysis and commentaries.
Daily chart:
- We spot a beautiful W recovery drawn in blue. As mentioned in other analysis we consider a W shape recovery to be very strong reliable.
- Volume rises again which is a bullish sign. However volume did not reach a level near to previous volume spikes which could indicate that the big chunk is still coming.
- The resistance levels at 1.4$, 1.85$ and 2.4$ were take out all within a short period of time.
- The 1.85$ resistance level was tested and now acts as support.
- RSI is currently close to the overbought territory and did get rejected from it.
Expectation:
- We expect to see new ATH's until the 12th of September and don't know yet what to expect afterwards.
- 3$ seems a doable task until then.
- Once smart contracts are running and the ecosystems grows we maybe even will see a 10$ cardano one time. Stay tuned and hodl on.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
ADA TO $3 IN THE SHORT TERM!!The past few days/weeks have been extremely exciting for those who are invested in ADA, including myself as I have a fair share of ADA in my portfolio. To some this massive move was extremely unexpected, however I have been anticipating a huge movement nearing the release of Alonzo purple and smart contracts. The closer we get the higher the price will rise and I am fairly confident in my prediction of the price hitting $3 in the short term however there is a strong possibility that this would be a buy the news sell the release situation which is very common and personally would keep ADA on a healthy track if the price dips after the Alonzo purple hard fork is released, and on top of that it would give for a good buying opportunity. I will discuss in the following paragraphs why I believe so from a technical perspective.
Currently the ADA price is consolidating slightly above the previous ATH of $2.47, which is extremely healthy as it is able to maintain a neutral stance even at levels as high as it is. I would be very happy if we could sit in this area for a few days longer, which will really solidify the future support around this level as this line also holds the previous ATH, therefore this level in the future would theoretically be a very hard one to break, if it holds a few days longer.
We recently broke out of a medium term bullish flag formation (seen in yellow) with the target point sitting at $2.44 which is just below the previous ATH, therefore I was expecting a retracement off that level. However that retracement has not occurred, well not yet at least. We find our self in a small bullish pennant at the moment, which in my opinion can turn into a bull flag (as seen between the white dashed lines). This would be an extremely bullish signal as it will give the price time to cool down and not get over extended ahead of the rest of the market. Another benefit is that the price will have time to retrace down to a key level of of support and a previous swing high which sits in a ranged area between $2.25 - $2.18.
Therefore in conclusion, I stand with my prediction of $3 , however it may bounce off a bit short which I have predicted at $2.96. watch out for the next few days as there is a beautiful trade to be made as prices break out of the set formations into price discovery once again.
Yet again I thank everyone for investing their time into reading this article and I truly hope it gave you a perspective you had not yet discovered or it gave confluence to your own similar predication.
Please leave a like and comment your opinion on this perception on the current Cardano price.
Don't forget that everything I type on my articles should not be taken as financial advice but rather a confluence above your own research and do diligence.
#NotFinancialAdvice.
ADA/USDT A pull back to 1.8 for ADA then a bounce to the upside.Let's be realistic here, the market for ADA is quite extended right now so expect a pullback then a bounce off to the upside. This is looking very bullish especially with the smart contract on the side so expect to break the all-time high.
The RSI is above 80 so look out for the prices to either stay stable or correct itself to around the $1.9 level. I still believe that after this correction (I may be wrong), the prices will likely go parabolic as it has proven before.
A good opportunity to buy right now would be patient for a pullback to 1.8-1.9 or a market crash (anything can happen in crypto as we've seen it before). You could indeed short right now but add a stop loss at about $2.2 because we've seen how bullish ADA has been in the past week. You may hate me to say short right now you have to sometimes be a bear and sometimes a bull to be a good trader.
Good Luck EVERYONE and don't trade money you can't afford to lose!