ADA BTCA pattern of head and shoulders is formed and then a resistance that if the resistance is broken, we will see a significant ascent
ADABTC trade ideas
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Cardano BTC and USDBitcoin pair could be interpreted in two different ways, bullish pennant or, the head of a head and shoulders pattern
THE USD pair is a quite clear bullflag,
lets see how high this goes
ADA/BTC Update: Consolidating after bullish H&S BreakoutThe same infos holds as posted for ADA/USDT.
Here we see an excellent example for a bullish Head and Shoulders breakout.
We reached the first resistance line and are currently consolidating bellow.
For new entries you could take the price indicated by the box.
We are very confident that we will reach all our targets set within this chart.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- 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.
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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.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA - History Repeating ItselfLet's hit our 3rd run on this ADA cycle! The 1H and 4H are starting to look bullish again, wish a slightly bearish 1D chart. I think we can milk a bit of profit on this ADA play as it is hitting buy territory again.
Entry: 1,950-2,050 sats
Stop Loss: 1,900 sats
Targets: 2,100 - 2,250 - 2,400 - 2,600+ sats
ADA Wyckoff Re-Accumulation. 2nd Possibility I posted an idea that I think ADA is in a Re-Accumulation face (See the idea I posted before this one).
If it is in Re-Accumulation, it could continue it's rally after the creek like I have drawn in my first idea.
Another possibility is that we will see a spring before heading up to higher prices *so be aware!*.
The only ADA chart that matters.Lots of people have been frustrated with ADA's inability to break heavy resistance at 1.50. Lots people are learning the hard way that markets ebb as much as they flow. However the big picture here is still very much bullish. The big picture for ADA even looks bullish VS. BTC. A symmetrical triangle pattern has been developing over these last couple of weeks on the ADABTC chart. The upside target is 0.00003400BTC. To confirm this as a bullish trend I expect a bounce at 0.00001740BTC. If we break below this level is will spell trouble for ADA VS. BTC imo. To confirm this as a triangle pattern ADA will then have to break the resistance trendline, closing candles on the 4 hourly and especially daily charts only then will I be confident in this move when considering the time frame it took to develop.
ADA will run next month - good potentialYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
Cardano (ADA)Hi guys i hope u enjoy this analysis
Is the best time for long
Strong RESISTANCE from Dec 2017 if we break this zone we go to the moon soon
ADAbtc - which way do we go? The support area is a no trade zone for me on this because it could go either way.
Regardless of direction, i'm looking for a break and retest with decent targets indicated.
ADA flirting with a breakdown to previous supportSeveral 4hr closes below this critical support may lead to a 20% retracement
ADABTC Potenial 40% profitADA/BTC
Buy is the white box target on the chart
Stop-loss (SL) is 1966 sats.
Cardano (ADABTC) - Coin of the weekCardano is a proof-of-stake blockchain network that aims to empower "changemakers, innovators, and visionaries" to effect lasting social change. The open-source project also seeks to "redistribute control from unaccountable institutions to the margins to people," resulting in a more stable, accessible, and egalitarian community.
Cardano has a price today of $1.22 USD with a 24-hour trading volume of $6,719,866,914 USD and a market capitalization of $39 billion. It has a circulating supply of 31,948,309,441 ADA coins and a max. supply of 45,000,000,000 ADA coins.
Cardano started an uptrend on the daily timeframe in the middle of January and topped on the 27th February at the price of 0,00003195 BTC per ADA. From the 27th of February until today we are in a retracement that looks (now) like its correcting for at least one more leg up. On the 4h timeframe we have a structure that started in the middle of March and it’s still developing. Crucial zones that will determine the future direction of this pair are the support area and the minor resistance marked on the chart. If we see a down move that will break the support it will increase the chances for a deeper retracement. If it will break the minor resistance and will consolidate there, we should see the price trying to reach the major resistance.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
