ADABTC trade ideas
ADABTC - Healthy Retracement - 77%-88% TargetI'm bullish for reasons:
1. It's a retracement after the previous uptrend and it bounced between .382 and .5 RED fib
2. Creates Bullish Divergence in 4H
3. HL on Price and LL on RSI for Daily which is a sign of trend continuation
4. HH for 1H and testing previous LH as resistance
5. Buy volume is almost average volume in 4H
6. Doji in Daily
Price can go lower between .5 and .618 RED fib and still a good area to buy.
If price falls below .618 and turns resistance, we'll be bearish.
Targets:
TP1: .5 Blue Fib
TP2: .382 Blue Fib
TP3: .382 Red Fib Ex (2000)
Private Charts can be accessed here: pastebin.com/TfJD0rJJ
Note: I don't put too many lines in my latest charts than my previous as LESS is MORE.
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following
my posts are your own responsibility.
I cannot be held responsible for any decisions you make as a result of following my posts.
ADABTC Opportunity for 90% and 300% profitAfter its aggressive bullish movement, ADABTC is now in a correction process and is heading towards
previous strong support level called "SUPPORT RANGE 1" in the diagram. This is considered a key level
for ADABTC because it has acted as both support and resistance in the past. Appart from that,
100/200EMA crossover on the 2D timeframe is in palce which is super bullish for the long run. 100 % 200 EMAs also
act as strong support line near the "SUPPORT RANGE 1". So keep an eye on ADABTC.
This level could set up the stage for another bull run for ADABTC that could give up to 300% returns.
ADA is also considered a great investment opportunity too.
In terms of trade, the following are some indicative prices of where to enter and exit:
Entry: around 909satoshi
T1: RESISTANCE RANGE 1 = around 1747satoshi (94% profit)
T2: RESISTANCE RANGE 2 = around 3812 satoshi (319% profit)
If however ADABTC cannot hold on the SUPPORT RANGE 1, then we might see a breakdown towards the "SUPPORT RANGE 2".
ADABTC also holds a trending event for product update today that could also attract buyers.
In overall, i am bullish for ADABTC.
If you like my analysis please LIKE this post and FOLLOW me for more cryptocurrency updates
ADABTC can run upto 250% Potential Gains The Chart currently shows ADA (Cardano) has the Profit Potentials of Around 250% and above according to charts with the price playing above EMA200 and the ADA has few very strong Fundamentals coming in near future.
As we have seen ADA being Strongly Bullish for Month of MAY JUNE & JULY just after the announcement of its SHELLY Upgrade.
They IOHK team is now gearing up for its Another Upgrades to Gougan & Voltaire in near future enabling Smart Contracts & the rumors of Coinbase Listing.
Apart from Fundamentals we can surely See the Charts Showing Good Entry Points Given In Blue Markings & The Green Lines Can be Good TP's.
Thanks
Aanuj Tated.
This is Not Financial Advice. DYOR
Cardano Trading PlanHello Traders,
Cardano is in a very strong uptrend and at this moment it is on a correction process. It would give us an excellent buy opportunity if it reach our key level and give us an reversion in price or a fakebreakout.
For more analisis like this please push like button and follow us on tradingview.
Profit for ADA/BTC in Binanceİt's just an idea not investment advice
First Buying: 974sats (Fib:0,618)
Second Buying (if it happens): 805sats (Fib: 0,786)
Third Buying: If downward RSI for 4 hours is broken, ıt will be bought
Selling Point: I don't know, maybe I will sell, when RSI passes 70.
Bu sadece bir fikir, yatırım tavsiyesi değil
İlk Alış: 974sats (Fib: 0,618)
İkinci Alış (eğer gerçekleşirse): 805sats (Fib: 0,786)
Üçüncü Satın Alma: 4 saatlik aşağı yönlü RSI kırılırsa satın alınır
Satış Noktası: Bilmiyorum, belki RSI 70'i geçtiğinde satarım.
Cardano Rests On Support | I Am Extremely BullishIn my previous post about BINANCE:ADABTC , I mentioned that Cardano came down to the support zone for the first time since september 2018. At that point, the price just came down to support an made a slight recovery from it.
The week has passed and this week is also coming to an end and Cardano is still resting on support which is extremely bullish. Right now we can see the 21 EMA (the white line) come up. In the history of cardano, the ema provided the currency with support and resistance. So what i would like to see is that the price would come down to the ema which at that point is in the green support zone. This would reinforce the idea that Cardano would go up from here.
To summarize: I am extremely bullish on cardano. Cardano hit support for the first time since september 2018 and right now it is resting on it. We also have the 21 ema creeping up to provide more support for cardano.