ADA _ ? I'm guessing something like this for ADA.
Honestly, it's probably one of the best looking charts right now, for me.
Cardanousd
Cardano (ADA) AnalysisAccording to this pattern, the probability of growth of this currency ( ADA ) is very high. Although the movements and dominance of Bitcoin must be monitored, I personally bought this currency.
CARDANO DOUBLE BOTTOM BREAKOUT LONG AT 1.40!Hi guys, this is OG back with another market update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below.
Cardano (ADAUSDT) is forming a potential double bottom with the neckline at 1.40. If price breaks above 1.40 with strong volume, I will be looking to take a long position. Need to wait for the confirmation before entering.
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ADA Sell the breakdown.Cardano - Intraday - We look to Sell a break of 1.294 (stop at 1.341)
Trend line support is located at 1.340.
A break of bespoke support at 1.300, and the move lower is already underway.
Short term bias is mildly bearish.
Daily signals are mildly bearish.
Our profit targets will be 1.173 and 1.131
Resistance: 1.350 / 1.400 / 1.460
Support: 1.300 / 1.250 / 1.200
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 1.414 (stop at 1.351)
Daily signals are mildly bullish.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
Broken out of the triangle formation to the upside.
We look for gains to be extended today.
Our profit targets will be 1.585 and 1.635
Resistance: 1.400 / 1.460 / 1.600
Support: 1.350 / 1.300 / 1.250
Cardano - is approaching an important level !!!🚀🚀After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible:
1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target.
2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below.
Write in the comments all your questions and instrument analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Check the status of Cardano
After 7,000% price growth in an uptrend
I think the progress phase has passed
And now we are in the distribution phase and it is quite clear that it has been sidelined for some time
Cardano, who was usually calm before the storms and the period of resentment was usually long, should be aware that a storm is coming and I think that storm will be the phase of falling.
If a relatively strong Kendall closes under current support, it can be concluded that the fall phase has begun.
Cardano broke that wedge pattern!!!After a recent drop of more than 30%, Ada formed a wedge pattern. On the chart we can see that every local high was with decreasing volume, now we have broken through the wedge pattern and can come to the zone marked on the chart below!!!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA, Cardano - growth without volume!!! Wait for the pullback😮On the ADAUSDT we see the formation of a wedge pattern, also the price creates each new high without increasing volume, which means that the price can fall and collect stop losses under this key level of $1.108, after which I would look for an entry long opportunity.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
CARDANO/ADA ViewOn the weekly ADA can be seen to be briefly touching the 2.618 fib, a level it has overcome but has dipped back down to retest
On the Monthly a Bullflag can be distinguished from the low volatility in the past weeks, which is also a good sign for the bulls
Personal bias is neutral on ADA, but this does look very bullish
Above is a chart showing the tight trading range that has been established in the past weeks
ADA will increase about 6%Cardano will experience a reversion movement in following H4
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CARDANO Trendline Breakout Long Trade to $1.50Cardano has been trading under an extended resistance trendline that has kept prices down. It has just formed a bullish RSI divergence on the 1H timeframe, suggesting that bearish momentum could be taking a pause. If price is able to break above the resistance trendline at 1.42, we can see a rally to the critical $1.50 level. The 1.50 is an important level for Cardano as it has served as support and resistance multiple times.
Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below.
Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins.
Why follow?
1. Community of Technical Analysts sharing analysis and trades
2. Live tracking of whale wallet movements
3. Live update of the latest important news
4. Live syncing of popular crypto tweets
5. Ebook covering how to be profitable in the cryptocurrency market
As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
ADA Tight Trading Range, Breakout ??On the USD pair ADA can be seen to be moving in a very tight range, I notice this a lot prior to massive breakouts upwards, which is very possible in this case
Just touching the 100MA
On the BTC pair another retest of the 50MA is in progress, each time this has occurred a bullish rejection was the result, likely another rejection upwards
I do not hold ADA but this looks great
CARDANO:DOWNTREND|NEW OPPORTUNITY TO GO SHORT|SETUP 🔔New Opportunity after our previous Take profit Idea....
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ADA Buy the dip.ADAUSDT - Intraday - We look to Buy at 1.413 (stop at 1.307)
Pivot support is at 1.400.
Dips continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
Broken out of the wedge to the downside.
Our profit targets will be 1.728 and 1.798
Resistance: 1.600 / 1.650 / 1.700
Support: 1.500 / 1.450 / 1.400
Let's wait for the fall
We need to look at the market in both direction of decline and ascent, not just looking for a reason to climb
There is a support range at 30 cents which can be a good credit. I think the 30 cents range will be seen again but not so soon but I think the probability of touching it is high.
but why ??
There is a clear negative divergence that indicates a fall in prices.
There is no certainty but the probability is high.
ADA/USD 6hrHi. Hope everyone is having a great day : )
ADA continues to make higher lows inside an ascending triangle. ADA appears to have just started a bounce off the bottom trend line which is an area of heavy support as seen by the thick green kumo cloud. However, the buy to sell ratio at this price level is $32.8M:$32.1M which looks like price will move sideways, maybe even a small dip. If you go back to April 22nd on the ADA chart youll see a fairly large dip before price took off. Dont be surprised if similar happens.
If I had to guess where the breakout is to take place, either up or down, I would assume somewhere in the square. In ascending triangles, breakouts occur 64% of the way to the apex. The conversion line (thin blue line) is starting to shoot upwards which is a great sign if it can get above the red base line then price movement follows suit. Even looking 26 periods ahead you can see the kumo twist initiating that indicates potential future price increase.
As far as MACD and the SRSI, its fairly boring and moving sideways / slight downwards for now.
Overall I am still bullish on cryptocurrency. I dont believe we're in the start of a bear market but we will see what happens with this pattern.
Of course this is not trading advice. Mostly so, I hope I am able to provide you with hopium. Cheers!
ADAUSD 4h Trading SIDEWAYS Range LONG On a 4H chart it seems like there is a double bottom in the forming on the lower band of the channel, that holds the price for the past 3 weeks. On a larger scale we can see an attempt of inverted H&S that failed at the now upper channel resistance level.
Full double bottom formation would most likely mean retest of a channel resistance - with RSI and MACD levels low, there could be a breakout if the overall crypto market starts gaining strength.
For now ADAs price stills correlates to BTC movement. Past few days it seems like a market could be forming a local bottom, opening a potential for a slow climb towards previous highs.
PERSONAL TRADE:
Enter trade at: 1.45
TP: half at 1.75, half keep for chance of a breakout
SL: 1.30
Risk reward ratio: 2:1 + (depends on second half Profit taking)
Would re-enter the trade if price comes to retest pre resistance in case of a successful breakout.
Check my MACD Histogram Script. You can get it for free if you click on my profile and check scripts section ;).
ADA, Cardano - 2️⃣ scenarios for long positionPrice formed a clear resistance line. I see 2 scenarios for buying.
1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest)
2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32
This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA Buy the dipper dip.ADAUSDT - Intraday - We look to Buy at 1.441 (stop at 1.342)
Daily signals are mildly bullish.
Dips continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
The primary trend remains bullish.
Our profit targets will be 1.728 and 1.778
Expiry 48h
Resistance: 1.600 / 1.650 / 1.700
Support: 1.500 / 1.450 / 1.400
ADA Buy the dip.ADAUSDT - Intraday - We look to Buy at 1.531 (stop at 1.439)
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 1.500.
We look for a temporary move lower.
Our profit targets will be 1.821 and 1.871
Resistance: 1.750 / 1.830 / 1.890
Support: 1.650 / 1.600 / 1.500
ADAUSD - LONG TO $2.30 (40% ROI FROM ENTRY)We have an ascending triangle with three credible support trendline on the chart.
Price retested the trendine and resulted into a bullish pin bar which indicates a long position incoming.
Therefore, I expect price to break the neckline upward and to continue in that direction.
What do you think?
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