ADABTC
$ADA, Looking for a level to show bounce signals $ADA
Unable to hodl/flip ~2500 sats & moving into lower levels (still bullish on the HTFs -- HH-HL sequence intact)
Looking for a level to show bounce signals into a potential reversal (looks great for an entry once that happens)
UCTS 1D Buy still there (~150% up since)
#ADA
ADA: Breaks Descending Triangle on 4HCardano breaks a Descending Triangle -which perfectly touched the bottom 3 times on the 4H- to the downside.
In the case for a short you should already be in a trade since the break of the higher lows at 1.18. If the bulls don't bounce from the 1.10 support, we can go towards 1 psychological and even 90 cents again, which would yield 10% and 20% on the short side unleveraged.
Correlation to Bitcoin is crucial: If Bitcoin keeps falling, Cardano could fall up to 8% more and has the room to do so on the Daily & still bounce from previous support. On the other hand, if Bitcoin bounces from here, Cardano will likely follow.
ADA ready for another goAfter a 25% drop, in line with the current market, we could see a further continuation to the upside. I'm expecting a touch of the first support zone. If we then put a stop loss below the second support zone a rally towards the most recent high will give us a nice 3.5 R:R
A strong move could take us to the next resistance at 3840 sats (dating from 04/2018)
Are you bullish or bearish on Cardano?
ADAUSDT (CARDANO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ADAUSDT was bounded in the descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance and retested.
- Price action is printing the inverse head and shoulders pattern.
- This is a bullish reversal pattern.
- There's an uptrend potential.
BUY ENTRY ⬆️
- Breakout above the inverse head and shoulders neckline resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support horizontal support level (S1).
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow?
If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely.
But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall.
The nearest support area is $0.37-0.38
Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
Cardano Boppers 33Hello Holders. NOT ADVISE, just personal expectation. We're in the business of interpretation, not speculation. On that, I think that the shape of our new "high", looks very healthy compared to our breakout consolidation in Jan 21. In all timeframes, support is being building on 2018 ATH. If you have other opinions, please share in the comments, but I see $2 fast. I've cloned this initial breakout to show how we could get there if we handle my 0.5FIB area today.
ADA looks CLEARED FOR TAKE OFF! ADA BTCI have highlighted the double bottom formation as well as the VERY BULLISH GREEN DOT ON EVERY TIME FRAME UP TO 3H (should appear on the 4h and greater soon!)
The RSI is in the 30 range and the trigger waves are signaling a reverse trend about to go down! GET READY!!!
Can Ada outperform Eth next bullrun ?ADA / ETH
ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others
Here with ADA / ETH pair weekly chart :
we can see strong resistance since 2018 just broken few days ago
This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave
Important : weekly candles must close above this resistance and dont close below again
Remember ...You should have a plan before trading and expect everything
Dont trade what you cant afford to lose
Best wishes
ADAUSD approaching a crossroadADA looks to be approaching a crossroad that would likely lead to a break out upwards. This could mirror Bitcoin's current upwards trajectory, but at an accelerated pace.
--------------
This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
ADAUSDT total saleIn this idea, I want to share my thoughts and convey the essence of deceiving users. When you buy at the top, you become a hostage of the system. When all altcoins fell, the manipulator pumped the price. Now we have the opposite tendency. The price will be driven down, bought for next to nothing. This asset is currently not interesting for long sentiment. I'm expecting a change from pump to dump. Other altos are more profitable than this one.
Yes, we have zones 0.8-0.98. They will stop the fall for a while.
Plain and simple ADA analysis TODAYPlain and simple ADA analysis TODAY BINANCE:ADAUSDT
ADA is in full hype mode, so i posted a little video yesterday at the peek , to warn everybody as it was spiking.
Turned out, i was right.
So, the bearish signs were too obvious... Bearsih divergence, volume and so on...
However, the parabolic move is still intact.
BUT
Many other cryptos broke it during their rise into this 2021 bullish cycle.
I would be really surprise if ADA was able to stay inside his parabolic move.
Chance are high that we might revisit 1$, so patience for now, stay away from it.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
See you all tomorrow, and don't forget to smash that like button !
ADA new Mainnet March 1st could price hit $2.3?ADA new Mainnet Upgrade March 1st could price hit $1.3, around Fibonacci Extension Level 1.618? Please share your thoughts!
* This is NOT financial advice, I will NEVER share a financial advise, I am just using my own analysis and bringing this up to consult with the community and share thoughts together!
Cardano Boppers 32If you've seen my last ADA drawing, we cleared that 0.236 level immediately, meaning the new ATH should be higher after the Goguen-Mary update is successful. Exchanges have notified me that deposits/withdrawals will be halted during the update process, I presume that includes trading. HERES THE EMAIL, this is from Crypto.com. Happy holding.
Dear Valued Customer,
Crypto.com is supporting the Cardano Upgrade (Mary Hard Fork), which will take place on 1 March 2021. To ensure the safety of users’ funds during and after the upgrade, we will suspend ADA deposits and withdrawals in the Crypto.com App and Exchange from 1 March 2021, 15:59:00 UTC. We will closely monitor the situation and resume deposits and withdrawals once the ADA network proves to be stable. Kindly refer to status.crypto.com for updates.