Long

Updated

Time to open LONG ADABTC

I proposed open short position on ADA in my previous analiz.
You can check it here:

Cardano will find support ft 0.00001950BTC

So now, ADA find support and ready to start. Next move will be i and ii wave which are should be left part of head and left shoulder.
It just my filling. I'm risky boy xD
So, if you would like protect your balance buy in after sustain about 2460 satoshi!
Have a nice day and good profit!

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BTW if you buy in maintain SL near 1914 satoshi lvl

and feel free to comment, it really important to me!

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Here 1H chart, more and more bullish sings:

Somebody tries contained ADA (on Bittrex 23BTC wall), dont worry about it. If market ready to grow it will.

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ADA moving according our view. You can keep SL higher 2036 satoshi

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We slowly moving down. And this is good new for us.
I expect pivoting around 2054-2075 satoshi LVL
Here 1H chart:

And one more interesting thing I found moorning:

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We have heavy resistance 20EMA on 1D chart:

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Good moorning, I congratulations you. Reversal H&S was done!

Pattent target 2553 satoshi

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And now we should put question, which is next step:
More biggest reversal H&S (with big right shoulder, I doupt):
4H chart

or acending triangula
4H chart

In our case goo

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Target not reached. Now we have acending triangle. Tight you SL near uptrend line.

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Good volume and break out. Need more conformation if your would like to add your position.
4H chart

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Best and safety way is open position about 50MA and break out on 1D chart may be escorted by high volume, for example.
1D chart:

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No, no, no. Not good time for reload, for enter just in case price sustain about pattent+high volume:

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Last overhead resistance before bullun 50MA
1D chart:

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Congradulation! We broke out sinificant resistance. Now you can load, reload, add each retracement. Target 3200-3550 satoshi, even 100MA:
1D chart:

Have a nice day! Add comment if my chart useful or not. Or if you find mistake!

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Target reached today. Attention now! You will have good oportunity to buy soon:
1H chart:

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Here update and advice:

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Ascending triangle on 4H chart, I expect overhead breakout and move forward:

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Looks like Cardano will move between two strong lines: 23.6% fib. retracemant (support) and 100MA (resistance). I have bullish view. I'll change my mind if Cardano brake out support line:
1D chart:

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Ascending triangle was broken. Good volume. Minimum target 3571 satoshi:
4H chart:

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1D looks uncertain. You can maintain SL under support line or add position about resistance. Do it manually, avoid false breakouts. Trade safety
1D chart:

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We broke resistance line few day ago, what next? One more gold cross on 1D chart!
BLUE line - trend
Watch out MACD.
1D chart:

And one more CUP pattent:
1D chart:

Next target 4500 satoshi and 5200-5600.

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Here 4H chart:

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Here 1D chart:

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Prepare for some retracement.

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Looks like Cardaon ready to move forward.
4H chart (bullish divergance):

Better buy option after back to channel + MACD become bullish on 1D chart:

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I'll update ADA tomorrow when get more info. ADA is bottomed, in my opinion. NO GUARANTEES it just my feeling:)

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4H chart, some early bullish sing. It can be bulltrap:

And upcoming events:
coinmarketcal.com/?form[date_range]=12/05/2018+-+01/09/2021&form[coin][]=Cardano+(ADA)&form[sort_by]=&form[submit]=
Be careful and trade safety! If you are doubt leave it.

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Cardano subtims early bullish signal, 0.5 Fib. retracement is strong support. These sings means preparation for new bullrun.
On the other hand, bear attemp brakedown 0.5 support, if they succeed, Cardano sink to 0.618 fib. retracement.
1D chart:

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Good moorning! Cardano's price move dowm, MACD gistogramm moveup, MACD line is curving! All this bullish setup.
Nevertheless, Cardano can sick to 0.618 Fib. retracement (2692 satoshi)
1D chart:

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Cardano meet strong support as .618 fib retracement and main uptrend at coming time. Here 1D chart:

And next support lvl on weekly chart are 26EMA.
1W chart:

I'll maintain stop loss under 26EMA, below 2737 satoshi.

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Stop loss is reached.
1Mo chart:

Resistance 3703satoshi
Support 2242 satoshi (.618Fib. retracemnet)
1W chart:

Candle under .618 Fib. retracement and 26EMA BUT still not close. I'll maka choose on Monday.
Flag pattent still valid!
1D chart:

30EMA and 50MA crossed.
MACD become bearing.
.786 Fib. retreacement (2513 satoshi) - support.

Bullish scenario> Cardano will back about 26EMA + brake out flag pattent
Minimum target: 5896 satoshi

Bearish> Cardano will sink to 2242 > 1600> 860 satoshi.

Stop loss: under 2513 and 2242 satoshi

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WOW, Wow easy cowboy! What are you doing? We still in bear market
Here 4H chart:

Look at this volume:

Minimum target of falling werge pattern is 3600-4000 satoshi.
Testnet was released!

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Here 4H chart:

I take chart from Binance.
Volume of previous two days was good for werge break out.
30EMA - overhead resistance.
Advance block pattern.
Low volume.
There is the probably of price fall. Be careful.

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1st goal for Cardano is sustain about 26EMA weekly (~2734 satoshi)
1W chart:

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It critical important sustain about 26EMA on weekly chart:
1W chart:

It will be good preparation to break out 200MA on 1D chart. We have good support as 30EMA 1D
1D chart:

I dont like low volume. I hope it's just 'cause weekends

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Here some preparations in front of roadmap update (4H chart):

Trade closed: stop reached

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Patterns adn indicators are showing same.
Cardano have falling werge + MACD divergance
1D chart:

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Symmetrical traingle will be active if werge reached the target
Stop loss: 2000 satoshi

gGYSRin

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gGYSRin