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ADA-USD

ADAUSD Showing bad signals.We could be in a downward channel after breaking our green trendline that has been holding support for the past month. A bearish EMA crossover has formed on our 4 hour chart. We are hitting oversold on our RSI and MFI but only on the hourly timeframes. Going to the Daily timeframe, we still have room to go lower. I expect next support to be near 0.5 of our fib retracement; after that, we could have a chance to test support on 81 EMA on our Daily Timeframe.
BINANCE:ADAUSD
by Detective_Conan
ADAUSD testing support. Could this be our trend reversal?We may be making support @.618 of our fib retracement. But ultimately we have to see how the market reacts to 21 EMA. If 21 EMA becomes strong resistance until we eventually get a bearish crossover with our 21 EMA and 81 EMA, this would be signal for a trend reversal. As of right now we are testing lower support, and possibly lower highs. Another scenario is we range sideways between 0.786 and 0.618 fib retracement before we figure out what the next move will be. And our bullish scenario would be we make support here at 0.618 and make it above 0.786.
BINANCE:ADAUSD
by Detective_Conan
ADAUSD wedge breakout to the upside. Short term.Sorry if I'm not fast enough with updates. My days are usually hectic due to family and work. On the bright side, we have made it past our resistance area of 0.33$ - 0.36$. Given just a couple days ago we had a stark retrace to .382 of our fib retracement @0.24$. ADAUSD later formed a wedge that we have broken to the upside. Now we have to see if we can make it to 0.40$ before another retrace. I have highlighted new support area if we were to have a healthy correction. We should get a pullback to our 21 EMA at least, but it all depends on how high we can go before we do. It is also worth mentioning that as overbought as we are on the RSI and MFI on all timeframes. Sometimes crypto markets ignores RSI and MFI completely.
BINANCE:ADAUSD
by Detective_Conan
ADAUSD move to 0.33$ to test resistance short term Update.Made a bounce off 0.24$ support/resistance zone @.236 of our fib retrace. We made it above our 21 EMA and .618 fib. If we hold support here and break out of immediate resistance trendline, high chance of testing .786 resistance zone. Decent entry for a trade @0.30 if we can manage to break out of 0.33$ resistance area. Also a high chance of getting spiked out with a tight stop loss. A safer stop loss would widen our risk. So I am in no rush to re-enter just yet.
BINANCE:ADAUSD
by Detective_Conan
7
Will ADA break the trending channel?ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run. I am HOLDING it no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now.
Long
by ViniciusBaccelli
ADAUSD Analysis/ST Correction LT Bullish/Exch.Discrepancies/FibsBINANCE:ADAUSD A couple weeks ago I published a chart with ADA analysis calling for further retracement to the 61.8% Levels for March-July Swing. This video reiterates that analysis, while also documenting the price discrepancies between a few different exchanges, such as HitBTC, Bittrex, Kraken and, of course, Binance! I am still expecting ADA to test the 61.8% Fibonacci Retracement Levels, relative to the exchange it is listed on! I did not Note in the Video , however; That it makes more sense that the Bittrex Chart would appear weaker than the other exchanges! It seems logical that Investors holding their ADA on the exchange have been terribly frustrated and have become impatient with Bittrex due to the extended amount of time Bittrex and Cardano are taking to Implement Shelley Era Wallet Software! I know because I too hold a little ADA on Bittrex. But I've held on, whereas, it seems people have sold their ADA to relocate to another exchange, sacrificing the costs to be able to in theory re-buy on a different exchange in order to be able to eventually migrate the ADA to their Staking Wallet of choice. So yeah, Bittrex chart suffers from that IMHO! TheFreeCryptoPress.Com
BINANCE:ADAUSDLong
by TheFreeCryptoPress
2
ADA/USD Daily progressionMy personal thoughts/opinions only. We saw ADA barely pierce the 4.23 fib at about .135, the body of the candle resting just below on the 4 hour chart. I see two possible scenarios. ADA gives another try upward, and makes it to about .16 before retracing. I am personally taking the 2nd scenario, which is that ADA now retraces back to about .105 to find support before heading back up to the next set of fibs. I have buy orders in at .108 and .105. Not financial advice, please do your own research before risking any of your money in this unregulated market.
KRAKEN:ADAUSD
by Rainmaker21