ADA-USDT
🔥 ADA All Time High Break-OutADA has seen some incredible growth in the past year, seeing more than 5,000% gains!
At the moment, ADA is on the verge of breaking through the ATH resistance of 1.20, which could on turn trigger a new bullish move upward. This trade is based on that idea.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, 1.30 and 1.50. Do your own due diligence.
Happy trading!
I'm still holding my bags. The question is are you?I hope people will see now that crypto isn't as volatile as some try to propagate. I held my position at 2x leverage and I don't plan to stop.
Dinosaurs like Yanet Yellen are completely outdated, and they will either have to jump on the bandwagon with us, or they will take massive losses.
Every bank recently is losing money. Every hedge fund outperformed banks and every crypto outperformed hedge funds. We have fork on the road, and we have the future of financial system and banking here. There won't be only one, there will be multiple, but this is the best one so far.
I hope you will jump on the bandwagon as soon as possible. Cheers :)
ADA/USDT Update: The silence before the storm?ADA shows a great V-like recovery back to 0.95$.
And we are in a consolidation phase and expecting a break soon.
But to which side?
Since some major news are coming I guess it's upward and we finally break 1$.
However, it is still possible to test the 0.7$ area again first.
Enjoy the ride and don't be too greedy.
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Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
ADA bullish Hi friends,
Here is my view on the ADA USDT Chart.
We have been forming a wedge formation, if we break to the downside I expect support to hold at S1, if this is lost to S2, don't think it will drop further than this. I actually think ADA is more likely to go to the upside, in which case I expect ADA to break out of the wedge, make a small retest and then continue upwards past the $1 mark, turning it into new support.
Keep trading and always manage risk.
All the best
Just setting some possible pathwaysEven though we all like to guess the top of the movement I learned thaat the best way is to wait for a double top or some other signal that indicates a pull back.
But on my view we are reaching 0,68-0,96 are before a retracement, based on my past bull runs from ADA.
What do you guys think?
🔥 ADA/USDT Update: Channel Resistance HoldingIn my previous ADA post I predicted a short term rise in the value of ADA. Both old targets are hit. Although bullish movement seemed very strong at the start, after a 20% gain the move seems to be exhausted, sending the price back down to the support of the channel.
The first old target to be hit was the current S1 target, our main support for this move. The second support target, S2, is a more speculative one. It's placed at the bottom support of the channel. Do your own due diligence.
Happy trading!
🔥 ADA/USDT Bullish Triangle: New All Time High On The HorizonCardano is on the verge of completing a bullish triangle pattern, which it has formed steadily since the start of 2021.
With the rejection of the lower trend support line early this morning, little stands in the way of ADA to reach the upper resistance of the triangle. Beware that the price can reverse sharply after reaching the upper resistance.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
ADA/USDT Falling In A PennantADA/USDT is losing steam on Bitcoin insecurity, moving downward towards the lower trend line of the pennant.
To trade this setup, please wait for a break of the lower trend line of the pennant, we dont want to be caught in a fake-out.
On the chart I've marked two major areas of support, S1 and S2. Do your own due diligence.
Happy trading!
ADA is likely going extremely bullish if BTC retests 38k.On my view BTC will come back to 38k before a possible dump, orders around 35k on BTC are huge right now.
In the meanwhile ADA will move to the big boys channel ( BULL channel in green) if BTC retest 38k. Lets just hope it doesn`t fall into the old channel again.
Next target 0,44
after that pull back to 0,39, and bulls to 0,6
after that pull back to 0,44 and bull to 0,9-1,18
if we stop in 0,9 we are pulling back to 0,6 to come back to 1,18
ADA is seeking 2017 ATH soon, is too stable and everyone is adding to their portfolio with Staking involved (10% yearly of ADA is not bad at all).
My recommendation to ADA investors.
HOLD 50% in Staking
50% in trading (ADA is very predictable and stable to swing trade)
Have a good one, leave ideas and thoughts, and good ADA bull run for everyone.
ADA/USDT Reversing From All-Time-HighLast night, ADA/USDT managed to reach the ATH around $0.39, impressive!
With Bitcoin edging lower, I'm expecting most USDT pairs to follow suit. Since ADA is one of the pairs which hasn't really corrected downwards in the last two days, this is a good moment to initiate a short position.
I've marked two potential areas of support on the chart, S1 and S2, based at recent lows. I'm expecting some consolidation around those areas. Happy trading!
ADA is ready to pump, but if BTC dumps close your eyesADA is set perfectly for a pump in the next days, symmetric triangle gives 60% probability to the bull as always, possibly going to 0,5.
Which would move ADA to the bull channel, and that would be just great, ADA has a lot of space to grow, but its such a good boy staying in the same channel.
Also, I believe that Bitcoin dominance is about to drop significantly
If we manage to stay above 0,29 ADA could surprise everyoneWe are depending on BTC´s dominance now, how will it play out in the next days will define ADA´s future.
I still highly doubt that ADA could go lower than 0,20 if a major dump happens, those who bought it in the past at 0,17 should just wait and relax.
I hope that many of you bought it during this dump to 0,24. For me it was a great buying opportunity to use some profits I took at 0,34 and rebuy it again.
Filling my bags with ADAADA did not break the regular channel it created since the big dump, but it definitely has space for it.
What I love about ADA is that is always following the trend, constantly going up and down inside the channel like a good boy.
Best case Scenario: We break the channel upward and try to reach the the ATH
Worst case Scenario: ADA fall all the way down to the bottom of the channel and we well see it reaching the ATH around September. In the meanwhile we can always make more with Staking.
BTC trend line at its max, will BTC break it?With BTC dominating the market and all Alts waiting on a correction it will be hard to break that trend channel in the short term.
Since when BTC broke the triangle from 20k, it create a very stable Trend channel, and looks like it will respect it for now.
Mayer multiples are over 2
RSI (not very accountable) is also very high.
We are definitely over the on the Stock to flow model.
ADA/USDT - Downtrend channel - continuation of the upward trend.
Hello dear friends - today I want to recommend to review this ADA / USDT coin.
Formation of the flag (descending channel) with the continuation of the trend.
As they say, a big player defused the situation in order to drive the price up again, throwing out non-believers ... we are waiting for a good profit on this coin.