ADA - Daily Chart ✅Since the prices are moving in a wide channel, I've decided to set the chart as 4H to get better results.
The market is showing Sell Volumes for ADA coin now. Not strong, but still.
Two support areas are holding the price up, and two resistance pushing down on it.
The lower and the higher Bollinger Band are also supporting and resisting here, so watch out for them.
Price can go a little lower till touching the support; that's when we can get more confirmations to open positions.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $1.9813
Let me know your ideas.
Good luck.
ADABTC
ADA will break out soon!Here's a quick Look at ADA 12 hr chart. As we can see, the price has been forming a bigger descendingl triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above 2.245$ with good amount of volume .
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The idea is: Buy the breakout from 2.245$ and take profits at the levels shown in the chart.
Targets:
1. 2.45$
2. 2.69$
3. 2.97$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ADA - Daily Chart ✅Now unlike other coins, ADA looks interesting.
What we see here is a 1. breakout - 2. rejection by static resistance and also the Higher Bollinger Band - 3. correction - 4. support from the Middle Bollinger Band.
Now we're experiencing consolidation and sideways move on the MA.
ADA is showing Sell Signals on the market right now, so watch out. Don't open positions without more confirmation.
Two support areas can hold the price up, and if we pump any time soon, we will have to fight those resistance areas on the way up, and both are very strong.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $2.050
Let me know your ideas.
Good luck.
Long ADA ⬆️Buy @ 1.98
✅TP1 @ 2.11
✅TP2 @ 2.35
✅TP3 @ 2.63
✅TP4 @ 3.55
⭕️SL @ 1.80 ( D Close)
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ADA/USD - Cardano is fueling the rocket? Liftoff soon? 🚀ADA looks to test the limits of this formation and may breakout soon. This last pump shows buyers are strong at support.
Another pump and we fly to the key resistance at $2.3.
Bias is bullish on this chart, look at the indicators. MACD on daily flipping to positive.
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Cardano (ADA) - November 3Hello?
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(ADAUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.476 point: expected to continue uptrend
Above 1.316 point: expected to create a new wave
It is necessary to check whether the movement can come out this time as well as the previous movement.
It may drop below the 1.891 point and below the 1.547 point, so careful trading is required.
(1D chart)
First resistance section: 2.486-2.647
Second resistance zone: near point 2.968
First support section: near point 2.005
Second support section: 1.363-1.524
We need to see if we can hold the price in the 1.891-2.115 zone and move up along the uptrend line.
To do this, the red width of the OBV in the volume indicator should be converted to the green width.
In the CCI-RC indicator, since the CCI line is located in the range of -100 to +100, it can be seen that the ADA price is located in the sideways section.
To transition into an uptrend in ADA price, we need to see if the CCI line can move above the EMA line and above the +100 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
ADAUSDT - BULLISH SIGNAL UPDATE!!As you all know, Cardano (ADA) is not performing well from last 6 weeks and according to the Chart patterns, Decending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Happy Trading :)
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
ADAUSDT Technical Analysis⏳ Spot
💎 ADAUSDT has formed a Symmetrical triangle inside of a Falling Wedge. The last several green candles suggest that it can break above the triangle and go higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.896 - 1.941
☕️ TP1 2.056
🍺 TP2 2.160
🍻 TP3 2.320
🍾 TP4 2.500
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.750
Good Luck 🎲
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ADA - Daily Chart ✅ADA must stop pushing that hard and suddenly against the higher Bollinger Band. That type of rejection always causes noise and pushes the price back down, which is not good to have a breakout. We need more consolidations. Right now, it's been stuck inside a sideways channel going back and forth.
There are two resistance areas on the way up rejecting the price and two support levels holding the price up in case of possible crashes or corrections.
As usual, ADA is showing Sell Volumes in the market. Don't open long positions for now.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $1.974
Let me know your ideas.
Good luck.
ADA - Daily Chart ✅ADA got rejected by resistance. It pumped so sharp that it crossed the higher Bollinger Band. That's why it happened.
Now we might go down to get support from Bollinger again, but if it couldn't hold us, two support areas are holding the price up, so don't worry.
If we manage to break this resistance on the subsequent retest, there is another resistance zone on the way up, which will indeed challenge us.
Don't open long positions; for now, the market is showing Sell Volumes.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $1.973
Let me know your ideas.
Good luck.
ADA - Daily Chart ✅ADA is also down. However, it got help from local support and pumped back up, but there are still two resistance areas on the way up we need to retest.
I can see Sell Volumes on the market and think there's a slight chance of dropping back down to support areas.
Watch out, guys; this weekend looks red! Don't open long positions for now without confirmations.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $1.947
Let me know your ideas.
Good luck.
ADA/USD - Back into the descending channel, WHAT? 😭This week, Cardano fell below $2.1 and found support on the $1.9 level. This places ADA back into the descending channel and within the larger price range of $1.9 and $2.4.
This drop also made ADA’s indicators bearish on the daily timeframe. Therefore, bulls need to wake up if there is hope to bring the uptrend again. Overall, ADA performed poorly this week with a 6.6% drop.
The bulls did show appetite to buy ADA at the new support, which so far has held well. If this is sustained in the new week, perhaps the bulls can push the price above the descending channel again and attempt a new try to break the resistance at $2.4. That seems a bit far away, but a week in crypto is a lot of time for the price to move.
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ADA - Daily Chart ✅ADA isn't showing healthy volumes for now.
As you can see, it's been retesting a local resistance and can't manage to pass it. This consolidation is causing possible shakes. There are two support zones in case we experience a drop. One is local, and the other one is sold and strong. The lower one is strong enough to hold the price up in case of sudden crashes.
On the other hand, we have two resistance areas, one of which is being fought right now, and the other one is solid, and more Buy Volume is required to pass it for now, But there are none!
Use this chart as your trade setup for now; I'll keep it updated.
Let me know your ideas.
Good luck.
ADA - Daily Chart ✅ADA's value dropped to just like most of the other coins. But now it's been consolidating for a while in this price range.
This consolidation helps us to find the possible support and resistance key levels.
As you can see on the chart, there are two support areas on the way down.
The first one is solid support which will hold the price up. The second one is the local support which is still helpful if the price goes down with consolidations.
Also, as per our resistance areas, we have three on the way up.
The first two are the local ones, and they're close to each other. But the third one is the primary resistance which we need to pass to form a bullish breakout.
Now that we have more resistance areas and we have crossed our Bollinger indicator's upper band, it's safe to say that we might experience a few corrections.
The market is showing Sell Volumes for Cardano, so beware, and watch out. No long positions without further confirmations.
Let me know your ideas.
Good luck.
ADA - this target is insane!Hello, everyone!
Cardano shows the very nice buying opportunity. If we assume that the market is going to demonstrate the final impulse to the upside, ADA can explode in the next altseason.
The price formed the Rising Broadening Wedge and it is now next to the wedge's lower band. Moreover if we take a look at the Fibonacci Retracement for the last impulse, we can see that the price bounced exactly 0.618 Fib level, this is the very bullish sign.
The Bullish Divergence with the Profitunity MACD on the daily chart is also the very strong bullish sign.
I suppose we can see the accumulation continuation for ADA, but we will not see much lower prices in my opinion. When the atlseason start, ADA can reach the target zone, based on Fibonacci Extension , with the range $3.28 - $4.69 . As you can see, the upper band is insane!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
ADAUSDT Does it ready to fly?What is your technical analysis for ADA Now? Let's try to anticipate the risk-reward ratio we are consolidating for more than a month. It is near the breakout zone it could go in either way if it is going to break this is my target and risk as you can see in my chart. Happy trading.
ADA - broke this triangle, what to do now ❓😱😱The price on the ADA chart broke through a symmetrical triangle and corrected by 14%. According to the rules, the target is the height of the triangle. This is 22%, the level of $1.66. It is unknown if this pattern will work out completely, but the best scenario for buying is the re-low of $1.68 and the breakdown of the trend line.
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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.