ADAETH
Cardano ADA Bearish WedgeADA' has made a big rally past month and since Dec 2018. Volume has been very good as well. But now it has reached a long term resistance together with this possible wedge.
The volume picture of the wedge is okay but not great. Also the rally in the yellow zone was quite strong and not very typical for a wedge, but still does fit the picture. Knowing that if Bitcoin' breaks up above 4000/4200, this wedge will obviously not play out. So for this wedge to succeed Bitcoin's has to drop some again.
Anyway, i am going to watch how this last wave plays out the coming days before i do anything. Ideally we see a breakup like the blue line, but only getting a small push above that resistance, seeing a small pullback and bounce again. Like the blue line shows, which means we should see volume dry up and resistance at that high. If we see that happen and a break of the wedge, it will very likely play out. Shorting now is not yet something i am willing to do, because i am still not sure what Bitcoin' will do, since it is still at a very dangerous spot.
Previous analysis:
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00031260)
Ending of entry zone (0.00029360)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00034090
TP2= @ 0.00036800
TP3= @ 0.00039000
TP4= @ 0.00043000
TP5= @ 0.00050500
TP6= @ 0.00054200
TP7= @ 0.00071900
TP8= Free
Cardano (ADA) | 71%+ Potential Profits | FREE TRADING SIGNALPair: ADA/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
Technical Analysis
- Downtrend flipped support
- Broke HTF downtrend
- RSI confluence
- Momentum trade
- We expect our targets to be met within 1 month
Our Entry Zone
0.00001115 - 0.00001254
Our Targets
1: 0.00001420
2: 0.00001666
3: 0.00001912+
Our Stop Loss: 0.00001050
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And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Axsonex are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00031260)
Ending of entry zone (0.00029360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00034090
TP2= @ 0.00036800
TP3= @ 0.00039000
TP4= @ 0.00043000
TP5= @ 0.00050500
TP6= @ 0.00054200
TP7= @ 0.00071900
TP8= Free
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000333 to 0.000310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000333)
Ending of entry zone (0.000310)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
ADA: Cardano SELL Opportunity !!ADA Making Ascending Channel Which is Reversal pattern Very Soon We Can see Next impulse For SELL Opportunity.
SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
ADAETH - Wait signal to SellThere is likely a continuation of weakness from this pair. So, wait for signal around the resistance and Sell then.
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00032750). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034500)
Ending of entry zone (0.00032750)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00032750). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034500)
Ending of entry zone (0.00032750)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
Cardano Bullish SignalsCardano has a couple bullish signals;
Bullish divergence (Lower low in price, higher high in momentum indicator)
MACD cross
Falling wedge breakout
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034000 to 0.00032500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034000)
Ending of entry zone (0.00032500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034000 to 0.00032500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034000)
Ending of entry zone (0.00032500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
ADA ETH looking almost bullish on dailyWaiting on a possible bullish signal candle for TrendMaster system. Need for this HA candle to confirm when next candle prints.
Possible bullish Chikou
* Above price 26 periods ago
* More confidence if it crosses up and above Tenkan
Neutral signal on the bullish TK Cross
* Becomes bullish if price moves above the Kumo, signaling bullish Kumo breakout too
Bearish Kumo Future still.
Thoughts? Thanks
Possible Inverted Head and Shoulders forming on ADA ETH* Red, 200day MA
* Increasing RSI
* Waiting on confirmation on OBV to trend up as well
Thoughts on this? Thanks
