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🚨 Cardano 3day Doji. (ADA)💰Cardano had a beautiful run up as you can see the smooth buy transition from the Crossover strategy and the ema dots indicators. But now we are seeing a reversal doji.
This doji notice is turning right above a previous high and now will test that high to see if it is valid support to push the market higher. 0.070 cents must hold!
Let the Crossover strategy and the ema dots close below to look for a selloff.
Best of luck to you, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
Cardano (ADA): Analysis using Ichimoku 13/06/2020H4
The price is trading below the Ichimoku cloud, indicating a possible end to the upward movement of correlation. RSI has reached oversold levels. Also, between the price and the RSI, convergence was formed. Fibonacci level of 61.8% was tested.
Conclusion:
We recommend buying at the current price, as many indicators indicate completion of correction on H4.
H1
The price is trading in the Ichimoku cloud and above the Fibonacci level of 23.6%. RSI is in an undefined state.
Conclusion:
We recommend buying when the RSI reaches the oversold level, as well as from the Fibonacci level of 38.2%.
Good luck!
ADAUSD: Analysis using Ichimoku 10/06/2020H4
A steady uptrend is visually clearly visible.
The price is in the Ichimoku cloud, indicating a local correction.
RSI is near the oversold level.
Conclusion:
We recommend buying when the RSI reaches the oversold level, as well as at the Fibonacci level of 61.8%
H1
The price is below the Ichimoku cloud, forming new lows for local correction of the H4 timeframe.
The RSI is near the oversold level, indicating a near end to the downward movement.
Conclusion:
We have identified local correction for H4 and recommend buying when the RSI oversold level is reached, as well as from key Fibonacci levels of 38.2% and 23.6%.
Good luck!
Zamora Cardano HODLBought at 0.00001134 BTC for a Total of 46874 ADA ( 0.53155116 BTC ). Long term hold when I first started trading Cardano for .000053 BTC to exit or wait till next Bitcoin bull run and make the best judgement to exit at ATH which I believe is $300,000 to challenge Gold's marketcap.
Zamora's Cardano HODL PT.3Bought at 0.00001134 BTC for a Total of 46874 ADA ( 0.53155116 BTC ). Long term hold when I first started trading Cardano for .000053 BTC to exit or wait till next Bitcoin bull run and make the best judgement to exit at ATH which I believe is $300,000 to challenge Gold's marketcap.
Cardano: Analysis using Ichimoku 05/06/2020Hey to all!
H4
Cardano price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying from the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
Conclusion:
It is worth considering purchases in the Ichimoku cloud from key support levels of Fibonacci (50% - 61.8%).
H1
The price broke through the rising channel and began to decline.
RSI at oversold level.
Conclusion:
We advise you to wait until the price is fixed below the Ichimoku cloud and returns at the overbought level of RSI.
Good luck!
ADA/BTC indefinition momentHello Traders,
ADA/BTC seens to made a Bull Trap on important Resistance level, and the price is already bellow the Resistance, now we have two options for trading this asset, one of them is SHORT position if the price breaks this minimum acumulation to test this important support level, or breaks this resistance and acumulate above this level so we enter at the breakout of the 700 sats region, the long postion can take a time to happen, so we must be pacience, but trading safe is our mission.
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Best regard Sandro and Gustavo.
ADA USDT LONGFollowing btc. Ascending triangle formed. Possibly breaking out in the next 4 hours.
Green volume in uptrend, decreasing volume inside the triangle, by textbook.
Buys would be placed at the breakout (with volume and momentum ) of 0.046 $
Always set your stop losses.
Not a financial advice, do your own research, and don't trade with leverage.
ADA/BTC TA Update (Will bounce at Golden Fib?)ADA/BTC
ADA sank 11% from 513 sats last Dec 16 and price is already trading just above the golden Fib 0.618.
RSI also hit oversold levels which could sparks a potential relief rally to the upside since the drop is sharp.
Otherwise, a daily close below 450 sats will increase bearish momentum to the downside again.
ADA/BTC TA Update (Bearish Pattern?)ADA/BTC
ADA is still in an uptrend movement as long as we can keep this Higher Low series and holding previous support.
Though the technical pattern is a rising channel (bearish) if price keeps respecting this upward support,
the price can continue going up. I have pointed out in the chart where the price can move both directions.
ADA S/R Flip retesting supportOn Sept 19 & Nov 18 ADA tried to test the resistance but was not successful however today the resistance has flipped and has turned into support following a test of 535 sats.
The OBV double bottomed on 26th October and ADA has been in an uptrend channel ever since.
Cardano has just released its incentivized testnet which will lead to the launch of Shelley and Goguen in Mid 2020.
In addition, several merchants have integrated Ada on its payment solutions (Adapay, COTIpay, travala)
The fundamentals look great showing that the project is highly undervalued. Expecting the price to appreciate significantly in 2020.
More transactions have been taking place since Oct 13
adascan.net
The unique addresses have had higher lows since Oct 19
adascan.net
*Note: This is not financial advise. Please do your own research.
ADA in consolidationADA has entered consolidation stage at day timeframe. It means that we may expect it to swing between ~450-510 until it breaks into one of directions. This may be used either to accumulate ADA at the lower border of that channel and hold till uptrend starts, or scalp it on each swing.
1) Swing trade plan - buy at 440-450 and sell at 500.
2) Accumulation - buy at 440-450 and hold till breakout. Targets 570-590 (may take up to 1-2 month)
Bullish scenario - price pullback to ~465-470 and bounce from there - it may be a signal that consolidation stage comes to an end.
P.S. Prices at Bitmex are more or less the same, but they renew chart regularly, so it doesn't provide enough information for long term planning.
ADA !! IF YOUR NOT LONG, YOUR WRONG. BUY NOW, PROFIT LATER MF !!Ill keep this short and simple.
If your not long, your wrong.
ADA has triple bottomed in support.
Clear accumulation phase inside 400 sat region.
...Its time to shine ADA...
**There is a lower high downward trend showing its cards..
BUT!
We will break that wall down with ease.
Trust the process.
ADA PRIME XSR SIGNAL:
Entry: 470-475 sats
Target 1: 492 sats
Target 2: 507 sats
Target 3: 524 sats
Take all profit by T3, dont set a stop loss upon the T3 arrival, take the W home to bed with you.
Snuggle..cuddle... wait for the retrace.
Ill update chart upon profit destination :D
BUY NOW, PROFIT LATER !
Remember...
"WE DON'T HIT STOP LOSSES, WE HIT TARGETS!!"
- LL XSR <3
Cardano looking strong on the volumesThe price fell off the diagonal support shortly on oct 22nd but is now back up. The OBV has been increasing with higher lows showing an increase in buying activity. This can be largely due to the positive news coming out of Cardano as well as the incentivized testnet snapshot which will happen in November.
The Stochastic RSI looks like it is going to be overbought which can cause the price to fall to 492 sats to test the diagonal support again.
The daily MACD is still positive. It looks like the 21 EMA will cross the 100 EMA in mid November which can trigger a positive rally.
Cardano is one of the projects with very good fundamentals and has been gaining lot of traction lately.
Note. This is not financial advise. Please do your own research.