Possible Short ADA 1h📖ADA Analysis:
As you can see, it kept its bullish channel perfectly. At this moment, it is in the definition phase (if it goes up or down), we believe that a pullback to the 1.87 area is more likely to test the 0.618 fib, then to hit the target high at 2.45-2.47 with greater momentum. Also, as we have told you above, BTC (4H) breaking down the rising wedge .
Stay tuned🐺
Wolfy Signals
Adashort
ADA Sell a break of $2.Cardano - Intraday - We look to Sell a break of 1.998 (stop at 2.057)
Trades with a bearish descending triangle formation.
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Posted a Double Top formation.
Pivot resistance is at 2.250.
A break of bespoke support at 2.000, and the move lower is already underway.
Our profit targets will be 1.825 and 1.785
Resistance: 2.150 / 2.200 / 2.250
Support: 2.050 / 2.000 / 1.950
ADAUSDT(1H CHART) Support BreakoutADAUSDT(1H CHART) Technical Analysis Update
ADAUSDT(1H CHART) currently trading at $1.3375
Buy-level: Below $1.3375
Stop loss: Above $1.403
Target 1: $1.282
Target 2: $1.213
Target 3: $1.142
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ADA/USDT Analysis. Cardano under 1 USD ? Cardano is in a strong down trend. In the multi time frame analysis, we see a line down trend on H4 trend, and also on H1.
What matters is what Price action will show on the lower time frames.
At this time, we prefer a drop to 1.05 and below $ 1. An alternative scenario is a turn up and a rise to 1.16 and further above 1.26.
Do not trade without proper rules based strategy. Never!
TSUNAMIHello Trender
Today I offer you a possibility to ride the wave of this powerful Tsunami.
Most of traders will say they are good buying, but what you do when price goes down for a long while!
Simple you learn to short same way you learned to long.
1 to 1, or leverage (not advised), then scalping, momentum, daytrading or long term (my prefered).
What I think is, Cardano Overbought like this can´t make everyone millionaire.
So now is a long way down to around 8 cents. The trend may not be exactely like in the chart but the idea is the big short.
I know this is a strong assumption but hey time is the best true teller.
Shorting is very risky for unexperienced traders, if you really have to then start with small amounts.
Good luck.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
Cardano Heading Lower?ADA looks to be losing the $1.20 support line after flirting with it multiple times the past week. We broke below temporarily, touched $1.16 and then pushed back to $1.21 but failed to break local resistance or the EMA clouds on 1h chart. This is signaling to me that we might head back to $1.12 support lvl. There are many crypto setups that I'm bearish on in the short term right now and ADA has a nice setup that could payout down to $1.12 support.
Plan: Short ADA under $1.20 support risking off of the $1.22 POC on the 1h chart and the 50 EMA cloud on 1h chart which is sitting at $1.2349. This sets up a 2.5% risk with a SL at $1.24 and a 7% gain on $1.12 profit taking.
- ADA may rally back to $1.228-$1.233 lvl (EMA's and POC on 1h) but if it fails to get over those lvls then I will add to short position. $1.16 is a support lvl on the Daily chart with the 20 EMA cloud located at that lvl, may bounce there again.
*ADA is one of my largest swing/stake positions, I am only playing charts here.
ADA Geniuses Are Out Here Ready 🤓Yes, ADA has been a main squeeze of mine over the years. Waiting for a day that seemed would come COINBASE! "But you have been short!" they shout. Sure, I have but I am bullish as well. We have seen awesome moves up with next sell feeling better than the last. Sometime ago thanksgiving day actually I scrambled to get my Binance account made back in 2017. LOL The MOONBOY was so hyped about the #ETH Killer #ADA #Cardano 😈. I knew a Coinbase listing would help tremendously for price little did I realize just how long I'd have to wait lol. Sure Enough though here we are! Again why ADA? Like every other coin a never ending quest for gains in a cycle no one wants to admit could be getting ready for a rest lol 💤
As an argument to what I am saying "Ya, something MEGA bullish can happen and it did. Is it here on time or too late??? Now to this Mega Ultra Bullish event unfolding before our eyes "please note what's being said"... This long time coming Coinbsae listing long over due will be a quick and fast move that can pop/pump and then just fizzle yet again, again and again. The key point here to bare in mind is "the slosh of cash" money from some other crypto for another moon shot but at the same time I think that button may perhaps be wearing out. You have a Coinbase rally and now what? Allow for many that have held over the years to have an easy exit for the next generation I suppose.
⭐I am not sure how much these events cannibalizing the main driver of this market is really a good thing when we are dealing with the leverage in the space. One of many catalyst to the deleveraging event yet to come in crypto.
"I personally feel that buyers are going to increase their exhaustion buying dumps. Things can happen too fast for the little guppies to nibble up all the Whale crumbs.. As things sink down toward the inevitable abyss."
"Noobs please try to understand some people have had bags bigger and longer than you."
🤷♂️ #Fixed
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
"KEEP CALM AND MANAGE THY RISK!"