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Adashort

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!
Long
by QubitLife
6
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. Please support this publication with your like. You are welcome to follow us on the Tradingview. Best regard Sandro and Gustavo.
by MarketMinds
Bitcoin dominance can rise above 71%, Alts will drop soonBitcoin dominance bounced from 68% after touching the support multiple times, Looking at the current daily candle arrangments. It's very likely to Bitcoin dominance will slowly grow from here and face the next resistance at 71.3%. MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe. I am expecting Bitcoin to drop along with Major altcoins during this upcoming Bitcoin dominance rise. It's safe to exit from profitable altcoin positions in the next few days, and also it's wise to open SHORT Swing positions for Altcoins Like-TRX, ADA and XRP with low leverage and low-risk capital.
CRYPTOCAP:BTC.D
by HiteshMalviya
3
ADABTC: This is my favorite project Hence I may be biasHi All, Hope all your trades are going well, It's All in the Chart. "Be Brave, Be Deterministic, Overcome The Odds, It can be Done." ― Stephen Hawking. Both Time & Change will occur with or without us. Start today by preparing to do what is necessary & by the time you realize it, you're doing what others perceive as impossible, due to their self doubt of their own mental fortitude. And remember procrastination only leads to failure instead of success. Fully understand that 2018 has been bear market And a lot of people over extend themselves in the market. However it's no reason to be dismay nor feeling despaired. Never forget its Mind over Matter. Start by changing how you think, act, react, how you treat others, how you treat yourself & letting others know your intentions. Then you can start responding to different obstacles in a positive manner, instead of reacting to life obstacles. Only then, will life start responding to you (you). You can do it with different variance of your life not just crypto or investing. You are somebody, you do matter, you can make the necessary changes which are needed to change your life for the better, you can accomplish your dreams by setting goals and creating plans which prepares you for all unforeseen obstacles. You are the master of your destiny. Lose your victim mentality, by never blaming others for what is out of your control. “Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habit. Watch your habits; they become character. Watch your character; it becomes your destiny.” ― Lao Tzu. Focus on what you can control and be repetitive so it becomes second nature to you. Take responsibility for your words, acts, or your actions, and take ownership of your mistakes and apologize. "Strengthen your confidence to be your true self in a world of people who don’t know who you are, where you come from, or what you know. " I firmly believe in you all. For the past couple of days I have read many articles making claims such as the King BTC -1.01% is Dead and so are the other cryptocurrencies. These articles shared their views and provided reasons as to why these publications believe the industry as a whole is very risky, creates a gamblers mentality, or self identification to the underline assets. And that is perfectly fine because we as investors and traders within the Crypto sphere, should be objective and open minded when reading or listening to counter argument as to why we maybe wrong in our assessments of the overall market. By no means does this give us the right to call their articles or podcast bias, uninformed or FUD. Because I want us all to remember these news publications, economist, central bankers, authors, and so on and so forth currently govern our reality via different publications & media outlets. So it becomes extremely easy for these companies or individuals to investigate our market to understand the market dynamic and or to manipulate it. One thing I would like for all of us in the Crypto sphere to always keep in mind, decentralization fight maybe lost in the short term due to governing bodies, scams and ICO 0.00% . Remember crypto movement is not a quick get rich scheme, nor a short term adoption process by the masses. When investing never invest any amount you are not okay leaving and forgetting about for 3-5 years or even longer. Also when investing into a newer asset, the risk factor surpass even long term speculative markets such as bonds, mutual funds, housing, stocks, or even fiat. Hence never invest more than you can afford to lose. Never leave yourself susceptible to manipulation. Crypto as a whole as a great deal of work ahead of each project I.e., scaling solutions, custody, Dapps for the masses to utilized, easy on and off ramp without the masses knowing they're using Crypto, governing policies, regulations for ICO 0.00% & STO. Reason why I remain a firm believer in long term investment in this market. Regardless if I'm wrong or right, because until there are fully functioning Dapps we are just speculating. As someone who works in the IT industry, I understand website and application development are already tough enough. Developers are now trying to Implement Dapp Utilizing cryptographic keys on a peer to peer basis. These task is currently unfeasible for scaling because the larger the node count the more decentralize the network becomes. However, these projects are sacrificing scalability for centralization. Mainly, because the more node count the slower the network becomes which is why most projects are starting to Implement side-chains. Decentralization network does not require every transaction to register on to the blockchain for a successful throughput. This is why it becomes Imperative for the creators of this projects to start focusing on fewer Implementation of the Dapps which are being created. Instead of creating a jack of all trade Dapps. Developers should instead focus on creating two to four utilization for both Dapps and Platforms. White papers are simply fantasies unless implemented and products a build from them. Please remember this is technological revolution which will take time to develop. Only focus on price action if you are trading. Be sure to follow me and like this post if it was helpful, and thank you all. Like the Phoenix we will rise from the ashes Happy trading People....
by letsgetit
ADAUSDT current statusObservation, descending wedge however we can see potentially 2 points for a reversal. The good thing is the descending triangle that past, was indicating a further drop. However just like ETH, its breakout was up. A good sign. I think with the recent announcement for Cardano Foundation CEO resignation of Parsons could only be a good thing. If your going to go long with ADA, 0.69 is a very good entry. In addition, BTC is still in the 6400s and is likely to drop a little more but that too will most likely have lower highs. ADA entry points, 0.69 (but you can miss out) or 0.733. Cheers.
Short
by ssari