ADA/USD Pattern nearing completion ADA/USD is approaching the end of a pattern. Buying at bottom of support with a tight stop loss or for a safer bet buy at confirmation of breakout. We should see a larger move very soon. If breaks up my target is marked around the $5 area.
Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk. Happy Trading!
Adausdlong
ADA recovers from the short crash, Shows highly bullish signsADA, which was consolidating for the past couple of weeks, made a call up; only to fall back to it's old point shortly after the market cap went down by 5%. You might be wondering would ADA be able to recover from the blow...
and guess what? it is!!!
ADA almost makes a golden cross in the hourly, also keeping it within the 40-60s range in the RSI; showing a highly bullish sign. Best time to buy now and trade within the next couple of weeks, or hodl until the end of the bull run.
What do you think will be the price of ADA this month? comment down below!
CARDANO - Time to shine again?ADA has broken over the boring sideways formation of the past few weeks and could be ready to rise higher.
The project has been very quiet after it's listing in Coinbase and we have seen no significant rise ever since but technically speaking the chart shows that we could now expect some volatility. Hopefully towards the North.
Short Term Opportunity for ADA TradersOverview
Adding one more idea in support of my earlier published idea where in coming weeks we could see ADA challenging its rival Resistance level at 1.47 zone. Until we reach to that point, sharing a short term opportunity that we all can be benefit from.
Trend
On a 4 hourly chart, ADA is moving in a descending parallel channel (RED lines) and on a much lesser time frame it is moving in a upward trend (marked in Blue lines).
Whats expected in coming hours?
ADA to keep moving in an upward trend and touch 1.21 (Zone A). Good to go SHORT from here.
Whats expected in coming Days?
Once ADA reaches Zone A, it will also hit its Resistance and will be forced to come down to 1.14 (Zone B). Once it reaches Zone B, it should again try to bounce back to hit its Resistance level and potential breaking it to reach Zone C. This would be a beautiful LONG opportunity with potential profit of 8%. Entry Price and Stop Loss are also marked on the chart.
If you like the analysis then please do LIKE and SHARE it with your friends who would be benefited by this.
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely. Also Keep an eye on BITCOIN, when he's not in good mood he tends to fall on all coins ;)
ADA/USDT : Being controlled by MA 100 and MA 2BINANCE:ADAUSDT
Hello everyone 😃
There are 2 located moving averages which are holding ADA.
Both of them can change the direction so next candles are very critical !
For now, MACD and Volatility is bearish on most of time frames;
But cause of stability in last candles, we can't make any decision based on indicators.
The only ones that showing correctly for now are moving averages and RSI indicators..
📌 Market is bullish so majority is bullish for ADA, Also on higher timeframes;
Moving averages are reaching current level from below ( which can be a good support for movement ) !
🔴 We might see a rejection till support zone cause MA 100 but it will be very good for ADA.
If it happens, most of indicators will reset their calculations and then we can see more positive signs for ADA !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
💎 ADA To The moon with Time Machine ! 🚀🚘Fasten your seatbelts ! 🎢
After a drop ADA Will Fly !
just watch the beautiful History on the Chart >>>> Buy Low / Sell High FTW ! <<<<
📈🚨🚨🚨📈
its not a financial Advice ! buy and sell with your own risk .I just try to see with my third eyes 🏳!
Have a great Trade !
ADA-USDT Perfect Bullish Pennant Continuation Pattern on WeeklyEnter into trade anytime while ADA is low.
It has strong fundamentals, including support for smart contracts and an established community along with staking rewards.
ADA is THE coin that will be a serious contender with Ethereum and Bitcoin. This trade setup is based off the 1 week chart.
Entry: 1.21
Stop Loss: 0.978
Take Profit: 2.52
Trade logic:
A Bullish Pennant is a continuation pattern in a bull market. You can approximate the top by measuring the length of the flag pole (+1.08) and adding that to the previous top (1.42) - giving us the take profit mark of 2.50 - 2.52.
Cardano in a P WavwADA/USD aka Cardano stuck in a P wave know as well as a triangle formation. We've been observing massive movement up for the past months. Now stuck in a consolidation of a triangle formation. Taken the sentiment we should break out towards North and continue growth.
For now Tenkan below Kijun, and lagging span trying to break through the price from before 26 days. Kumo acting as a big support.
Are you actively trading Cardano or are you a long term investor or maybe sitting on a fence thinking whether to join the party?
ADA is on the verge of a 24% upswing
Cardano price prints a bullish technical pattern on the 4-hour chart, hinting at an incoming breakout.
The falling wedge pattern may elevate ADA to $1.35, jumpstarting the recovery to a record high of around $1.48.
Cardano is among the few cryptocurrencies trading double-digit gains among the top 50. The market is dotted in green; however, price action remains lethargic. ADA is up 14% over the last 24 hours to trade at $1.11. For now, the least resistance path seems downwards but Cardano is trading within the confines of a bullish technical pattern, suggesting that an upswing is likely in the near-term.
The aspiring smart contract token trades at the apex of a falling wedge pattern, suggesting that a reversal is in the offing.
The bullish outlook forms when an asset's price drops with pivot highs and lows while converging at a single point referred to as the apex. A breakout is usually anticipated before the trend lines converge.
The common breakout is mostly confirmed by a consolidation period, followed by a spike above the upper trend line and reinforced an increasing trading volume. As for Cardano, the 24% breakout is expected to come into the picture as soon the price steps above the wedge pattern and the hurdle presented by the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. It will be a real breakout if the 50 SMA's seller congestion area is pushed into the rearview.
The expected upswing may fail to come into the picture if the Moving Average Convergence Divergence (MACD) continues to slope downwards. Currently, the MACD line (blue) is holding under the signal line, confirming the bears are still in control.
Cardano intraday levels
Spot rate: $1.1
Relative change: -0.006
Percentage change: -0.4%
Trend: Short-term bearish bias
Volatility: Low
ADA is now Live on Coinbase 👌 (Our Target Prices)Hi Everyone,
Ada is now finally live on Coinbase. That's only GREAT news.
Some of you asked me for take profit targets so here is my updated chart and the price targets :
1.35
1.54
2
..and then higher
By default, our strategy is to take profits gradually.
Try to do the same it really helps your psychology to work for you when you implement such a plan to take profits along the way but also to ALWAYS leave some part as a long term investment. Just keep it for ever! Never cash out completely (even if ada makes it to 2, don't sell all of it but do sell most of it).
This is something we have developed and it works for us, why not for you too.
Keep in touch for a lot more
ADA Cardano - Our Updated ChartHi everyone,
what a boring Friday yesterday was, let's hope we get to see the good kind of volatility this weekend again (Up North - in the Green).
Our favorite asset ADA Cardano after another fantastic week has been taking a break, lying on the new support at this very moment.
As much as a dip/correction can never be crossed out. especially close to all time highs, we remain moderately optimistic that we can expect a further rise.
On the chart you will find 3 short and mid-term target levels. Price is on support so if you use stop losses you can always have a tight (close) one right below this support level.
Let's go ADA, you deserve higher.
My best wishes for a nice weekend. Lockdown is over here so finally time to have a nice lunch and dinner at a restaurant and enjoy the sunny weather over here. Somehow Shisha is not allowed, not sure how or why it affects Covid but I guess 'it is what it is', shisha or no shisha remember to have good times with the people who matter.
That comes second cause health comes first.... trading and money come third.
the FXPROFESSOR
ADA Buy a break setup.ADAUSDT - Intraday - We look to Buy a break of 1.511 (stop at 1.458)
Daily signals are bullish.
Price action continues to trade around the all-time highs.
Pivot resistance is at 1.488.
A break of 1.500 is needed to confirm follow through bullish momentum.
We look for gains to be extended today.
Our profit targets will be 1.665 and 1.781
Resistance: 1.488 / 1.600 / 1.700
Support: 1.400 / 1.300 / 1.260