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Adausdlong

Cardano Updates - Bounce or what?We see that the ADA price action has started a correction almost reaching the first support (FIB .618), this is coupled with an RSI showing indecision in a daily view and at the same time that we increase in smaller frame-times it gives the feeling of going further down. Here please find attached the main drawings of this idea, simpler than a botijo for you to speculate. Remember that here in TradingView (and there, and everywhere) ideas are like asses everyone has their own. Please, pleas, please: remember all the trouble that is back on the international scene. Attentive to the political-socio-economic panorama because it is devastating and will somehow affect crypto again. Actually this situation of total halt of the world is more than worrying and it's affecting the whole world, or almost. So far... a greeting, keep safe and do not forget to give a like here. Thankss!
BINANCE:ADAUSD
by harribatu
ADAUSD - Which side are you on?--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! --- It seems that after again testing recent highs in early May, Cardano is sort of waiting for a big move, as other coins are as well. It is just matter of strenght! It is slightly looking for the resistance level formed by the highs of June 2019 and February of this year. To be honest, it would take a couple of days in green to reach the 0.786 level and consolidate that area for more growth. On the other side you already know what there is. ;) In a two-hour view we can see how right now it is trying to return to the highs of April 30, with rising RSI and without being oversold. So far, so good. We leave this analysis before the imminent supposed golden cross in a few days is completed and thus be able to see the result. And which side are you on? Thanks for your appreciation.
BINANCE:ADAUSD
by harribatu
2
ADAUSDt Locally signal(LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. chart looking bullish You can buy it right now on the market, or to be sure after fixing above the channel Targets: 0.55$ and ~0.59$ (after first target will reached move ur stop to breakeven) growth cancellation if we rollback and consolidation below 0.5 Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
Long
by trytofeelpositive
3
Will Cardano (ADA) Breakout The $0.10 Resistance In This Rally?A chain reaction is triggered: in my previous post I predicted a chain reaction in the price line of Cardano, if you missed my previous post then here is the link: As in my previous post we have seen that in the month of March after strong bearish trend the ADA completed the final leg of big bullish Butterfly pattern on the monthly chart. And as per Fibonacci sequence of the bullish Butterfly the priceline was supposed to take the bullish divergence from the potential reversal zone and enter in the Fibonacci projection from 0.382 to 0.786 Fib level. And this was the Fibonacci projection of A to D leg. In the meanwhile on the smaller time period 2 day chart the ADA formed another bullish harmonic Crab pattern and entered in the buying zone of this Crab pattern as well. And we can see that 1st price action took a bullish divergence from the buying zone Crab pattern and triggered a kind of chain reaction that the priceline from the potential reversal zone of the big bulllish Butterfly pattern on the monthly chart also moved up and entered in the sell zone or Fibonacci projection area and produced more than 184% bullish rally. Now what next? Now the question arises that if both bullish patterns are executed then whether the priceline of Cardano will continue this bullish rally or not? Because so far the ADA has produced more than 184% Big gains. Is there any possibility that the Cardano will move more up to produce more gains? For that we need to study some more indicators and support and resistance levels let's have a look at them. Support and resistance levels: If we switch to the daily chart to watch the different support and resistance levels. Then we can observe that the strong bearish rally in the month of March 2020 the price action was trying to breakdown the $0.027 support. This is a very strong support that is not broken down since December 2018 and this time it has worked well and did not let the priceline move down. From here the price action moved up and broke out the next resistance level $0.045. At this time the price action has started a correction rally to re-test the previous resistance as support and after successfull re-test of this previous resistance as support the price action can move up to break out the next resistance level $0.065. And after breaking out the $0.065 resistance level we have key level resistance at $0.10. Once the price action will break out this key level resistance then it can turn more bullish to achieve the highest price ever in the history of Cardano. Moving averages: On the same daily chart the moving averages are also doing good. After the bullish rally of March 2020 the price action broke out all the simple moving averages with the time period of 25, 50, then 200 and at the end it has broken out the 100 simple moving average. Sofar the price action has re-tested the 25 and 50 simple moving averages as a support. After breaking them out the price action did not re-tested the 100 and 200 SMAs resistance levels as support. Therefore we can expect that the priceline may start correction rally from here and re-test the 100 and 200 simple moving average resistance levels as support. Conclusion: On short term we can expect a correction rally to retest the $0.045 support and 100 and 200 SMAs. The continuation of bullish rally depends on the success of this re-test if the priceline will not breakdown these supports and then it can further move up to breakout the key level resistance at $10 and in case of breakingout the $0.10 resistance it can turn more bullish than previous bullish move. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:ADAUSDLong
by moon333
1
ADA (Y20.P3.E1).Macro.StructureHi All, Ada\Cardano has been doing well this year, better than BTC in terms of returns. Its one of those projects that has lots of potential. As shown on this chart, ADA is being supported by 2 key levels. a) Macro trend line\fib level and b) the 0.382 retracement fib. level. This is why we had a good bounce and with a nice short opportunity. Note: the 10/21 ema ribbon (blue) on the daily and underneath, the 50 ema (black line) How high will ADA go on this impulse, that will be with the follow up postings. I will need to update this post after looking at the the 15min chart and see what formation is likely to take. Thoughts: ====================================================================================== Since BTC is bullish, not enough I believe to break the top trend line this round, looking at the 8100 to 8350 range to do it, which still gives us a lower high and keeps the trend in place. I see ADA with the same lense\perspective, ADA will reciprocate the trend movements of BTC but with better magnitude up and down. I have ADA on the DAILY still with downwards momentum as per the chart below, highlighted by the indicator on the right of it. If ADA was to pullback to the BOOST fib combination, I would think this combination will be likely the lower high level to break the top. We can however also have the 0.5 fib retracement. The 50 ema looks like it will move to the 0.618 retracement line, the BOOST zone. The trend line at the same time, has alignment potentially with the 21 daily ema. which can act as the major entrance point as well. I can't make a forecast until I see reversal signs on the macd and other indicators to say which fib level it is (on the daily). Please give me a like or tick for my posting. Thanks, S.Sari. DAILY close up view. DAILY chart and its indicator. Note on the daily how the colored boxes represent the cross over of the indicators and the peak reversals of ADA on price action. They are good enough signals for a reversal. Overall overview of ADA and my specific lines, showing its a downward wedge that's moving up to for a breakout.
Long
by ssari
CARDANO (ADA) Bulls Showing these Other Alts How its Done✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- It's crypto time, let's make some internet money with ADA/USDT y'all! Our Momentum Mover strategy will generally catch a move with momentum (as the name implies). Not all these plays will have continuation, as you can see on the chart, but when they do, cha-ching. Joking aside, let's see how this recent play goes while we wait for the next entry. --- STRATEGY USED: Momentum Mover Trend Confirmation = Fractal Trend Entry Signal = Breakaway Scalper Exit Signal = Breakaway Scalper OR Orderblock Mapping --- 1. Fractal Trend is showing an uptrend (Green background color) for ADA/USDT on the hourly chart. 2. Breakaway Scalper has recently confirmed a long (Green bar color). 3. With this strategy we enter long ONLY when Fractal Trend shows a Green background and Breakaway Scalper shows a Green bar color. Meanwhile, we exit if the built in trialing stop (Yellow line) is hit or if the bar color changes. 4. Our goal here is to take long positions in the uptrend as long as Fractal Trend continues to show a Green background color. As price moves to the up or down side, we will be watching the R1 - R4 and S1 - S4 levels indicated on the chart for reactions. 5. Regardless of any reactions, the plan remains the same however. Long Green on Green, Short Red on Red, and close positions on color changes or if the trailing stop is hit.
by AlphaBotSystem
ADAUSD formed bullish BAT | Upto 40% move expectedHi guys and gals hope you are doing good, Cardano (ADA) is giving another long opportunity on 2 day chart and has formed bullish BAT pattern and entered in potential reversal zone and ready to move up at any time from here. The dimensions of pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $0.0393 to $0.0352 Sell between: $0.0493 to $0.0493 Stop Loss: The potential reversal zone area which is up to $0.0352 can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:ADAUSDLong
by moon333
ADA is being retraced after one and a half month bullish moveIn Aug 2019 I posted an article where I revealed that the priceline of Cardano was forming a shark pattern. RSI had still some cushion to move in oversold zone and moving average convergence divergence (MACD) was still strong bearish, therefore there was more possibility that the price action will definitely complete the final leg of Shark which was being formed at that time below was the article: As per Fibonacci sequence the targets were as below: Buy between: $0.04315 to $0.02760 Sell between: $0.05788 to $0.08991 As per above targets this trade had potential to produce upto 255% gains. Finally we witnessed that since Dec 2019 to Jan 2020 the priceline of ADA moved up and sofar it has produced up to 138% profit. Price Correction Started After One And A Half Month: If we examine the price action of Cardano then it will be realized that since 1st Jan to 14 Feb 2020 there the ADA was moving up in a very bullish manner that there is not even a single red candle stick appeared during this period even it has broken down all simple moving averages from 25 to 200 during this period every professional trader was expecting a price correction move which the Cardano was not making even with every day the buying volume was more being increased that was a clear indication that bull has completely taken over the bears and they are in charge now. The Moving Averages And Their Bullish Formation: Now if we move one step back from 2 day to daily chart then here the simple moving averages with time period of 25, 50, 100 and 200 have almost formed an alligator’s bullish opened mouth there is only one move left and that is the golden cross between 100 and 200 SMAs once this bull cross will be formed we can witness a new and more powerful bull rally like once it was happned in April 2019 when Cardano gained more than 80% value from $0.5910 to $0.10687. Similarity Of Moves Of Price Action: Now if we switch back to 2 day chart again then in previous move we can see some resemblance with current move when the price action moved up without any price correction from 4TH Mar to 3rd April 2019 and then ADA dropped upto 0.618 (61.8%) Fibonacci level which is considered as ideal drop or retracement among professional traders and Cardano also had a 50 simple moving average support at this leve, and the price action took bullish divergence from this level achieved higher than previous high. This time the price action is seems to be taking the same move as we can observe that it has moved up from jan to Feb 2020 without any correction and now it is being retraced. Sofar it has achieved 1st level of ideal retracement upto 0.382 (38.2%) Fibonacci but this time the ADA is in more stronger position than previous move coz from Mar to April 2019 the price action did not have the 200 SMA support even at that time the 200 SMA moving down from a long distance above the price action but this time we have 200 simple moving average support between 0.382 to 0.50 (38.2% to 50%) Fibonacci level therefore this time there are more chances that the priceline will start upward move after taking bounce from 200 SMA and that moving average this time lies at $0.5492. So most of the professional traders might set this 200 simple moving average as their stop loss and most of the traders may place their buying positions at this level by setting the same 200 SMA as their stop loss. Conclusion: At this time there are two decision making levels one is simple moving average 200 and the other one is Fibonacci level of 0.50 (50%) if the price action of Cardano will be successful to retest these levels as support and bounced from here then we may see more powerful bull rally which will lead to achieve an higher than the previous high but if the priceline won’t be successful in retesting these levels as support then we may see the drop up to 0.618 Fibonacci level which is at $0.04753.
by moon333
ADAUSDT - uptrend is not completed !!!Good afternoon, colleagues! To everyone who trades or holds this coin in his portfolio - the upward movement does not end there! The graph shows my price expectations in the medium term. 0.09-0.1 - sales area. Where is it desirable to sell a coin. The option with working out the double bottom will be confirmed during the breakdown of this zone. The minimum value of the correctional movement is 0.5, whether the price will come there or not is unknown. Now there is an active purchase and it can fly at any time. Consider your risks and trade with pleasure. Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything!
by CryptoYanina
2