Adausdshort
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.
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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 ;)
CARDANO BEARISH SETUP - SELL TO 0.82735Here is a confirmation of the analysis I released earlier on ADAUSDT. Please scroll down to see the analysis.
A lower trendline breakout has occurred, setting our new target at 0.82735.
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ADA in Five-Wave PatternIn 4 hour chart, Cardano still remain in bearish trend with breakout of the previous support level.
What is more interesting in daily chart Cardano has already made Elliott Wave, what may cause the H&S formation.
Also, the idea of retesting the previous high cannot be denied.
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This is NOT a FINANCIAL RECOMMENDATION. This is just my point of view on the current situation.
This ADA run up is SUSS as hell.Don't get me wrong.
My biggest bag is ADA. and I'm very happy its popped off hard. HARD
Very ugly chart. but who cares it makes sense.
So ADA is finishing off a wave 3 out of the 5 wave impulse that is the current bull run.
we are literllay in the final stages for the current run up.
1 more wave up/if that from here and that sohuld be the end for this particular run then we should see a period of pullbacks and corrections.
Suss the Daily RSI. Triple top. that's basically a pullback asking to happen. Triple top RSI jesus christ. don't be hitting the big green.
declining volume on increaseing price? yep thats bearish.
basically don't be buying ADA now. i mean you can. but better off getting it on discount over the next few days/weeks.
Most likely area of support is the place where theres about a million lines there. (basically more lines in an area with different kinds of strategies means stronger support)
previous ATH Monthly open/close around 0.95 to 1.09. This entire region is where the 3D OB (not really an OB coz it doesn't break market structure), 1D OB (again for same reason), Previous monthyl ATH open/close, 0.236 fib retracement. that entire region is support, lots of confluence. I don't like it, but it's what the charts say. If you want us to narrow the levels down it'll fall to either:
- 12h OB - $1.01-$1.08
- 4H OB - $0.88 - $0.98
If that falls (doubt it will) theres no support till 0.30-0.42 region, weekly OB. unlikely it goes there.
Anyways. it should pull back for 1 last time and then begin its final run up. im getting the f out on the next run up xd.
but then again wth do i know?
ADAUSDT, short continue after solds.Hi friends. ADA again short. Interesting picture and i want write about it. So we have big volume of closings under 0.31 and exchange bought it. But in next few candles exchange sold it volume again to traders who want long. And what is important volume of solds already satisfy they purchase. Target - investing zone.
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ADAUSDT, strong short to 0.235 in near future.Hi friends. ADA want go down to 0.234, 0.210 in near future (2-7 days). I mark all interesting market process on the chart window. Levels thanks to X-Lines script. So why i think we will go so deep. It's because for my surprise exchange dont want to sell ADA that purchased at 0.342 by more expansive price and they sold by 0.355 - 0.360. Ofcourse it mean tendention will be bad for investors.
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Cardano isn't clear enoughADA doesn't say clearly where it is gonna stop retracement so lets be more genius and buy on parts
but a huge engulfing red candle on a daily time frame can help us a lot to guess a strong bearish scenario till the mid of dec.
play it safe.. get benefit from this crash and the upcoming ones
on the chart above the key level for support areas are labeled ... whenever u see the price on them just buy without thinking>>
good luck :)
ADAUSDT: Possible Short (13.10.2020)On D1, the price moves to the 38.2% Fibonacci level on a logarithmic scale. RSI is near the overbought level.
On H4, a movement has formed between the price and the RSI. Moreover, the RSI is at the overbought level.
We recommend selling ADAUSDT when the price will be broken the downward trend line on H4.
Call me crazy (ADA USD)Hey everyone, my old T.A got wiped out right before I posted, so I am going to give you the summary since I need to go to bed. Basically, we can expect ada to be headed down. As you can see from my wave count, we have finished the wave 5 of the wave c of the great wave 5. The Rsi and macd are bearishly diverging, especially the 5 minute rsi, which shows lower highs on every higher high on the price action. Expect a correction to atleast the top of the wave 3. The stop loss is the previous all time high.
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/USDT - level retestthere was no rollback after the key level breakdown.
...are pushing the 0.05439$ level...
level retest in 18 days.
The previous day was closed under the level.
The entry point must be searched at a smaller timeframe.
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ADAUSDT Sell/Short Trade, 20% gainADAUSDT is forming a triangle pattern; it's not broken yet but looks it will break downside the triangle.
Volume is not big enough to support the bullish movement;
On the H1 chart there we can see bearish divergence that shoes the weakness of the trend.
We can enter this trade in two way
1) Enter now if it makes a reversal from the trend resistance of the triangle and wait till to break the triangle downside till target reached and if it doesn't break downside then exit. (20% gain)
2) In second trade we can enter in a confirmed breakout when it breaks downside. (15% gain)
Keep Trailing Stop
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!
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