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Adausdtradeidea

ADA H&S upcoming ?Hello Traders, I guess am seeing ADA forming a head and shoulders pattern.. It may test the neck line soon at 0.6304. In case of a break : I guess 0.6000 will be the first major support that the price can retrace from instead of going to the H&S target. INVALIDATION : Dotted line ( above 6.53 ) - Educational : What is Head and shoulders pattern ? The Head and Shoulders pattern is an accurate reversal pattern that can be used to enter a bearish position after a bullish trend. It consists of 3 tops with a higher high in the middle, called the head. The line connecting the 2 valleys is the neckline. The height of the last top can be higher than the first, but not higher than the head. In other words, the price tried to make a higher high, but failed. The closer the 2 outer tops are to the same price, the more accurate the pattern. If the price breaks the neckline and closes below it, the pattern has completed. Conservative traders may look for additional confirmation. The target can be estimated by measuring the height of the pattern (from the neckline to the head) and projecting this downwards. Common stop levels are above the neckline or above the right shoulder. The Inverse Head and Shoulders is the bullish version of this pattern that can form after a downtrend. TradingView has a smart drawing tool that allows users to visually identify this pattern on a chart. - Leave a thumb up if you agree ! Follow for more <3 Have a nice day.
Short
by TANcrypt0
4
ADAUSDT Daily: 18/02/2023: Bull or Bear?! Let's take a look at ADA. As you can see, the price touched an important supply zone and had a bearish reaction, so our first scenario is bearish, and the price will fall from here. Below monthly resistance I am bearish. It's possible that the price breaks the supply zone to collect the liquidity above an equal high and then fall. If the price can break the monthly resistance and stay above that, we can follow the second scenario. 💡Wait for the update! 🗓️18/02/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
5
ADAUSDT - Be Ready for PARABOLIC AltSeasonHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 ADAUSDT is another altcoin that I am extremely bullish on for the next altseason. However, the possibility exists that it might take a while to arrive, considering all the talks of an imminent recession for 2023. We're approaching a strong demand zone from 15c - 22c. From here, to expect a 300% increase is a modest target considering the last time that we hit this support zone the price increased 700%! It might take a while for the price to drop to this level, which is a hidden opportunity considering everyone will get ample time to bag up for the next parabolic rally. Interested in XRPUSDT ? Check out this idea 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
17
ADAUSDT - Jan 2021 Fractal: BUY ZONE for +550%Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 ADAUSDT Lost a crucial support zone @40c. The next immediate support zone is only at 22c. From here , I expect the price to hover around and trade sideways until the next bullish cycle arrives (you may need some patience for that) . The spot profit potential could be up to 550%; as this is how high the price went the previous time it touched 22c in a fractal during January 2021. So not considering the IMMEDIATE term, I am bullish on Cardano from 22c because there could be a high demand zone there. The Cardano video I mention is this one right here; a few days ago when I called the continuation of the bearish market early: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
25
Cardano - Will the buyer be able to hold his position.After stopping the fall at the current price levels there is a test of the interest zone of the buyer. If the test is successful, the chart will go to the breakdown of the local trend line, the next target is the middle and the top of the trading range. The buyer defends its position, with the accumulation on this instrument continues for further distribution at more favorable prices. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BINANCE:ADAUSD.P
by Artem_Dishel
3