CARDANOADA
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
The markets these days - What we trade apart from ADA CardanoHi guys,
wishing you all a nice day and may the force be with you.
A lot of you have mistaken me for a 'crypto trader' which I am not.
Very simply I trade what I see is moving in a clear direction and this has been clearer on Bitcoin until last week, Alt coins like Cardano and tokens like Enjin and Coti, where our research paid huge dividends and our technical analysis guided us to nice entry points and partial take profit levels.
For this week I am attempting a short on Oil which is going well now and I wish to keep it, see if the profit can grow, where at the same time I am still awaiting a further correction on my All Time Favorite asset to buy, the almighty Nasdaq.
Thank you all for the nice words and comments. I appreciate it.
One love,
the FXPROFESSOR
'ADA let's go' - 11 hours later / 19,3% higherWell guys, just a few hours later and my post today seems to have worked again.
11 hours after my Ada - let's go let's GO post and Cradano is the one crypto with the best performance in the day.
After all the charts never lie...
PS. I am a traditional fx and commodities trader but reading the charts is the same art in cryptos as well
One love,
the FXPROFESSOR
ADA: Targets On The FibGood day to all profit makers!
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- ADA watchlist for both up and down movements
- BTC will be a big deciding factor in the trend that will follow
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor and this is not financial advice!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
ADA/USDT - High Probability of Bearish TrendHello traders and community, today we will tell ourselves shortly about the situation of ADA/USDT
Trend analysis
- As you can see from the ADA/USDT daily chart, the price of Cardano completed bearish breakout move and also completing Elliot 5 waves pattern. That's why we as traders can expect bearish trend for the following days as you can see from the possible scenario (white line on the chart). I recommend to open short trade position up to 0,95 price level to be safe against reroute movement, but you can also try to maximum level of 0,88093 price level (possible scenario on the chart). Today's resistance level is near 1.15 price level (red line), support level is on 1.03 price level (green zone), global trend will stay bullish if can get back on 1,15 price level (orange line).
Chart pattern
- Bearish breakout (approved)
- Elliott 5 waves pattern (processing)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal)
- MACD: MAs are prepared for downward movement + they are moving away from each other and overall trend is going down (Bearish signal)
- BB: Volatility of the market started increasing after range movement accomplished (Bearish signal)
- MA (10,20): MA10 is below the level of MA20 (Bearish signal)
= Overall bearish signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions :)
P.S.: Information provided is only educational and should not be used to take action in the market.
ADA CARDANO The road to $2.00 ????Yesterday we had a higher high on the daily chart, if we end the day today with another higher high, ADA must rise above the 1.22 than we have a confirmation for the super uptrend and the road to $2.00 just began with almost 70% upside gain. That's huge gain. Hold your horses as this could happen fast and crazy in the next 2 or 3 days.
This is for educational purposes, trade at your own risk.
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue.
At least for now, ADA has regained its position as the third largest crypto asset by market cap.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
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?
CARDANO PRICE- How we entered again PERFECTLYIF YOU HAVE BEEN FOLLOWING YOU KNOW OUR LOVE FOR CARDANO
Ethereum's main competitor (some call it Ethereum killer) took a pause (blame Binance?) and it's on the rise again
In our last idea here you can see how we called the support PERFECTLY .
It's a buy and a keep until something changes...
Take care,
the FXPROFESSOR
Cardano Update From Buy Zone 1Cardano Update From Buy Zone 1
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Cardano completing Cypher pattern for upto 53% rallyHi dear friends, hope you are well and welcome to the new update on Cardano.
On the daily time frame chart, the priceline of ADA is completing the formation of bullish Cypher pattern and soon it will be entered the buying zone.
this trade has a big profit possibility of 53%, and the loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ADAUSD breaks downwards trendADA looks to have finally broken the crypto downwards trend. Hopefully, it continues its recovery journey upwards.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.