ADA ADA ADA... STILL IN PATTERNHey Everyone,
A few quick updates today as I go through the charts and check for trades for myself, I have just noticed ADA is sideways, and has had an extended 4th wave, but for the EW geeks like me... Wave 4 did not drop down past wave 1 territory so to me this looks to be still headed up to hit targets I posted a while ago.
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
CARDANOADA
ADA Cardano Short 60% profit opportunity with 10x leverageBITMEX:ADAZ18 is sitting quite close to the bottom so many speculate that it should go up, however I believe ADA has some turbulent times ahead with the departure of IOHK that I think will push the value down temporarily, providing us with easy profit opportunity.
EL: 1170
T: 1100 or possibly lower
As usual, this is just an idea, not financial advice so please do your research.
ADA BTC (analyzed with Richimoku & Kumo Waves)Richimoku & Kumo Waves on Cardano / ADABTC
Are you an investor on the buy-side or a trader on the sell-side?
Use the brand new Richimoku Trading System to learn about trends earlier and discover trading signals and alternative data that can be transformed into sharper insights, better opportunities, and more profitable decisions.
*Richimoku ( Advanced -2.20% Ichimoku Kinko Hyo with 4 Clouds! )
*Kumo Waves (Indentify divergences, trends, investor sentiment. Know First. Act Faster. A must-have for every trader!)
*As some indicators you may come across are using the repainting mode (which consists in correcting the false signal back in time).
You'll never see such thing in the Richimoku Trading System. What's on the charts is displayed in real time, no cheating...
Send me a Message and Feel Free to test the Richimoku Trading System! I'll send you an invite. Study the chart history on all timeframes. Study all details incl. divergences etc. You'll love it :)
FAQ.
How to access the Richimoku Trading System in tradingview?
To access your indicator simply click on “Indicators” at the top of your Chart, and click on “Invite-Only Scripts”. Click on the indicator to activate it. That’s it!
Will the Richimoku Indicator Trading System work for Stock and Index trading?
Sure! It works on all Forex, Stocks, Indexes, Metals and Crypto's!
Does this indicator work with a free TradingView Account?
Yes you can use the Richimoku Indicator Trading System with a free TradingView account.
Does the indiators work on all timeframes?
Yes, the indicators can be used on all time frames!
Cardano/USD Update 20MA SupportCardano resistance zone at $0.089 is quite big, tested the zone 9 times over the last 7 weeks, on the opposite side, 20MA is supporting the price zone also. so price in bound between 20MA and $0.089 resistance. If we do break the 20MA support the next target would be $0.063 (Green Box).
Has Cardano lost the momentum?Hi Guys! My answer is absolutely not. The ADA market turned in a weak performance in the context of a shrinking volume trading but for me this dip is where I can buy more with small discount. Well all what we must have is a patience, with yesterday's low @0.00001225, Cardano is testing that lower boundary again at the moment, so let's see what happens next.
What makes the chart interesting is the fact that we have some good fundamental news as Cardano will launch the first ADA Card in the end of the year and Cardano Rust Project that need "to open up Cardano to more developers with an open-source library and encourage the worldwide community to build up this resource."
TF: 1D
The MACD is trying to break the resistance and make the centerline crossover, it's hard so it will be complemented by significant volume support.
The RSI < 50;
The EMA lines: 7EMA - Resistance, 30EMA - Resistance, 100EMA - Resistance.
Some of our indicators are the worst to open the long-term position, but for me this manipulation at the market not more then MM's game, to acquire as more cheap ADA as possible.
I long with $ADA.
ENTER: 1200 and lower
PT: 1600 and higher
GL Traders.
ADA - Need more volume to go LONG! As mentioned, ADA needed to cool off after its massive run-up last week and that wedge breakdown has dropped it back to into a demand zone. The 1160 support level has held so far but the volume isn't the best and until we see volume come in, we can't be confident that this demand zone will hold. Stronger zone to enter a long position would be the lower demand level around 1078, which was the breakout zone.
As always, stay safe and thanks guys!
ADA - Time for a pullback but still looking good! Cardano had an amazing run last week hitting all 3 of our targets in quick succession. We have since tapped into the liquidity around the supply zone and failed to close above, which subsequently resulted in a move back to the 61.8%FIB. We are bouncing back at the moment but have broken the trendline, which was respected the whole move up therefore we could possibly see a test of the liquidity above before resuming lower to the next demand area and possibly the 50%FIB. This does have the look of an ascending wedge that has already broken and is in the process of retesting before continuing its mover lower so keep that in mind.
Both RSI and MACD are showing bearish signs, RSI with a lower high and MACD crossing over bearish further indicating a pullback is likely. As such, area marked as demand zones should provide support for Cardano and could be used as areas to scale in long positions while keeping a close eye on Bitcoin.
The severity of any BTC pullback will most likely dictate how long ADA goes so don't be too quick to jump into positions at the first sight of a support touch.
As always, stay safe everyone!
Thanks guys!
Dont Long ADA...not yet.Chart says it all pretty much.
When ADA broke yearly support level it didn't free fall right away. It had a retest that has been rejected big time. Now i personally can't see a reason for you to knife catch it, unless you are looking at a bigger picture and you are starting to scale buy all the way down as a long term investment.
I would swait for the demand zone where everything started back in Dec, 2017. Thats where price will be more interesting for investors to buy in again.
600-800 Satoshis will be your best bet.
Analytics ADA/BTCThe asset behaves without anomalies, is in its channel, signals for the reversal are not expected. It loses about 20% with about 15 days periodicity.
There is a stable downward channel, so do not open positions earlier than 0.00001210. It is worthwhile to conduct additional analysis in this area, the price may drop to 0.00001080.
In the long term, does not cause much interest, but it can be useful for traders inside the day. We are waiting for the appearance of additional signals.
Cardano Support/ResistanceWelcome Back!
Today I wanted to draw a simple S/R for ADA considering how it has fully retraced back onto trending support.
I talked about this coin in one of my Youtube videos but never got around to making a chart so, here it is!
Simple S/R strategies can be easy to use and work very effectively.
Considering how this coin is back to its lowest support, now would be a great time to look towards accumulation.
This is a coin listed on the popular leverage trading exchange, Bitmex. Once alt season begins lots of institutional money will start flowing back onto their exchange thus creating large hype cycles with the alts listed on their exchange. Let's see how price reacts to these resistance levels.
Want more updates? Subscribe to me on Youtube!
Link is in my profile description.
God Bless, JolleyCrypto
Cardano (ADA) Bull div, move up possible. Short ready.Due to the bearish market, altcoins are very easy to predict.
Signals:
Bullish Divergence on the 1 hour for ADA as well as 4 hour, indicating support at the current level.
Cardano has tested support many times, having small bounces each time.
Therefore, we long ADA now with a stop loss below the base of ADA. Once ADA hits the red cloud we close our long and consider a short. If the move up does happen and we break the red cloud, consider another long. For now ADA will likely be trading sideways. If you want to play safe, don't long in this bear market.
Targets:
1783 level (+1%)
Thanks for viewing! Please leave any comments in the box below. I will respond to everything.
PREDICTION:ADA to 0,64 is very realistic,analysis(ADAUSD,ADABTC)Hello everyone
I’m interested in ADA for a long time. Today I decided to make a big analysis and to share it with you guys, let me know what you guys think and if you would like such analysis on another coin. Let’s get straight in to this .
ADA/USD
So you don’t have to be a TA-expert to see that ADA price is very cheap at the moment. So what are the most important things to look at:
-The triple bottom is very bullish, that means that the bulls are strong enough to defend the 0.124 line. This is very bullish because it’s over a longer timeframe. We can see that this triple bottom is created in +/- 2months, which is a very long time in crypto-perspective. We can see that we’ve found support at the exact same levels in the past (March).
-For me the buy zone is between 0.11 and 0.158. we can see a huge support-line at 0.11 (that’s our absolute bottom in my opinion).
-I think this coin is really worth the risk aswell. The first strong resistance line will be at 0.2. the first big support is at 0.11. So that means if we go up, that our first real test is 55% higher than our current position. If we go down, then our first support is at 0.11/ 10% below our current position, so this is worth the risk if you ask me. We have had a 91% correction on this coin, this is bargain!
ADA/BTC
-So here we can see a double bottom, we’ve found support at exact the same price as in March. This shows us that ADA will probably never go under that price again, bulls have decided that this is the absolute bottom. We can see a very strong support at 0.000017.
-The buy-zone for me is between 0.000016 and 0.00001938.
-Taking a long trade is also here worth the risk, the first big resistance is at 0.0000235 ( increase of 26%) and the support is at 0.000017 (decrease of 7.2%).
ADA to 0.64
First of all, in this case, cardano’s-dominance or the weight cardano has on the crypto market is (+/-) the same as on this moment. If we get an altcoin-run, the ADA-dominance could be a lot higher than 0.64.
Calculation:
ADA-domination: 1.33%
total market cap RN: (+/-) 256 billion
ADA-domination to ‘the other coins’: 6.7%
‘other coins’: everything except the big ones (BTC, ETH, LTC, BCH, XRP,… FIRST SIX)
If we see a bull-run like in December, I think this market will be a 1 trillion market. If ADA domination to other coins stays at 6.7%, ‘the other coins’ (which I doubt it, I think it will be higher). Than we the other coins will at least have a 25% domination in this market, if ADA stays that dominant the next price could be at 64 cents easily.
This above is worst case scenario in a bull run. If there comes another bull run, the ADA-dominance will be a lot higher, so will the price. (this was just quick maths in worst case scenario).
summary
The only way is up for ADA!
Cardano (ADA) Bullish Ascending Triangle, 5.11 R/L RatioCardano is currently in an ascending triangle, & we have bullish divergence on the 1 day chart. This could be a promising long trade. Get in before the breakout and before the bounce from the trendline, don't pay retail.
Buy in:
1828 satoshis
Sell target:
1875 satoshis
Stop loss:
1820 (Max of 0.43% loss)
Or you can avoid selling if you believe the breakout is imminent. Keep in mind it will not follow the triangle exactly and may go sideways. Long as we have higher highs and the same resistance I will remain bullish. This pattern works well in crypto. Risk to reward is over 5, but will probably not follow the trading plan exactly, so should be used as a reference.
Thanks for viewing. Leave your thoughts below, I will respond to all of them.
[ADABTC 20% LONG] Trading w/ Spectro™ MThis is a signal using Spectro™ M
The blue background means a reversal zone. After the first reversal zone, you will see the Specter Clouds (green area above price) predicted the price channel 9 days before it happened.
We see many of those "GREEN TRIANGLES" which mean that Spectro™ M confirmed a consensus on more than 20 indicators. So that was a strong reversal, and it was a very good and clean 10% trade.
I've been playing around with this bouncing - it's a fat and nice 20% channel
Right now we are much closer to a strong and old support than any other strong resistance, therefore the upside is bigger than the downside.
We didn't have any Spectro™ M confirmations yet, but still, this is an asset that you might want to watch closely if you're trading with Spectro™ M .
Targets around 15%~20% from entry.
Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org