ADA BTC Bittrex 4H up to 16MAY18 Crypto Trading Analysis (TA)BITTREX:ADABTC
4H Chart, also works on 1H, at this time Cardano (ADA) has tested the SUPPORT ZONE by the third time since May 11 hovering over it for 4 days since May 16, gaining strength to go up. The 50, 100, 200 MA Indicator is increasingly separating its 100/200 days signals (Orange Arrows), but the Stochastic RSI Index (Blue Arrows) is pointing toward a Bullish situation and the MACD even though has been diving bellow the Histogram for a while, we could spect it to move upwards for fresh air on the surface in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of sea to dive a deep more always. At this time the Market Cap is struggling on the 382 Billions and BTC is trying to reach the $8.5K. Good Luck!
4H Chart, también funciona en 1H, en este momento Cardano (ADA) ha probado la ZONA DE APOYO por tercera vez desde el 11 de mayo, surfeando sobre ella durante 4 días desde el 16 de mayo, ganando fuerza para subir. El indicador 50, 100, 200 MA separa cada vez más sus señales de 100/200 días (Flechas Naranja), pero el índice RSI estocástico (Flechas Azules) apunta hacia una situación Bullish y el MACD a pesar de que ha estado buceando debajo del Histograma por un buen tiempo, podríamos esperar que se mueva hacia arriba para tomar aire fresco en la superficie en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay mucho mar para bucear más profundamente. En este momento, Market Cap está luchando en los 382 Billones y BTC está tratando de alcanzar los $8.5K. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
CARDANOADA
Cardano .I made main lines from lows and highs.
I want to wait , how Cardano breaks that pink diamond.
You can see, how exactly diamond found place between most important retracements.
It´s a lot of room between FIBO.
I ´m owning ADA yet, so It´s just an idea to watch.
Please do not trade by my charts.
* This is nor a financial advice.
*Only for educational pursposes.
Cardano Upside potentialCardano (ADABTC) has been dropping following the rally from the last few weeks.
Price broke the daily ascending trendline and is now heading to the support level around 0.00003.
If price reacts from the support level, we can expect a new rally and new short term highs up to the resistance area around 0.00005.
If price breaks the support level, the next support comes at around 0.000023.
Good Luck,
CryptoTrendline
Cardano $ADA | Time To Get Back In | Trade 2 | 5/8This will be Trade 2 for my "0.01 $XBT to 1 $BTC" Bitmex series!
All targets were hit in the first run for a nice 2x. (Click the picture above to track first trade)
Now we are going for 6 targets for 75% + run. (I'll be using Leverage to allow even higher profit levels)
Buy Zone: ~3500 sats
TARGET 1 ~4050-4200 sats
TARGET 2 ~4400-4550 sats
TARGET 3 ~4800-4950 sats
TARGET 4 ~5200-5350 sats
TARGET 5 ~5650-5800 sats
TARGET 6 ~6000-6200 sats
Cardano's time?Something like a Cypher (in red the valid one) could be in formation (green)... but obviously it isnt a valid Cypher... looks more like a variaton (Nen-Star).
Anyway, in Cyptospace things are a bit messy and levels can be easily moved ... so.. just to have in consideration, we could see ADA explotion very soon.
Cause Im a real newbie student here.. this is just for educational uses and al comments, teachings, corrections, etc., are welcome!
Thanks!
GoodTrade
-CJ-
Cardano Upside potentialCardano (ADABTC) is in consolidation following the rally it made last week.
If the rally continues we can expect price to reach the resistance level around 0.00005.
If price goes down, the next support level is just below 0.000035, which coincides with the ascending trendline.
If the support and trendline are broken, we can expect price to go down to the next support area around 0.00003.
Good Luck,
CryptoTrendline
ADA (Cardano) potential drop and entryOn 4H chart, ADA sorting out bearish divergence and we expect this to be Elliott Wave 4 that ends around 2780 - 2800 satoshi levels.
We are not interested in buying Cardano before that level is reached.
We advise everyone to use laddering and start to ladder your orders in from 2900 till 2780 satoshi levels, then sell in wave 5 landing zone between 3705 and 4060.
2780 satoshi levels is previous resistance point that got broken 5 days ago without even testing it once.
Always remember - previous resistance becomes new support and broken support becomes new resistance!
If you find this idea helpful, leave a like, comment and follow us on Tradingview & Telegram!
Any questions? Want to get these ideas first? Feel free to DM.
Have a nice day!
ADA wants to step up to the base! Does he have the balls?Hello traders and enthusiasts !
I am "The Real Johny Button", legendary trader from wall street and Goldmans Sacks here to express my opinion today ! Lets dive into the scenarios lining up for ada:
Well this has been a funny end to a push across the market. It was lining up to be a nice 12345 Elliot wave on all coin charts just the other day, but something or someone played a trick on everyone and we have entered a big consolidation, yet to finish our wave 5 on all tokens within crypto. We only just punched over FIB level 61.8% sht! Could be manipulation but I will leave that to the other publishers to discuss.
Working on the 4hr chart we go fishing again...any fishys producing a nice pattern on my MACD...on my RSI...on the charts...I have a bite.
Ada has produced 3 tops on the RSI and MACD indicators, overbought and is a good sign there needed to be a reversal...and we got that. It has made 2 big, nice lows on the MACD, and some sharp action on the RSI. I am looking for 3 big waves on the MACD to look at trading back into the market. I will line that up with a TD sequential indicator, have an eject price in mind, and at that point i will enter if it all looks dandy. There are scenarios though...posibilities on what may happen, and what may not go my way.
Now we have entered a consolidation, do we go up or down? The scenarios im looking at are that we didnt complete the wave 5 properly across the markets charts, so i have a feeling we still have that last push up left to come. If this was a consolidation to move up, than on my visual above we have 2 possibilities i believe, which i will trade on:
1. Green line shows that the; MACD has made 3 lows, we make the wedge, hit the green lower line...and than we blow upwards in a day or so...wave 5 on the way
2. Pink line shows the first low on the MACD wasnt a low count; the price drops to the dotted line, makes a small push to the top of cons. and back to the dotted again...now we have MACD presenting 3 nice lows, and we are blowing up completing wave 5.
...If my reading is to wishful thinking and wrong, than we have:
3. it simply drops out of these lines because of a head and shoulders / double top / manipulation, i really dont give a fk, i just see it going down...down...down...I will hit my eject price level and play again in 1-2 weeks
Everything moves in 3's. I apply this thought to my charts and MACD reading. I call Elliot wave 12345, 3 waves up because thats just how i see it. 3 is my magical number and has proven to be a nice way to be on a good path for me.
So there you have it, like it or hate it...have a eject price in mind always!
Regards,
Johny Button