CARDANOADA
ADABTC MOONED!!! Now Its Time to CorrectOk guys,
So, with the news of of ADA being given additional of ADABNB and ADAUSDT trading pairs on Binance pairs, we pumped massive. From the bottom of Wave 3 to the top we had a 25% price gain. We hit a killer Wave 3 target at just over the 2.618 Fibonacci Extension zone of Waves 1 and 2. Now, we will be in a Wave 4 Correction.
As far as I can see, we have already completed our Waves A and B, and my reasoning is that I already count a 5 Wave structure up for wave 3, so the following Wave can't be anything other than our Wave A, and then what I'm counting as Wave B did not make a higher high. We hit a bearish spinning top on the daily where I have labeled our Impulse Wave completion, and this candle signals that the bulls have run out of steam and the bears have taken control.
Now, my target for the base of Wave 4 is the 0.382 Fibonacci Retracement, conservatively. There is a higher probability that we go lower, however the main range for retracement is between the 0.382 and 0.618 Retracement Zone. So we should likely correct here to atleast 2744 Satoshis.
I have given a Subwave count for Wave C, however it is mostly conjecture because we have not had a Countertrend to verify that Subwave 1 has hit the bottom yet. We could already be done with Wave 1 at the posting of this, or we could possibly go deeper. I am not sure at this point. I simply drew it out as an indication of a possible scenario that could be played and to extrapolate where the bottom of the correction could finish.
If you have any questions feel free to ask. I hope you enjoyed my chart and explanation. Always remember to practice proper risk management! And please don't forget to like !!
Happy Trading!!
Bearish Spinning Top Daily Candle:
ADA/BTC Possible upcoming playADA/BTC has been bleeding for quite some time now with little to no retraces and bounces.
We are reaching a an area at which a higher bounce or a full market reset is more likely. Would need to see a confirmation of support in the green zone to determine the entry better.
So far Range of 1500-1000 seem most likely for an entry point, going below 1,000 can push it to a an extremely low point at which it will have to bounce really hard from to push it back bullish.
I expect to see some kinda reversal happening first week of April, would like to see at least a couple of days in the support area, with increased volume to push us back out of it.
ADABTC Bittrex 4H up to 18APR18 Trading Analysis (TA)ADABTC Bittrex 4H up to 18APR18
4H Chart, also works in 1H, at this time the Cardano (ADA) has been floating on SUPPORT ZONE 3 for a couple of days after the RESISTANCE ZONE 1 became into support; the 50,100,200 MA indicator already crossed and is beein moving into an ascending pattern (Blue Arrows), along with a slightly ascending movement on the MACD and RSI (Checkmarks), if this properly explodes would be nice targeting RESISTANCE ZONE 2, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 336 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el Cardano (ADA) ha estado flotando en SUPPORT ZONE 3 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte; el indicador 50,100,200 MA ya cruzo y se está moviendo en un patrón ascendente (flechas azules), junto con un movimiento ligeramente ascendente en el MACD y RSI (Checkmarks), si esto explota correctamente, nuestro target estaria en RESISTANCE ZONE 2, pero mantenga siempre en tenga en cuenta que también puede caer. En este momento el Market Cap se mantiene sobre los 336 mil millones. ¡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"
You should must know this Before you miss cardano Bus ( ADA Btc)hey guys
I'm analysing ada cardano scince long time its formed bullish pennant chart pattern and my self I got enter in it when it got breakout from that bullish pennant
I have no plane to sale this strong 3rd generation crypto coin until I get 200-300% from this gem
roadmap update coming soon and its got 87% correction scince its last ath
its a worthy play to buy at this breakout
accumulation Zone 2100-2400sat
first target 3100sat if your a short player
target 4200sat
target 6000sat for Long Run (3-5months)
note= targets wont achieve overnight or 1-2 days it needs Hold and we shouldn't fear to buy at this dips after 87% consolidation hold it and enjoy the real profits
Good Luck.
Cardano Upside potentialCardano (ADABTC) has been rallying the last few weeks and is now close to the resistance level above 0.00003.
If price reacts from the resistance level we can expect a drop down to the support level around 0.000023 before the rally resumes.
If price starts dropping from the current levels, we can expect the same scenario as above.
If price continues to move up and breaks the resistance level, we can expect the ascending trendline to additionally support price on the way up.
Good Luck,
CryptoTrendline
ADA finally wants to awakeAfter Complete a perfect butterfly and reach the 1fib extension of BC trace, we could expect to go back to the .382 fib of same extension (2475).
Then, is almost sure that price will pump to 272-279.
We will take position on .382 fib and 1.6fib of BC ext (.786 and .236 of the total wave)
Its interesting what's happening because it looks like some Bat its appearing.
This is not a trading advice anyway, just for educational uses.
Good Trade!
-CJ-
ADA finishing out 2018 with a BANGWhere are we now and where are we going..... If 3rd major Wave only hits my 1.618 extention it would need to retrace to .236 to be valid for 5th wave up. However a more realistic 4 wave we need to go higher on this 3rd wave. On the short term and long term we are looking excellent from this point.
ADA/BTC --Binance 4hrDoing this for a friend but it will be frequently updated as I trade, providing Technical Analysis as the market moves. Trades will be posted and information will be kept fresh. Follow for continuous analysis on Cardano. My Ultra Long. Sorry for the brief description but the market doesn't wait.
--longmoney
TRADING WITH THE TRENDIdentifying the trend and trading with it is vital to your success as a crypto trader.
The crypto market can be an emotionally charged place and,
when traders start pushing the price of a coin in one direction or another,
other traders typically start to follow suit and push the price of the coin in
the same direction. When you see increasing momentum building behind
a moving coin, the chances are good that the coin will continue moving
in that direction. At that point you increase your odds of making money by
trading with the trend. Fighting the trend generally turns out to be a losing
proposition.
Trends tell you where prices will most likely be going in the future. If
traders are pushing the coin price higher you ought to buy the coin to make money.
If traders are pushing the coin price lower, you
ought to sell the coin to make money. If traders in disagreement
over where the coin price should go and are pushing the coin price
sideways, you ought either to alternate between buying and selling the
coin or wait until the trend is clearly up or down to make money.
PAYING ATTENTION TO SUPPORT AND RESISTANCE
Support and resistance levels are like the ends of an Olympic swimming
pool. Just as the ends of the pool tell swimmers when it is time to turn
around and start swimming in the opposite direction, support and
resistance levels tell you if the price of a coin is likely to stop, to
turn around, and to start moving in the opposite direction in the future.
Knowing where a coin may stop and turn around helps you to
enter and exit your investments at the most profitable times.
ada buy and sell strategy must see (cardano ada price analysis)hi guys
after raising from 1900sat-2200sat now its forming bearish candle on ada chart it may dump little bit to 2000 sat again ,at 2000 sat there is support so buy at support sell at resistance 2200Sat
strategy :
buy 2000 sat
sell 2200 sat
again rebuy after breakout 2200 sat one candle need to close above 2200 sat
for now its gonna sump to 2000 sat buy there and sell at 2200 sat (swing trade)