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Cardanobitcoin

💡 Don't miss the great buy opportunity in Cardano/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00000645). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Cardano/Bitcoin (ADABTC) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.00000845 TP2= @ 0.00000990 TP3= @ 0.00001220 TP4= @ 0.00001585 TP5= @ 0.00001940 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Editors' picks
Long
by ForecastCity
14
💡 Don't miss the great buy opportunity in Cardano/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00000645). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Cardano/Bitcoin (ADABTC) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.00000845 TP2= @ 0.00000990 TP3= @ 0.00001220 TP4= @ 0.00001585 TP5= @ 0.00001940 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
19
ADA.BTC (Y20.P3.E4).Bullish structure taking placeHi All, Some thoughts around ADA in the short term. All Bullish. If we look at the ADA.USDT chart, we can observe below why it made a break out. Note the following: > fib level and how the EMA ribbon has confluence for the 8 HRLY and the candle sticks. > the next level is a strong resistance with a no. of rejections at this level. But eventually it will break. > So if it doesn't break now, it will in my opinion form a bullish micro formation just underneath for there is too many things going on for ADA, in the news. :::::::::::::::::: Observations ::::::::::::::::::: > Breakout was caused by a bottom W formation under the resistance as per chart below, for ADA.USDT. Soon to test the next resistance. > All 3 indicators on the 8 HRLY, show bullish reversal, WT signals crossed over, waiting on the MACD. :::::::::::::::::: My thoughts :::::::::::::::::: > I have drawn the channel lines and potentially 2 scenarios. We cannot ignore this bullish candle. Macro level targets based on inverted BARR strategy :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ADA weekly chart > Conclusion, more room to go higher Note indicators and MS\MR (monthly support and resistance levels) levels Enjoy, Please give me a like or tick for this post
by ssari
2
ADA/BTC: Assessing ADA's Insane Parabolic Move 2D (Jul. 27)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ Parabolic moves are extremely common among cryptocurrencies, as there are no market brakes like the stock market. In this analysis, we analyze ADA's insane parabolic move through the parabolic curve model, and assess its probable next moves. Analysis - Firstly, a parabolic move is normally consisted of 4 bases, or phases of consolidation - It starts with the asset consolidating and breaking out, only to consolidate at higher levels - This step continues as the asset keeps breakout out to higher levels during shorter periods of time - Eventually, this leads to the formation of a parabolic trend - In the case of ADA's BTC pair chart, we can see that it has already gone through four phases of consolidation, marked by base numbers - At the end-point of base 3, the asset is normally most likely to double. - ADA has seen a 80%+ move from the end-point of base 3. - As the parabolic trend extends, not only does ADA have a hard time reaching new highs, it also has formed a massive extended bearish divergence - The bearish divergence shows higher highs on the price and lower highs on the Relative Strength Index (RSI) - The Moving Average Convergence Divergence (MACD) shows a potential death cross as the bullish momentum weakens What We Believe We believe that ADA had a phenomenal bullish rally. However, considering the nature of parabolic trends, it's important for traders to wait for further confirmation for a bullish trend negation. Let us know what you think in the comment section below Trade Safe.
Short
by XForceGlobal
12
ADA (Cardano) Looking BullishMonthly level has been touched first in the form of green candle. Monthly level was tested 1st time in the form of red candle. It means two tests have been rejected. At the same time the red candle is going to test monthly support level at 1254. So 1486 is the monthly resistance where as monthly support is at 1254. As Monthly level 1254 had been broken so it is normal to retrace back to test the 1254 zone which would have become support. Analysis says that ADA is going to retrace back after testing the support at 1254. I have described almost all the possible situation. Now you can trade according to the analysis. If you want to enter into ADA trade, just wait for ADA to test 1254 level. If it is rejected from 1254 then it would be a Bullish move.
Long
by SmartMaxi
Don't miss the great buy opportunity in ADABTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ADABTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 88. Take Profits: TP1= @ 0.00001359 TP2= @ 0.00001500 TP3= @ 0.00001695 TP4= @ 0.00001900 TP5= @ 0.00002410 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
12
Don't miss the great buy opportunity in ADABTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ADABTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 88. Take Profits: TP1= @ 0.00001359 TP2= @ 0.00001500 TP3= @ 0.00001695 TP4= @ 0.00001900 TP5= @ 0.00002410 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
20
ADA/M20 (ADA/BTC) Ichimoku 4H Follow up on Short playAs I said in my previous linked idea it looked like ADA was looking for a retraction and it is now playing out by breaking down into the cloud! It still needs to validate as marked on the chart with the lagging span ( Purple line ) breaking the Kijun ( Dark Blue line ) to have a better probability. And to expand on the idea, I set a couple take profit targets with the first at the previous retracement level, the second the bottom of the cloud, the third the last historic cloud support and if that also doesn't hold I don't see why it wouldn't go all the way to test the 200 EMA at take profit 4. As the M20 is leveraged trading this could be a good setup, but be careful. If you like my ideas and the work I do check out the links in the signature ;)
AShort
by VrotteOtter
Cardano Looks Set To Fly Or Fall Out Of The Nest RSI has just pushed into overbought territory and tinken-san (fast moving average on the ichimoku indicator) is still struggling to rise above kijun-san. However, the monthly chart reveals momentum is good and with the current weekly candle now trading inside the emerging cloud, IF price can get above the current resistance level (gold horizontal at 9 cents) then a rise of 300% through the cloud region up to the next key resistance at 36 cents could happen quickly.
BINANCE:ADAUSDLong
by Sparkster
2
CARDANO HTF SYM TRIANGLE PLAY ADABTC forming a bullish Sym triangle which normally would play out to the upside, however pending BTC action we may see all alt coins take further dumping as BTC pumps. Currently waiting for confirmation on ADABTC before taking any positions, will be waiting for the break then re-test/hold of either side of the triangle in order to take positions either way. Play for either direction is below; LONG PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way up: 590, 620 & final TP at 680 SHORT PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way down: 510, 480 & final TP at 450 LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
by Irezumi
ADABTC Buyer recovery before continuation First of all, congratulations to all who followed my ADABTC call ! 10%+ gains a day keeps the doctor away! After letting the dust settle, I will only be looking for SHORT re-entries on ADABTC, will be looking for continuation patterns aswell as weak buyer recovery for confirmation in order to make a final decision on the re-entry. IDEALLY we would be looking at a slow & weak buyer recovery over the next few days up to the golden pocket range for Fibonacci between 0.618-0.65 in order to take our SHORT orders for the next leg down. If bullish buyback seems extra weak, I will be looking to DCA my entries from the 0.5 Fibonacci line upwards to the 0.618-0.65 golden pocket. TP's on the way down we will be looking at structures to the left, 555, 540, 525 & FINAL TP within 507->500 golden pocket zone of our initial swing low to high uptrend. If we reach the zone between 507-500 & the zone holds as support I will re-assess to take LONG's from this retracement. LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Short
by Irezumi