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Cardanobtc

ADABTC formed bullish BAT | Upto 16% bullish moveHi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fib projection level. Then we have witnessed that the price action moved up and entered in the target sell zone. This time the Cardano gave more than 20% profit for its traders on a short term 12 hour chart. A new harmonic BAT pattern: This time again on 12 hour chart ADA has formed another harmonic bullish BAT pattern and entered in potential reversal zone. And giving another chance to earn more profits. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci level. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be: Buy between: 0.00000441 to 0.00000431 sats Sell between: 0.00000465 to 0.00000501 sats So this short term trade can has capacity to produce upto 16% profit. Stop Loss: The potential reversal zone area that is up to to 0.00000431 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
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by moon333
1
ADA at strong supportWhile the world economy fall apart, crypto market also experience bearish mood, while still look much batter than S&P500 or any other index. Will crypto become safe heaven or not, impossible to predict, but it will certainly be the one to pump hard once situation with virus normalize. ADA price at support left since December'19/January'20. Used to be strong support, but since already cut through on last big dump, lost some of its strength. Still a good spot for a bounce. And week timeframe
by WiseAnalyze
1
ADABTC | local breakout potentialTechnical analysis of timeframes from 5 minutes and up to 12 hours reveals a high possibility of breakout at ADABTC pair There is a strong ascending trend support has been formed during last days. According to RSI we see that the coin is very oversold and accumulates momentum power. Fundamental analysis confirms that the price of Cardano is undervalued and intrinsic value is higher. Such situation arose due to Bitcoin market crisis thus we see a great entry opportunity for ADABTC pair. Entry range, stop loss and accurate targets are in Premium channel.
Long
by Skyrexio
4
💎 CARDANO/USD - Very bullish pattern right here! STRONG BUYHello everybody!🧑🏻‍🚀 If you like this chart THUMB UP!👍 CARDANO shows very strong pattern name "Ascending Triangle". Also we can see Stochastic RSI in the beginning of rising. With a strong crypto market we can see the breaking of the triangle and jumping to the drew level! Good luck! All targets on the chart! ___________________________________________________________________________________________________________ Subscribe to my channel and receive fruitful recommendations regularly! 😎 Here just clear and accurate ideas🎯! Max profit idea in crypto - 20%(BTC), Max profit in stock - 40%. Total profit more 300%. Trade my own funds. Consult privately🎩. Link to table with summary results: clck.ru
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by Fandorinn
3
ADABTC: Cardano Breaking a Massive RangeNot sure that it's a good idea to buy something (especially altcoins) at resistance but ADA got my attention. Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF). And I think ADA has a lot of chances to do that especially because of the hard fork in mid-February and also we should't forget about the high involvement of users in the test stacking event. If it will be able to claim 650 level and close above it I'm targeting: - 700 satoshis (scalp trade) - 900 satoshis (swing trade) Invalidation at ~580 sat.
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by Bitduke
! ADA Skyrocket ! - soon and here's whyHi! 1. Huge fall down into the lowest low. 2. At our current lowest (where we are right now) We see only sideways movement. = Big Money is not pushing the price higher while accumulating ADA coins slowly and steady without anybody noticing and without making any huge moves. The aim is to accumulate as much as they can without people noticing. 3. After accumulating has completed. We are now ready to get into the stage where we break out of the resistance zones and start huge green candles quickly so that no body gets in. Only after the prices already skyrocketed 50-100% people will start posting bullish charts or news on ADA. 4. Also we have !(WEEKLY)! Bullish RSI divergence. = This is a sign of accumulation as the price keeps falling down, the acceleration of its fall keeps decreasing = Whales and even other investors are buying up a given asset. Dont forget to hit a like and follow for my analysis! :) Have fun with big profit soon! :)
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by TradingandNews