Page 6 | Cardanoforecast — Trading Ideas on TradingView

CARDANO (ADABTC/ADAUSDT) Daily Trade Setups 2021/02/19 Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin & Ethereum! Trade Setups Below are the potential trade setups that I would be interested in trading: ADSUSDT Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ ~$0.875 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #2: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to $0.98 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ $0.98, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out ADABTC Long Trade Setup #1: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to 2110 Sats and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ 2110 Sats, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!

ADA 12h Level $0.92 will decide where the next movement Well, the buyers reached a goal of $0.90 from the previous idea ADAUSDT without abnormal efforts. The price only once tested the level of $0.6 from above after breaking through and continued to rise. The most recent high ADA is $0.98. An interesting picture is emerging now. At night, the ADAUSD price was shed quite strongly to $0.70, however, buyers bought back the falls and formed a Pinbar at the 12h candlestick. Such a candlestick can be a signal for continued growth. You should closely monitor the price behavior around the level of $0.92 If they can gain a foothold above $0.92, then the way will open for growth to ATH $1.33 However, if sellers activate aggressive selling and do not allow the ADAUSDT price to gain a foothold above $0.92, then we can expect a rather strong fall or correction - at least to $0.60 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)

ADA 12h What is closer for you $0.90 or $0.38?The growth option above $0.48 in the ADAUSDT pair was definitely not our priority. But ADA buyers decided otherwise and organized a shock weekend. The channel was confidently broken up on high volumes. Caught up the Cardano price to the level of $0.708. Now the price is in consolidation. If buyers show for some time that they can easily keep the ADAUSDT price above the level of $0.58-0.60 , then the growth can continue to the next level above $0.90. In case of aggressive sales and confident fixing of the ADAUSD price below $0.60 , sellers will start a local fall trend with the target to test the level of $0.38. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)

ADA 12h How much more strength for growth?Below $0.30, aggressive buyers did not let lower the ADA price, keeping it within the channel. The price is now moving up, refreshing the recent high of $0.40. Now, the price is moving to the upper limit of the channel in the zone of $0.47-0.48. And there it is worth thinking about whether it is worth continuing to keep the ADAUSDT long or it is better to take profit. Or maybe just put a short stop so as not to give the deserved profit to the market?) After all, further the scenario with the ADAUSD price fall to the lower limit of the channel $0.34 may start. Though, the real protection and aggressive buying were carried out in the liquidity zone of $0.23-0.28. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)

ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing. After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers. What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38. In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)

ADA - 4h. Buyers are preparing to attack $0.38-0.4.Two days of falling in the ADA market did not change buyers' plans to continue growing. The ADA price tested the price range of $0.295-0.308, which we defined in the previous idea : The test of this range took place at high volume s, which proves buyers' interest in the coin. As you can see from the previous idea, the price went according to the second scenario, breaking the local trend line of buyers, which they controlled from January 1. However, we can't announce the end of the growth trend. The ADA price stopped its aggressive growth before the strong liquidity range of $0.38-0.4. Given that buyers have the strength to keep the price - the first short-term target is a second attempt by buyers to break the range of $0.38-0.4. The critical point of this scenario is the mark of $0.33 . If buyers can not keep this mark - buyers will again have to defend in the range of $0.295-0.308 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!

How to Trade ADA After The 85% Price EXPLOSION!In this technical analysis we will take a closer look at ADA. It's been absolutely fantastic to see the price grow to these crazy new highs. It's been a long time since ADA traded near the $.30+ level, and we would have almost forgotten that the all-time-high was actually slightly below $.40. It's very difficult to chart what will happen above the all-time high so I will focus mostly on the journey towards it. An obvious first target for ADA is 0.38 here, a level slightly below the resistance. You can also choose to try and hold beyond the resistance but I would suggest against it. The best strategy for trading coins near all-time-high must be taking profit slightly below the all-time high, then waiting, and then seeing if the price can break through. If it does break through you can enter a long and buy on the breakout slightly above resistance. If it doesn't stay out of the long position because a rejection might happen which can greatly reduce the value of ADA in a short time. Buy a much lower point again in that retracement so you are in a long position again on the second attempt. This quick selling and buying near ATH will only cost you a few % max in profit, while giving you a fantastic benefit of more certainty. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!