ADAUSDT formed another harmonic pattern |A good long opportunityAfter formation of consecutive Shark patterns the priceline of Cardano / TetherUS cryptocurrency has formed another harmonic gartley pattern and entered potential reversal zone.
This PRZ area should be used as stop loss point in case of a complete candle stick closes below this area.
We have a strong uptrend line support below the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.04502 to 0.04467
Sell between: 0.04529 to 0.04594
Enjoy your profits and regards,
Atif Akbar (moon333)
Cardanousdt
ADAUSD formed a bullish cypher | Another long opportunityAfter formation of bullish BAT the priceline of Cardano / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
But the MACD is strong bearish and Stochastic RSI did not give any bull cross sofar, i would suggest for secure trade we can wait for macd to turn weak bearish or a bull cross from stochastic RSI then buy.
I have defined targets using Fibonacci sequence:
Buy between: 0.04495378 to 0.04431146
Sell between: 0.04545635 to 0.04666967
Regards,
Atif Akbar (moon333)
ADAUSD has formed bullish Shark | A good long opportunityPriceline of Cardano / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.04519950 to 0.04355250
Sell between: 0.04705449 to 0.05075816
Regards,
Atif Akbar (moon333)
ADAUSD formed bullish BAT | A good long opportunityPriceline of Cardano / US Dollar has formed a bullish BAT and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.04359920 to 0.04331920
Sell between: 0.04426687 to 0.04526911
Regards,
Atif Akbar (moon333)
ADAUSD has formed bullish butterfly | Upto 26% profit potentialPriceline of ADA / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
I have used Fibonacci sequence to set the targets as below:
Sell between: 0.044990 to 0.041982
Buy between: 0.047318 to 0.052961
Regards,
Atif Akbar (moon333)
ADAUSD Possible Head and Shoulders PatternCardano (ADAUSD) seems to be forming a nice Head and Shoulders pattern, if the neckline decisively breeches to the upside then the minimum target would be around 0.20 USD. The price is currently being supported by the 21 weekly EMA, if a weekly candle closes below the 21 EMA then we should expect more downside action for the ADAUSD pair.
This is not financial advise, it's just for me to keep track of my own trading.
Happy Trading.
Cardano/Tetherusd - ADA/USDTCardano against usd, possible long trade.
shaded circle is the "buy range" zone are according to your risking tolerance.
long rectangle is a strong demand area. perfect buy price.
the small rectangle act as stop loss order, if price breaks down the demand area there are no guarantees the price will hang in there or keep falling down. always set a stop loss order.
ADAUSDT: max. 70% target, if......if it can get out from getting caught in its current confluence levels.
Only upon a clear breakout into the upper end of the buy area, I see enough potential for a 70% upswing.
Anything below is a no-trading area to me as ADAUSDT wan't really able to take advantage of the overall positive sentiment in the crypto-space.
read the description buy ADA for target 0.33 to 0.51 ALTSZNalt season started hope btc is bottomed out at weekly 200sma like 2014-2015 bottom.
this is the first cycle started which gives 7-8X return in next 6months.
stratergy for ada buy ada now at 0.04300 and exit in the range of 0.30-0.50 and end of the 2020 or when ada comes again in range of 0.06-0.04 buy again for final cycle which targets 40-50$. hope this my study helpful for anyone to make a financial freedom.
long live crypto.
ADAUSD - 1D Chart AnalysisAfter it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project.
Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value) but at this stage, the odds are not looking too favorable for the following days.
From the technical perspective, the price has bounced back from the lower standard deviation of the Bollinger Bands but the increase wasn't strong enough to change the trend direction.
On top of this, with the RSI having a neutral position and with the Stochastic registering multiple crossovers but without any major impact, it seems that the price will continue it's sideways movement in this bearish trend.
If the trading volumes will remain as low as we could see it in the last weeks, the price has big chances to continue is decrease towards the level of 0.0361
ADAUSD - 1D Chart AnalysisSame situation with Cardano.
Once the market capitalization has started to recover from the lost ground, it's price has started to increase since the 16th of December from 0.0268$ to 0.0430$ and has registered an growth of 60.44% until now.
But the beginning of the bullish trend was registered on the 17th of December, once the price has crossed the 20 days Moving Average at the value of 0.0334$.
From the technical perspective, we have some contradictions as it follows :
* the upper standard deviation of the Bollinger Bands has been reached, meaning that the price is in the "overbought"" area and a "correction" may come anytime soon;
* on the 21st of December, the price has finished the day at the same value where it started and it has created a Doji candlestick. Usually, the Doji candlesticks are indicating the market's indecision and a possible trend change. It wasn't the case here.
* the Stochastic is close to 80 but there is no crossover yet, meaning there are some chances to see a slight continuation of the uptrend;
* the RSI has recovered from the level of 28 in the last days but is only 61 now, meaning that the increase can go on;
* the trading volumes are not at the same level as 2 days ago but are still increasing;
* the MACD is still above the Signal, meaning that there is still more room for the price to continue it's growth.
In these circumstances, there are reasons to believe that the market is getting close to the area in which it will start to slow down.
This Slow down can be defined in 2 different ways :
1. If the trading volumes will remain the same as in the last 2 days, the price has big chances to get close to the first Resistance of 0.0492$ and then to go down to 0.0399$ which is the Pivot Level (the average price)
2. If the trading volumes will increase, we might see a slow down of the market for a couple of days, followed by another rally.
ADA BTC PULLBACKADA BTC now is situated into a rising wedge which means the price are make higher highs and higher lows in the final will be a nice breakdown
Stoch is overbought and also bear cross it s confirmed
Volume going down which is a bearish sign also
RSI below neutral zone
Target of this rising wedge is 905 sats(final target) which means -8.94% from the current price
This is only informative,it s pretty complicated now to make predictions for altcoins because all depend in BTC movements which is near a strong EMA cross at 1MONTH.
It s pure informative once again.that is my vision for ada
ADAUSD - 1D Chart AnalysisAfter it has dropped in November from 0.0706$ to 0.0388$ and it has registered a decrease of 45.04% (or 0.0318$), the price of Cardano has started the current month with the right foot.
The RSI had a slight return from the "oversold" area, the Stochastic has registered a crossover on the 1st of December followed by a small increase of teh price, which was also confirmed by the MACD as long as it's Moving Average has "jumped" above the Signal.
The contradiction comes from the lower trading volumes compared to the previous days and also from the Doji candlestick which was created yesterday, with the price finishing the day at the same value of 0.0419$ as it started.
Traditionally, there are some circumstances in which it is considered that a Doji candlestick is showing the market's indecision or a possible change of the price direction. But this doesn't seem to be too relevant for Cardano as we could see the same situation on the 23rd of November and the price just continued the drop.
Overall, it seems that without any news which can stimulate the trading volumes, the price has big chances to start moving sideways and to stay between the Resistance Level of 0.0464$ and the Support Level of 0.0398$ for the following days.
ADAUSD - 1D Chart AnalysisThe bullish trend has started on the 4th of November, once the price has crossed the 20 days MA and it was stabilized between the latest and the upper standard deviation of the Bollinger Bands. This trend was also confirmed once the price has failed to cross back the same 20 days MA, which in this case acted as a support level.
From the technical perspective, we can see the RSI being close to it's neutrality while the Stochastic's crossover is indicating that the bullish trend will continue. This is also confirmed by the MACD, as long as it's MA is still below the Signal one meaning that there is still more room for the price improvement and also by the trading volumes which seem to be increasing.
Although there are reasons to expect the price growth to continue, this continuation cannot be "aggressive" as long as the strong fundamentals seem to be missing. A reasonable target price can be considered 0.0807$ (the upper standard deviation of the Bollinger Bands) or 0.0849$ in extension.
ADAUSD - 1D Chart AnalysisAfter it has failed 4 times to cross the 20 days Moving Average, the price also stabilized below the Pivot Level based as well on a low trading volume.
It seems that the RSI is heading slowly but steady towards the "oversold" area, while the Stochastic and the MACD are clearly indicating that the price will continue to drop.
As a possible target price, if nothing else will happen in the meantime, we can consider the Support Level of 0.0702$