ADABNB trade ideas
Cardano / Binance Coin: Bullish Flag Pattern FormationBalance Of Power Between Bulls and Bears:
Price is currently forming a bullish chart pattern and bears seems to be running out of steam,
MACD histogram is currently below the center line and ticking up - this signifies that bears are running out of power.
Entry Game plan:
We can wait for price to break above 0.0050 SAT and carefully observe the strength of the bulls around that price before we place a limit buy order at 0.0052 SAT.
Exit Game plan:
Depending on our risk appetite, we can place a stop-loss within the flag at 0.0040 or 0.0035.
Expectancy:
Potential profit from TP1 is 27%; second profit target TP2 from the entry point is 76%
Risk/Reward Ratio: 2.64
Sentimental TradeGet ready, wolves🔥
There is one more interesting formation for you.
Ascending triangle on Cardano crypto pair.
This formation looks similar previous one. However here is a bearish trend and the price entered into consolidation.
This might be a signal for shorters. but don't rush the trade and wait for clear breakout.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
ADA LONGADA will rise to the zero mark on 0.00% of Fibonacci retracement. Then if it doesn't break the level it will form a double top making ADA to drop again, but it breaks it, TP1 0.00800, TP2 0.00900 then if it doesn't after taking profit it will form a double top at that zone making ADA to drop again.
ADA/BNB Prediction AnalysisGood morning to all respected Investores and Traders,
I made a simple analysis for ADA/BNB
well, I choose to pair BNB because BNB is seems bearish because of BTC sentiment
I reckon you guys to entry at my sign to BNB HODLER
Entry, HODL until ADA become 2 USDT, time will tell..
Happy trading you all !!
Good luck !!
Best,
PS: This is not financial advisor or even education. Please DYOR before entry the market.
ADABNB ResetUsing the dynamic lines drawn with the using the Trident or Pitchfork tool. ADA is at its best to buy. What do you think? If you like me, if you want to receive simple analysis, follow me and do not forget to give a thumbs up.
Usando las líneas dinámicas trazadas con la utilizando la herramienta de Tridente o Pitchfork . ADA esta en su mejor momento para comprar. Que opinas? Si te gusto, si deseas recibir análisis simple, sígueme y no olvides dar un pulgar arriba.
There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis:
. CARDANO/BINACECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trade Setup:
We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018.
Beginning of entry zone (0.00740)
Ending of entry zone (0.00670)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00880
TP2= @ 0.01020
TP3= @ 0.01140
TP4= @ 0.01440
TP5= @ 0.01675
TP6= @ 0.01915
TP7= @ 0.02250
TP8= @ 0.02685
TP9= Free
There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis:
. CARDANO/BINACECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trade Setup:
We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018.
Beginning of entry zone (0.00740)
Ending of entry zone (0.00670)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00880
TP2= @ 0.01020
TP3= @ 0.01140
TP4= @ 0.01440
TP5= @ 0.01675
TP6= @ 0.01915
TP7= @ 0.02250
TP8= @ 0.02685
TP9= Free
Possible 10% on next Cardano BNB pump?0.618 yellow fib level was reached as target of the inverted H&S in yellow
Hopefully 0.618 green fib level (or simply yellow 1.618 fib level) will be reached as a target of the green C&H pattern on this next pump
Get ready
Just for educational uses.
If you like my ideas, please hit like, follow me and share this crazy things!!
Enjoy your profits if this is helpful for you.
GoodTrade
-CJ-