monthly ADA two months selling then relief rally 4 times alreadyeom time to load up on ADA for the relief rally
ADAETH trade ideas
monthly ADA two months selling then relief rally 4 times alreadybottom of the monthly range, EOM. Time to load up.
ADAETH | MagneticChart exploring relationship between oval fibs on eights. When squared, chart resembles polar magnetism model. Unlocked we have a Vesica Picis.
Not trading advice
ADA to dive in Wave CLooks like an Elliot Wave - C leg.
A good place to retrace- Fibonacci Level 50.
100 EMA also walking on that Fib level.
A Potential Head&Shoulder waiting if can break the Support line.
Compare to the race from 7th March- momentum is now slower and had a rejection on 15th March.
Another reason is too much marketing of Coinbase listing ADA, means Big Boys' game. They need to allure the small fish.
Simply an opinion.
Feel free to comment on my analysis
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00031260)
Ending of entry zone (0.00029360)
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= @ 0.00034090
TP2= @ 0.00036800
TP3= @ 0.00039000
TP4= @ 0.00043000
TP5= @ 0.00050500
TP6= @ 0.00054200
TP7= @ 0.00071900
TP8= Free
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 37.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00031260 to 0.00029360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00031260)
Ending of entry zone (0.00029360)
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= @ 0.00034090
TP2= @ 0.00036800
TP3= @ 0.00039000
TP4= @ 0.00043000
TP5= @ 0.00050500
TP6= @ 0.00054200
TP7= @ 0.00071900
TP8= Free
ADA (Cardano) - ETH (Ethereum) Swing-TradeHello there,
Cardano is picking up volume and the rsi remains positive.
There is a chance we test 0.000040000 and 0.000056000.
Though there is a possibility we test the lowest support at 0.00026000.
Have a nice day,
Roman
--------------------
Focus on the journey, not the destination. Joy is found not in finishing an activity but in doing it.
Hope you enjoyed it as I did reflecting on this one… :-)
Feedback would be awesome
There is a trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000333 to 0.000310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000333)
Ending of entry zone (0.000310)
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= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
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= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
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= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
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= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
ADAETH - Wait signal to SellThere is likely a continuation of weakness from this pair. So, wait for signal around the resistance and Sell then.
