ADA short For more context on the broad crypto short, see:
Ada rejected off the 76 retracement and now under the 61. Shorting betting we do not break the 76 again.
Short ADA 0.32
Stop 0.38
Target 0.13
ADAUSD.P trade ideas
ADA intraday chartHi
It seems that ADA is moving a head of BTC and last week
strongly broke out its red resistance zone and now is pulling back
on its upper side.
This pull back looks like another impulse wave and can
be wave 1 and 2 of wave minor of wave 3 intermediate but
I guess it is better to give more time to show its bullish strength
in the next week.
I am waiting to see its reversal and count another 5 waves bullish
to confirm it is perfectly in the bullish rally.
Thanks
Bye
ADA long term targetAs the TVL in DeFi continues to grow, ADA could possibly hit the FIB targets again like last cycle.
Beginning on the new bull runPrice has clearly shown what it's direction and destination is. So I say hop on for the ride.
Cardano ADA
After the breakout of 330 support and confirmation as resistance, I expect an eagle attack and continuation into the nest.
Only if a close above the resistance is valid can it invalidate this idea.
ADAUSD crossed over the MA200 (1d). Buy signal.ADAUSD crossed over the MA200 (1d) after 5 weeks under it.
The main pattern is a Channel Down and the last time the MA200 broke after a bottom, made the price peak near the 1.382 Fibonacci level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.44000 (under the MA200 1d).
Tips:
1. The RSI (1d) is overbought. The other two times it reached that level this year, one was at the start of an uptrend (straight after crossing above the MA50 1d) and the other at the end of the uptrend (but the MA50 1d has been broken much earlier). This time the MA50 (1d) just broke today, so it is more likely that we are still at the start of the uptrend.
Please like, follow and comment!!
✴️ Cardano 8X Leverage Full Numbers (Adults Only)Full numbers for the ADAUSD/ADAUSDT trading pair.
===
LONG ADAUSD
Leverage: 8X
Buy-in: $0.275 - $0.291
Targets:
1) $0.311
2) $0.350
3) $0.383
4) $0.444
5) $0.480
6) $0.551
7) $0.595
8) $0.652
Stop-loss: Close daily below $0.270
Potential profits: 1008%
Capital allocation: 3%
===
This is not financial advice.
Remember leveraged trading is high risk and for experienced traders only.
Trade at your own risk.
Namaste.
ADAUSD (Daily) - Bullish reversalHi Traders
ADAUSD (Daily Timeframe)
Waiting for the upward break of 0.305 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.262 would cancel the bullish scenario.
Trade details
Entry: 0.305
Stop loss: 0.262
Take profit 1: 0.331
Take profit 2: 0.373
Score: 5
Strategy: Bullish reversal
Cardano to 80 cents by 2024- We may be engaged inside the start of a W3 right now and could experience massive gains if this is to be the W3 drawn out. If this is to be true then we have finished W2 and need confirmation of a breakout above W1 to confirm we are in a W3.
Cardano looking risky- Cardano must break above the resistance of this channel or it is doomed. Where I have drawn the circle is where the resistance of the bottom of the channel is it at with price. We tried twice to break above it and since then loss momentum and turning over. It is a matter of time of when this thing breaks down.
ADA price touching supportCardano ADA is one more time touching support on the monthly after a few years. Cardano fundamentals and DEFI are growing stronger every day and Cardano TVL is getting closer to the 600 million ADA ATH mark. Very soon the ADA bull market will be confirmed.
ADA USD Short update 1my next update will be in 1 day and 18 hours (after the current 3 days time frame bar close).
ADA H4 ChartHi
ADA was not successful to break out the red resistance zone and so
like BTC is playing its corrective waves under this zone but what is
different for me is that ADA is still making wave 1 and 2 of different
degrees and this behaviour remains that idea of having a long extended
wave 3 (Intermediate) probable.
I recommend to wait till Red Zone is broken-out.
Thanks
Bye
ADAUSDT POTENTIAL MOVE Cardano has hit its major low recently and it might be set to take off anytim soon. Nevertheless, this is not a good zone to decide such moves. If ADA could break the Bull zone indicated in this analysis. There's 90% possibility that it will surely retrace to an order block or a good resistance point to begin with. At this point, a good buy will be the best option.
The bear breaking point is the point where cardano might continue to experience more downside. If it is still within this two zones then it is not advisable to take any longtime trade outsice this levels. Considering the present market such bearish movement is unlikely to happen.
Becareful with your investments and trades with Cardano
ADA Ascending Channel Go UpADA go boom! Rise high, high like big mountain. Look for it between 0.31 and 0.32, special numbers. We see channel, like path made by ancient ones. Lead us straight to big treasure. Fib levels there, ancient signs say so.
Trust me, I know the way. I see fire smoke, it show me things. ADA's path clear, like river flow. Dance in channel, tell us up, up it go. Market spirits talk to me, whisper big gains.
When moon up, stars say yes, we strike. Sky open, ADA fly like huge pterodactyl. But no worry, friend, I read signs, track footprints. I know ADA ready to move. We ride wave to big success.
Gather gold rocks, shiny shells, pretty stones. Get ready to trade, sharpen instincts. Time come, ADA rise, break all rules. Trust ancient wisdom, we get rich together. Path to riches ahead, friend.
✴️ Cardano Bulls Are Preparing (Calm Before The Storm)Nothing changes here when it comes to the bullish bias/potential, Cardano continue aiming higher.
We just saw three days closing red, just as we saw 3 days closing red late June... These are normal retraces and they will continue to take place.
On the other hand, the low 10-June is getting further and further away.
I have to admit that this chart doesn't look strong... But that is how it works, it always starts at the bottom and then goes up.
The strong correction already took place.
We are seeing the calm (consolidation) before the storm (bullish impulse).
Namaste.
Cardano headed for massive upside- We have just completed Wave 2 with the fib retracement of .886 where the shaded white region is. There was a bounce off the .886 and this gives me a sign that we are about to engage in take-off to massive gains into this Wave 3. Let's be patient and see if we can push through resistance at 0.45 cents. The risk/reward is there to buy Cardano though I like the price here.
ADA H1 Chart UpdateHi
ADA is making a powerful consolidation zone under RED ZONE and 2
waves 1,2 (Minuette and Minor) were made confirming a powerful break-out but please
consider price action and without trigger do not rush to buy.
I will give you all updates step-by-step
Bye
Cardano could be preparing to hit $0.35 this MonthCardano will have a chance here if it breaks the neckline of this Double Bottom Pattern with the body of the candle to hit at least $0.35 this Month, I think it is a good time to buy ADA, fingers crossed and good luck!
ADA H1 ChartHi
It seems that ADA finished its wave (2) intermediate in the Fibo level
38.2 - 50 and then terminated wave 2 minor in fibo level 78.6.
Confirmation of this analysis is Red Resistance Zone Break-out.
Thanks
Bye
ADA Intraday ChartHi
It seems that ADA is making continually wave 1,2 of different degree that can be a signal of impulse extensions mostly in wave iii.
Both waves i and (i) retraced to 50 %.
Wait and see
Bye
