ADA/USDT Shorts
Here's our thought process;
1. Previous trend(uptrend) has come to an end
2. Using our channel projection strategy we've been able top predict future prices where price would likely bounce off (Note: on the EUR/USD Long I called yesterday, price bounced off right after touching our projected trendline, so it does work 😊).
3. Strong resistance tested multiple times, drawn as rectangle, coinciding with TL (trend line 🙃).
4. Using our fib projection tool, we've been able to predict the end of the trend also right within our blue resistance ✌🏼
5. Sell limit order placed 💪🏾
ADAUST trade ideas
ADA/USDT Shorts
Here's our thought process;
1. Previous trend(uptrend) has come to an end
2. Using our channel projection strategy we've been able top predict future prices where price would likely bounce off (Note: on the EUR/USD Long I called yesterday, price bounced off right after touching our projected trendline, so it does work 😊).
3. Strong resistance tested multiple times, drawn as rectangle, coinciding with TL (trend line 🙃).
4. Using our fib projection tool, we've been able to predict the end of the trend also right within our blue resistance ✌🏼
5. Sell limit order placed 💪🏾
we almost can buy the same as big player average price Wycoff logic accumulation phase is explain about big player buy back coin back from retail player who loss their hope and sell coin back to big player which take vey long time
we can check estimated price of bid player in accumulate phase using volume profile indicator
Now I think price is already pass accumulation phase to fist step of "mark up phase" because we can see SOS (Sign of Strength) that big player try to phase price up and show buying volume
last bull run POC can be act as resistance because retail normally sell their coin the get money back as it is retail behavior
ADA TM : 1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
ADA/USDT Gaining Momentum For a Rally From a Key Support💎#ADAUSDT has impressively surged above the descending channel and it's now in a critical phase to retest resistance turned support. The Point of Control (POC) of the VRVP Channel provides additional backing and boosts the likelihood of maintaining this bullish trend.
💎If #Cardano successfully maintains the retested support at $0.425, we expect a robust rally fueled by the built-up momentum at this level.
💎However, if CRYPTOCAP:ADA loses strength and slips back within the channel, dropping below the new support, this might suggest a reversal to a downward trajectory. The next crucial demand zone stands at $0.387, a level known for its significant bullish responses owing to strong liquidity.
💎On the other hand, if #ADA revisits this demand zone, it is imperative that the price firmly rebounds from this point to sustain the support. Failure to do so could intensify bearish pressures, deteriorate market sentiment, and potentially prompt further price declines.
💎Stay sharp and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and prepared to navigate you through the evolving dynamics of the #Cardano market.
MyCryptoParadise
iFeel the success
ADA - WHERE WE DO GO NEXT?ADA - broke out of the wedge pattern, signaling a preference for opening long positions.
We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher.
The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet.
Currently, the trend is bullish, which discourages short-selling. Therefore, I divided my strategy into two phases, as indicated by the arrows.
Once I reach any of these zones, I will look for confirmation and adjust my approach accordingly depending on the prevailing market conditions.
ADA oversold here, can pump to 0.6Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
To learn more about this project, check out our deep dive of Cardano.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Testing the support level at the bottom of the triangleCardano is currently testing the support level at the bottom of the triangle. This key point can play a crucial role in determining the future price direction. If this support level holds, there is a possibility of an upward movement and a price rebound to higher levels. However, if this support is broken, a continuation of the downward trend and further price decline can be expected.
Does Cardano have the potential to rise?📊 According to the buying pressure in the market, if the range of 0.470 units is broken and the price stabilizes above it, the price may increase to the range of 0.485🎯, and in the case of the strength of the range of 0.520 units🎯🎯.
📊 Otherwise, the price may drop to the range of 0.440 units.
Cardano (ADA): Rejected by 100&200EMA + Bollinger BandsCardano has had another successful rejection from 100&200 EMA and Bollinger Bands in a daily timeframe.
We are now at the middle line of Bollinger Bands, which was a logical move after a sign of overbought from the BB indicator.
Now that we are at that middle line, we are looking for a breakdown to happen, which would result in a movement back to lower support and a potential bounce from there!
Swallow Team
ADA Daily Chart Analysis - Long Target $0.62, Short Target $0.26NOT FINANCIAL ADVICE
TL;DR Bear Pennant / symmetrical triangle, No Trade Zone, wait for breakout. Long target is $0.62, short target is $0.26
BITGET:ADAUSDT has been trading in a symmetrical triangle (potential Bear Pennant) since April 13th. For me it's a No Trade Zone now, a breakout is needed to determine the direction of the next trend
Fairly respected fibonacci retracement levels highlight potential areas of interest
Disclaimer: The targets will change if a breakout does not happen soon, as they need to be measured starting from the breakout point
🟢 Bull Case
The target of a breakout from the resistance trendline 🟠 is $0.62, which is also where the breakout that led to the last leg down happened
Watch $0.58 (0.718 fib) as it is a previous key area and a High Volume Node which could offer some resistance
🔴 Bear Case
The Pennant target for a break below the support trendline 🔵 is $0.26, which is a previous key area and inverted 1.618 fib of the last leg down
ADAUSDT Short Term Roadmap 28-MayHello my friends
Cardano is getting squeezed to start a new move up.
The red lines indicate the range of the daily price range
According to the chart, I am looking for a suitable setup for a long position in the specified range
The confirmation will be done in 15 minutes
This post will be updated, please let me know what you think about it
ADA long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ADA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ADAUSDT - Possible breakout of resistence on 1h TFIf we close bullish candle above resistance, then successfully rest our resistend we can expect higher bullish movement, who can give us good opportunity to long position with reasonable RRR. But for this idea we need wait little bit for multiple confirmations as mentioned.