With BTC dominating the market and all Alts waiting on a correction it will be hard to break that trend channel in the short term. Since when BTC broke the triangle from 20k, it create a very stable Trend channel, and looks like it will respect it for now. Mayer multiples are over 2 RSI (not very accountable) is also very high. We are definitely over the on the...
Many Alts did not move like BTC yet and are waiting for a drop in BTC dominance to have that liquidity falling on them. This month is crucial for the next move on the Alts market.
Hello dear friends - today I want to recommend to review this ADA / USDT coin. Formation of the flag (descending channel) with the continuation of the trend. As they say, a big player defused the situation in order to drive the price up again, throwing out non-believers ... we are waiting for a good profit on this coin.
In my previous ADA post I successfully predicted a +40% move of ADA. Since then, things have cooled down a little. Today, the pennant which has been forming over the last three days, has been broken on the upside. This bullish break out marks a new move upward for this coin. I've marked two areas of resistance on the chart. R1 based around the most recent local...
With BTC losing dominance many alts will pump receiving all that liquidity from BTC. ETH and ADA could reach their ATH just like BTC did really fast, so even though RSI is in the selling zone it would be wise to hold until it reaches 85 on the RSI, that rise could happen really fast, so leave your TP set up and SL in the green to make sure to rebuy it again on...
ADA/USDT has been following this channel since the early days of the Corona-crisis. During the recent influx of volume into the world of crypto this pair has seen some steady growth. I think there's more to be gained here. My first thought is that the upper trend line of the channel has be to be reached before we'll see any bearish pressure. Best bet would be to...
Hello my fellow friends, I was feeling artsy today, so I made this very colorful for you guys! Trying to test myself lately so this is an attempt to turn a very bloody day into hopefully a successful one. Lets see if the bulls can show up from here! Trade thirsty my friends! Merry Christmas!
ADA/USDT is currently performing very good, and in my opinion, it has more room for growth. Since earlier this year we've seen a upward sloping trend line develop. My take would be that this trend line will function as a resistance in the foreseeable future. I've marked the green area as a potential area to exit your long position, but waiting till the price is...
It looked like an inverse head and shoulders was forming, and we may be getting resolution of it at the moment. Price went up close to test the resistance level at about .148, we’ll see where this 4 hour candle closes. Looks like we may be coming to a resolution of this symmetrical triangle/bull flag around August 15th. Will Coinbase list ADA around that time, or...
The channel is being respected for such a long time now that we can easily place buy orders in the bottom of the channel. If you are holding the best thing would be to also place buy orders on the Fibonacci Retracement to make sure you will have a good average in case it falls.
Like I mentioned on my last analysis, the green support line is BTC salvation for now. We need to keep ourselves above it to make a move above 10k. Fear Index at 41 showing me we are still bullish in the short term, specially in the next hour (when China opens). I am also suggesting buy orders on TROY for now. I did call for a buy in VET when it dropped but I...
Formación de hombro cabeza hombro en ADAUSDT en 1H, posible objetivos la zona de soporte fibonacci 1.618. Esperar ruptura para entrar
textbook ascending triangle very easy trade nothing risky Like and follow for clean and simple charts
ENTRY: 0.0462 TP: 0.0450 TP2: 0.0435 TP3: 0.0425 SL: 0.0477 Chart time frame - 4H Time for reaching TP - 1D Follow, Like, Share or Comment Thanks on supporting! All best!
"Salam Aleykom" u say ada/usdt , i said HOT/Pair , Even 4 LongTerm . Bullish Is Coming Buy zone: 42-43 Stop Lost: 41 my Sell Target : 50 -> 20% Profit Mid Term : 70 -> 70% Profit Long Term: 90 -> 120% Profit
After reaching the targets ADA needs a cool off and retracement. It can reach the $0.08 $0.09 Targets but i expect a nice and deep retrace after hitting the targets. The overall market is bearish so soon or late we will see ADA downfall.