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ADA is sitting in a wedge after creating a hard support line. Wait for confirmation in the form of price action breaking through the top of the wedge or bouncing off the established support. Take profits at target.
Ada has been coiling for a few days now. Hopefully breaks upwards explosively. Managing risk with tight stop loss.
Bullish flag on ADA Chart
After a breakout, Possible buying zone: 1205-1215 Sats
Target 1: 1275 Sats
Target 2: 1350 Sats
just playing waves and we are onto sub wave 3 of main wave 3 (the one with best returns).
the previous sub 1 and 2 could be classed as main 3 and 4 but due to the fact that the last drop from 1300 sats fell below the top of main wave 1 would invalidate that structure leading me to believe we are about to see a big push up to complete the main wave 3 and ...
Welcome! To start off, ADA has been making a wedge formation that is neither leaning bearish or bullish , but it would be my expectation for it to break upward with our entry being at point D after the price bounces off of the lower trendline . I've added what I'd like to see the ichimoku cloud change to on the chart above; a thinner cloud indicating decreasing ...
While bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself.
First trade is already in progress.
My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch ...
I have been posting about ADA' a few times now the past 2 months, this time i am NOT going to give a short term view but only going to do the long/mid term view. Just too much noise on the lower time frames lately. TA is quite useless on the low time frames because Bitcoin' is moving too randomly. Each time when it looks to make a rally it drops and each time when ...
Cardano’ (ADABTC’) hit bottom on the 12th September, much like many other altcoins out there, and then it started to move up.
The price at which ADABTC’ found support, is the same 2017 breakout prices before the bull run, so ADA removed 100% of its gain in this bear market: https://www.tradingview.com/x/m1v4tDjk/
- We have increasing volume.
- Very bullish ...
Just a "believers not a traders" GUESS.
If you miss this, I seriously not sure why you even login to tradingview.
Remember this, we will be building mountains on top of the mountain. Never to see this home again. This time will be DIFFERENT.
THE WORLD IS ABOUT TO SOMETHING UNLIKE IT HAS EVER SEEN. 1+1+1=3
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Seems that Cardano is about to go up
Good signals for now:
1. Recent breaking of a narrow Bollinger (up)
2. RSI / MACD / KDJ bullish divergence
3. MACD bear-bull reversal
Indicators to confirm a bull:
1. K > D
2. 9MA > 50MA
Clearly seeing selling climax in many alts followed by low volume - typical of bottom.
Whales not ready for mark-up yet, as BTC were held down at 65xx.
Need one more test of supply and shakeout as below:
I will try to profit some by shorting XLM. Two scenarios are possible - breakdown from current level or entry on fakeout (if it will be successful). Once the first entry will get filled in, I will cancel the other one.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ADA is one of the 3 of the 5 coins left to be released on coinbase according to coinbase announcement in july 2018 . Coinbase stated ZRX, BAT, Zcash, ADA, and XLM would be the next coins to be listed . With ZRX AND BAT out of the way that leaves these 3 left Zcash, ADA, and XLM. Its anyone guess which coin it will be. 1 huge upside to ADA is its currently 7 cents ...
This is a follow up to our last Cardano idea that busted.
So, without further ado, let's check out what's going on:
As one can see above, Cardano is still in the midst of its traded range.
We called a short on this before from 1200 with a really tight S/L on it (-2.38%), but that S/L ended up getting busted the same ...
Inverse head and shoulders
ABC wave still have a wave up if it bounces off very strong trend line
Something key to point out here is that ADA could still experience a a large drop if broken downward from this range, as it is resting above support right now. It appears ADA has consolidated and started to trend upward. That being said, still facing some tough resistance, and I drew some large resistance levels above in the green boxes.
Some pretty good and ...
Emurgo and Cardano formed a partnership with IronFX - forex exchange platform. The reason for this partnership is to crowdsource raise $22.3 Million in a private sale, to build a new exchange by the end of 2018 - IronX. Emurgo is a parent organization of Cardano, that has announced its’ plans to use ADA token as a base cryptocurrency in the IronX exchange. a new ...