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$ADA is on the brink of completing accumulating. Ready for target 1 and 2.
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 ...
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
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.
here is another perspective of my previous analysis instead i have drawn it on the 4h chart!
as you can see ADA is forming Inverted head n' shoulder .
you can see on the blue falling wedge that we stil have room to drop.
the rsi shows we are expecting more downside but thats ok ,if the blue falling wedge plays out everything would go as ...
Bullish ascending wedge playing out here. Wait for a a move above 1200 satoshis with convincing volume.
Scaling in down to 805, stop loss 785. Big target of 980 for a 7:1 trade.
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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 ...
with possible coinbase listing, broke resistance
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
Warning sign as Bitcoin (XBT) finds resistance below previous range low (red horizontal). Stops taken above, is bitcoin
preparing for major downside? Confirmation on swing shorts would have to a break of the major pivot holding price currently.
Ada retesting support that was resistance before also it will added to coinbase easy 30-50% profit
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 ...
ADA’s livelihood is contingent on BTC's strength. Meanwhile Bitcoin is in perpetual limbo and seems to be running out of patterns
as time is running out. Where do YOU think price is heading?
Please leave a comment with a chart and let's share our thoughts! =)
linked is my original DNTBTC analysis, Mondays High has found support and DNT has had an impulse move to the upside and holding new support levels. Confident in DNTBTC more upside to come.
break of range Litecoin likely to push much higher.
Daily Demand + Key S/R level confluence.
***if*** we do something like this, that will be a good setup for going long.