ADA/BTC ADA sank 11% from 513 sats last Dec 16 and price is already trading just above the golden Fib 0.618. RSI also hit oversold levels which could sparks a potential relief rally to the upside since the drop is sharp. Otherwise, a daily close below 450 sats will increase bearish momentum to the downside again.
ADA/BTC ADA is still in an uptrend movement as long as we can keep this Higher Low series and holding previous support. Though the technical pattern is a rising channel (bearish) if price keeps respecting this upward support, the price can continue going up. I have pointed out in the chart where the price can move both directions.
On Sept 19 & Nov 18 ADA tried to test the resistance but was not successful however today the resistance has flipped and has turned into support following a test of 535 sats. The OBV double bottomed on 26th October and ADA has been in an uptrend channel ever since. Cardano has just released its incentivized testnet which will lead to the launch of Shelley and...
If Ada can break through the weekly resistance at 522 we could see a possible run towards 650. Seeing that the resistance has been tapped multiple times this is only a matter of time.
Blue Zone : Buy Zone Green Zone : Take Profits Grey Line : Best Entries Red Zone : StopLoss Area
ADA has entered consolidation stage at day timeframe. It means that we may expect it to swing between ~450-510 until it breaks into one of directions. This may be used either to accumulate ADA at the lower border of that channel and hold till uptrend starts, or scalp it on each swing. 1) Swing trade plan - buy at 440-450 and sell at 500. 2) Accumulation - buy...
Ill keep this short and simple. If your not long, your wrong. ADA has triple bottomed in support. Clear accumulation phase inside 400 sat region. ...Its time to shine ADA... **There is a lower high downward trend showing its cards.. BUT! We will break that wall down with ease. Trust the process. ADA PRIME XSR SIGNAL: Entry: 470-475 sats Target 1: 492...
The price fell off the diagonal support shortly on oct 22nd but is now back up. The OBV has been increasing with higher lows showing an increase in buying activity. This can be largely due to the positive news coming out of Cardano as well as the incentivized testnet snapshot which will happen in November. The Stochastic RSI looks like it is going to be...
Support trend marked in red Breakdown will mean for me a dive below. and if not then ... no breakdown will be)
Ada has breached the 522 level yesterday and it could happen again really soon because of the 4Hourly support holding for now. The purple lines are the current hourly targets.
Buy @ 465-470 Sats Sell @ 480-490-510 + Sats Stoploss @ 455 Sats
ADA for long term (frame 12h) ADA BUY 0.00000500 TARGET : 0.00000600-0.00000620 SL : 0.00000460
Base on chart 3rd fib of CARDANO has been started. Fibo and Targets are on the Chart.
Al parecer ha entrado en este canal ascendente, en graficos de una hora da entrada al cruzar las medias de 50 y de 30, ademas en el macd ha cruzado hacia arriba el punto cero. Aunque en graficos de una hora no es muy acertada, pues probabilidades hay de que se siga recorriendo a graficos con temporalidaddes mas largas. exponiendo no mas del 5% en...