Hey to all! H4 Cardano price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying from the cloud. RSI is clearly overbought, and divergence is formed between the price and the oscillator. Conclusion: It is worth considering purchases in the Ichimoku cloud from key support levels of Fibonacci (50% - 61.8%). H1 The price broke...
Hello Traders, ADA/BTC seens to made a Bull Trap on important Resistance level, and the price is already bellow the Resistance, now we have two options for trading this asset, one of them is SHORT position if the price breaks this minimum acumulation to test this important support level, or breaks this resistance and acumulate above this level so we enter at the...
Bitcoin dominance bounced from 68% after touching the support multiple times, Looking at the current daily candle arrangments. It's very likely to Bitcoin dominance will slowly grow from here and face the next resistance at 71.3%. MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe. I am expecting Bitcoin to drop...
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.
ADABTC SHOWS SEVERAL SELL SIGNALS: - THE UPWARD CHANEL SUPPORT HAS BEEN BROKEN - The is a divergence between RSI, MACD with price. - price under 22 day MA Brief trade view: - Sell around 515 - SL - more than 528 - Target 1 - 488 - Target 2 - 450
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.
$ADA Thoughts in chart. Also, if you're long here, please keep an active stop-loss at all times. If $BTC decides to show some serious strength, where do you think this might head?
Just simply supply and demand. Be water my friend. Don't be a Retail Trader. My Personal Perception. Trade on Your Own Risk. Have a nice day! :) Leave your comment below> I am open for any discussions :) <3
On 2H timeframe there is strong short trend which is well confirmed by the volumetric method of analysis using the x-volume indicator. Purchase zone: 0.0635-0.0715. Levels thanks to X-Lines indicator.
ADA (ADAM19 BITMEX) Short update targets: 1520-1280
Wave structure is quite easy to recognize. ADA went into adjustment with the recovery rate for fibo 0.728
Price action breaking out of rising wedge. I am ready to short this thing. Details in chart. Leave a like/ follow if it helps.
ADA Can Trend Reversal Price are Moving in Channel Zone !! Trade Carefully !! Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
iF You are doing Trade Cardano Coin then you can see Trade Setup for SHORT Trading. open the Chart and See Price Level to take entry Exit with proper SL. Let see !! You can Also Set Stop Loss own Risk Reward Ratio. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Hi All, Hope all your trades are going well, It's All in the Chart. "Be Brave, Be Deterministic, Overcome The Odds, It can be Done." ― Stephen Hawking. Both Time & Change will occur with or without us. Start today by preparing to do what is necessary & by the time you realize it, you're doing what others perceive as impossible, due to their self doubt of their...
Observation, descending wedge however we can see potentially 2 points for a reversal. The good thing is the descending triangle that past, was indicating a further drop. However just like ETH, its breakout was up. A good sign. I think with the recent announcement for Cardano Foundation CEO resignation of Parsons could only be a good thing. If your going to go...