Lots of hype around ADA now with the mainnet release soon. But the chart doesn't reflect the hype. ADA is at support but this isn't a strong reaction. It's just consolidating and buying it now is a risky play. Sure, it could bounce to 1240 or 1700, but it could just as easily break down and drop hard. There are better trades to take elsewhere.
This chart is simple to show that altcoins like ada have a faster Phase and we can use them to predict what bitcoin is going to do, btc going to $8800/$8900 then retracement.
Looks bullish... but interested to see what side it tests first.
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
Just some support lines and trend lines to have in mind. It could go up further from here or it could stay here for some more hours and break up later. If it goes down, the green support lines are good buy-ins. (But only IF!)
Price forming a symmetrical triangle. Bollinger Bands tightening. Volume decreasing. All signs pointing to an impending move, which I believe will be upward. Good buy here. Current price: 1051 sat Target: ~1360 sat Gain: ~29% (short-term)
ADA / BTC TA Chart looks bullish for another 22% or more
$ADA Buy signal of the UCTS on the daily finally showing up as we get closer to the Shelley Testnet date on June 15... Volume Rising Trying to cross above resistance around ~1150sats Aiming for a Long position at any dip could be a good option. #ADA
Beginning of last year everybody was talking about ADA and that it will be next ethereum. I remember how everybody was talking about it, although it was just released and had absolutely no fundamentals besides Hope. Enough to move a market this high. Now look where we are at. Nothing was backed by this optimism besides the hype it didn't deserve at that time....
This is retrospective and I apologize have been busy in my day to day but want to start sharing more thoughts here. We had a beautiful 4 hr long sqz that is now playing the same on the daily. Accumulation in the red box *Do not enter here*
channel break tested and confirmed with solid break through the 100 DMA perfectly structured change of direction firm test of .07 support toying with the idea of breaking out of the .09 limit lots of open space available above .09
Hi Guys! We have the other delicious trade for you today. Some of you may already have seen this. ADA is about to start its rally . Why? Here are the technical analysis details : • The price has touched one of the lowest levels ever at 0.00000940 • Bullish ascending triangle observed – breakout at the level of 0.00001160 (let’s wait till the new...
I learned to cancel the noise as I'm an investor and not a trader. ADA and other large coins look good to long the next couple of years. We will probably see some downside as well but overall it looks like a good time to invest. I am an amateur and this is not financial advice though.
My excuse for the title is merely not clickbait as it's been seen on ada dominance chart is currently rising along side with ltc dominance while most of Altcoin (most of 10 biggest marketcap) is going down or consolidating. Currently it's testing 200 EMA on 4 hour chart and it's looking bullish from it's indicator DMI+ is rising significant, dmx is currently...
Enter the green channel, Il be happy $ADA 1350 is a good target but ~1200 might be resistive too