ADA Macro Thoughts$ADA Thoughts:
Wicked into the 18' yearly low, and found support back above it.
I would remain cautious here if you're bullish on $BTC. We could very well see a double-bottom form around the 830 level. If that breaks to the downside, we woud likely sweep the 17' low.
If you're looking to long, I'd wait on a sweep of the 17' low, or a daily close above the yellow POC level.
Cardanobtc
ADA/BTC long !Cardano (ADA/BTC) looks really juicy, retesting the strong longterm Support, perfekt to buy the Dip!
This is a high risk trade, so the Position Size shouldn´t be more than 10% of the Portfolio
in order to minimize the risk to 2%. Always keep in mind a strong BTC Pump could kill this setup fast
(Always use Stops in Altcointrading!!)
June 15 Hoskinson promises updates cardanoCardano is in an exciting transition stage. The project has long combined thoughtful product vision with research-driven specification and evidence-based development processes. Still committed to that rigor, we’re now making the jump to a new stage of development where first-ever-in-the-world new capabilities are delivered. The rubber is starting to hit the road.
As we are making this transition we recognize that we need a better way to communicate how Cardano’s 2020 vision is being delivered, and that we should do a better job keeping the community informed about our status against those goals.
Here is what we are doing to accomplish those things.
We are working on the redesign of the Cardano website.
You can see if that)
ADABTC – sweet breakout – 70% gain possible – 1 monthHi 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 1D bar opens above this level)
• According to the ascending triangle pattern theory the minimum target is at 0.00001433
• Since the beginning of May massive volume/interest observed
• Ichimoku Cloud - the price broke TenkanSen(red) and the bottom of the cloud .
This is bullish .
• Further targets possible
1. 0.00001500
2. 0.00001700
3. 0.00001950 ( 70% profit from the current price level)
So this looks promising.
Stay cool and don’t panic .
Let the price/chart to develop .
Are you in?
Let us know in the comment section.
Thank you for reading.
Hit a like to support.
MASSIVE Hugs!
WBM Team
ADA Price SqueezeQuick TA on Cardano ADABTC,
We see a tightening of the bollinger bands as the price coils within its wedge, signalling a possible breakout. Price has shown stability from the shorter to the longer MAs (50/100/200) in the subsequent days leading up to this squeeze, indicative of a likely break to the upside. Also note, the 50MA (in green) has crossed the 200MA (in red).
Based on support/resistance levels
RR Ratio about 3:1, quite favourable
Short term target breakout levels
1129sats
1217sats
Look at longer time lines to plot this possible bullrun.
There is a trading opportunity to buy in ADABTCTechnical analysis:
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001060 to 0.00000975). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001060)
Ending of entry zone (0.00000975)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= Free
Are you ready to hold ~ 1 or 2 years? $ADAWe all know that $ADA is a long term project, it's not the next TESLA...
Do you want to save your money from unsuccessful trading? Then $ADA is for you. You can collect a small amount every week, to get enjoy these money at 2020 - 2021 when the Cardano environment will be fully launched (Shelly, Stacking, Smart-Contracts... etc)
Resistance ~ 2000
Support ~ 800 - 1000
Enter(small positions only) ~ around support lvl
GL.
Just as Expected ADA below 200 maAnd of course the market never does what we want it to do. We bounced off the 50 ma. We have to see how much btc is going to drop to see how low this thing can go. If we can stay above the 50 ma then we have a nice pattern forming here. but if we drop we might will likely visit 1000 st. If Btc makes a 20-40% retrace on the weekly we might be in for a low ride on ADA. Ill be targeting .618 fib on btc and 6k area. if we break this current BTC support.
Either way we need a healthy retrace. Market looks very healhy overall.
Thumbs up if you love cardano.
cardano is risky.cardano is risky but could be more rewarding. I am confident and willing to risk a percentage of my portfolio for possible big rewards. As long as this thing stays above the 200 ma we should be ok. But with bitcoin looking suspect on the weekly we really have no idea where this thing is headed.
Thumbs up if your bullish on cardano.
Drop a comment if im dumb for going long.
Let me know what you guys think.
Thank you, Love, peace, and riches.
Cardano is a good buy.Obviously this is my opinion. We just passed the 200 ma. Very risky market. I do not have any stop losses at the moment, because i do not want to sell in these conditions. i have some early positions from 2017 and 2019 at around .04 so I'm ok for now. , but i will buy at 1000 st if we visit again. I like this project overall and i am willing to risk some of my portfolio for the LONG, LONG haul.
Please thumbs up if your bullish on cardano for the long term.
Also comment if i am making a stupid mistake let me know what you think please...
Thank you and blessings.
ADA - BULLISH LOOKADA starts to look really juicy. The BTC is in sideway mode and that's what the alts need so much.
We can see in chart a double bottom with higher low which might be the end of wave 2 of the bigger degree.
So, we may count that the greater move of the wave 3 is ahead of us. This wave will consist of the waves of lesser degree.
I am pointing out the red zones that seem important to me and I see them as my targets. These zones represent the resistances and lvls of the Fib extension.
Bottom is in for CardanoADA/BTC on the daily chart.
The alts are looking bullish, if bitcoin will not ruin the party.
On the daily chart of Cardano we can see a few things:
1. RSI has touched its second higher high indicating for strength.
2. MACD indicator has had its bullish cross-over.
3. Price has made a second higher high.
4. Price pattern (might be in an ascending triangle). Which is bullish.
The price bounced from the lowest support in history, all time low of around 900 sats. Indicating that this is a good time to buy.
Notice also how the volume is much higher in 2019 in march and may.
Entry: 0.00001009
Target 1: 0.00001355 (30%)
Target 2: 0.00001936 (88%)
Stop: Manual stop loss is when the weekly candle closes below 800 sat
my allocation in this trade will be maximum 2-4% , always trade with proper risk management!
Best regards,
APX DI Crossover Could Mean 1800 sat by end of JuneAPX DI Crossover Could Mean 1800 sat in June
The black line ( APX ) has entered below 20 - which indicates a trend slowing down (which has been down)
If the + (green) and - (red) DI cross over - we could see the beginning of an uptrend and 1800 sat in June
Long Cardano ADAM19 BitmexLong term triangle forming.
Should break out towards 0.0001100+, long position taken at 0.0001050.
Intending to take profit around 0.0001200+.
We should be seeing the beginning of a trend reversal lasting for a little over 8 days.
Price range can be confirmed by the MACD, RSI and Ichomoku Cloud.






















