I Think The Bulls Are Gonna Win ... What Do You Think ? Long or Short ?
Im trying the first scenario #ADAUSDT Entry zone 0.10800 - 0.10640 Amount: 10% from deposit Target: 1) 0.10465 2) 0.10230 3) 0.10000 Stop 0.10930
As I said in my previous linked idea it looked like ADA was looking for a retraction and it is now playing out by breaking down into the cloud! It still needs to validate as marked on the chart with the lagging span ( Purple line ) breaking the Kijun ( Dark Blue line ) to have a better probability. And to expand on the idea, I set a couple take profit targets...
Reasons to short again, fibonacci levels + oversold, elliot waves, equal to correction on the way. my entry was 0.083 the first TP at 0.073
potential next moves of CARDANO (ADA) against BTC
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
Hi everyone, Just a brief post to show where I entered a short position (red boxes), where I will add to it, and where I will close it (if everything goes to plan). One thing I think people who hold a bullish perspective must admit is that right now the price is facing a lot of resistance to rising. This is why after entering in the first red box at the 0.618 fib...
The purpose of this post is to have a quick look at the trendline for Cardano (ADABTC). Trendlines are the most important type of chart pattern. The trendline for Cardano (ADABTC) as drawn here on the Daily tf (red color) was breached slightly on May 28, 2018. Price action recovered right after and is currently attempting to continue its bullish momentum. A break...
Cardano (ADAUSD) is on a standard 4H Channel Down pattern (RSI 37.879, MACD = -0.010. B/BP = -0.0194) that is now consolidating (Highs/Lows = 0, STOCH = 48.465) the absence of a Lower High. The next Lower Low and our TP is 0.121695, with an extreme extension (based on the previous bearish Fibonacci sequence) at 0.107614. Medium term buyers are advised to start...