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J-ADA

Trend and Potential SwingsCardano exhibited a consistent overall trend last week, which suggests the possibility of this trend persisting. The price range of Cardano shows it has been moving between a resistance level of $0.27 and a support level of $0.24. The chart's dynamic resistance remains robust, with buyers unable to breach it. This increases the likelihood of a potential test of the lower boundary of the price channel. In the context of the 4-hour timeframe, buyers have made few attempts to overcome the previous peak during the downward trend. As a result, price ranges below $0.25 are seen as areas where significant market participants are active, aiming to preserve liquidity. This makes it highly probable that the price will reach these levels. A more specific support area, known as a reaction zone, is identified around the $0.234 mark. It is anticipated that Cardano could experience a positive upswing from this zone, potentially reaching the upper boundary of the range channel.
by MonoCoinSignal
7
ADAUSDTThis is a 1D frame analysis for ADAUSDT The price of Bitcoin has tested its static support band for some time and is currently above the support line. The candle has started to move upwards with a shadow a few days ago, and we can expect a price increase, but keep in mind that as long as the price is above the support line, we can expect a price increase. If the price can maintain itself above the support line, it can experience higher prices for a long time. But don't be fooled, it is possible for the price to go slightly higher and be pushed back by selling pressure and experience more volatility. We have mapped out support and resistance areas for you dear friends so that you can use them in different situations.
by MarsSignals
‼️Rebound soon! Bitcoin is approaching a key level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Again we get a powerful FUD and again the market reacts with a strong fall, there is nothing unusual, we work further friends Attempt #2! I try again to take a long, but more positionally. I act in the usual way for myself, I will arrange a grid of orders for additional draw. 30% of the deposit with 5X leverage. Technical: bitcoin is slowly approaching the key support range of $25,200-24,800, the last strong buyout after a similar spill was from there. (I'm not saying that the situation will repeat itself again, I'm just guessing). Stop set a little further than the local LOW. Deal plan: ▪️Entry - 25,850/25,333/24,955$ ▪️Stop - $23,950 ▪️Take - I will update. Guys, a huge request do not climb on the rampage, observe the risks and with a small profit, try to move the stop to no loss, they can bang again in the direction of the loy, so be careful!
Long
by DanilBlinkov
ADA - Short Entry TriggerI entered a short here on Cardano. Showing signs of weakness after a solid pump. A healthy retracement seems like a higher probability outcome. Looking to take profit right above the #GoldenPocket 1.5% Risk on trade -------------------------------------------------------------------------------------------------- Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Short
by Navitility
ADAUSDT (Cardano) Potential Bottom Formation Explored💎Attention, Paradisers! An imperative update on #ADAUSDT is here. We've pinpointed another pivotal bounce off the support for #Cardano. Following a verified daily dip below the 61.8% Fibonacci support, the trend persisted in its descent, aligning with our preliminary predictions. 💎With this support breached, our gaze is set on #ADA approaching our lower target at the dual Fibonacci support. Yet, the previous day's decline halted precisely at the 88.6% Fibonacci support, casting shadows on the prospects of a further downward trajectory. 💎If this support remains unyielding, it could herald an optimistic turn in #ADAUSDT's price movement, possibly marking the nadir of the prevailing downtrend. However, for a trend reversal to gain our stamp of approval, we're keenly awaiting a breach and subsequent closure above the resistance thresholds of $0.35 and $0.38. 💎Such a move would amplify the chances of a medium to long-term bullish wave. For the time being, our focus remains unwavering on the current support, which might just be the linchpin for long-term stability. Stay vigilant, Ladies and Gentlemen of ParadiseClub!
Long
by MyCryptoParadise
Bitcoin - rebound soon, or is it just the beginning of the fall?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Guys, this is an update of all my latest ideas that I wrote about in shorts, all ideas worked out 100%, thanks to everyone who put their fingers up and wrote comments. Fixed a full short position at $27,750. The total profit from the transaction is 30% with 5X leverage. I had a plan and I adhered to it) more than two weeks in the position were not in vain, all my friends with a profit who were with me BACK IN THIS ROOM? Technical: We have support ahead in the $27,500-$27,350 range and there is a chance to bounce back to the trendline and test as resistance. So far, we have tested channel support that may not survive, so I will try to enter with a little extra below. Placed orders in LONG: In a deal - 20% X5 Entry - $27,777/$27,350 Stop - $26,880 Take - I will update. Guys, the pressure on the market, as we see it, is very strong, who is not sure or in doubt, it's better not to try to catch a rebound, I'm trying and my risks are justified. With God!
Long
by DanilBlinkov
2
Bitcoin is a global trend break! Can't avoid falling?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Small updateBTC friends: Technically, on the daily chart, the price broke through the global trend line, previously it acted as a support zone, now there is no support, as we can see, and now this trend line is already acting as a resistance level, which can lead to the next scenario very soon... Suppose the first option, as I wrote earlier, will drop to the 29,000-28,800 zone and from there get an upward impulse to the $29,300-29,500 consolidation zone with a possible update of the local High $30,250 Or the second option: the price will fall below the local LOW of $28,550 and test the support level in the $28,050 zone, moving lower to remove stop orders. I continue to hold the $29,550 short entry and am bearish for now, although there are a lot of rumors about an impending BullRun...
Short
by DanilBlinkov
Bitcoin is back in the channel! Where will the price go?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Is it time to close the position? WHERE IS THE VOLATILITY?! Guys, it's boring, but sure, the price of bitcoin is creeping again to the $29,000 test and to important support levels from where a reaction to the upward movement may follow. SOME THOUGHTS ON THE SCHEDULE: Technical: on the 12H chart, the price of bitcoin is again moving in the "downward channel", clearly confirming the upper limit in the $30200 range both times. While thoughts are such that, with this test, we will be able to see again the confirmation of the local support of $29,000-28,800 and the cutting of the global trend line. WHAT IS THE PLAN FOR THE POSITION? So far, there is still faith in the downward movement, I keep a short position, although I had thoughts of closing yesterday ... In general, friends, as you understand from the technical side, I am waiting for confirmation of the $29,000-28,800 zone and most likely I will be fixed there. If I get out early, I'll let you know. But it is often thought that very soon sticky shorts from $31,800 will begin to endure and even that we may see a renewal of the annual maximum. By the way, the indicators on the older timeframes are slowly changing their shoes to LONG, now it’s time to leave the short position and preferably in a small profit :)
Long
by DanilBlinkov
4
ETH - trendline retest!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Locally, the ETH chart looks like a re-test of the trend line in the range of $1805-1785 Technical: the trend line is now a local support from which a rebound towards $2000 may follow. But, I recommend acting with the shortest stop possible, with such a long consolidation, an impulse in both directions may follow, and it is best to wait for the next weekly candle to open and see what a major player will offer us.
Long
by DanilBlinkov
1
ADAUSD is the bottom in? Where could it go?The last time ADAUSD created a macro market bottom and rallied, it gained about 17,000%. If history holds any merit, it may make moves like this again in the future. However, it's important to highlight that ADA could be targeted by the SEC for violations. It's also the case that Metcalf's law requires more users to use ADA blockchain in order for the price to increase. It is also true that the law of diminishing returns may dampen the potential upcoming pump.
BINANCE:ADAUSD
by BACapitalManagement
Bitcoin - the wedge is broken, what's next? Growth above 30k$?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Bitcoin showed good volatility yesterday and was able to break through the “falling wedge” with an upward movement, and the price rose above $30,000. Also pay attention to the trend line, the price evenly tests the support in the form of a trend line and bounces to $30,000. It even looks a little strange that MM gives such ideal entry zones. While still sticking to the downside scenario, I think all these runs above $30,000 will lead us back into the abyss and disappointment. I advise you not to catch fomo and be careful with long positions, if you missed this growth, expect at least a correction.
Short
by DanilBlinkov
ADAUSDT Price Dynamics and Potential Bearish Signals💎In recent times, #ADAUSDT has witnessed a significant price spike that caught many sellers off guard. However, it is crucial to delve deeper into the price action to gain a more comprehensive understanding. Could this sudden surge be a stop-loss hunt, designed to shake out the bears before a major price decline ensues? Let's explore the evidence. 💎 One notable aspect is the recent price action, specifically the bounce from the 200 Exponential Moving Average (EMA) on the daily chart. This serves as an intriguing signal, suggesting a potential reversal. Moreover, we observe how the price spiked above the EMA, reaching the supply zone, but was ultimately unable to surpass it. This observation underscores the significance of the $0.38 supply zone, as it continues to maintain the long-term bearish trend for #Cardano. 💎 Additionally, #ADA remains within the confines of a descending channel, providing further validation of the prevailing long-term downtrend. With this in mind, it is prudent to anticipate a minor upside pullback before a substantial drop occurs. This potential pullback could elevate the price to the $0.35 level, which aligns with a double Fibonacci resistance, adding strength to the expected price decline. 💎 Looking ahead, the anticipated drop could be as significant as a 50% decline over the coming weeks or months. The key support level to monitor resides at $0.1767, further reinforced by a double Fibonacci level, as illustrated on the chart. As Paradise Club members, it is crucial to remain attentive to these developments. 💎 In conclusion, the MCP team is diligently monitoring the current pullback, seeking the optimal entry point for a short trend strategy. As always, we are committed to providing timely updates and guiding our Paradisers toward informed decisions amidst the evolving market conditions. Stay tuned for further analysis. 🌴
Short
by MyCryptoParadise
Bitcoin - this FUD can break the pattern!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, I decided to add some thoughts to the previous post on bitcoin. Technical: slightly corrected the "falling wedge" formation and now we have support around $28,350, where the price may go very soon... Earlier, I wrote about FUD with BinanceUS that they allegedly want to close the exchange, but in fact there is nothing to close there ... as always, they want to make a molehill out of a molehill and seem to collapse the market. Now a new FUD has arrived, already associated with the HUOBI exchange, that it is not solvent, and if the exchange is not solvent, then what does it mean? That's right - liquidity starts to leave the ship (exchange) in a panic and keep their babulets away from there because of this, the exchange may simply collapse, well, as long as we don’t observe this news on the surface of the day and there is nothing serious on the market, and the HUOBI representative herself replied that this is all only rumors... well, we all know how rumors can win back on the main asset. Just be careful guys now! In general, a storm is approaching next week, although we may see something interesting on bitcoin before the opening of the new week, for example, a fat candle towards $28,000 So while we are following all the news and the market as a whole as closely as possible, I recommend abstaining from long positions for a while, it can be very dangerous.
BITSTAMP:BTCUSDShort
by DanilBlinkov