J-ADA
Bitcoin - fixing above an important levelHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The opening of the new week is still encouraging, bitcoin could return to the zone that I wrote about in the last post of $26,300.
The technical bitcoin is fixing above the local support and the important Fibonacci level of 0.236, the upper zone of the $26,950 wedge remains the local resistance. If bitcoin can get out of the wedge with an upward movement, then, as I said earlier, the most important zone remains to pass the level of $27,500 and then it will be possible to think about $28,500-30,000, these are the first goals that I have been waiting for more than 3 weeks with an open position.
Cardano in slow declineHi guys, let's look at the current situaition on Cardano.
In my previous update I indicated that Cardano price might go to 0.3 resistance level and from there likely will go back to 0.25 and lower. However, price failed to rise somewhat significant even though BTC and ETH recovered all their losses. It's bad sign for ADA price since if there will be dump on BTC then price likely fall much lower than 0.25, probably testing 0.2.
I still will wait and hope for price reaching 0.3 and from there will be looking for a short.
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ADA/USDT ChartReviewHello everyone, I invite you to review the ADA chart in pair to USDT, on a one-day interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down and we are currently moving below the downtrend line. As we can see, the exit from the channel resulted in a decrease in price, similar to the size of the channel itself.
Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is currently holding a strong support zone from $0.28 to $0.23, however, if the support does not hold the price, we can see the price drop quickly to the next support at $0.10.
Looking the other way, we see that the first resistance is at $0.31, when the price breaks it, the second resistance will be at $0.34, then we have a strong resistance zone from $0.37 to $0.40, only when price breaks it, it will move towards the resistance at $0.46 for it to continue rising.
Please look at the CHOP index, which indicates that we have touched the end of the range and now we can see the price turnaround, the MACD indicates that we are in a downtrend, while the RSI has a large rebound below the lower limit of the range, which in combination with the CHOP index can give room for growth prices.
BNB - testing a strong historical levelHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
BNB - testing a strong historical level!
Guys, this is not financial advice, I'm just sharing my thoughts and what I saw on the chart. Everyone must decide for himself whether to enter from this zone or not.
Recall the recent FUD related to Binance and CZ. At that time, the BNB coin lost about 30% in value, like many other altcoins. Due to this, the price returned to a strong historical level of $220-225.
If we look at the chart from the technical point of view, then rebounds of several tens and hundreds of percent have always been observed from this support level.
Can we see the same buyer reaction now? From a technical standpoint, I think yes, there is a chance to see a rebound to the last $300-$315 support level. Also a recent tweet by CZ, most likely he writes about the SEC, and will soon begin to endure his offenders
But! Friends, while the story with binance and CZ continues, you need to be prepared for another possible pressure on the market. So be as careful as possible. I just assumed what might happen in the future with BNB, and it's up to you to decide whether to enter or not.
✴️ EOS Update [CLOSE] + ADA, SOL, LINK, Cryptocurrency & The SECWe are closing EOSUSD forever... Let me explain.
Here we can see that EOSUSD broke below its Jan. 2023 low, its Nov. 2022 low and even its June 2022 low.
This is all thanks to the SEC of course but this doesn't change the fact that support is weak on this Altcoin.
We use the bigger Altcoins to trade with leverage because they have less dramatic swings compared to the smaller Altcoins.
If you look at Cardano (ADA) and Solana (SOL) for example, even though they went through the same attack they are still trading within their Jan. 2023 low.
For these two, the Nov. and June 2022 low/support remain intact, which is a strong bullish signal.
We will continue with those but will stop tracking/trading EOS.
Chainlink (LINK) is another one we trade/track publicly and also interesting.
The chart moved below its June 2022 low but only barely and we know this project to recover strong and thus this turns into an opportunity.
We love Cryptocurrency.
Cryptocurrency is here to stay.
We love and support the Altcoins but we won't know how EOS will react while we know the others are ready to recovery, fight and grow.
The younger generations are the future.
Everybody who is younger than 50/60 years is rooting for Crypto and love their smart phones, computers, social media, memes, technology and all that nonsense, while only the old and outdated people want to stop evolution, growth and innovation.
Life is about growth, adaptation and change.
This is true for the political landscape, the financial landscape and everything you can think of.
In the past we used to write letters, in the present we use videophones.
It might be hard to accept but the only constant in this life is change.
Look at your body... It has been changing and it will continue to change.
Now look at your money... It is the same.
In the past we used to use salt, then rocks and Gold.
Then we went to paper and digits...
In the present we use code.
Crypto is code.
Cryptocurrencies are a hybrid.
Not securities...
Cryptocurrencies behave like securities and stocks.
Cryptocurrencies are apps, technology, software.
Cryptocurrencies are intellectual property.
Cryptocurrencies can also be art, just as it can be a game or simply a joke (meme)...
It is a hybrid.
It is a new system.
It is a new technology.
It is something new...
It is not the same old, same old.
Adapt and change!
There is no other choice.
Namaste.
Bitcoin - volatility expected! Attention!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Get ready, market volatility is expected today!
Friends, today is the most fundamental day, we may see increased volatility in the stock and cryptocurrency markets, be careful if you are in a position with a large leverage.
▫️Fed rate - 21:00 Moscow time
▫️Fed press conference - 21:30 Moscow time.
Most analysts say that the Fed at today's meeting may take a break from raising interest rates. For now, everything looks logical to take a break because inflation is declining and is already at 4%, which means that the tightening is working and after a certain period of time (after a pause) the Fed will return and start raising the key rate again until inflation reaches 2%.
Cancellation is positive? I think yes for a while, but you should still expect volatility in both directions by several hundred points in BTC.
$ADA/USDT 2D (#Bybit) Descending trendline breakout and retestCardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery.
⚡️⚡️ #ADA/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
0.4051
Entry Zone:
0.4014 - 0.3618
Take-Profit Targets:
1) 0.4798
2) 0.5536
3) 0.6275
Stop Targets:
1) 0.2995
Published By: @Zblaba
CRYPTOCAP:ADA #ADAUSDT #Cardano #PoS #L1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.5% | +90.1% | +128.9%
Possible Loss= -43.0%
Estimated Gaintime= 3-4 months
cardano.org
🔥 ADA Double Fibonacci Reversal In Anticipation Of Huge WeekOf all the major alts, I'd argue that ADA has seen one of the biggest drops. However, ADA has regained around half the value it lost over the weekend.
As seen on the chart, ADA is currently experiencing heavy resistance around the 0.283 level, which coincides with both the 0.382 (June high) and 0.618 (last Friday) Fibonacci retracement levels.
With a very heavy macro week incoming (CPI & interest rates), I wouldn't be surprised if ADA will see another drop soon.
Target at the recent lows, SL over the local high. One could take partial profits around 0.26
I Cannot Short This !!!The ADAUSDT is in a Bullish phase by strong bullish rejection.
The price shows a strong bullish rejection from the PRZ ZONE.
⬆️Long if we break the 0.236 fib level
🌟 Bullish signals are:
- strong bullish rejection
- PRZ ZONE
- Bottom of bollinger band
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
ADA - CARDANO - in charles we trust ; the neverending story IVADA - CARDANO - in charles we trust ; the neverending story IV
Ok, this ship looks to me to be turning.
its all there on this blessed chart. which i diligently read the tea leaves for you to succeed in this casino.
cardano did 100x+ TWICE. from the same frigin price point in two different cycles. iam pretty sure she goes for a third. does it all play out exactly the same? maybe, prob not, but i bet it will be pretty similar.
key points here;
check that momentum signature at the bottom there. the same shape. same levels basically. maybe we get that second option for another nuke 40% or so but my money (irl) is on that relief bear market pump first. then some black swan to wipe everyone out again and thats when cycle 3 begins.
this will be my last ADA chart for awhile. think ive been over doing it. now we've had some interesting price action it was time to do this last one and sit back and see what happens.
I AM ACCUMULATING
lfg. take me to the promised land charles.
ADAUSDT at weekly support, probability favors longThe price has hit the weekly and monthly combined support and the price has bounced from there. A long is favorable from this support. In case this support is lost, next support levels are weekly support WS2 and monthly support MS2 as marked on the chart. It seems that the current support will hold on the weekly level so probability favors long. But in case in coming days/weeks this level is lost, long will be favorable from the next weekly support WS2.
Robinhood to delist ADA Cardano If you haven`t sold ADA here:
Then you should know that Robinhood, the well-known trading platform, will discontinue its support for three cryptocurrencies implicated in SEC lawsuits against Binance and Coinbase.
Effective from June 27, 2023, Robinhood will no longer provide support for Cardano (ADA), Polygon (MATIC), and Solana (SOL).
In My opinion ADA will test the support of $0.239.
Looking forward to read your opinion about it.
SEC harvests the bigwigs of the coin circle, and the copycat coi
The reincarnation of the coin circle does not need to live long. In every bear market, the copycat coins are played according to the rhythm of “zeroing”.
Of course, this time is no exception. I have always been skeptical about copycat coins. They are both currency and securities, and they are impossible to exist in the mainstream market. Which reliable government can let the currency issuance power fall to others? So when I wrote articles in Golden Finance in those years, I repeatedly emphasized the risk of copycat coins, and this view has not changed until now.
Bitcoin and Ethereum are defined as commodities, which are barely squeezed into the mainstream trading market, but a copycat coin also wants to enter the hall, isn’t it a dream? Now it’s fine, SEC has taken action, and unlike the Chinese government, the US government has shown the nature of capitalism. Everything is operated around economic interests. I don’t expel you, I just want money. If you are willing to redeem yourself and whitewash yourself, otherwise, I will let you go to hell.
This time on the surface is harvesting Binance, coinbase, in fact, those blind followers are the final leeks.
If we only look at the technical chart and do not consider the survival ability of the non-mainstream market in the future, this wave of copycat coins basically fell by 90%, which is definitely worth rebounding. But if you think about it, you can’t log in to compliant exchanges, including licensed markets such as Hong Kong’s encrypted exchanges in the future, then compliant funds will not be able to participate in transactions. And whether non-compliant funds can still play the role of market leader as before 2018?
To be honest, I don’t have much concept of copycat coins and can’t give you more advice. In a highly speculative market, being conservative may not be a bad thing.
From the daily line, bitcoin has a macd bottom divergence, ma144 and the previous head and shoulder bottom neckline 25200 have a certain support nearby, and the bulls also try to defend here. As for whether it can succeed, we need to see if macd can form a bottom divergence. And from the perspective of rebounding, I gave out abc’s structure earlier. At present, it should be in b’s adjustment. If the neckline fails to defend, 23200-21400 US dollars may be the adjustment target below.
Of course, if we look at the monthly line, here is a larger adjustment structure ABC in which B wave rebounds cycle. Bitcoin has fallen by 77% in one wave this time. Compared with the decline in previous bear markets (more than 80%), it is still not in place (more than 80%), and it seems that the bear market has not ended from time to time. So after rebounding, there may be a more tragic wave of killing.
In short, although institutional investors in the United States have joined in and changed the ecology of coin circles, although the previous barbaric growth mode will not disappear immediately, but game rules must change and make SEC comfortable. Change so that Wall Street tycoons can play more easily.
Bitcoin - Key Level Test!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
A few thoughts regarding the BTC chart.
On the older TF, the price continues to move in the descending channel zone, at the moment the key level is the range of $25,300-24,600. As we can see, the price is close to this zone, but they don’t want to confirm yet, perhaps they don’t allow to unload positions on purpose.
If you look at the support zones, then we have two local ranges that I noted above ($25,300-24,600) these are the levels from which a technical rebound can be expected, well, you should also not forget about (squeeze) the $25,300 level can be broken through for a test the lower zone of the descending channel (marked with a red line), so be careful if you decide to take long positions.
Altcoins:
As for the altos, of course, everything is sad here so far, I have not closed all the positions that I have previously gained and continue to hold until the best changes in the market.
Guys, now I really understand that they are strangling, all this terrible FUD is a psychological game and it will end soon, in my experience there were many similar situations and with each of them I only became stronger. I stay with you
Cardano (ADA) will finish bear market!Hello, everyone!
Now it's time to talk about my favorite altcoin BINANCE:ADAUSDT . Couple of weeks ago I told you that the huge rapid dump in wave 3 is anticipated. The forecast was almost correct. The only one thing, I assumed that bull trap in wave 2 will be a little bit higher, but anyway $0.22 price target we have seen today.
To understand what is coming next let's take a look at the price chart. After the bullish rally which we have seen in the first half of 2023 BINANCE:ADAUSDT has started it's last bearish impulsive wave. Wave 1 touched the support trendline. After the consolidation in the wave 2 we have seen the huge impulsive breakdown. Wave 3 had two targets $0.27 and $0.20. The area between these two prices is the target area which has been reached today.
Awesome oscillator is also increasing the momentum to the downside, which confirms my assumption about the wave 3. If we assume that wave 3 has been finished or almost finished we have the clear target for the potential bounce where our automated trading strategy close the accumulated on this dump positions. The target is 0.38-0.5 Fibonacci retracement which is approximately $0.3.
After the bounce I expect the last bearish wave 5 inside the last bearish wave in the entire bear market. It's too early to measure the target for the bear market bottom. We need waves 3 and 4 to be completed, but anyway I am ready for the upcoming bull market in the nearest future for Cardano. At the same Bitcoin can dumping, but BINANCE:ADAUSDT can show the sideways or even recovery during this period. If you ask me about my personal feeling about target price - I think $0.17 is gonna be the bottom.
Best regards, Ivan
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ADA...not this way! Not like this!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
This swift move down does not look great for the coin. Broke some pretty clear yuge levels, MO. So now for me its the waiting game. I could see either of these play out. But in the end I will be waiting for an nice impulse up and an internal retrace before an attempt at a long on this asset, I stll have my bags... wont be adding anymore to them atm.
ADA/USDT 1DInterval Resistance and SupportHello everyone, let's look at the ADA vs USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with setting the support line and as you can see the first support in the near future is $0.30, if the support is broken then we can see a strong drop in the price around $0.21.
Now let's move to the resistance line, as you can see the first resistance is $0.34, if you break it, the next resistance will be $0.36, then you have a resistance zone of $0.38 to $0.39, then resistance at 0 $42.
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates that we are in a downtrend, while the RSI has crossed the lower limit of the range, which could potentially result in an uptrend reversal.
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) plunged to a three-month low on Thursday, as traders remained nervous, following the recent U.S. Securities and Exchange Commission (SEC) lawsuits.
After a high of 0.3376 on Wednesday, ADA/USD dropped to a bottom at 0.3196 earlier in today’s session.
The drop pushed the token to its lowest level since March 15, when price was at a bottom of 0.3166.
this decline came as the relative strength index (RSI) moved deep into oversold territory, falling to a low below 30.00.
The index has since rebounded, and is tracking at 34.21, which is marginally above a key level of resistance at the 33.00 mark.
Should this upward momentum continue, bulls will look to recapture the 0.3500 level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ADAUSDT.1DMars Signals Team wishes you high profits*
This is a daily time frame analysis for ADAUSDT.1D
We are in daily time frame. What you see is the price swinging above the first support zone.
We have two scenarios in mind
Scenario 1: If you hold your price above our first support line, we expect price to rise to resistance areas.
Second scenario: If the price moves completely below our first support zone, we expect a drop to the second support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care