ADA consolidationADA has found support in the green zone we defined early december. It touched our second target around 930 sats and is now consolidation around our first resistance level.
As long as Bitcoin decides to chill, we could see ADA performing well during the next couple of weeks.
Trading above the 50 & 100 EMA with the 50 EMA coming closer to the 100 EMA. I'll be looking for the 50 EMA to cross the 100 EMA after which I'll enter a long with a target around 1200 (daily level).
Search in ideas for "ada"
ADA short term update.ADA couldn't break 0.176$ resistance and fell into lower range of 0.15 - 0.16$. We broke our 21 EMA support turned resistance, all of which is bearish.
However, if we can make support here; ADA would be set for a HL to go back and retest 0.176$. This would help make the case for a short term bullish ascending triangle. Just have to see if 81 EMA holds support. If it fails to do so, and we go down to our lower range of 0.13$, then we might be more than likely to complete a bearish M pattern.
ADA is my favorite for now, if BTC is not dumpingADA is looking great compared to most alts,
for me it just became the best graphic so far, and the project is having many positive feedback
I am not investing much right now since for me is an indecisive moment but have a little of ADA in my pockets
Have a good one, and take a look at my BTC analysis down below
ADA buyer recovery ADA currently recovering price. There is a resistance level around 873 that would also line up around the 61.8 fib level. Depending on the momentum and candlestick analysis I will be looking for shorts around that area if it makes it that far. ADA has had over a 50% push in the last couple weeks and is probably due for a proper correction.
ADA to RISE - The rocket is turning it's engines on!ADA /BTC is at a key area right now. With all the positive news coming from CARDANO recently and the success of Haskell Testnet so far; things look very promising for the future and the rest of this year!
Plus, BTC failed to hold above the 10K resistance again. So we could easily see some profit-taking from BTC over the next few days.
We are looking for ADA to bounce off this lower trendline, push and then close above the upper trend line on the Daily time frame. This could then very well mean the bottom has been; and we will start to rise up never to return :P
A strong close on the Daily below the bottom trend line means we have been unsuccessful this time.
Overall the risk-reward looks good here.
Play it safe, don't over leverage and use a stop loss.
ADA is stronger than bitcoin.ADA is stronger than bitcoin.
Bitcoin's weakness can play into the ADA's hand, which will break through the resistance.
The trend angle can be seen on the blue support lines. There should still be the ending points.
Whether it is through a pullback or immediately, it is like the market will give.
Friends, thanks for your likes and comments!
Good luck with trading!
ADA ANALYSIS: COMING DOWN TO MAJOR SUPPORT!ADA ANALYSIS:
ADA is sitting on a red daily wick just above the 200MA after bounce off it at 506 sats. I expect this to hold, as RSI and Stoch both dipped well into oversold territory. Sellers should exhaust nearing low 500 sat levels, im specifically looking for the volume on sell end to decrease. A did below 200MA would be a full drawback to major support near Mid 450 sat levels. Given 200MA Does hold here, look for the push to T1 at 100MA of 531 sats, T2 at 564 sats, and finally T3 at 598. This is a long term outlook, do not expect targets to be hit overnight. The selloff was severe recently, so we have to confirm a green daily wick hold before we can successfully push UP.
Possible Entries: 515-519 sats
ADA - Return Of The Good Times?ADA Starting to look very good. Although has a few areas it needs to breakdown first but overall it's in a range that people would start to get some interest from...
Possible longer-term bullish targets set and the for the first time in a while. ADA is out running BTC which would indicate the result of the BTC Dominance coming down (slightly)
ADA in consolidationADA has entered consolidation stage at day timeframe. It means that we may expect it to swing between ~450-510 until it breaks into one of directions. This may be used either to accumulate ADA at the lower border of that channel and hold till uptrend starts, or scalp it on each swing.
1) Swing trade plan - buy at 440-450 and sell at 500.
2) Accumulation - buy at 440-450 and hold till breakout. Targets 570-590 (may take up to 1-2 month)
Bullish scenario - price pullback to ~465-470 and bounce from there - it may be a signal that consolidation stage comes to an end.
P.S. Prices at Bitmex are more or less the same, but they renew chart regularly, so it doesn't provide enough information for long term planning.
ADA BOUNCE FROM SUPPORTADA perfectly bounce from the Lady S/R level, now around the upper trend line, need to break.
High potential of rewards = ADA
Enjoy.
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INDICATORS USED
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"Lady BTC BOTTOM"
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"Lady S/R"
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Check my last creation:
"Lady GOD"
ADA (ADA/USDT, 1D): The Price Is Testing the 1st Zone of InteresADA is testing the 1st zone of interest and forming a bullish wedge right now. Also, we notice that it almost formed a triple divergence on RSI. Entry point looks very interesting right now. You can split your buy orders on each zone of interest or keep stop losses active. Good luck everyone!
ADA - Nightmare BTC Pairing Over 2019 - Change Soon?ADA had a bright start to 2019, looking good within a trend and since April (like most) alt-coins have struggled a lot, losing value in BTC.
ADA is on a good support basis, this is not the time to react and buy, perfect opportunity to wait for clear direction.
Let's see what Bitcoin does.
ADA - EXPECT LONG ENTRY ON SOLID BREAKOUT - CryptoManiac101ADA / USD TA
Here we see that all of our pattern have validated. Overall this is very good crypto to trade since it follows clear patterns and validates most of them. We can expect some downward action to continue within our downward channel until we actually have a solid breakout. Long term holders should hold onto their ADA coins as Bitcoin is starting to look more and more bullish.
ADA IS A GREAT BUY WHILE IN ACCUMULATION PHASE - CryptoManiac101ADA / USD TA
We are looking fine overall on Cardano USD trade. Long term traders should be in this trade, however we don't have any clear reversal pattern besides the enormous accumulation. If we look at current price point, it's very alluring especially in comparison to XLM or XRP and can be considered as an addition to one's portfolio.
There's no clear breakout time frame which we should be looking at, but overall it does seem that ADA found bottom.
ADA/BTC: Bulls getting readyADA has been ranging around historic support for a couple of weeks now, finally starting to look bottomed out. The 3 day here still looks pretty bearish, and a test of lower support in the blue box may occur.
Cautiously long here (below 900 sats), if BTC breaks down ADA may also get taken down with it, potentially to new lows. 1000 sats is the red dotted line that is drawn on the chart, and this serves as a target for the long/heavy resistance.
If a breakout past 1000 sats occurs, a swing up to the red box (resistance) may be feasible
Still somewhat bearish on alts until BTC has a confirmed bottom or there is some more momentum across the board on alts as most have been in free-fall for the past couple weeks.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
ADA (cardano) short on bitmexAda swing position:
ADA SHORT
Trigger entry: 1290
Ranged entry: 1286-1300
TP1: 1273
TP2: 1241
SL: 1311
ADA - EXTREME gains!!! All 3 targets hit and more!!!!ADA has been on a tear over the past 24H hitting all 3 of our profit targets in quick succession! We have finally reached the 786%FIB level with overhead supply zone potentially cause a pause in this crazy rally. Both RSI and MACD are getting overextended but then again, FOMO is a powerful thing and don't want to go against it. Unless BTC takes a dump here, any sideways or more upward movement could propel ADA and other alts to continued higher prices.
Keep everyone posted in a few hours on this play but great trade overall!!!!!
Thanks guys