Downtrend resistance Already Broken, Now Facing Daily MA100. (485 Sats)
If MA100 Broken, Next Target will be 500 Sats (Psychological Resistance)
BTW We've been Moving in Ascending Since Aug 2019..!!
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1. Huge fall down into the lowest low.
2. At our current lowest (where we are right now) We see only sideways movement. =
Big Money is not pushing the price higher while accumulating ADA coins slowly and steady without anybody noticing and
without making any huge moves. The aim is to accumulate as much as they can without people noticing.
With long term suppression finding a floor above 450 sats - and bitcoin running like a bull in a china shop - we can look at positive energy to flow into ADA and take us to test 596 sats on the next cycle. I see this coming in mid February 2020.
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Cardano has an great future potential, here's why:
* Green arrow show's the biggest candle sindce end of june 2019, its a big green cobra! :) You need that to set youre low's
* triple bodom around 390 / 400 sats and buys up veryfast. Big sign!
* The golden cross on the 4 hour is looming, looking good also.
* Big pack of volume is comming in (Blue arrow)
ADABTC Now Looking Good For long Setup.
But now Struggle at Big Resistance Level.
If It break Above side then We can expect 540-570 Satoshi.
And If fail to Break this Resistance then We can see 440-450 Satoshi Again.
Support: 456-460 Satoshi.
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The price of Cardano, ADA/BTC is now at the support/resistance level which can give us a great buy opportunity for long term hold.
ADA/BTC chart shows us a few Support/Resistance zones that we can use in our favor. If the price will continue to rise, we can add more to our position above those levels.
For the long term hold use the stop loss below the all time...
Seeing some majors reverse, but waiting for the trickle down effects into mid-caps. This is the most history I could find on ADA, which places it near the ATL.
ADAUSD pair is also unlikely to see new lows as BTC approached 9k again, after retracing 90% of early 2019 run.
Ada has been, lets just say, REALLY boring lately. We can see here that the corrective part of the Elliot wave is done and a move up is necessary. It is also about to break out of a symmetrical triangle and hit the golden zone. What's interesting about the golden zone this time, is that it line up EXACTLY with the previous resistance of 1680, therefore i have come...
Here I would like to share one of our short-term signals for Cardano (ADABTC)... This is not financial advice.
PAIR: Cardano | ADABTC @BCREGBOT
ENTRY: 0.00000445 - 0.00000465
STOP: Close 4h candle below 0.00000420.
The information shared above is intended for learning...
Cardano (ADABTC) is getting ready to move after printing the "3 Heads Pattern", the next barrier is now EMA100 (purple) sitting at 0.00000469.
EMA100 needs to be broken first before ADABTC can move higher.
Above this level, ADABTC can easily pass 0.00000476 to hit 0.00000497. Additional growth can follow.
Do you think Cardano will move next?
Share with us in the...
Bears are starting to show some weakness as the price manages to keep the same Low from the previous support area.
We can also see bullish early signs on the RSI giving us extra confirmation of bear exhaustion.
I'm expecting the ADA to challenge the downward trend-line resistance again and potentially break it for the 3rd attempt.
Target to the upside is...
- Falling Wedge Breakout in Daily Chart..
- RSI & MACD Bullish Divergence As Well in Daily Chart.
- Indicators are Turning Bullish So Grab it For Midterm
- 100-120% Profit Expected In Next Few Weeks.
Buy Around 480 - 500 Sats
Short Term Targets 540 - 590 Sats
Sell Targets (Midterm) 850 - 1080 Sats
Stop Loss Below 450 Sats
Hold Timeframe :...
Previously, ADA reacted to 200 MA on h4 negatively and bounced down. Now, it penetrated the level and stays above. I did set my S/L based on Volume Profile. Highly conservative upside target would be below another low volume profile area, but I think we will move beyond that and it is possible to take 1:3.
I am recording the success rate of my analysis...