The chart shows Cardano 'TO bitcoin, which responds well to the drawn trends. If the currency breaks the long-term downtrend line of this currency, we can expect a good profit. As it turned out, the failure of the downtrend in the RSI occurred.
Hi my friends ***************** The Cardano coin has gained significant support in its correction process after a great flight. My idea is that if the volume trend increases, we can hope for the end of the ADA reform in the coming days Appropriate entry points, goals and stops are marked on the...
Downtrend on D and W, 89days 26day Consolidation, oct 27-nov 22 before continuing down Daily Time Frame: Looks like price bounced off a prev s/r level around 2730 Confirmed prev. s/r @2731 (small support on may8-9. small resistance. feb26) Possible resistance spotted around 3200 Resistance confirmed @3227 with FibR Confluence @ .618 which also acted as a recent...
The Cardano ecosystem is being built as we witness a macro economic environment that is starved for technology and inflation hedges. New stock industries. New asset classes. Everything goes up, Meaning technology is not high on the checklist for investment. But in the long run, despite pump and dump markting schemes, only solid technology will survive bitcoin's...
Cardano ADA might start having a bullish reversal on the ADA/BTC weekly. Very soon Cardano dApps will start working on the Cardano mainnet and this will affect the ADA price action in a great deal. One of the first dApps might be SundaeSwap: Cardano DEX, and then after this release many other dApps will be released, making the ADA price action very bullish.
as you see cardano was falling during past days now if you take a look at adabtc chart in daily time frame you see a rejection from golden ratio of fibo and also a positive divergence in rsi i think it is a good place to go long on ada this is not a signal by the way have a nice time
Not convinced whether this matters, but divergence in the ADABTC chart is perfect. Oversold, then retest oversold while ratio makes new lows. This would suggest strong buying opportunity in the paid.
I've been watching BINANCE:ADABTC for a while now. The coin has been trading below its 200EMA, and below the 50EMA, basically a solid down trend. However, there was a support level there, it was possible the the price could find support at that level. As of writing, BINANCE:ADABTC price has broken below that level. I wouldn't want to have that coin in my...
The ADA / BTC price came back down to test the upper line of the falling wedge, after breaking out of this wedge. This brings an opportunity for entry, to ride the next wave to the upside. Disclaimer: I am not a proffesional trader or investor. I post my ideas and analysis for fun only. This is not financial advice.
We are still anticipating Cardanos move against BTC, we have been moving super flat over the last month or so along the 1 FIB level and we are yet to see any sign of any move in either direction, we had a couple days with nice green candles but other than that nothing. Now we have 2 scenarios in my opinion, im leaning on the bullish one where we have strong moves...
This weekly Cardano chart is looking splendid. Retesting the previous resistance level that has already acted as support in august. As well as drawing a Bullish divergence on the RSI.
What we see on this crypto pair ADABTC is clear and obviously nice pair for our watchlist, we were following this pair for a while so far, for now our group is ready for nice LONG position. Just keep it in your mind with proper RISK MANAGEMENT . MultiTF Analysis Top down analysis as you see on the different TF, 1W 1D 8H 4H. all areas determined perfectly in...
20D MA on ADABTC broke from previous support, now acting as local resistance for uptrend. Next consolidation will be with 200D MA (blue line). Use BTC pairings to triangulate forecasts for USD, if ADABTC is 0.00005 and BTC is flat at $60k, then that first push would get ADA to about $3, 2nd push is where I see ADA moving toward $10.
If we have a crypto blow off how we are expecting the next couple of months ADA is a great candidate for a strong blue chip alt buy. It has a 350% potential vs BTC for the cycle.
The pair looks extremely promising for long position at the moment! On both weekly and daily charts! ( Big volume, broken RSI channel ) Even though it has already started, there's plenty of distance to the upside! First target: 200 yellow MA - 0.0000408 Second target: 100 purple MA- 0.0000443 Third target: The Moon! www.tradingview.com
Hi, price is above the strong support zone and as long as it stays above that zone, we can expect growth. USE PROPER MONEY MANAGEMENT!
well, I personally don't like crypto that much, but ADA is looking spicy. as you can see we made a bottom and its has proved that ADA is not willing to go down any more. we have an important resistance zone ( red zone ) in front of us and if we make a breakout, we are probably going for a bull rally. I have marked main resistance zones with red lines, you can use...