Adausdlong
ADA CARDANO - Time to Go HIGHER maybe? (and hopefully!)Been waiting for Cardano to rise but Cardano is always like this: testing our poatience and then rises in due time.
Let's hope that Bitcoin manages to help us lift Cardano higher.
After all, ADA has proven to be the right choice since it fails to drop more than the others and to em it's the best option at this stage.
Hope it goes up,
the FXPROFESSOR
PS. RIGHT NOW I AM HEDGED: Short on BTC and LONG on ADA
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 1.414 (stop at 1.351)
Daily signals are mildly bullish.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
Broken out of the triangle formation to the upside.
We look for gains to be extended today.
Our profit targets will be 1.585 and 1.635
Resistance: 1.400 / 1.460 / 1.600
Support: 1.350 / 1.300 / 1.250
ADAUSDT(1H CHART) Head and Shoulder PatternADAUSDT(1H CHART) Technical Analysis Update
ADAUSDT(1H CHART) currently trading at $1.346
Buy-level: Above $1.352
Stop loss: Below $1.234
Target 1: $1.395
Target 2: $1.456
Target 3: $1.585
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ADA at heavy resistance areaADA is now at the heavy resistance area and also at the downtrend line. This is no trade zone for ADA, wait for a clear breakout and retest or for rejection. The support, for now, is around $1.7-$1.2 area and the heavy demand zone is near $1. This is not a good time to enter in ADA.
CARDANO/ADA ViewOn the weekly ADA can be seen to be briefly touching the 2.618 fib, a level it has overcome but has dipped back down to retest
On the Monthly a Bullflag can be distinguished from the low volatility in the past weeks, which is also a good sign for the bulls
Personal bias is neutral on ADA, but this does look very bullish
Above is a chart showing the tight trading range that has been established in the past weeks
ADA.....4h###Update to previous analysis.
### China has dealt a very strong blow to Bitcoin and cryptocurrency, resulting in huge losses for the crypto business. Bitcoin was able to withstand and compensate for some losses.
This led Cardano to achieve the selling objective in the previous analysis.
I expect that China has now exhausted the strength of its attack on Bitcoin and others, and that it is time to compensate for the losses
# Analysis on the 4-hour chart.
# Analysis is based on trends and Wyckoff's strategy.
# It is below a red downtrend.
# At the end of the Wyckoff compilation phase (in blue), to the top.
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# strong probability:
*** It crossed the red downtrend to 1.8395.
*** Exceeding 1.8395 goes to 2.3733.
ADAUSD......4h# Analysis on the 4h chart.
# Analysis is based on trends and Wyckoff's strategy.
# It is below a red downtrend.
# At the end of the Wyckoff assembly phase (blue), upwards.
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# Very low probability:
**** Breaking 1.26747, a drop to the uptrend (dark blue).
# strong probability:
***Passing the red falling trend goes to 1.8395.
*** Exceeding 1.8395 goes to 2.3733.
ADA Tight Trading Range, Breakout ??On the USD pair ADA can be seen to be moving in a very tight range, I notice this a lot prior to massive breakouts upwards, which is very possible in this case
Just touching the 100MA
On the BTC pair another retest of the 50MA is in progress, each time this has occurred a bullish rejection was the result, likely another rejection upwards
I do not hold ADA but this looks great
#ADA pushing too $1.54 in the morningUtilizing the Fib Ret along with the trending line you see we just touched the trending line which indicates we may see a nice push towards the $1.53 resistance.
I do believe we may break the resistance & have a pretty solid day above $1.50! If we hit the resistance we may have a slight dip to retest the trend line then be back on our way up. If we do dip below the trending line we may see $1.34.
*Not Financial Advice
ADA no trade zone, Wait for breakout ADA Analysis:
ADA broke the downtrend line and trying to break the major resistance area of $1.6-$1.63 but rejected from there. We may see a bounce from the local support zone of $1.47-$1.5. If ADA is unable to hold the $1.47 support area we will see $1.35 or below. ADA is now in no trade zone, either buy after the breakout of the resistance zone or near the support zone. Altcoins are waiting for BTC to make a clear breakout before turning bullish.
💥CARDANO BUY SETUP - TO LONG TO $1.80We have three (3) main setup here and a very good buy confirmation on this chart to go long to $1.80.
First, we have an uptrend (trend continuation). We also have a bullish pennant breakout and price in a ranging zone testing the demand zone back to the supply zone.
The trendline breakout confirms this three (3) setups for price to go long to $1.80.
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ADAUSD 4h Trading SIDEWAYS Range LONG On a 4H chart it seems like there is a double bottom in the forming on the lower band of the channel, that holds the price for the past 3 weeks. On a larger scale we can see an attempt of inverted H&S that failed at the now upper channel resistance level.
Full double bottom formation would most likely mean retest of a channel resistance - with RSI and MACD levels low, there could be a breakout if the overall crypto market starts gaining strength.
For now ADAs price stills correlates to BTC movement. Past few days it seems like a market could be forming a local bottom, opening a potential for a slow climb towards previous highs.
PERSONAL TRADE:
Enter trade at: 1.45
TP: half at 1.75, half keep for chance of a breakout
SL: 1.30
Risk reward ratio: 2:1 + (depends on second half Profit taking)
Would re-enter the trade if price comes to retest pre resistance in case of a successful breakout.
Check my MACD Histogram Script. You can get it for free if you click on my profile and check scripts section ;).
ADAUSD - LONG TO $2.30 (40% ROI FROM ENTRY)We have an ascending triangle with three credible support trendline on the chart.
Price retested the trendine and resulted into a bullish pin bar which indicates a long position incoming.
Therefore, I expect price to break the neckline upward and to continue in that direction.
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ADA .... 4h# Four hour chart.
# Inside a main ascending parallel channel.
# Inside an ascending sub-parallel channel.
# Bypassing a downtrend..blue.
# Stochastic oscillates upwards.
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= Targets are:
* 2.0666.
*2.2052.
* 2.4519
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# It fails if it breaks the level of 1.6588
# It is now in the buying zone.