ADABTC - ‘Shelley’ Update soonCardano ‘Shelley’ Update is around the corner. The online event for the launch of Shelley will take place on July 02 and 03, 2020 and participation will be free of charge.
Price is currently at resistance, It's a good idea to take off some profits from the table, because after the update an 'sell the news' effect can be expected.
Although, overall ADABTC pair looks much better than many other alts. If I was long I would left some exposure.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Cardanobtc
ADA.BTC (Y20.P3.E2).Still bullishHi All,
Looking at both ADA.BTC and ADA.USDT, both still have bullish signs and have yet to reach their target for this run.
On the weekly and lower time frames (chart below) we have solid candle sticks complimented by a bullish MACD and RSI's.
If you havn't bought in yet, look for a pullback to the 0.5 fib level as per chart for a bullish engulfing candlestick on the 12 or daily.
T1=0.00000996 - 0.0000106
T2=0.00001367
All the best.
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Regards,
S.Sari
12 HRLY Chart: 10\21 EMA acting as support
DAILY Chart: MACD turning up for a cross over with the signal
2Day Chart
WEEKLY Chart: Above the 0 level and the macd and signal still wide apart.
CARDANO ($ADAUSD) ⛔ | How Cardano Killed Ethereum🔔 Is Cardano set to compete with Microsoft and beat Ethereum? Well, according to Cardano founder Charles Hoskinson neither is impossible.
Further, looking at the ADA chart, it isn't impossible that the bulls could pull such a thing off... although there is still some resistance from 2019 to content with first.
Let's look at some levels for the bulls and bears.
Support:
If the bulls can't rally here, we should see a bearish breakdown to S1. The S1 orderblock at the most recent significant swing low should see a reaction if tested.
Directly below S1 Is the S2 S/R flip, followed by the S3 orderblock formed prior to the continuation upwards. Although breaking below S1 is bearish, S2 and S3 could provide support if, for example, the broader market pulls ADA down past the S1 level.
Ideally, the bulls won't need any of these support levels, as dragging out the current correction dampens momentum and shows weakness, but any of these supports could work to at least offer a retest of the current levels we may end up breaking down from.
Resistance:
The bears have some advantage currently on a shorter timeframe due to consolidating price action with constant lower highs since finding rejection at the prior dead cat bounce range.
The bearish price action found on the chart makes a quick break of the R1 orderblock formed at the recent failed swing high ideal for the bulls to break quickly.
If the bulls can breach R1, either on this move as bullish continuation or after a retest of lower support, then the R2 S/R flip is the next target.
Above R2 is the R3 ordeblock formed during the breakdown and finally the R4 previous failed swing high that can be seen on the chart on the left.
Previous levels:
The following chart shows the drop in the summer of 2019 where the resistance ranges coming into play on the current chart were formed.
Summary:
The bulls need to break out of this consolidation range, and the sooner they do it, the more strength it shows.
The bears have every interest in capitalizing on the weakness of bears and turning this consolidation into a top, with the ideal spot to reject the bulls being R1.
Cardano may end up killing Ethereum and Microsoft with its technology (hard maybe), but to win a price war... the bulls are going to need to show some strength quick.
Resources:
www.crypto-news-flash.com + www.crypto-news-flash.com
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ADA now in a bullish structure. Pullback and then take off. ADA has broken Bearish Weekly Structure, as a result, we can confirm the beginning of a Bullish trend
Now looking for a minor pullback to grab liquidity at my yellow target at $0.05-0.052 followed by a move to $0.113
Once we pullback We will see a phenomenal long opportunity - an easy 50-60% return
Market Structure is key.
Hope This Helps.
#ADA/BTC (June 16)Yesterday ADA made a flash dump to re-test the support around 700sts and then went up above 800sts again.
This action seems to indicate that ADA is actually preparing for the next pump, and we should hold ADA for higher targets like 1000sts and 1100sts
The uptrend of ADA will be broken if falling down from the 700sts zone
BUY after the price breaks out from plotted resistance level.This is 4h chart of CARDANO (ADA) and i have plotted a trend line along with a resistance level. Price had went very bearish. This has made 5th consistent high which is less that the earlier high. Price will try to break out. If the price goes above $0.08 WITH VOLUME, then price may go Bullish, otherwise if the prices tests this level and goes down then the price will go very Bearish. Remember one thing, always buy or sell after the price breaks out the support or resistance level. Wait for the price action, act accordingly.
CARDANO BRUHFor the first time ever I’m not gonna say anything
I’ll toss you this : $0.08482 but conservative fo is $0.08185
FUD nibbles
You know the damn drill guys and gals and if ya don’t know...now ya know, nigguh!
Stop @ $0.07052
P.s. I’m re-opening the following related links from old pubs like ADA THETA (ACTIVE) ETH (ACTIVE) $XTZ (not xtc smh) and made a killing off that omisego — Yeah aforementioned signals Definitely didn’t reach the # engagements it’s warranted and Aside from the fact that you would thank me after (many have already) You are the reason I’m doing This: you new cryptokitties who are in need of protection from us dolphins before the orcas and great whites eat you minnows up...people, all seriousness I’m spending a fortune on adjustments at a chiropractor because of the countless hours I wowed my select few readers with my content ; even surprising myself at times so go look if you haven’t para los sígnales son actividades ahora !
-notorious MIT
🚨 Cardano 3day Doji. (ADA)💰Cardano had a beautiful run up as you can see the smooth buy transition from the Crossover strategy and the ema dots indicators. But now we are seeing a reversal doji.
This doji notice is turning right above a previous high and now will test that high to see if it is valid support to push the market higher. 0.070 cents must hold!
Let the Crossover strategy and the ema dots close below to look for a selloff.
Best of luck to you, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
ADA/M20 (ADA/BTC) Ichimoku 4H Follow up on Short playAs I said in my previous linked idea it looked like ADA was looking for a retraction and it is now playing out by breaking down into the cloud!
It still needs to validate as marked on the chart with the lagging span ( Purple line ) breaking the Kijun ( Dark Blue line ) to have a better probability.
And to expand on the idea, I set a couple take profit targets with the first at the previous retracement level, the second the bottom of the cloud, the third the last historic cloud support and if that also doesn't hold I don't see why it wouldn't go all the way to test the 200 EMA at take profit 4.
As the M20 is leveraged trading this could be a good setup, but be careful.
If you like my ideas and the work I do check out the links in the signature ;)
$ADA Continuing to Move Upwards
Looking at the 12H chart of $ADA here, I like the 12H chart just because it's a 1D timeframe but split into two candles instead of one, giving me more data to work with
I signaled entry in my telegram group at 580 sats (bottom of accumulation zone)
From the breakout of the accumulation, which took all year since the 'corona' we've seen new yearly highs
The longer the time spent in accumulation, the more explosive the move upwards just like a slingshot
Very little resistance after that 580-600 sat range which was accumulation turned support
Took profits at 684, 787, and 874 but re-entered at 868 sats
Price looks like it's holding that 787 level very well after getting 1st touch rejected and I think it will continue moving upwards
Currently still accumulating along this 874 sat level before we could see another explosive move upwards
Correct me if i'm wrong, but Cardano staking goes live tomorrow 6/9
1st TP 1015 sats
2nd TP 1149 sats
3rd TP 1318 sats
Will continue to update as this move progresses, I have a bag of Cardano
ADA may display its full value in the next year Cardano is ending is first phase. Will become a fully decentralized crypto next month. The project will show its true colors has it joins more websites like coinbase and others. Eyes will be in Cardano in the next year, has this 3 generation coin marks the future of proof to stack concept in cryptoworld.
ADA/M20 (ADA/BTC) Ichimoku 4H possible short ideaADA/M20 Has been doing very well the last week and might very well continue, but some signs point to a short term retraction.
On the 4H Chart it seems to have formed a small double top and the Tenkan ( yellow line ) broke the Kijun ( Dark Bleu line ) down which points to a short term bearish movement ( right red circle ).
The lagging Span ( purple line ) also gave some confirmation by breaking through the previous prices ( left red circle ).
The cloud is thick though which points to strong support and so we need confirmation by breaking the horizontal 1 Kijun with the lagging span and then we could see it test the bottom of the cloud SSB ( red line ) at the horizontal 2 which is a nice move on a leveraged trade.
This is not financial advice, manage your risk, and trade carefully!
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Cardano Looks Set To Fly Or Fall Out Of The Nest
RSI has just pushed into overbought territory and tinken-san (fast moving average on the ichimoku indicator) is still struggling to rise above kijun-san.
However, the monthly chart reveals momentum is good and with the current weekly candle now trading inside the emerging cloud, IF price can get above the current resistance level (gold horizontal at 9 cents) then a rise of 300% through the cloud region up to the next key resistance at 36 cents could happen quickly.
ADABTC - Hit my 2nd targetADABTC is on fire today, broke the second resistance, and reached my second target, closed my position here, +35% isn't bad.
Let's see if the price will be able to hold around 700 satoshi, it can be a fakeout like last time.
But! Today Hoskinson outlined the plan to launch Shelley update by as early as June 30, so price can continue to rise on this announcement.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
CARDANO HTF SYM TRIANGLE PLAY ADABTC forming a bullish Sym triangle which normally would play out to the upside, however pending BTC action we may see all alt coins take further dumping as BTC pumps.
Currently waiting for confirmation on ADABTC before taking any positions, will be waiting for the break then re-test/hold of either side of the triangle in order to take positions either way.
Play for either direction is below;
LONG PLAY:
Will be looking for a break in Sym triangle then a re-test confirming break
SL : pending new structure that has formed
TP's on the way up: 590, 620 & final TP at 680
SHORT PLAY:
Will be looking for a break in Sym triangle then a re-test confirming break
SL : pending new structure that has formed
TP's on the way down: 510, 480 & final TP at 450
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