Adabtclong
💡 Don't miss the great buy opportunity in Cardano/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000059). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Cardano/Bitcoin ADABTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0000073
TP2= @ 0.00000940
TP3= @ 0.00001160
TP4= @ 0.00001585
TP5= @ 0.00001940
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#ADA BIG UPDATE #ADA UPDATE :-
#ADA Pumping Well But Still Trading Below Trade line Which Is Very Strong Trade Line (Since May 2018 ) So We Will Don't Enter in #FOMO. We Will Wait Closing of 3 Day's Candle (Tomorrow Will Close).
If #ADA Will Take Support On Trade Line After Breakout Then It Will Be Opportunity For Safe Ride.
ADA is preparing for Long term rally, ready to grab it?Hello Friends,
Lot of low volume alts are popping up, kind of selective bull run. We yet to major movements are big volume coins. Few signs are seen, sharing with you.
ADABTC after 01-Jan-2018 high, 15 months price was in downtrend. May,2018 was the period the price was above 200MA.
(200MA is seen as major indicator for bull and bear). After May, 2018, now we are trading above 200MA.
If you notice the chart, the price movement is between 800 SATs to 1100 SATs for last 6 months which is very good consolidation. Can this hold? As long as Sellers are not interested to sell it below the 800 SATs, seems they are not interested.
Last bull run for ADA BTC started at 650 SATs, check my previous call (1 year old one)
So if you compare 650 SATS, price touched 830 SATS from the high of 9000 SATs which is down by close to 90%. Wow !!! Yes, you are right. Price has bounced back 1100+ SATs levels after the 829 SATs low and trading above all moving major moving averages.
Now moving averages will act as support. The support is between 1100-1150 SATs (circled one).
One can buy there with sl (your sl based on risk appetite, 820 SATs can be good one)
Entry :1125 SATs, SL : 820 SATs, Target open. Book profits when you are comfortable
resistance zone at 1300 SATs, break and close above can attract more buyers to the coin.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
#ADABTC #BTC #adabtc #btc
CARDANO(ADA/BTC)ADA/BTC Analysis
ADA has seen significant move(40%+) recently and is expected to dip(drop) in the coming days for healthy correction before the next leg up.
Bullish Case:
It recently had a strong upward movement and will undergo a healthy correction(drop) in the coming days.If it manages to hold the support level(green bar) then it will try to the test the next resistance zone(red bar) around 0.00001400 satoshi .
The major resistance level lies in 0.00002000 satoshi zone, if broken then it would be super bullish for the asset.
Bearish Case:
If it doesn't hold the Support level(green bar) then we might see the 0.00001000 satoshi level.The last line of defence for ADA would be around 0.00000800 satoshi level ,if broken then it would be pretty bearish for the asset.