There is a trading opportunity to buy in ADABTCTechnical analysis:
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001060 to 0.00000975). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001060)
Ending of entry zone (0.00000975)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= Free
Cardano
Cardano Is Getting Ready For Medium Term Bull-Run. Swing Trade.Cardano is now forming a medium-term bullish pattern as per my system.
The price will go nearly 0.00001224 BTC
Entry Price:- 0.00001040 BTC - 0.00001070 BTC
Stop Loss :- 0.00000970 BTC
Tale Profit :- 0.00001224 BTC
I'm a Swing Trader trading the crypto market since 2015. I generally trade on Bitmex. So, I analyze and take positions in all the 8 cryptos of Bitmex. If you a crypto trader trading on Bitmex, you must follow me and if you trade on other exchanges, you can still follow me as you can take positions in these 8 cryptos.
Minimum 35% - 45% return per month is a sure shot. If you want to become my premium member, then feel free to message me and then I'll be in touch with you. The fee is 0.02 per 6 months. I will also post the charts with reasons and indicator.
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So, you can trust on my signals and analysis.
I'll give a free advice, follow me for 5-6 days, and then be my premium member.
Thank You and Happy Trading :)
Outlook chart for ADA/BTCAlthough most of indicator beginning signaling a oversold, Hull MA almost cross down into a bearish trend for a while.. i keep an eye for fib 0.382 for the possible good support around 1300 satoshi .. if it's break high possibility a downtrend keep persist.
There's also a possibility for the price action try retest 0.618 horizontal fib level before to decide to continue it's downtrend.
Please do take this as a grain of salt as there's many factor beyond technical analysis also do involve the movement of price action.. please share what your thought and feel free to share your idea..
peace.
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.
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00032800 to 0.00030900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00032800)
Ending of entry zone (0.00030900)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis:
. CARDANO/BINACECOIN 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 47.
Trade Setup:
We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018.
Beginning of entry zone (0.00740)
Ending of entry zone (0.00670)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00880
TP2= @ 0.01020
TP3= @ 0.01140
TP4= @ 0.01440
TP5= @ 0.01675
TP6= @ 0.01915
TP7= @ 0.02250
TP8= @ 0.02685
TP9= Free
Cardano (ADA) Important Support And Resistance LevelsThe Market Is Right Now In Consolidation.This Is Mid Term Targets
You Can See On Chart There Is 2 Important Support Areas
Support 1 : 985
Support 2 : 613
As You Can See On Chart The White Trendlines Support Is Important At Around 1120 Satoshi If This Breaks Then Cardano Test 985 Support
And There Is 6 Resistance Area
Resistance 1 : 1366
Resistance 2 : 1691
Resistance 3 : 1964
Resistance 4 : 2427
Resistance 5 : 2914
Resistance 6 : 4066
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM 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 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00032750). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034500)
Ending of entry zone (0.00032750)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis:
. CARDANO/BITCOIN 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 45.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001160 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001160)
Ending of entry zone (0.00000970)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001380
TP2= @ 0.00001510
TP3= @ 0.00001700
TP4= @ 0.00001900
TP5= @ 0.00002440
TP6= @ 0.00002900
TP7= @ 0.00003400
TP8= @ 0.00004110
TP9= @ 0.00005080
TP10= @ 0.00006040
TP11= @ 0.00006890
TP12= @ 0.00009180
TP13= Free
There is a possibility for the beginning of an uptrend in ADABTCTechnical analysis:
. CARDANO/BITCOIN 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 48.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001200 to 0.00000970). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001200)
Ending of entry zone (0.00000970)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001900
TP2= @ 0.00002440
TP3= @ 0.00002900
TP4= @ 0.00003400
TP5= @ 0.00004100
TP6= @ 0.00005080
TP7= @ 0.00006040
TP8= @ 0.00006890
TP9= @ 0.00009180
TP10= Free
A trading opportunity to buy in ADAETHTechnical analysis:
. CARDANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034000 to 0.00032500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034000)
Ending of entry zone (0.00032500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00036800
TP2= @ 0.00039000
TP3= @ 0.00043000
TP4= @ 0.00050500
TP5= @ 0.00054200
TP6= @ 0.00071900
TP7= Free
Cardano would probably resume its uptrend again...Technical analysis:
CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is still possibility of temporary retracement to suggested support zone (0.0000250 to 0.0000170), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000250)
Ending of entry zone (0.0000170)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000300
TP2= @ 0.0000345
TP3= @ 0.0000455
TP4= @ 0.0000540
TP5= @ 0.0000689
TP6= @ 0.0000918
TP7= Free
ADABTC Technical Analysis based on Fibs and Elliot Wave theoryThis a Technical Analysis for ADABTC chart on 4 Hour timeframe. It has completed impulse wave 1 and 2. Wave 3 which is usually the longest and strongest wave is just started. Based on the Fib level expected target is somewhere around 5700 to 5800 Satoshis (Taking this a bit on lower side) See the corresponding Fib level as well. Wave 4 retracement may be around 5000 Satoshis.
RSI is showing bullish momentum with higher lows. Please see the red trendline. Please also see how 55 EMA has just started providing support (Blue Line)
This is purely for educational purposes.