We are doing Analysis of ADABTC on weekly Timeframe . I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Anish kumar
Almost forming a falling wedge in one day time frame. And its tested the golden ratio twice approximately. If btc move sideways then there is high probability of trend reversal and turning bullish. Have to wait for confirmation of breakout.
double bottom formation in 4 hour time frame Bitcoin dominance decreasing slowly Rebounded back from golden ratio. Soon we see price spike up
on weekly time frame it almost tested the golden ratio/weekly support since 2017 and got immediately bought up. It is very likely that this time it will make higher highs and trend reversal.
Since the 7-July peak, ADABTC printed a lower high and prices are now moving below EMA10. If you read me... You know that closing below EMA10 switches the potential to bearish. We also have a bearish cross starting to take place on the MACD and a retrace now is something we would expect. On the chart above I marked the most important support levels based on...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001215). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ADABTC 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...
Nothing much to say here, everything shown on the chart itself. Breaking out from falling wedge means at least 150% rise against BTC for ADA from the base. Non-leverage traders won't get a better opportunity for ADA. 1188 Sat is where one should light up on ADA bags. Leverage traders follow @tychelab on telegram for proper stops and short term targets. Thanks.
Ada will either retract to support at 750 and then have a pump, or would instead get directly go the upper resistance. If the retraction happens, it is a buying opportunity, and with a 5X margin, a 40% pump would be profitable. Stop Loss: Shown in the figure.
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Cardano ( ADA ) Hits All-time low With Double bottom formation. Interestingly, with this plummet in ADA dominance, the volume shows massive strength for the increase in dominance in the future. Also, RSI represents strong growth for ADA and all these indicators it can be forecasted that the price of ADA will move upside strongly in all the pairs either its USD or BTC .