BINANCE:ADABTC
Ithink BTC will make one final fast dive down to 5400, this should start the first leg of ada, then as btc recovers slowly ihink most of the alts especially ada bch will out perform btc
Trading within a Corrective Channel formation.
The medium term bias remains bearish.
A break of 0.03720 is needed to confirm follow through negative momentum.
The formation has a measured move target of 0.01644.
Further downside is expected, however, due to the strong support below we prefer to sell a break of 0.03720, which will confirm the bearish...
Technical analysis:
. Cardano/Ethereum is in a down trend 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 29.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical 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.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. The RSI downtrend and the price downtrend in...
Recurring theme here. sadly bitmex scam wick slipped me out on my first trade i posted. but we move on and re-trade. Imo LTC has had its reversal pump. EOS has had its reversal pump along with TRX, XRP had the reversal pump back when it did 70% in a day. Ada is left. daily closes above 200 ma means moon in crypto. 3 TP's crazy reward. broke MS but started a new...
Pair: ADA/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform...
Technical 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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price...
Here you can see ADA/BTC. We are at the bottom and also in my BUY Zone of ADA. My trades: Binance 5% of capital in ADA ( LONG TERM TRADE )
And of course BITMEX ( LONG POSITION ) Leverage 10x.
Your Mikl_Owl
As you can see on the chart there is a developing head and shoulders pattern. If the last leg developed perfectly, we can expect a potential 22% to the upside to the 1.618 and a further pump to the 2.618 which is exactly same as the head to the bottom distance. A buy stop order can be placed just above the neckline of the inverse head and shoulders pattern. This...
Technical 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...
Technical 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)...
Invalidation level here is tight, therefore potential Reward is yuuuge.
Pivot support could allow Cardano to really make a big move here, these are the type of trades you want.
Can ADA really go any lower, even if she does, our stop loss is close here and our risk is very minimal.
Always think in terms of risk to reward + strike rate
GLGT
Original idea by...
Technical 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...
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