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Adaanalysis

LOOK AT MY PREVIOUS CHART!!!!Hey fam!! I hope you guys doing well and dont worry cuz market crashed. If you look at my previous chart for ADA, you can see i was expecting to touch my fist support at $1.8 and as you see, you can see it was really close. RSI and MACD is important indicators. Now i made two one more support for who those want to buy when dip nr.2 is coming. I think from now until 27 of sep the market is 50/50. You can take you risk if you want. Feel free to comment and I'm always open to know your idea :) Stay safe.
by mustafaasharifi
ADA ready for $3.20Since August 11th we've continuously created Higher Highs & Higher Lows, even with this large pullback we are still in this Uptrend since we haven't crossed over the previous Higher Low. If we are able to continue along this Uptrend we may reach $3.20 heading into Thursday afternoon/evening. We've got a lot in the near future for Cardano which I do expect us to continue on this trend heading into September. On the other hand, we may break the Higher Low & exit this trend which means we could fall too $2.38 followed by a Consolidation phase.
BITFINEX:ADAUSD
by Kyle_Kinnaird
ADA Analysis, Cup and handle pattern, RSI divergence Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Cardano (ADA) cryptocurrency surged by over 18% to set a new all-time high of $2.57.A Big Cup & Handle pattern emerged and broke out 3 days ago which explains the coin movement, The coin is having a very good Bullish movement which could be the start of a Bullish trend. Be careful from the Divergence that has been found between the RSI And the Market that could be a reversal sign and the price has a very good chance to drop down. The Market does seem to be Turning Bullish with this push and we can see 2 different scenarios on how the market could move in the next few days. Bullish Scenario : The Coin is at 2.742346 right now, if the Bulls kept supporting this trend then we will see the market hitting the first resistance line at 2.565357, Notice with the Bulls power right now they shouldn't have any problem breaking out the first line, But the real Battle starts at the next resistance level at 2.675435 where the Bears will try to gain control back over the market and if they fail then the price will keep going up reaching the 2.771431 range. Bearish Scenario : We spotted a Divergence between the RSI and the Market this could be a Reversal sign and if that would to happen then the current trend will change and the price will drop down and it's going to be on its way to the first Support line at 2.359283 where the Bulls will try to retake control over the market and if they fail then we could be seeing a bigger drop and the market will be headed near the support area at 2.263287 - 2.153209. Technical indicators showing : 1) The Market is above the 5 10 20 50 100 200 MA and EMA (Bullish sign) 2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal Line 3) The RSI is at 78.79 sitting in the overbought zone, With a divergence between the indicator and the market, which could be a reversal sign. Support & Resistance points : support Resistance 1) 2.359283 1) 2.565357 2) 2.263287 2) 2.675435 3) 2.153209 3) 2.771431 Fundamental point of view : it seems like the “Alonzo” upgrade has a significant impact on investor sentiment. The upgrade is about smart-contract features and addresses what critics have called one of the network’s most glaring deficiencies. For instance, smart contracts have been a revolutionary strength in the blockchain industry. This is because they have allowed the creation of Decentralized Finance protocols, non-fungible tokens (NFTs). Also, a new form of carrying out trades without the need for an agent. Cardano (ADA) is one of the projects that have gained momentum throughout 2021. But now that the project’s long-awaited smart contract abilities are on the verge of becoming reality, the crypto is on the hill of setting new all-time highs. According to Coinquora This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
KRAKEN:ADAUSDLong
by GabiDahduh
8
ADA Blush Reversal or Head & ShouldersSince we've had this pullback we've reached a important resistance moving forward. As you can see if we fall below this resistance we may end up creating a Head & Shoulder pattern which we've seen many of times where we consolidate after then get bullish. Or we could hit this resistance creating Double Bottom which usually follows up with a nice Uptrend. Excited too see how this plays out, come beginning of September were going to be going for $3.
BITFINEX:ADAUSD
by Kyle_Kinnaird
ADA About to take off!?ADA is looking pretty great trading inside this wedge with having 3 wicks at the top in just the past week, if we don't break through here there is a chance we start to come back down a little but i believe a breakthrough of the wedge is coming. First of all a huge factor for this is continuing to hold above the the pivot point which we have been doing quite well, and doing so will be a trend reversal for us and we will likely gain bullish momentum pretty quick. Looking at the bollinger bands aswell, we are nearing the top band which is always highly bullish, we could see price action grab onto top band and start to go onna bit of run up more than likely right through the top of the wedge! Now finally the RSI is looking great we have broken above the 50. point midline, over the past couple couple months we have really struggled to stay above the midline and we were stuck in a confirmed downtrend, now if we can successfully hold above here we will indeed get a trend reversal and a confirmed uptrend. Not financial advice just my opinion!
KRAKEN:ADAUSD
by JacobR905
Cardano accumulates strength for a strong move 🧨🤯The last few days have seen no strong movements on the Cardano chart. Volatility has decreased and this means that price is building up strength for the next strong move. Which way this move will go cannot be predicted 100% but the chart shows that price is trading in a local triangle, slowly pushing towards the upper boundary. If the price continues to squeeze, breaks the upper boundary as resistance and tests it as support, it could be a good opportunity to enter the position, with the targets higher! Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
17
Cardano - is approaching an important level !!!🚀🚀After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible: 1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target. 2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
12
ADA, Cardano - growth without volume!!! Wait for the pullback😮On the ADAUSDT we see the formation of a wedge pattern, also the price creates each new high without increasing volume, which means that the price can fall and collect stop losses under this key level of $1.108, after which I would look for an entry long opportunity. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
8
Cardano (ADA) - 12h. The last downward impulse? An unsuccessful attempt to fix the ADA price above the range $1.4-1.5 provoked a new wave of decline and returned market participants to consolidation. During 2021, the $0.9-1 range has saved the ADA market from total destruction for the fourth time. The importance of this range can also be seen in terms of trading volumes on June 22: As you can see on the daily timeframe, since May 16, sellers have been confidently holding the black trend line and do not allow buyers to counter-attack. After May 23 trading volumes fell. It happened in the important range $1.4-1.5 which was considered the upper border of consolidation for 3 months. Buyers' passivity in the $1.4-1.5 range was so high that the ADAUSDT price continued to fall and consolidated below this price zone on extremely low volumes. On June 22, in the $0.9-1 range , we saw the interest of market participants and the likelihood of fighting for a new wave of growth. we can risk buying this coin with a short stop. However, the price fixing below this range or consolidation on low volumes with the same character as it was in the range of $1.4-1.5 in the period from 8 to 18 June will be a signal for a continuation of the fall with the first target of $0.7. Looking at the smaller timeframe, we can safely assume that buyers are preparing to test the range of $1.4-1.5 within the framework of real local growth. Given the importance of this range, we expect a rebound in the price and another attempt by sellers to take control of the market. It is from this attempt that the next medium-term price movement will be clear. A positive fact for buyers can be seen on the chart ADABTC: As you can see, the correction after the growth wave from May 5 takes place in consolidation and at low volumes. The worst-case scenario for the ADABTC market at the moment is test of the 0.000031-0.000032 range. This range stopped the price growth for almost 3 months. Therefore, our subjective vision is a new local growth wave with a stop in the range of $1.4-1.5.
by P_S_trade
20
Cardano (ADA) - 6h. Even a strong beast is weakFor almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the ADAUSDT market. However, after this emotional upward movement of the price, the interest and confidence of the buyers plummeted. This is clearly seen in the volumes and the lazy movement of the ADA price over the past 2 weeks. In fact, the price is still moving in a broad consolidation of $1.22-1.9 . Our previous idea showed that now buyers have not yet succeeded in building a trend movement. Sellers easily broke the buying trend and made it clear that at the moment it is not yet clear who dominates the market. Therefore, we will buy this coin in 3 cases: 1. During an easy test, the mark of $1.5 2.during the test of the black trend line of the triangle in the range of $1.2-1.25 3. After fixing the price above $2 While the price is within the triangle, we can more than once witness a sharp upward or downward impulse of the ADAUSD price without logical explanation and support by volumes. Therefore, in such a situation, we expect critical points and only they make decisions. To be more convincing, we show you the ADABTC chart: Such a chart does not at all hint at the strength of the market and should discourage buying this coin at current prices. ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
38
ADAUSDTAs you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target . Dont forget to put the stop loss and In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
by Marjansadeghian
#ADA - Elliott and Fibonacci AnalysisAlright folks, I did sell my position for a small profit, will only buy back once we see an uptrend for a Trade. PS: We are still in correction but overall bull run is still intact, Corrections are very tricky and can never be correctly analyzed as it's triggered by a lot of bearish/bullish news media attention, until that cools off, bears will stay active until they lose the steam and bearish news doesn't show much strength on the fall. ~Happy Trading.
KRAKEN:ADAUSD
by ActorBay
1
ADA, Cardano - did u earn with me? 25%⚡️3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%! What's next? We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
27
Cardano (ADA) - 6h. Positive scenario - growth to $2.5-2.7A display of character is a good sign of strength. This is what has distinguished the ADA market over the past week. Having broken through the global consolidation upwards, the ADAUSDT price successfully survived all the turbulence of the cryptocurrency market, which was provoked by BTC. In addition, our previous idea worked: If before May 8, the ADA market confidently followed the rise in the price of BTC, then since May 9, the markets have parted ways. On the daily timeframe, we see that the Cardano (ADA) market experienced a fall in the price of BTC by more than 20% in consolidation above the broken range of $1.45-1.5. Given that the dominance of BTC continues to fall further and may soon be below 40% , the continuation of the independent movement of the ADA price is quite likely. For the final confirmation of the strength of buyers, we want to see a retest of the local range of $1.66-1.69 . This range is not quite noticeable as a powerful liquid zone: As you can see on the hourly timeframe , the ADA price calmly crossed it both up and down. However, it was this range that stopped the ADA price when it broke through the upper line of global consolidation. Confirmation by buyers of control over the range of $1.66-1.69 will be a bright signal for the continuation of the upward trend with the target of $2.5-2.7. An alternative scenario in the ADA market will come below $1.66-1.69. In this case, the white trend channel of growth, which buyers form from April 23rd, will become invalid. Then we will wait for the ADA price to buy in the range of $1.17-1.21. __________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
48