ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level.
ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result.
This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart.
Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably.
the index is tracking at 50.91, which is marginally below a resistance level of 52.00.
In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark.
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ADABNB
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) ended a four-session losing streak on Monday.
After a low of 0.3573 on Sunday, ADA/USD rose by 2% today, reaching a high of 0.3732.
Today's price rebounded as the bulls rejected the breakout of a floor at the 0.3570 mark.
This coincided with consolidation at an important support point of the RSI, with price strength moving away from the 40.00 mark.
The index is now tracking at 44.29, with a higher range of 49.00 a potential target for the ADA bulls.
If this area is reached, there are relatively good chances that Cardano will trade above $0.3800.
I have tried to bring the best possible outcome to this chart.
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ADA/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ADA/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA) extended its own recent sell-off on Friday, with prices falling for a third straight session.
ADA/USD dropped to an intraday low of $0.3558 earlier today, which comes after prices peaked at $0.3896 on Thursday.
As a result of this drop, ADA slipped to its weakest point since January 25, breaking out of a floor at $0.3590 in the process.
Since falling from this point of support, ADA has somewhat rallied, with bulls moving to buy the dip in price.
This took place as the RSI leveled out at a floor of 46.70, with Cardano currently at $0.3611.
If this floor on the indicator continues to hold firm, there could be a rally over the week, with bulls re-entering the market.
This is not a piece of financial advice.
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ADA/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA) hit an all-time low in today’s session, as sentiment in cryptocurrency markets remains bearish, following recent economic data.
ADA/USD dropped to an intraday low of $0.2845 earlier in today’s session, less than a day after trading at $0.3026.
Today’s sell-off comes as cardano fell for a third straight session, breaking out of a key support point in the process.
Looking at the chart, the aforementioned floor is at the $0.3000 mark, which was broken once before, on November 21.
The 14-day relative strength index (RSI) also moved below a floor of 35.50, and as of writing is tracking at 30.91.
This is the lowest point the index has hit since October 22, with prices hitting a bottom of $0.3100 on that occasion.
This is not a piece of financial advice.
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IS CARDANO READY TO GO 280% ?Hello, dear traders welcome you to this ADA/ USDT 1DAY chart analysis.
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ENTRY:-$0.3278,$0.4576 (SPOT_CALL )
TARGET:-280%
STOP LOSS:-$0.2190
As we can see at the above mentioned chart that Cardano has been in a downtrend for over 8 months now. I can see the first signs of strength appearing on the chart. The volume indicator is showing large sales - it means that the Holders have finally been thrown out of the market.
In current scenario ADA is trading above the green support zone.
Now I am expecting more % down towards the lower support zone area which is also a good buying zone for ada.
If ADA HOLDS the upper trend line support well then soon we will able to see a bounce towards the yellow resistance zones at the price level of $1 - $1.2 in upcoming weeks which is almost 280% from the bottom level.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#ADA/USDT 1HOUR UODATE !!Hello, dear traders welcome you to this ADA/USDT 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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ENTRY:-$0.5270,$0.5450
TARGET:-40% TO 50%
STOP LOSS:-$0.5020
LEVERAGE:-10X TO 20X
As we can see from the above-mentioned chart that ADA/USDT was trading inside the symmetrical triangle pattern and broke upside.
Now, ADA is trading in a support zone and retesting the upper trend line.
Here I am expecting a bounce from the current price level which is $0.5520 towards the price level of $0.7890 which is almost 50% from the current price level.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
🥉 The Battle For 3rd Place - 🐼BNB vs ADA 🐂ADA Cardano has recently lost the third place on the Market Cap board to Binance BNB.
At the time of this post:
BNB Market Cap: $81,061,213,520
ADA Market Cap: $70,016,420,198
Tether Market Cap: $69,066,935,532
Cardano is looking for a rebound further to our idea yesterday which you can read here:
Technically, ADABNB chart is at a possible support level at the moment, ADAUSD chart is in a wedge (volatility inbound) whereas BNBUSD chart could be facing it's major resistance in the next hours/days.
Let's not ignore Tezos which is so close. We might cover this in a separate post.
Personally I see Cardano in 3rd place again, in the next period (2 months)
Keep in touch,
the FXPROFESSOR
ADA new Mainnet March 1st could price hit $2.3?ADA new Mainnet Upgrade March 1st could price hit $1.3, around Fibonacci Extension Level 1.618? Please share your thoughts!
* This is NOT financial advice, I will NEVER share a financial advise, I am just using my own analysis and bringing this up to consult with the community and share thoughts together!
ADA/BTC (Pullback to 100D MA?)ADA/BTC
-Cardano is on a short term downtrend since the High at 1600 sat
-Its value has depreciated by -32% from the top
-If ADA will continue its short term trend
-It is likely to retest the 100D dynamic support
-Which is somewhere around 1000 sat area
-This is also a confluence of previous support in the past
-I recommend only to wait for any reversals or bullish strength
-Before placing a bid order to reduce the risk in the market
-Please be patient, do not rush, wait for the trade to come to you
ADA/BTC (Local Resistance Break)ADA/BTC
-Broke above the local trendline resistance
-Finally above the 50ma and bullish cross of 20ma
-The local support is located at 1360 range
-If this level will hold for the next 2-3 days
-We will likely see another upside continuation
-The next strong resistance is at 1750 range
-Bearish side, if the price goes back under 1300
-It will decrease the potential bullish breakout
ADA/BTC (Healthy Pullback?)ADA/BTC
-the price has retraced to .618 fib support area
-just below fib level is the 50ma on 4H timeframe
-if the current price level will not hold
-we may see a little more dip just above the .786 last fib support
-this is an interesting zone for buyers to start jumping in
-we know there is still good fundamental news about this coin
-I'm sure buyers are awaiting for good pullback entries
ADA/BTC (Breakout Confirmed)ADA/BTC
-broke daily recent top resistance
-with strong volume liquidating most short orders
-if you are looking for a rebuy zone
-a pullback just within the recent top to become new support
-is a good entry zone provided reversal signs is seen
-the next daily resistance is located at 1192s
ADABTC 40% Profit now and still waiting for 120% Target #ADABTC Profit and Re-entry Update:-
#ADA hit Our R1 and R2 Target Level and total 40% profit within 9 days.
This Profit is Pure Profit and Without Leverage but if you opened Long with 5x leverage then 200% Huge Profit.
I booked Some profit at 920 Satoshi for short term and some Holding.
And wait for Retracement level around 800-830 Satoshi.
After this Retracement I can expect #ADABTC next Big ride Coming Soon towards 1200/1900 Satoshi.
Support:- 800/680 Satoshi
Resistance:- 1165/1904 Satoshi
Congrats guys enjoy the ride and secure your Profit.
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Thank you
ADA/BTC (Strong Bullish Candles)ADA/BTC
-the previous analysis is to buy the closed above resistance
-after a day, the price went up over 30% without leverage
-market structure is bullish
-the Cross Ultimate Indicator trade priority is Long
-next resistance is located at 960-1000
-I don't recommend to enter any position right now
-wait for a pullback or consolidation channel to form
ADA/BTC (Strong Uptrend?)ADA/BTC
-cross ultimate indicator signal Long priority
-daily uptrend continues again
-currently approaching recent swing top resistance
-if we break and closed above it
-trading Long position is ideal
-targeting the mid term resistance at 1195
-btw we have good fundamentals news today
ADA/USDT (Consolidation Before Another Leg Up?)ADA/USDT
-the market still valid in an uptrend
-cross ultimate indicator signal is Long priority
-holding above moving averages
-a best safe strategy is break of resistance box
-open a Long position and target the swing top at 0.07171
-key stoploss is below 0.050
ADA/BTC TA Update (Flip Old Resistance to Support?)ADA/BTC
ADA has dropped over 25% from the top 690 sats area. The price has now reached the average zone and gold Fib 0.618.
Current price levels coincide with the previous resistance zone and have the potential to flip this into new support if ADA can break this descending trend-line resistance.
I need to see ADA hold this current price for the next 4-7 days to decrease the downward pressure from the bears.
If you are looking to play this on the Long side. You must have patience and wait for the right confirmation before pushing the green button.
ADABTC (Cardano) hit our short entry and now Good ProfitADABTC hit our Black box and our Entry was filled.
And Now Current price of ADABTC is 473 Satoshi and entry was 486-487 Satoshi.
And still we are se in chart bearish.
If break down then Our Target will be 465 Satoshi and 455 Satoshi.
200MA very good working as a support.
5x leavers 10% profit.