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ADAUSDT | Cardano Is Ready For Big Move!Hello, dear subscribers! ADAUSDT ANALYSIS Current price action for Cardano is very interesting now. We can see the upward trendline and also the price range between $1.01 and $1.45. There are 2 potential scenarios. 1.Green. The price will bounce off the trendline again to the range upper band. In this case the $1.14 acts as a support level for the potential dip buying. 2.Red. The range's lower band can also be reached. Thus, $1.01 is a nice level for the safety buy order setup. ADABTC ANALYSIS These two charts are related to each other we can see almost the same situation for ADABTC. If the trendline is going to be supported the green scenario for both markets can play out. The price of ADABTC drop to the support line can occur in conjunction with red scenario for ADAUSDT DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
CARDANO BOPPERS Volume cycle complete from $0.10 prices. No signal, I personally think this wave is consolidation enough to never see $1 again. To find price targets, we can use ratio's to ETH's market cap , because Cardano is definitely generations ahead in technology. ;) ADA 38.7B - ETH 237B At 16% the size today, $6 ADA would match todays ETH valuation. 100B will mean a roughly $3 ADA, I don't think that's far off. Comment your thoughts or tell me about your alt-bag. Follow me for my other bets, VeChain/ Vet Bet. Side note, love this fib.
BINANCE:ADAUSDLong
by trentonscoleman
Cardano in 2021 vs Ripple in 2017Yet another long term chart. Heres why I think ADA in this bull market can be what XRP was in the last cycle: 1. ADA IS , like XRP WAS, a top 5 coin 2. ADA has a lot of believers and a lot of haters. XRP was probably the most hated coin in 2017. 3. People who hate ADA are convinced it is useless (similar to XRP). Now XRP has been proved to be useless. With ADA, we don’t know. 4. XRP has seen two mega cycles, ADA has seen one. A comparison of price action over the long time period shows ADA’s bull target should be somewhere between 7-15 USD. If you think this valuation is ridiculous, guess what? Back when ripple was worth 3 cents, a forecasted value of 30 cents was deemed to be ridiculous. XRP eventually went close to 3.4 USD. Now you might argue that using that logic, ADA could do a 100x to 100 USD: That is highly unlikely because of the market maturing as a whole. Also there are a lot more alts that will suck liquidity. I will not be shocked if ADA goes to 6-7 USD this year, comparing XRP’s performance in 2017, this is a conservative estimate. 15 USD is also possible. Both these levels were obtained by comparing fib levels between ADA and XRP. Good luck!
POLONIEX:XRPUSDLong
by brotoshee
4
Cardano (ADA) - April 1Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- We have to see if we can get support and climb in the 1.15577388-1.22749797 section. In particular, it remains to be seen if it can rise along the uptrend line. If you go down at 1.05403273, you need a short Stop Loss. If it falls between 0.84429438-0.94060159, a Stop Loss is required to preserve profit and loss. It remains to be seen if the CCI line can rise on the CCI-RC indicator. If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary. --------------------------------------- (ADABTC 1D chart) We must see if we can quickly ascend above the 2097 Satoshi point. If you fall from the uptrend line, you can touch the 1705 Satoshi point, so you need to trade carefully. If it falls at 1705 Satoshi, Stop Loss is needed to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, you need to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ADAUSD
by readCrypto
1
ADA Cardona forming a head and shoulders patternFellow traders, Be prepare for the next move. It appears to me that the completion of the head and shoulders is completing now and we are going to see the last part of this pattern. In my opinion this is really needed for ADA to continue upwards on a solid ground. Also it's a very good opportunity to buy at the bottom and collect your profits later. What to expect next is we will revisit the 1.13 area, and following that to revisit the 0.96 area. If we go below the necklines, than we have confirmation of what is going to happen next, correction to the level of 0.75 area. Goldens buying opportunity between 0.85 and 0.75 to open a long position. Please trade at your own risk.
KRAKEN:ADAUSD
by PatrickHob
9
Cardano (ADABTC) - Coin of the weekCardano is a proof-of-stake blockchain network that aims to empower "changemakers, innovators, and visionaries" to effect lasting social change. The open-source project also seeks to "redistribute control from unaccountable institutions to the margins to people," resulting in a more stable, accessible, and egalitarian community. Cardano has a price today of $1.22 USD with a 24-hour trading volume of $6,719,866,914 USD and a market capitalization of $39 billion. It has a circulating supply of 31,948,309,441 ADA coins and a max. supply of 45,000,000,000 ADA coins. Cardano started an uptrend on the daily timeframe in the middle of January and topped on the 27th February at the price of 0,00003195 BTC per ADA. From the 27th of February until today we are in a retracement that looks (now) like its correcting for at least one more leg up. On the 4h timeframe we have a structure that started in the middle of March and it’s still developing. Crucial zones that will determine the future direction of this pair are the support area and the minor resistance marked on the chart. If we see a down move that will break the support it will increase the chances for a deeper retracement. If it will break the minor resistance and will consolidate there, we should see the price trying to reach the major resistance. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Short
by financialflagship
38