ADA, Cardano - going to ATH and higher🔝Price was in a range of more than 2 weeks. We broke the key level. And we stay in the retest zone now. I entered the position with stop-loss. First target - 1,48$
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
Adalong
ADA/USDT : Moving above bullish trendline BINANCE:ADAUSDT
Hello everyone 😃
ADA is moving above two bullish lines.
Now there are two important zones !
- Support zone around ~1.1$
- Resistance zone below ~1.3$
Both zone can hold or reject ADA but there is a coming event in August.
The development team behind the CARDANO blockchain is unveiling new details surrounding its smart contract release...
In the wake of its Mary protocol release this March, Charles Hoskinson’s CARDANO is revealing that its Alonzo upgrade will launch this coming August.
IOHK (Input Output Hong Kong), CARDANO's development company, announced this week that the Alonzo upgrade will add support for smart contracts to the CARDANO blockchain.
The update will allow developers to start building on the CARDANO platform – a highly anticipated functionality that the Ethereum network currently possesses.
IOHK notes that the upgrade aims to support businesses and provide support for developers wishing to build decentralized finance (DEFI) DApps.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Cardano head to the ATH!!!Cardano achieved a new ATH in early 2021
After that it tried to reach it but price went down as soon as touched its ATH
We know that Cardano is far away from market recent growth and its seems the time has come for Cardano
Price is moving in an uptrend toward its targets
TP1 : 1.34$
TP2 : 1.47
Cardano and a green trend line.On March 10 Cardano dropped out of my green parallel channel that it’s been in since the new year. Besides the spike to a dollar and a half mid month it’s been below that channel since. My original trade plan back end February was to buy at 1.26 and watch it goto three bucks so needless to say, the plan is gong splendidly.
The spike led into a bull triangle in yellow, in which I thought it would drop a little farther to the next res/sup zone of buck one, but the good news yesterday gave it the shot up out of the triangle.
I’ve added a green trend line that seems to be forming in the higher lows. The 4hr MacD looks to be neutral and I’ve just checked the 1 and 2 hr MacD’s which both have dot positive green. The daily MacD is also arcing upwards to positive green.
All good signs so I think it will follow the green trend line as it climbs the res/sup zones until its in the clear area with no lines or zones, bye bye.
My thoughts, not advice Oklah. Cheers
ADA - My previous scenario failedlol! This is life!
I am not a GOD who can predict 100%!
I am an analyst who tries to find the signs and even share thoughts, I am not sure why people become angry when they read some idea that is not the same as theirs.
During these past days, just because of one mistake ( which might even happen for big and famous analysts that I am not even their beard) I had very bad comments and disrespectful msgs! It's not fair!!! We have to learn to respect each other and listen to the ideas and thoughts of other people and if we do not agree with them, give them hint!
Ok! Leave all these! Double bottom in the bigger double bottom and up! that's it.
I am sorry if I made some of you confused!
ADA EMERGENCY UPDATE: DONT CALL THE FUD!!!ADA EMERGENCY UPDATE!!
I have seen a lot of FUD because of ADA's flash crash; double tops, going back to 1$, ADA is like DOGE or XRP. No, no, no, no, no, no and no!
All wrong! I bet you are looking at ADA after the crash and are like: WTF?! Read this and calm down!
FLASH CRASH / LONG SQUEEZE
Since everyone was dropping mad LONGS on ADA just like I told you in previous updates, market makers decide to squeeze you out of your long, they always do that!
Secondly we had a bunch of people shorting the ATH which created more selling pressure, check my last ADA chart I warned for a drop there.
Lastly, we had Coinbase absolutely f*cking up the price at the listing; opening with 1,65$ and even touching 2$, ofcourse that freaks traders out if ADA is 1,40$ on other exchanges.
SHOULD IS SELL MY ADA?
The answer is no! Due to this pullback we had to chance to see how healthy this pump is and I can tell you; it is very very healthy.
As you can see we found support well above our bull market support line; its simple; if we stay above this line we will climb to at least 2$ in the short / middle term (a few weeks, not months) if we drop below the bull market support line, we could see a pull back and a short term bear market, still even then; 2$ is imminent in this bull run.
LONG ENTRY
I see possibilities for a MASSIVE long entry, just like my last update, check chart for entry and targets.
And yes, Im still in my old long (+300%) and im not gonna sell!
WHEN DO WE PUMP?
The pump can start anytime from now, personally I expect the biggest pump to come afternoon / evening times PT, so that would be coming night and the night after.
This weekend will be massive for ADA and we could already reach 2$ in a few days, I am not saying we will but it is possible! Do you understand now how much money market makers need to pay to those who long?
Exactly and thats why they flash crashed the market to liquidate or stop you out, luckily for me and you all, we had the signal well before the pump and to stop us out they'll have to literal;ly crash the whole ADA market.
Not gonna happen! ADA is not gonna crash and if you bought the top, chill out and be patient! Look at the orange bull market support line, it goes alllll the wayyy to 2$ and beyond. Time is on your side, dont freak out!
Simple TA: all ADA pairs are bullish for Cardano, thats it! Dont be played by CZ and the gang, they love to take your money and your ADA, dont get rekt!
CURRENT SITUATION >>> ADA 24HR CHANGE: +4%! // FOLLOW THE TREND AND DONT CREATE FUD, WE HAVE 2 TRILLION TO DOUBLE SPEND!
IMPORTANT: I dont give financial advice, I only state my opinion based on my knowledge of markets and TA, invest or trade at your own risk and research.
Support areaHi everyone, I hope you are doing well.
After this short consolidation we can see that we have reach a very big support on the ADA/BTC pair. This area is a part of the previous resistance from April 2019 and was also a support in various occasions in 2018. The 4 hrs oversold as the 6 hrs and almost the 12 hrs are confirming the bias that we will hold this strategic position.
In case we don't hold it, we should see a test of the EMA 200 at the daily (arround 1200 sats) and a clear weekly consolidation. This would be short term bearish for ADA/BTC and very unlikely if we consider the investors sentiments, the fundamentals and the positives news coming during the next months. Anyway the market could be affected by bitcoin going down as a Black Swan event.
Daily
Weekly
In case our bullish bias is validated we will probably see a green hammer on the daily today and forming a good output for the week-end in general. I expect a close between 1945 and 1970 sats placing the trend over the EMA 12 at the 3D (I don't have the image sorry) to perfectly create the conditions to start a bounce and the rejection of the bear cross of the EMA 12 under the EMA 26 at the daily. Nevertheless we need to be careful with the 3D that is still in a zone that could trigger a weekly consolidation heading for 1630 sats. Everything let us believe that April would be very bullish for Cardano with a potential bull cross on the monthly.
Monthly
About the resistances we can see a dynamic resistance (in red) that give us information to when to consider a possible test of the historical resistance at 4190, one of the last major stone before thinking to see ATH. More information will be available once we break our local high at 3200 sats and the dynamic resistance.
In case we hit 4190 sats very fast, we should expect a correction between 40% and 55% to cool off the monthly and weekly rsi.
Ada know what to tell you but I am "Ada" here! Cardanoooooo! 📉Ada know what to tell you but I am "Ada" here! lol Ya so it has recently come to my attention via notifications and Dm's that ADA doesn't want to stay in its little bubble. Well down she goes anyway. There is too much to unpack here but "price go down bro.." This is just one of those not ever down done situations seriously most will likely spend all their time around price and ask questions like "where is this goin?" It's funny because this is like the same stuff you'd find a few years ago on what's hot about ADA!?LOL I know a Coinbase listing would help temporarily for price??? Again why ADA because bro ETH Killer umm sure how about ADA "gohstchain"👻 because its basicity dead.
Pick a time frame pick a shooting star and make a wish. 🌠
(PLEASE stop saying MOON) 🌝lol
As an argument to what I am saying "Ya, something MEGA bullish can "slosh" some cash from some other crypto for another moon shot but at the same time I think that button may perhaps be wearing out."
[b ]"I personally feel that buyers are going to increase their exhaustion buying dumps. Also Minimum Wage Hike hasn't hit fast enough for the little guppies to nibble up all the Whale crumbs.. As things sink down toward the inevitable abyss."
"Noobs please try to understand some people have had bags bigger and longer than you."
(Placer note Emoticon Shoulder Shrug) 🤷♂️ #Fixed
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
"KEEP CALM AND MANAGE THY RISK!"
#ADAUSDT Fractals speak of 46% profit PotentialWelcome to this quick update everyone.
ADUSDT Broke out and currently it is testing the resistance turned support line continuously and giving us opportunity to buy in dips.
If you remember few weeks back while BTC was under retracement ADA was pumping at that time.
Although the market is uncertain it's highly likely that ADA will pump all the way to $1.5 to $1.7 when BTC takes off.
Do your own research before investing.
ENTRY : $1.02 to $1.13
TARGETS
Target 1 : $1.30
Target 2 : $1.42
Target 3 : $1.60
Stop Loss : $0.97
Our previous setup on ETH hit all our targets within 24 hours!
Hope this one goes too.
Do show your support with your likes and do not forget to share your views and questions in the comment section.
#PEACE