Cardano $2.10 | 2021-06-01Get ready for Cardano $ 2.10 if daily candle miss 50% of previous candlestick drop today.
Adausdlong
ADAUSDT ..... 4h# Analysis of the four-hour chart.
# Crossing the moving average 86
# A price channel has been crossed at 1.6474, the target is 1.9115 - 2.1081.
# A head and shoulders pattern is forming, waiting to cross the neckline to target 2.2409.
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= Analysis fails if 1.6065 is broken.
= The #area 1.7600--1.7923 is a difficult and dangerous area
=#new update
Cardano Analysis | Monday - 2021 31 MayIn this part, we are faced with two scenarios .
Scenario one (blue) is faced with a break of resistance at $ 1.90 and stabilization above the resistance, or the second scenario is a collision with resistance and return to the $ 1.34 area .
The (blue) scenario is more likely!
ADARejected from the support at 1.35, ADA has another hop at 1.5, and only after that we can hope for a palpable rebound. The next few hours are important, so for now a moderate to long prediction.
💥CARDANO PERFECT BUY SETUP TO $2.30💥 CARDANO🔥
ADAUSDT BUY/LONG
Entry - $1.53 or market price
Tp1 - $1.78
Tp2 - $2.30
Stop loss - $1.31
REWARD✅ - It has potential of 15% - 50% ROI from entry
RISK - 15% from entry price
Apply risk management
As we can see, here is an inverse head and shoulder which confirms price to go long.
Therefore, I expect price to go long to the first target at $1.78 and if it breaks the neckline upward, I expect it to hit the second target at $2.30.
Once price hit the first take profit, wait for it to break the neckline upward, then buy again.
What do you think?
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Cardano price holds steady ahead of smart contracts rolloutCardano immediately swung into recovery following the massive dip to $1. The upswing was sharp and consistent but hit a barrier at $1.8, which curtailed the planned strike past $2. ADA had traded all-time high highs around $2.5 in mid-May.
In the meantime, the upcoming smart contract token is trading at $1.66. Marginally beneath the prevailing market value, ADA holds onto crucial confluence support at $1.6 created by the 50 Simple Moving Average (SMA) and the 200 SMA on the four-hour chart.
Keeping this anchor zone protected is critical for sustaining the uptrend; otherwise, if lost, massive declines would come into the picture, forcing Cardano to explore the rabbit hole back to $1.
Cardano's journey to smart contract capability nears the end
Input Output Global (IOG), Cardano's developer, has announced the final steps that would lead to the beginning of smart contract support on the platform. A hard fork combinatory event referred to as "Alonzo" will be used to implement the features starting in June and leading to full deployment in September 2021.
In addition to the typical smart contracts that require technical knowledge, IOG plans to introduce an app that nearly anyone with an interest in blockchain can use.
What next for ADA as the price stabilizes?
Cardano is teetering between two key levels; the confluence support at $1.6 and the resistance at $1.8, as highlighted by the 100 SMA. The technical outlook in the four-hour timeframe hints at the trend flipping bearish in the near term.
For instance, the Moving Average Convergence Divergence (MACD) has hit a snag in the positive region and appears to be retreating toward the mean line. If the MACD line crosses under the signal line, a sell signal will be triggered. The downtrend has been reinforced by the Relative Strength Index (RSI) correction toward the mean line.
However, the support at $1.5 can hold and may see the resumption of the uptrend. If the breakout above $1.8. Trading past this hurdle may trigger massive buy orders as bulls speculate the rise back to $2.5.
Cardano intraday levels
Spot rate: $1.63
Trend: Short-term bearish bias
Volatility: Low
Support: 1.6 and $1.4
Resistance: 1.8 and $2
Cardano is on track to complete elliot wave cycle to $3+Big pump before BTC crash - ADA holders are unfazed. Technology is finally catching up to the $1 hype from 2017. It was funny seeing crypto twitter buy the dip all the way down to $.05 during crypto winter, but the strong hands prevailed and was handsomely rewarded. I expect NVDA stock split stock to save ETH and carry BTC back to $50k (BTC is currently at $38k). Elon and friends had a fun time stop loss hunting and grabbing cheap coins. Energy consumption attack on BTC was a nice way to pump ADA to create higher support before they dumped the BTC. We should see overall crypto market higher next month as May BTC future contracts come to an end this week. final target of full elliot wave cycle on ADA with BTC at $50k should take ADA to $3+. Let's take profits after NVDA splits in July.
Cardano price technical breakout sets out for 60% rallyCardano had an interesting last week whereby it rose into the fifth spot on the market despite the freefall in price. The staking platform boasts of a market cap of $48 billion and trails immediately behind Binance Coin.
The trading last week was gruesome not only for ADA but the entire crypto market. From the recently traded all-time high of $2.5, ADA plummeted to the support at $1.1.
However, the downswing appears to have allowed more investors to enter the market at a lower price, explaining the reflex recovery to $1.6. Moreover, a highly bullish pattern is formed on the chart and is likely to bolster Cardano significantly.
Cardano bulls focus on sustaining a falling wedge pattern breakout
The recovery included the breakout from the falling wedge pattern stalled within a whisker of brushing shoulders with $1.6. Perhaps the overhead pressure came from the resistance at the 200 Simple Moving Average.
It is apparent that bulls are fighting to hold at higher support, a move that ensures that buyers the uptrend is not sabotaged. The falling wedge is a highly bullish pattern, with a target at $2.2.
Meanwhile, Cardano must bring down the resistance at the 200 SMA on the four-hour chart and close the day above $1.6 to validate the anticipated liftoff. The Moving Average Convergence Divergence (MACD) has a bullish outlook, cementing the prevailing technical picture.
Looking at the other side of the picture
The Relative Strength Index (RSI) emphasizes the growing overhead pressure following the rejection at $1.6 and the 200 SMA. Its retreat below the midline is a vivid bearish picture that cannot be ignored. Therefore, investors should be prepared for the bearish leg to extend to $1.4 and $1.1 levels, respectively.
Cardano intraday levels
Spot rate: $1.5
Trend: Short-term bearish bias
Volatility: Expanding
Support: $1.4 and $1.1
Resistance: The 200 SMA, $1.6 and $1.8
+630% on 45 mins !!! that's why ADA will reach 10$ 🚀🚀ADA REACHED 23 CENTS !!
19 MAY the price was +2$ n went to 23 cents on the same day !!
I'm pretty sure this the most coin whales agreed to short it.
what we can observe from that:-
1- huge whales shorted from 2$ then closed their short positions n finally they bought tons of ADA.
2- ADA made +630% in minutes cuz they bought a lot.
3- spikes went up after going down cuz they bought first to close their shorting positions.
what we can conclude from that:-
1- this is extraordinary cuz that didn't happen even with BTC.
2- when ADA go up from 23 cents then 1.80 again in minutes this mean that whales believe in Cardano n they loaded thousands of bags.
3- a bullish term indicator for the whole market, they know that Cardano wont go less than 1$ again.
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Cardano price pace sets recovery for altcoinsCardano plunged from highs around $2.4 amid the broad-based cryptocurrency declines. The losses extended below $2 before the bulls regained balanced at $1.4. Like Bitcoin, ADA immediately started a reflex recovery where the gap to $2 was almost closed on Thursday.
Despite leading altcoins in recovery, Cardano stalled under $2 and, more specifically, at the 50 Simple Moving Average (SMA) on the four-hour chart. A correction ensued, allowing bears to come into play.
At the time of writing, ADA is doddering at $1.75 after losing the key support at $1.8, provided by the 50 SMA. Higher support is needed for the bulls to concentrate on recovery fully. However, all is not lost because short-term technical levels appear steady.
Cardano rejected at the 50 SMA, but bulls focus on $2.4
The Moving Average Convergence Divergence (MACD) on the four-hour chart has a bullish impulse. For instance, the MACD line (blue) has crossed above the signal line, insinuating that it was time to buy into Cardano.
Note that the MACD is a chart overlay indicator tracking the trend of an asset and measuring its momentum. Although it does not suggest whether an asset is overbought or oversold, the MACD helps identify positions to buy the dip or sell the bottom.
A confirmed break above the 50 SMA will assist in guaranteeing the journey above $2 and toward the all-time high at $2.4.
However, the Relative Strength Index (RSI) has a bearish outlook, hinting at a more extended correction. As the RSI drops under the midline, overhead pressure rises; thus, jeopardizing support levels at $1.6 and $1.4.
Cardano intraday levels
Spot rate: $1.75
Trend: Bearish
Volatility: Low
Support: $1.6 and $1.4
Resistance: $1.8 and $2
ADAUSD BUY/LONG NOW READY FOR TO FLY LEAST 2.820 - 3.400TICKER CODE: ADAUSD
Company Name: Cardano
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 ( Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Buy Entry: NOW READY (1.900) - The Market could potentially fall to 1.75
Next Entry: 1.75
1st Partial Take Profit: 2.820 (June - August 2021)
2nd Take Profit: 3.400 (October - End 2021)
I would recommend holding some ADA until price change trend direction
ADA-USDT / CARDANO - 3$ !!As a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
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1 ada = 2.48 Is valid. Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet.
There is a goal of 12-14 dollars in the future.
The most important issue is that the people who enter the island are generally corporate and far from short selling.
Since the sale is made while the price increases, the money inside always stays the same or increases.
I always tactic the ruler of the island.
We took the island from the bottom.
We are increasing the number of islands.
Not investment advice.
The reason I wrote this is because you buy and sell investments at your own discretion.
If you are in Germany, we can get 1 year investment with the contract.
Very Cheap CARDANO / ADA 3.05 $Bitcoin and Ethereum are falling, the island does not fall.
Let's not neglect to collect Fruits that will appear as Peak to Us when Btc and Eth de fall.
Get tp. Stop-loss = 1.96 $ There is a high chance of winning. But it is still affected by the rise and fall of bitcoin.
When the time comes, no one can afford to pay $ 3 within 4 hours at most.
The money entering Cardano is generally fixed inside, the market does not go below a minimum of $ 35 billion
Their investors are solid, so they don't take the act of short selling.
A coin is not short-selling, it always increases, albeit slowly. I suggest you read my old articles.
I don't think it will go below $ 3 in the future, not investment advice.
But be careful when buying for the first $ 3 visit.
If he enters full bull, his first goal is $ 4, his next target goes up to $ 12-14.
Do not forget to take Tp and set your Stop-loss.
ADAUSD BUY/LONG could potentially reach 3.00 in June 2021TICKER CODE: ADAUSD
Company Name: Cardano
Industry: CryptoCurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Megaphone Pattern (Breakout and Retraced)
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: WAITING For PULLBACK (1.8-2.00)
1st Partial Take Profit: 3.00 (June - August 2021)
2nd Partial Take Profit: 3.50 (October - December 2021)
Please hold some volumes of the following cryptos:
ADA, DOGE, XRP, and ETH
Cardano ADA - Elliott Wave AnalysisADA has broken out, and it looks good for a big bull run, it still looks like buy the dip scenario based on Elliott wave theory.
PS: Trade with caution in the end it's the crypto which is very volatile in nature.
Cardano / ADA 2.48 $ Little ShortTo know is not to know.
It is believing what you know.
The important thing is to know what you want.
Absolutely tear off fast-growing fruit.
2.38 tp 2.28 tp by by 2.28 close.
Cardano resistance, support and upside targetADA is doing good while Bitcoin still defending 49000 level. Looks like near resistance level. Potential pullback / support levels if any as marked. Short term neutral. Long term still looking bullish.
