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Adausdlong

The Long Game with Cardano I don't really post much anymore as I am not actively trading. For this bull cycle I plan on just buying as much as I can now and riding it out for the next year. Cardano is a long time favorite and I've been accumulating this one for a while. In July, Coinbase announced that Coinbase Custody would support Cardano staking. Around March 2021 Cardano plans on releasing Goguen which enables Smart Contracts and DApps to be made with the addition of expanding decentralization capabilities. Upon a successful release I expect Coinbase to announce that regular users will be able to buy and stake Cardano. At that point, I expect a retest of the previous high, $1.40, some time after. (Not saying ADA will get there but Tezos is a popular staking token on Coinbase and peaked at $4.44 back in August) That, coupled with Bitcoin just getting started on this next cycle, is why I'm posting this today. If you want to make one buy and hold trade then Cardano is poised to perform well. You can also start staking as well and earn rewards. Price Target: $1 by September References www.coindesk.com roadmap.cardano.org
BINANCE:ADAUSDLong
by tired_man_willis
ADAUSD formed Gartley | Upto 45% move expectedOn daily chart, the price action of Cardano has completed bullish Gartley pattern and spiked in the potential reversal zone. It may give another chance to catch it from the PRZ level. There are also 100 simple moving average support below the potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Potential reversal or buying zone: $0.13099 to $0.11672 Fibonacci projection or sell zone: $0.14221 to $0.169436 Stop Loss: The potential reversal zone area that is up to $0.11672 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 45% and as per the above-mentioned stop loss, the loss possibility is 11%. Note: Above idea is for educational purpose only.
KRAKEN:ADAUSDLong
by moon333
Cardano| A possible move upto $0.20Previously we have seen, on weekly chart, the priceline was at the support of an up trend line and now finally it has spiked from $0.10 to $0.18. Up channel on long term chart: Now on the weekly chart, the priceline has started its move in an up channel. At the moment it is at the resistance of this channel. There is also 25 simple moving average support above the support of channel and 50 SMA is also moving up to the support. Wedge formation and a possible move to $0.20: On 4 hour chart, the price action is moving in a wedge and rejected by the resistance. In case of breakout the price action of Cardano can reach at $0.20. Down channel: The priceline has also formed a down channel within the above wedge pattern. There is also 100 SMA at the support of this channel. Harmonic Shark formaton: On 2 hour chart, the priceline is also forming a bullish Shark. Now the potential reversal zone of this harmonic move starts from $0.1479 and ends up to $0.1440. This is the same level where we have the supports of wedge and channel on 4 hour chart. Conclusion: There is a strong possibility that the priceline will retest the supports of wedge and channel on 4 hour chart and then move up for breakout to hit $0.20 very soon. But if the price acton of ADA will break down these supports then it may re-test the support of an up channel on weekly chart that is at $0.10.
KRAKEN:ADAUSDLong
by moon333
1
Why Short ADA Exactly here...Have you been trading ADA Recently? I wanted to share this trading opportunity with you asap, As this is the best point to enter the trade, "This is a stupid simple analysis of ADA - No Complex BS I PROMISE" If you see from the past few days, ADA was going Parabolic & Creating Huge Surges In Prices, Kinda Like A Rising Tide... ...but if you observe it carefully you would notice, the market is exhausted, people are tired of buying ADA, and you can see it clearly in the chart above, where continuous tries to break previous highs, Have been rejected Flat on the face, like your girlfriend slapping your face when you propose to her. We can use this opportunity to Short as the "Market is in our Favor" , but it won't be for a very long time as probability, will spin the game upside down... The risk we are taking is very negligible to the amount of money the market will give us, for helping it move towards where it wants to go. I'm looking to take profits as shown in the chart above at 3 different levels, where at each level we make more money (P.s -- Risk keeps Increasing though, remember the wheel of probability will spin anytime). ..but if you place you short at this point there are very high chances of making a "Quick Profitable Trade". I would love to know about your thoughts guys, Share your thoughts in the comment below & If you liked this Idea pls Upvote it so we can reach more traders & Keep Crushing Markets! Thanks.
Short
by daytraderstrategy
2
ADAUSDT (Ascending Triangle Breakout in 4h chart)ADA /USDT currently trading at $0.1470 Long Entry Level :$0.1460 - 0.1500( only enter long after 1-hour candle close above the resistance level at 0.14600$ STOP LOSS ( support): $ 0.1370 Resistance level 1(Target) : $0.1750 Resistance Level 2(Target): $0.1950 Resistance Level 3(Target):$0.2360 Max Leverage: 5X Risk Reward ratio is 1:4 ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
Long
by GreenCryptoTrades
2
ADA/USDT (Short-term trade)ADA/USDT is presenting a good buy opportunity upon break of short--term resistance. Next resistance (R2) presents good upside (a good place to TP) RSI has room to grow on 1D MACD still bullish, but may turn bearish (would watch before entry) Stop loss @ 0.10399 USDT The Crypto Associate is not responsible for any losses incurred during trading digital assets or any form of security. This analysis does not constitute investment advice and should not be regarded as such. All analyses is for informational purposes only.
Long
by Coolduck46
Cardano to retest $0.095Cardano - Intraday - We look to Buy Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Trend line resistance is located at 0.0950. We look to buy dips. Dip buying offers good risk/reward. However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern. We look for a temporary move higher. Our profit targets will be 0.0942 and 0.0948 Resistance: 0.0920 / 0.0940 / 0.0950 Support: 0.0910 / 0.0900 / 0.0890 Signal Centre
Long
by Signal_Centre1
1
ADA.USDT (Y20.P4.E2).Looking for the next longHi All, I'm not going to add TA commentary on this post, as the chart does a good job. Also note below my previous post to ADA and the likely entrance point... again the magic number, 0.618 fib. If you missed this, its not too late, looking for the next opportunity, it should come in this structure. Note, most reversals create a bottom structure and the question is, what will it be? Either way, if your interested in ADA, you should probably average yourself in, if you missed this bottom, which was a likely area. Please refer to my previous post which got it perfect. I'm going long with ADA as well, along with LINK and LEND and maybe ZIL. Time will tell as to what happens in the next 2 weeks. Lets hope the stock market SP500 is also made a bottom formation. Chart below. As time goes by, I would like to update this post to capture what formation has taken place and to observe and reflect on my TA. Please give me a like or tick for this post. Cheers, S.SAri ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ PREVIOUS POST ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ NOTE the 3 Day chart and how the indicators signals cross over at the bottom layer See how on the 2 day chart we have Phoeix that has not broken the 50% level but we see upward pressure, the confirmation is when it breaks the 50% level. on the Daily, its a different story. Potentially SP500 reversal\bottom
Long
by ssari
5
ADA.USDT (Y20.P3.E5.v3).Looking for the next longHi All, *** This is a continuation of the previous posts *** OBSERVATIONS: =============================================================== 2 Day, Weekly and Monthly charts below; 1) Looking at Ada now at the higher time frames, ADA has shown a strong support area on the Monthly resistance line, now support; 2) Funnel formation\structure at the macro level; 3) Daily chart shows reversal signs on both the structure and indicators; 4) Daily shows we have the 21 ema resistance; 5) 2 Day indicators shows the following: > Macd has gone below zero and is starting to curve up at the monthly support level; lining up like a fractal as of March this year; > KDJ is more responsive than the MACD and is showing signs of a reversal; > 2 Day candle stick is bullish; > Bearish perspective, it has a bit of work to do to break the 21/34 ema ribbon; 6) Weekly chart shows the following: > Large rejection wick to the downside from the MR (Monthly resistance level, now support); > Rejection form the weekly resistance level; > 21 weekly EMA has confluence with the Monthly support; > Weekly indicators give suggestion more sideways movement before breaking up, might test the bottom trend line; 7)) Monthly chart shows the following: > Rejection to the downside with the large wick on the bottom of the last candle, knowing today is the end of the month. > Resistance was and is the previous monthly resistance; > Monthly candle is less than half the previous candle, showing momentum coming back; THOUGHTS: ================================================================= If we time it well, we can have another fantastic ride with ada, the chart suggests the potential with this fractal. ADA is one of those coins that you should have going long; Next year has many things going for it with many developers having interest on this platform; Daily chart: 2 Day chart: Weekly chart: Monthly chart:
Long
by ssari
1