ADAUSDT , Buy zone activated , Did you bought ?Hello everyone
According to the previous analysis we shown on chart a buy zone area (green box) and tonight that box is activated and we expect that the price can rise up to reach the first target , and if it can break the first target the other targets is on way of price because when it can break the first target the trend is change to upward and we exit from the wave of correction-downward and the more high target is on our way .
Dont forget use stop loss and attention to money management
Previous analysis :
Good Luck
Abtin
ADAUSDTPERP
🧿CARDANO- MASSIVE discount (-50% off)Black friday is already behind us but it seems like to was extended till Sunday. The price entered the area of strong support (horizontal, dynamic support, fib retracement confluence) and that dip was immediately bought- just look at the wick on current daily candle. And this shouldn't come as a surprise as Cardano is definitely a must-have in every long-term hodlers portfolio.
There's a lot of resistance ahead, 200EMA was lost and the price is bottoming inside of the formation, so it is to early to make any predictions. But I believe this could be a start of a potential reversal. On the other hand, if this area is lost, this could be over for ADA. So it's do or die from now. But the overall market structure remains bullish, and so should we.
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About ADA:
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
To learn more about this project, check out our deep dive of Cardano.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzo’ hard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.
Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
Source: coimarketcap
ADAUSDT , We are in ...Hello everybody
According to the chart you can see we are in correction-downward wave, in here we have a key and this means that is the point for the change trend to the up ward and the correction can be finish
But until the price is below the key the trend is downward and we think because of the momentum of movement , the price should make another bottom and will supportin in green box then its ready to go up to reach to the resistance trendline (dynamic) red box and ...
We try to update the chart at that time for the road map of movement
Dont forget use stop loss and take signal then entrance in position
Good Luck
Abtin
CARDANO READY FOR NEW ATH Cardano is ready for new ATH .
Beautiful accumulate was build very epic, it's will make us interesting in a few weeks later.
Then like you see on RSI there was bullish divergence on daily chart.
Buy on green box : 1.82 - 1.90
Target 1 - 2.20
Target 2 - 2.50
Target 3 - 2.70
Target 4 - 3.00
Target 5 - 3.50
Stop Loss : 1.64
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
ADAUSDTPREP 1D BUY SETUPThis beast is about to take off. Its been a long time since ADA is in this systematic tringle and its breakout is going to happened this week. So long ADA and hold and you will get more than 30% profit by the end of the month. So grab it before its too late.
BUY SETUP:
BUY: 2.05 OR BELOW
SELL:
TARGET 1: 2.15
TARGET 2: 2.30
TARGET 3: 2.5
TARGET 4: 2.75
STOP LOSS: 1.83
Like it and enjoy your profit.!!!!
ADA Breaking Out for More Than 3X Easy Gains in Next 4 Months🧨In previous ada idea we discussed ada is in strong accumulation zone, finally cardano breaking out frm bullish rectangle pattern.
in last 2 days LTC also pumping , all old well settled coins started to pump. dont miss this easy ada trade setup.
ADA Lags Recovery To $2.5 Despite Peers Hitting New Milestones
Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside.
The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls.
Cardano is seen trading at $2.2 on Monday toward the end of the Asian session. The smart contracts token is becoming competitive, biting into Ethereum’s piece of cake alongside Solana. However, its price action continues to be sluggish compared to Ethereum and Bitcoin.
Cardano Price Stuck In Wide Range
Cardano spears stuck in a wide range, marked by the demand zone in green and the red area in red on the daily chart. Bulls firmly defended the support accentuated by the 100-day Simple Moving Average (SMA), a move that ensured that declines did not stretch to $1.5.
The token commenced recovery together with other crypto assets on Friday but lost steam before reaching $2.5. The 50-day SMA added weight to the resistance, cutting short the uptrend eyeing $3.
Meanwhile, the Moving Average Convergence Divergence (MACD) highlights a buy signal hints at the trend leaning upward. As the 12-day Exponential Moving Average (SMA) crossed above the 26-day EMA, the odds soared in favor of the bulls. The momentum calculating technical index only needs to rally above the mean line to validate action above $2.5.
At the same time, the Relative Strength Index (RSI) confirms that neither buyers nor sellers have the upper hand. This trend following tool also calculates the strength of the bulls and the bears. Currently, the leveling motion implies the prevailing consolidation will last longer.
The IOMAP by IntoTheBlock reveals the absence of a robust resistance with the ability to hinder bulls from achieving their goals, at least to $2.5. According to this on-chain metric, the only area of interest runs from $2.22 to $2.28.
Here, the slightly more than 101,500 addresses that purchased 2.41 billion ADA will be trying to break even, thus reducing the impact of the buyers. However, if the price slices through, the run-up to $2.5 will be quick.
On the downside, Cardano sits on top of robust support spanning from $2.15 to $2.21. Here, around 132,400 addresses previously bought 5.58 billion ADA. It will not be easy for bears to break this support barrier, leaving ADA safely above $2.1.
adausdtperpA trend line in futures to the analysis of an asset that relies on visually spotting different areas on the chart. These areas hold valuable market information and by connecting these areas the trend lines are drawn. Once a trend line is drawn traders use it as a reference point for the future price movement.
ADAUSDT: CARDANO BULLISH FLAG, INDICATION OF BULLISH BIAS?Hello Traders, here's your free outlook for ADAUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ADAUSDT is breaking the bullish flag pattern. Breakout of bullish flag pattern may indicates potential bullish movement of ADAUSDT. The momentum indicator is pointing up near the overbought area, indicating potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
ADAUSDT:BREAKOUT NECKLINE! IS IT A TREND REVERSAL/FALSE BREAK?Hello Traders, here's your free outlook for ADAUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ADAUSDT is breaking out of the inverted Head and Shoulders. Breakout of Inverted head and shoulders may indicates a trend reversal on H1 timeframe. The momentum indicator remains pointing up in the overbought area, this could indicate a potential upside movement ahead to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
ADA TargetsADA has broken out of the 1.272 fib retracement at 2.87, which is great to see. I've laid out all the fibs and log fibs for potential areas of resistance in the future up to 4.33. Just because it's out there doesn't mean it has to be resistance but they might be good places to scale out of long positions or enter short scalps if the price is overextended right under a fib resistance. My timeframe would be in the next 2-3 months but many of them might get hit in anticipation of the smart contracts upgrade.