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ADAUSDTAs you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target . Dont forget to put the stop loss and In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
by Marjansadeghian
ADA, Cardano - look when to buy👇🏻ADA repeats the situation that was 2 days ago. We were in a downward local range, after which we broke through to the upside and gained 17%. What will happen this time - let's see. If anything, entry only after a breakout with a stop loss. It's not the fact that we will go up, everything can happen. Write in the comments all your questions and instrument 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
by Yuriy_Bishko
11
Cardano (ADA) - 4h. How realistic is the test of $2.2?Hello friends, everyone! Well, "these days" on the Cardano market are over, emotions have subsided and we decided to share with you our short-term scenario of the ADA price movement. Our previous idea worked perfectly and the price approached the range of $2.5-2.7 as much as possible: During a powerful wave of decline in the entire crypto market, the ADA price dropped by 60% . For example, the equally powerful ETH project fell by 70% This fact confirms the strength of this project and the great desire of investors to buy ADAUSDT press during global waves of decline. Having touched the mark of $1.01 , the ADA price jumped 45% on the same day. The next attempt of sellers to pass the price below was unsuccessful. As a result, buyers were able to recover the ADA price by 71%. If we look at the daily timeframe, we see that the ADAUSD price fell into a powerful wide consolidation zone of $1-1.5. In this range, buyers were gaining a position for the next growth wave within 2.5 months. In addition, sellers have tested an important trend line that keeps the ADA price from falling into the abyss in force majeure circumstances. Thus, the global critical point for the current upward trend is at $1.1. However, you shouldn't think about such terrible goals now. So far, buyers have managed to push the price above $1.5, which has been a big problem for them in the past. The price moves in a stable growth channel with medium volumes. The sellers fail to reverse this initiative of the buyers, and therefore, the continuation of the price rise to $2.26 may take place without a noticeable correction. In the short term, the worst-case scenario at the moment is the ADA price exiting the white channel and retesting the mark of $1.5. If this test takes place on medium or low volumes, it will be a great chance for investors who did not have time to buy this coin. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
40
+630% on 45 mins !!! that's why ADA will reach 10$ 🚀🚀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. Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
7
ADA is moving +100% profits already ... still more 👌we posted before for ADA n we told that it will touch $1.50 area then it will go to the moon n that what happened exactly 👌 (link of the call is below this article in the related ideas section) who can believe that this amazing coin was just 10 cents on last October?! congrats to whom followed us ✌ n for now, ADA broke out recently the $1.80 area , so in that situation usually we have 2 scenarios:- 1- ADA will correct with the market n test the resistance broken as a support n it may hold or not. 2- ADA will continue going upwards n will postpone its correction for now, but for sure it will happen ! so that, I marked on the chart where exactly the price may bounce up or down n where is the perfect entry to get in ADA. in case ADA will correct $1.90 is where u should buy, it will be 20% down from its currently price. long term targets: ADA can reach 10$ or 12$ maximum in this bull run, cuz of the market cap. Whoever is predicting more than this during this bull run, he is just getting fomo.
by BTC-fire
8
ADAUSD BUY/LONG NOW READY (Might still do a restest)Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130. AGAIN THE OVERALL is still an uptrend yeap. Technical Analysis 1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already. 2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
BITFINEX:ADAUSDLong
by traderprosignals
4
ADA - 6h. We expect a test in the range of $1.45-1.5After almost 2 months of torment, buyers managed to take control of $1.45-1.5 . It was from the 4th time that Cardano buyers broke through this liquid zone and continued their journey with an ultimate goal of $2. However, given the nature of the breakdown of this range and the not too vigorous growth of the ADA price, it seems that buyers will have to continue defending the range of $1.45-1.5. If we look at the hourly timeframe , how sellers started their local downward trend, we see a significant increase in sales below the $ 1.7-1.72 range. Buyers' unsuccessful attempt to maintain this local range allowed sellers to hit stop orders that were below $1.58-1.64: Buyers managed to get the price back above this local range, but we do not believe that this local range can become a solid support for the continued growth of ADAUSDT. In addition, we see that the current wave of growth is taking place at low volumes, which indicates a small number of interested buyers in this range. Therefore, our main scenario is the continuation of the fall in the ADAUSD price with the first target at $1.45-1.5. Alternative scenario. If the BTC price breaks the mark of $48600, we think that the ADA price will again return to the wide consolidation zone $0.91-1.5 with the first stop at $1.2 _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
42