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Alonzo

$ADA/BTC 1W (Binance Spot) Huge symmetrical triangle breakoutCardano has pulled back towards 100EMA and is preparing for the big bull-run to come, time to full swing! Current Price= 0.00002886 Buy Entry= 0.00002893 - 0.00002513 Take Profit= 0.00004463 | 0.00006935 | 0.00012294 Stop Loss= 0.00001998 Risk/Reward= 1:2.5 | 1:6 | 1:13.6 Expected Profit= +65.11% | +156.57% | +354.83% Possible Loss= -26.08% Fib. Retracement= 0.618 | 1.117 | 1.764 Margin Leverage= 1x Estimated Gain-time= 1.25 years cardano.org
Long
by TradingOn
1
ETHUSDT 1hHi everyone Possible ETH routes It is currently priced below $ 3,000 A major downtrend line with resistance around $ 3030 is also forming on the hourly chart In the uptrend, the first resistance is close to the $ 3,000 level After that, the first major resistance is close to the $ 3030 level Failure of the price above the resistance levels of $ 3000 and $ 3030 can push the price towards the main area of ​​failure around $ 3165 A close above the $ 3165 resistance could push it up to $ 3320 If the ETH is unable to move above these two important resistances, it is likely to continue its downward trend. The first support in this downtrend is close to the level of $ 2920 The next major support appears to be close to the $ 2,900 level If the ether does not stay above $ 2,900, it will probably fall to its lowest level of $ 2,740 Which scenario do you think will work? Please share your comments Thank you
by shayanfb
5
ADAUSDT 1DWith the price jumping from the $ 1.89 level, a green uptrend line has been formed since July, and this trend line is now recognized as a reference for both buyers and sellers It is still possible to reduce the price and try this trend line, but buyers have more dominance in the market than sellers when the price reaches this trend line The bullish trend will continue as long as the ADA weekly candle closes above the green uptrend line Vendors are not expected to react significantly at this time because they do not currently have a stable entry point As the price rises to $ 2.74, we may see several levels of resistance, but they are all short-lived If cows are determined to resume the downtrend, prices will rise to the next highs of $ 3 and $ 3.16 If market sentiment in this Altcoin changes, sellers will have to push the ADA price below the green uptrend line to dominate the market After that, sellers will try again for the third time to lower the price to $ 1.89 Thank you for your support What do you think is the market scenario?
by shayanfb
1
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.
Long
by micjmor69
2
ADA TO $3 IN THE SHORT TERM!!The past few days/weeks have been extremely exciting for those who are invested in ADA, including myself as I have a fair share of ADA in my portfolio. To some this massive move was extremely unexpected, however I have been anticipating a huge movement nearing the release of Alonzo purple and smart contracts. The closer we get the higher the price will rise and I am fairly confident in my prediction of the price hitting $3 in the short term however there is a strong possibility that this would be a buy the news sell the release situation which is very common and personally would keep ADA on a healthy track if the price dips after the Alonzo purple hard fork is released, and on top of that it would give for a good buying opportunity. I will discuss in the following paragraphs why I believe so from a technical perspective. Currently the ADA price is consolidating slightly above the previous ATH of $2.47, which is extremely healthy as it is able to maintain a neutral stance even at levels as high as it is. I would be very happy if we could sit in this area for a few days longer, which will really solidify the future support around this level as this line also holds the previous ATH, therefore this level in the future would theoretically be a very hard one to break, if it holds a few days longer. We recently broke out of a medium term bullish flag formation (seen in yellow) with the target point sitting at $2.44 which is just below the previous ATH, therefore I was expecting a retracement off that level. However that retracement has not occurred, well not yet at least. We find our self in a small bullish pennant at the moment, which in my opinion can turn into a bull flag (as seen between the white dashed lines). This would be an extremely bullish signal as it will give the price time to cool down and not get over extended ahead of the rest of the market. Another benefit is that the price will have time to retrace down to a key level of of support and a previous swing high which sits in a ranged area between $2.25 - $2.18. Therefore in conclusion, I stand with my prediction of $3 , however it may bounce off a bit short which I have predicted at $2.96. watch out for the next few days as there is a beautiful trade to be made as prices break out of the set formations into price discovery once again. Yet again I thank everyone for investing their time into reading this article and I truly hope it gave you a perspective you had not yet discovered or it gave confluence to your own similar predication. Please leave a like and comment your opinion on this perception on the current Cardano price. Don't forget that everything I type on my articles should not be taken as financial advice but rather a confluence above your own research and do diligence. #NotFinancialAdvice.
BINANCE:ADAUSD.PLong
by Crisp_Flow
2
ADAUSD Consolidation and BreakoutAs we can see ADA is consolidating yet again in preparation for Friday's announcement of the Cardano Alonzo smart contract rollout date. I expect ADA to consolidate until Friday, then breakout in a big way. Obviously this breakout is not going to be as extreme as the Alonzo release date breakout, but it should be substantial enough considering ADA moved upward on just the news of the announcement. I have an alert set at the top of the green triangle (the hypotenuse). If the price pokes through, there is a good chance it will run once it has consolidated. Also note where the recent volume is on the chart, it didn't seem as though ADA had a hard time moving past this price region so I am guess its because a lot of people are buying. This is not financial advice. DYODD. Feel free to like this chart and follow me. All the support is welcomed. Thanks again! GLHF.
KRAKEN:ADAUSDLong
by mysticalwalrus
1