🔥CARDANO Breaks Trendline and Now The Way is Open❗️Cardano is breaking above the trendline, so I don't recommend to use all 100% of money to invest now. I prefer to wait for the pullback to the trendline and test it as the support to buy as it shown on chart.
The closest target is a local high at $0.46.
💥$1 is possible if BTC reach $42-46k. The targets is on chart.
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Cardano
50% growth is waiting for CardanoAs you can see in Cardano's three-month chart, Cardano will soon break its dynamic resistance upwards by forming a bullish invert hammer candlestick pattern at its very important support level and expect an extraordinary support and floor. $0.44 range with 50%+ growth
Cardano (ADA) is about to make a move the will stun people!Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is about to happen with this coin. I personally believe that no matter how large your crypto portfolio is that everyone should have at least 5% of their portfolio in Cardano.
Remember tribe, stay diversified and never put all your eggs in one basket!
Cardano technical analysisAs you can see in the one-month chart of Cardano, Cardano then went through a very strong downtrend from $3 to $0.20, due to the deep corrections and the low strength of bearish candles and the strength of bullish candles in A very, very important support area for Cardano.
It seems that this currency is building its floor at the end of the downtrend on an important support level.
But for now, Cardano has not started any upward trend, and it can start an upward trend when it breaks its dynamic and static resistance range, which you can see in the chart, and stabilizes this failure by closing the candle above this range.
Cardano is completely suitable for buying in this range from both technical and fundamental and sentimental points of view, of course, by observing the trading principles, including the loss limit.
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Cardano's ($ADA) Prolific Bullish TrendThe local trend on Cardano's chart is bullish, a trend that seems logical given the positive dynamics of BTC. Currently, ADA is trading between the support zone of $0.2730-$0.2770 and the resistance of $0.2920-$0.2970.
The priority for ADA is to continue this upward movement. Above the current resistance zone, the range of $0.302-$0.308 becomes the next target for buyers. Future highs are expected to be updated as Bitcoin continues its growth.
In the event of a correction, the ADA price may test the support levels at $0.265 and within the range of $0.255-$0.260. All these marks are within the upward trend, which is expected to resume after such a correction.
ADA is underrated nowBINANCE:ADAUSDT
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Possible Targets and explanation idea
➡️Now we are in 0.27 Zone by Fib since April
➡️Target for this correction is 0.618 level on fib
➡️Perfect signal to buy on TradeON indicator
➡️Signal on Direction indicator. (big investors came in to Cardano)
➡️After 0.618 we will test above downtrend global line since May 2021
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Cardano (ADA) long before the breakIf ADA retrace to 0.275 (FIB-level 0.38) - I think it's in a good position for a spot trade.
I predict the ADA-bottom is in and we can aspect some big fast move as soon as ADA break the trend-line.
ADA have been tanking for years now and I believe that there are a lot of hungry bulls that will show up to find an entry for a long time hold.
I don't think we will get any good opportunities to buy the retest after a potential trend break.
So my idea here is to front run the potential big move :)
🚧Cardano is bearish now🚧 & many Traders don't see it 👀!!!As you saw in the previous analysis, the price hit the target and now it is time for the price to correct and then grow. PRZ point is a good point to enter.
Previous Analysis
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🐳Cardano will Go Up Again🐳 🟡ADA is in an symmetrical triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
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Cardano The GhostI've set every major level on the chart of ADA.
In my opinion, Cardano is a lost project that had since 2017 time to evolve and never showed anything. Competitors are way ahead with new tech and cardanos price is held only by it's believer community.
I'm not buying ADA for now but might look into it under 10 cents if it ever goes there.
The chances it makes high gains in the next cycle are very low but, local bounces and pumps are incoming.
Choose wisely )
ADABTC Time to Dump Bitcoin and buy Cardano?Well based on the whole history of the pair, yes.
As you can see a giant Ascending Triangle on the 1month chart, with the price only now testing its bottom / Rising Support.
Technically, the target from now on is its top at 0.00006500.
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ADA/BTC Potential Harmonic PatternADA/BTC Potential Harmonic Pattern, but keep an eye on the trendline Resistance.
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ADAUSD: Thoughts and AnalysisToday's focus: ADAUSD
Pattern – Breakout/Support test (Bearish)
Support – .2375
Resistance – .2490 - .2640
Hi, and thanks for checking out today's update. Today, we are looking at the ADAUSD on the daily chart.
ADA is a market I watch regularly, and currently, we are seeing a few interesting things, pattern and support-wise, that we have broken down in today's video. The two keys, long-term support, seen at .2375 and an ending diagonal pattern that continues to remain in play.
I have discussed three main cases in today's analysis of ADA; two are bullish, and the third is a bearish continuation of the long-term trend. It will be interesting if we see a lower break over the next few days, as that will play into a case as long as it holds at the ending diagonal trendline.
What do you think? Do you agree with the patterns and levels we have discussed?
Cardano can grow up to 0.28 priceHi guys, let's look at the current situaition on Cardano.
After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin continue to rise, ADA price potentially can grow up to 0.28 level but I don't think that it can rise higher than that.
Overall I remain bearish on Cardano and still think that it can drop up to 0.2 price.
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Cardano's (ADA) Pivotal PlayCardano (ADA) continues to make strides in the cryptocurrency arena with recent developments, including the launch of a staking feature and the welcoming of the first crypto options exchange. These advancements are expected to enhance ADA's utility and adoption, contributing to its recovery narrative.
The current price of ADA is $0.2584. Despite a slightly bearish market sentiment with a Fear & Greed index score of 49, the recent positive developments could act as a catalyst for a price rebound.
Technical Analysis:
Nearest Support Zones: $0.25, followed by $0.22.
Further Support: $0.277 and $0.325.
Nearest Resistance Zone: $0.30 (previous support), followed by $0.42.
Further Resistance: $0.399 and $0.423.
Most Probable Scenario:
The momentum from recent advancements may drive ADA towards testing the nearest resistance level at $0.30. However, if the bearish sentiment persists, a retracement towards the support levels of $0.25 or $0.22 is plausible.
The unfolding scenario around ADA’s technicals and fundamentals provides a mixed yet cautiously optimistic outlook. Monitoring the evolving market sentiment and upcoming Cardano developments will be crucial for traders and investors.
finally ada breaking out of the channel seems like ada has already bottomed out and preparing massive bullish rally
formed descending channel in 3 days tf and testing it expecting breakout soon incase of successful breakout expecting solid recovery
incase of successful breakout expecting move towards 1$
ADAUSDT - Buy Setup ADAUSDT (1D Chart) Technical analysis
ADAUSDT (1D Chart) Currently trading at $0.261
Buy level: Above $0.257
Stop loss: Below $0.24
TP1: $0.273
TP2: $0.3
TP3: $0.33
TP4: $0.35
Max Leverage 3x
Always keep Stop loss
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ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days.
The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle.
Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236).
If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High).
The 1day RSI has its own Falling Resistance to consider.
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