Cardano Ready to take off ✅✅✅What we see on this crypto pair ADABTC is clear and obviously nice pair for our watchlist, we were following this pair for a while so far, for now our group is ready for nice LONG position.
Just keep it in your mind with proper RISK MANAGEMENT .
MultiTF Analysis
Top down analysis as you see on the different TF, 1W 1D 8H 4H. all areas determined perfectly in higher timeframe and in lower time frame we getting more bullish confirmations, for the last confirmation we waiting 10MA to cross 20MA. but everything else is perfect for this pair to open BUY position.
Dont forget any question comment me bellow
@FxShzd
BEST OF LUCK Everyone
CARDANOADA
Cardano strong rising long-termIn my previous analysis, I went in depth with a credible trend analysis that I still have clear speculations about.
The analysis indicates stronger support signals, which should push the crypto in motion, over longer periods of time. It is marked with linear lines how Cardano's sustained rotations will continue the course towards its new height. As Cardano gradually begins to live up to the achievable positive expectations of the price increase, I have now become more resilient and speculative, in the crypto.
Best regards from Mr. Bruno
ADA Bull-Run Signals Cardano's upward forecasts were completely misled by sailors. This will turn around soon as the market towards 2022 changes. Over the last few weeks, the crypto Cardano ($ ADA / USDT) has been in a recession that has pulled the crypto deep.
Then the crypto slowly accounts for a longer but just a faster interest, which according to my estimates has a price price increase to the first level, marked at the top, of 109% in return.
Hodl!
Cardano - ADAUSDT OUTLOOK Price has successfully hit my liquidity trendline. I expect to a pump to 3.500
Reasons/Strategies -
1. Price is trading in a channel (black lines) where by it has hit the lower bounds, it it time hit it's upper counterpart
2. Price is trade in a bullish flag (RED LINES). It has broken out and re-tested the upper bounds. This alone should push price to 3.1
Let me know what you think in the comment section.
PLEASE LIKE IDEA AND FOLLOW ME
What im hoping for personally EOY for ADAI really wanna see it bounce back and do one last giant rally. Getting to $6 is cake especially with all the good news ADA can spread to cause a surge. We have so many good fundamental upgrades coming in the near months. I hope everyone is ready for these insane movements!!!!
ADA's last stop before 10 USDT valuationHere's why I believe this might be your last chance of getting into ADAUSDT early, if you haven't done so already.
The last time ADAUSDT broke through this channel was back in early-january of 2021. It has been a very strong support ever since, which is why I believe it is highly likely we will hold this support and have a breakout to the upside soon.
I have also identified this descending wedge pattern, which may be another indication of something bullish to come. What are your thoughts?
Cardano Next PushQuick update for ADA. after retracement Cardano get strongly supported around 2$.
Next push could start soon as BB is starting to be really compressed.
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Trade Plan
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Buy : 2.2$ ish (now)
Rebuy : 2$ (Full Buy)
TP1 : 3.30$ (Security TP)
TP2 : 4.75$
Stop : 1.8$ ( if u wanna set it)
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- Follow the King to stay safe!
PS : Special greetings to my friend Trader @bestfarbit74 , because i know he likes Cardano !!
Happy Tr4Ding!
CARDANO ADA AnalysisIn The Past Weeks, The Price of CARDANO ADA was Modified And Surprised Many Investors.
ADA Last Month Was The Third Currency of The Market, But Could Not Maintain Its Position.
CARDANO ADA in the Daily Time Frames and 1 Hour Time Frames Entered a Downtrend
Now A Bullish Flag is Created for ADA.
CARDANO Crossed the Downtrend Line and Pullback it.
If CARDANO ADA Crossed The Resistance Area of $ 2.3 And Eliminates the Downtrend, it is Likely To Grow Up to 200%.
First Target is About 50% And The Price Range is $ 3
Second Target is About 100% And The Price Range is $ 4
Third Target is About 200% And The Price Range is $ 5.8
$ADAUSDT entry PT 1.80 Target PTs 4.90 then PT 9-11 and higherCardano Coin Price & Market Data
Cardano price today is $2.27 with a 24-hour trading volume of $6,871,049,483. ADA price is up 6.8% in the last 24 hours. It has a circulating supply of 32 Billion ADA coins and a total supply of 45 Billion. If you are looking to buy or sell Cardano, Binance is currently the most active exchange.
Introduction
Cardano is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is one of the first blockchains to be built in the highly secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
The Cardano project is different from other blockchain projects as it openly addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture. The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry.
Cardano will use a democratic governance system that allows the project to evolve over time, and fund itself sustainably through a visionary treasury system.
Technological Innovation
Cardano is the first protocol to incorporate Ouroboros, the groundbreaking proof of stake algorithm. The IOHK team employed a “first-principles” approach, driven by peer-reviewed academic research to build Cardano from the ground up.
The result of this collaborative effort is the first cryptocurrency to be based in Haskell code, which focuses on industrial strength product that delivers the resilience necessary for mission-critical systems, in this case, securing investment.
Cardano’s multi-layer protocol performs advanced functions, and has a settlement layer that is elegantly linked to a control layer. The settlement layer will have a unit of account, while the control layer will run smart contracts and will be programmed to recognize identity, assisting compliance (and allowing blacklisting, for instance).
The protocol is geared towards protecting privacy rights of users, while also taking into account the needs of regulators. In doing so, Cardano is the first protocol to balance these requirements in a nuanced and effective way, pioneering a new approach for cryptocurrencies.
The system is also designed to allow upgrade through soft forks, enabling it to adapt to changing needs and evolve quickly, when required. A treasury system is also being installed that will ensure the sustainability of the protocol.
Cardano is built in the spirit of collaboration by being completely open source and patent-free. Engineered for efficiency and scalability, the Cardano ecosystem will develop into the most complete cryptocurrency ever constructed.
Conceptual Innovation
i. Privacy and regulation
The original Bitcoin blockchain was meant to be a way for individuals to transact directly and anonymously with each other outside the control of banks and governments. This guarantees privacy in financial dealings, a fundamental individual right, but full anonymity can be counterproductive. Today most blockchain projects look to further either the aims of privacy or of regulation. To be effective globally, we think our blockchain must ‘square the circle’ by finding the right mix of individual privacy protection and provision for regulatory control.
ii. Governance
Public, decentralized blockchain projects rely on crowd-based governance models. This allows for democratic control of the network by its participants, which is essential to building truly decentralised economies. However, if they are not carefully designed, such governance can go awry. Both the Bitcoin and Ethereum communities have experienced devastating schisms on the question of how to upgrade their networks – in Ethereum's case already causing a split. The Cardano blockchain has an airtight governance model that allow the community to democratically take clear and binding decisions.
iii. Funding
The Cardano blockchain has sophisticated maintenance and development needs and is able to adequately fund itself, both in terms of running costs and new investment.
The Token: ADA
Every blockchain project has a token of value commonly referred to as a cryptocurrency. Ada is the cryptocurrency on the Cardano blockchain. With Ada, holders can send value between friends, pay for a good or service, deposit funds on an exchange, or enter an application. To perform a transfer on the settlement layer requires you own Ada, or acquire Ada through an exchange. It will also be the native token to be used in applications built on the computation layer.
The Wallet: Daedalus
Each cryptocurrency requires a “wallet” to store Ada. Typically this wallet is a software application that can be installed on any computer or smartphone. Daedalus is a highly engineered wallet with advanced security features that was developed by IOHK specifically for the Cardano blockchain and protects your assets with the most advanced cryptography. In the future, Daedalus will not only support Ada, but other cryptocurrencies such as Bitcoin, Ethereum Classic and many more.
The Cardano Foundation
The Cardano Foundation’s core mission is to standardise, protect and promote the Cardano Protocol technology. The Cardano Foundation acts as a supervisory and educational body for Cardano. Our mission is to:
1. Standardise, protect and promote the Cardano Protocol and its applications
2. Be a community hub offering authoritative, timely information about the technology and Cardano’s wide-ranging potential
3. Liaise and influence government and regulatory bodies, form strategic partnerships with businesses, enterprises and other open source projects and aid the creation of formal software standards for Cardano, a crucial feature for its long term success and critical in adoption and government engagement
Areas of Focus:
1. Cardano Protocol - We function as an objective standards body for the Cardano protocol as it evolves over time.
2. Cardano community - We support, grow and help educate the Cardano blockchain community.
3. Cardano ecosystem - We work to expand and protect the Cardano ecosystem. This includes promoting Cardano as a platform for commercial entities and serving as an objective organization for enterprises interested in joining Cardano.
4. Serving the wider blockchain community - We aim to influence and progress the emerging commercial and legislative landscape for blockchain technology and cryptocurrencies in general. We proactively approach government and regulatory bodies and form strategic partnerships with businesses, enterprises and other open-source projects.
IOHK
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a world-class engineering and technology company committed to using peer-to-peer innovations to provide financial services to three billion people that don’t have them. The group is contracted to design, build, and maintain Cardano through to 2020.
Emurgo
Emurgo is the venture building entity in the Cardano ecosystem, its goal is to aid, integrate, and foster Cardano blockchain applications.
Emurgo captures the transformative power that blockchain technology brings to the developing world. Decentralized applications built on Cardano technology, funded and supported by Emurgo, will have the potential to build groundbreaking applications.
Project Road Map
IOHK has now released the settlement layer. This means you can transact, trade, and purchase Ada tokens fully independently of the computation layer. The goal for the computation layer is to have a beta released by the first quarter of 2018. Once both settlement and computation layers are live, users will be able to setup a custom environment to build decentralised applications on the Cardano stack.
In 2019, IOHK intends to work on Cardano’s long-term scalability and augment its capabilities. As developers, IOHK has been contracted through 2020 to make sure Cardano is being adequately maintained. The goal is to create a sustainable ecosystem that is capable of funding and supporting itself.
Cardano - 2 scenarios that will tell you what to do! 😉A trend line has been forming on the Cardano chart for a long time. It is currently acting as a strong resistance.
If Bitcoin rises or continues to consolidate, Cardano could follow the first scenario and break the trend line.
But it is also worth highlighting the second scenario, right now bitcoin looks very weak, and in case of a correction, Cardano will also correct. In that case, it is best to buy after a false breakdown of $1.8 level or after a breakout of the trend line.
Write in the comments all your questions and instruments 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.
NOT A BREAKOUT PATTERNWe have seen this similar pattern with SHIB. This happens after rocketing to a new ATH and then many of the people just take profits and lower hype around it happens. Keep in mind that this "rocket" happened while bitcoin was also rising. They have corresponding movements like most crypto does.
If we see Bitcoin rise (which I am expecting) then we should also see ADA rise. Will it be to the moon? I'm expecting it to be a new ATH potentially around $4 however, that will take time. I do think ALTcoins have a lag behind bitcoin's pricing however it's only slight. I would recommend buying this below $2 as a great entry however current pricing at 2.01-2.03 should be fine as well.