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CARDANOADA

Cardano (ADA) - 2 entry point. Look where...The coin has secured itself over a large range. The resistance level of 1.96 was also formed. The best scenario rod ADA is slow squeezing to this level. If it happens, it will form a good breakout pattern. The trader's main mistake is to see one scenario and not be prepared for another. So if the price falls in the range zone - a good entry point would be 1.748. I showed entry points on the chart. I set alerts and wait for buying. 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
Long
by Yuriy_Bishko
13
CARDANO - Destination 2.2 Our updated ADA CARDANO chart. Price en route to 2.2! You had been informed. ps. With a power consumption of 0.5479 Kwh per transaction , ADA is placed at the third spot in terms of being least power-hungry by TRG Datacenters. Cardano claims to be the first blockchain platform built through peer-reviewed research and has the stated aim to bring about “positive global change.” It was founded by the entrepreneur-mathematician Charles Hoskinson, who also co-founded Ethereum. the FXPROFESSOR
Long
by FX_Professor
2
ADA - 12h. The main positions of buyers were given below $1For the second week in the cryptocurrency market , a local downward trend continues, provoked by the weakness of the BTCUSDT price. Despite the negative sentiment of investors, now is the perfect time to test the strength of various crypto projects. It is the strong projects that will give a new wave of growth in the medium term. Weak projects will, at best, remain in consolidation. Today we'll talk about one of the strongest cryptocurrency projects - Cardano (ADA) . In the previous idea , we expected the continuation of the ADA price movement in the consolidation in the form of a triangle: However, the charismatic ADA decided to expand its consolidation range to 50%. The sharp drop in the ADAUSD price on February 23 to the mark of $0.92 and the same sharp buy-back of the price tell us about two facts: 1) there were many buyers in the ADA market, who banally prevented the price from continuing to grow. 2) In the range of $0.93-1 there is an aggressive buyer who is ready to absorb large volumes and keep the price above this range. Another proof of these facts is the chart on a 3-minute timeframe: As you can see, when the lower trend line of the triangle was broken, a small number of buy stop orders were triggered. The main volumes and active purchases occurred precisely after the breakdown of the range of $0.96-0.98. In fact, the breakdown of the liquid range of $0.96-0.98 has selected the positions of all buyers who have been buying ADA since the end of February. Thus, the buyers did not fix their profit at the local highs in the range of $1.4-1.5 , but fixed it below $0.96. This situation increases the likelihood of breaking the current consolidation upwards and testing the global mark $2. The main condition for this scenario is the price fixing above the range of $1.15-1.18. Retention of this range will confirm that the new wave of growth is unfinished. The return of the ADA price to $1 will be a bad sign for buyers and means the likely continuation of the global correction in the ADA market. _____________________________________ 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
35
ADA Breaks Upper Channel - Another Week Of SidewaysADA has finally broken the upper channel after 88 days in that channel. Every move seems to be followed by a period of sideways action of 7-14 days and I suspect we are in the beginning of one of those now although now we are above the channel and will be testing that trend line. The next week will give MACD and RSI time to get a little more 'Long Friendly'. The August Mainnet launch is so highly anticipated along with the expected 'run to $7-$10', ADA has been a waiting game. No one wants to miss the run but no one wants to jump in on a coin that is going to go sideways for another 88 days. Which means once the ball start rolling (uphill), it is going to roll fast and hard.
Long
by frischman
Cardano(ADAUSD) LONG $2.0A quick analysis on Cardano(ADAUSD) : 1) Cardano had a nice IMPULSE run-up from Dec 2020 to Feb 2021 going from $0.13 to $1.47 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the correction is a FLAT correction look at my wave A-B-C a nice 3-3-5 correction 4) The FLAT correction phase is also called the distribution phase 5) Hopefully the next impulse wave starts after the correction phase if the wave breaks out of the distribution phase shown with red line at 1.48 to go to $2 or $2.5 6) If it can't break resistance then it might make it's way down to the support and break down at around $1 Summary : ------------- 1) Looks like the bulls/buyers are taking control and hopefully break the resistance at $1.48 to reach the next level of $2 (or) $2.5 to reach ATH(all-time-high) 2) watch out for those blue lines to take positions accordingly Happy trading, feedback is always appreciated
BITFINEX:ADAUSDLong
by JAN360
1