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CARDANOADA

Cardano Technical Analysis: Bullish Move on the HorizonConclusion for today's Cardano technical analysis: Price successfully testing ~0.045479 provides opportunity for bullish strength in Cardano (ADA). A Daily time frame (log scale) candlestick chart is used in today's Cardano analysis. Over 9 months of price action is presented which includes price swing downwards that reached a climax on December 07, 2018. Resumption of bullish strength from a price low of ~0.026675 has been followed by over 5 months of sideways price action. A broadening formation is highlighted on the chart to best capture the side trending price action. The chart pattern ideally occurs in a continuation position and suggests that the trend prior should resume once the pattern is complete (i.e. breakout). Moreover, the bullish trendline in Cardano that is currently active since December 2018 is marked on the chart and was successfully tested again on July 16 and 17. Last but not the least is a symmetrical triangle chart pattern that is used to put into perspective price action from July 16, 2019 to date. The symmetrical triangle indicates a stalemate between bullish and bearish strength. Green arrow provided on the chart is used to indicate the trajectory anticipated for resolution outside the triangle. A break below the 5 months old trendline implies a bearish bias. However, the lower boundary or extreme of the broadening formation that lies below the bullish trendline should be monitored for support. Price consolidating at support for the formation (~0.045479) could potentially serve as catalyst for bullish momentum and the upper boundary of the formation providing a minimum target.
BINANCE:ADAUSDLong
by Coin_Analyst
Altcoins are slowly getting ready for rally. ADA/BTCAfter Bitcoins rally to over $12,000 and BTC Dominance sitting around 62% lot of people experiencing fear of missing out this pump. What is probably smarter is to wait for a pullback of some sort or period of consolidation, this will give room for altcoins to push higher as well. We can see a reoccurring pattern in xxx/BTC pairs where most of them sitting below HTF supports, once these supports are broken and tested we can find great buying opportunities. Making a higher high after breaking support level will increase the probability of this price action pattern.
Long
by FTMO
Cardano Ready To Hit My TargetWelcome back! A while ago I made a Youtube video talking about how ADA was a good buy back at $0.03 From there we havent really stopped going up! Next, I posted a signal in my Discord to buy at $0.06 and a sell for $0.111. We are getting very close to my target at this point but there is still room to jump in. Prices are currently bouncing off the 50 MA which is always a good sign for continuation. Prices are currently working on the final 5 wave impulse which could easily overextend beyond my target. Based off my count after we top out of this move we will finish the 1 wave I will keep updates on how this plays out!
BINANCE:ADAUSDLong
by UnknownUnicorn846565
CardanoI want you to pay attention to this coin. because it is a great project with its blockchain, an excellent team and great growth potential before the big news in the company in the first quarter of 2019. Go to proof of stake. www.investinblockchain.com The whole of 2018 ADABTC has fallen. formed a falling wedge, after another wedge but with a smaller angle of inclination. And now we are moving up the channel. Daily RSI - oversold We are above MA50 and MA100 but still under MA200
Long
by EXCAVO
10
CARDANO (ADA/USD) - Breakout From The TriangleHey! The cleanest way to the higher levels is on the ADA chart. It has made a breakout from the triangle and it has slowly drifted above the EMA100 on the Daily chart. A perfect spot to jump in would be the retest area but You have to look at BTC chart also: ...if the BTC price falls lower than the black trendline (counter trendline) and it falls into the red area then this idea is also invalid! Do not forget to support my idea post by hitting the "LIKE button! Thank You! Have a nice day, Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
by VaidoVeek
4