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CARDANOADA

ADA - Time for a pullback but still looking good! Cardano had an amazing run last week hitting all 3 of our targets in quick succession. We have since tapped into the liquidity around the supply zone and failed to close above, which subsequently resulted in a move back to the 61.8%FIB. We are bouncing back at the moment but have broken the trendline, which was respected the whole move up therefore we could possibly see a test of the liquidity above before resuming lower to the next demand area and possibly the 50%FIB. This does have the look of an ascending wedge that has already broken and is in the process of retesting before continuing its mover lower so keep that in mind. Both RSI and MACD are showing bearish signs, RSI with a lower high and MACD crossing over bearish further indicating a pullback is likely. As such, area marked as demand zones should provide support for Cardano and could be used as areas to scale in long positions while keeping a close eye on Bitcoin. The severity of any BTC pullback will most likely dictate how long ADA goes so don't be too quick to jump into positions at the first sight of a support touch. As always, stay safe everyone! Thanks guys!
by CM_Trades
Dont Long ADA...not yet.Chart says it all pretty much. When ADA broke yearly support level it didn't free fall right away. It had a retest that has been rejected big time. Now i personally can't see a reason for you to knife catch it, unless you are looking at a bigger picture and you are starting to scale buy all the way down as a long term investment. I would swait for the demand zone where everything started back in Dec, 2017. Thats where price will be more interesting for investors to buy in again. 600-800 Satoshis will be your best bet.
by moking01
5
Analytics ADA/BTCThe asset behaves without anomalies, is in its channel, signals for the reversal are not expected. It loses about 20% with about 15 days periodicity. There is a stable downward channel, so do not open positions earlier than 0.00001210. It is worthwhile to conduct additional analysis in this area, the price may drop to 0.00001080. In the long term, does not cause much interest, but it can be useful for traders inside the day. We are waiting for the appearance of additional signals.
by ZOGRAS
Cardano Support/ResistanceWelcome Back! Today I wanted to draw a simple S/R for ADA considering how it has fully retraced back onto trending support. I talked about this coin in one of my Youtube videos but never got around to making a chart so, here it is! Simple S/R strategies can be easy to use and work very effectively. Considering how this coin is back to its lowest support, now would be a great time to look towards accumulation. This is a coin listed on the popular leverage trading exchange, Bitmex. Once alt season begins lots of institutional money will start flowing back onto their exchange thus creating large hype cycles with the alts listed on their exchange. Let's see how price reacts to these resistance levels. Want more updates? Subscribe to me on Youtube! Link is in my profile description. God Bless, JolleyCrypto
BINANCE:ADAUSD
by UnknownUnicorn846565
Cardano (ADA) Bull div, move up possible. Short ready.Due to the bearish market, altcoins are very easy to predict. Signals: Bullish Divergence on the 1 hour for ADA as well as 4 hour, indicating support at the current level. Cardano has tested support many times, having small bounces each time. Therefore, we long ADA now with a stop loss below the base of ADA. Once ADA hits the red cloud we close our long and consider a short. If the move up does happen and we break the red cloud, consider another long. For now ADA will likely be trading sideways. If you want to play safe, don't long in this bear market. Targets: 1783 level (+1%) Thanks for viewing! Please leave any comments in the box below. I will respond to everything.
Long
by HD1184K
PREDICTION:ADA to 0,64 is very realistic,analysis(ADAUSD,ADABTC)Hello everyone I’m interested in ADA for a long time. Today I decided to make a big analysis and to share it with you guys, let me know what you guys think and if you would like such analysis on another coin. Let’s get straight in to this . ADA/USD So you don’t have to be a TA-expert to see that ADA price is very cheap at the moment. So what are the most important things to look at: -The triple bottom is very bullish, that means that the bulls are strong enough to defend the 0.124 line. This is very bullish because it’s over a longer timeframe. We can see that this triple bottom is created in +/- 2months, which is a very long time in crypto-perspective. We can see that we’ve found support at the exact same levels in the past (March). -For me the buy zone is between 0.11 and 0.158. we can see a huge support-line at 0.11 (that’s our absolute bottom in my opinion). -I think this coin is really worth the risk aswell. The first strong resistance line will be at 0.2. the first big support is at 0.11. So that means if we go up, that our first real test is 55% higher than our current position. If we go down, then our first support is at 0.11/ 10% below our current position, so this is worth the risk if you ask me. We have had a 91% correction on this coin, this is bargain! ADA/BTC -So here we can see a double bottom, we’ve found support at exact the same price as in March. This shows us that ADA will probably never go under that price again, bulls have decided that this is the absolute bottom. We can see a very strong support at 0.000017. -The buy-zone for me is between 0.000016 and 0.00001938. -Taking a long trade is also here worth the risk, the first big resistance is at 0.0000235 ( increase of 26%) and the support is at 0.000017 (decrease of 7.2%). ADA to 0.64 First of all, in this case, cardano’s-dominance or the weight cardano has on the crypto market is (+/-) the same as on this moment. If we get an altcoin-run, the ADA-dominance could be a lot higher than 0.64. Calculation: ADA-domination: 1.33% total market cap RN: (+/-) 256 billion ADA-domination to ‘the other coins’: 6.7% ‘other coins’: everything except the big ones (BTC, ETH, LTC, BCH, XRP,… FIRST SIX) If we see a bull-run like in December, I think this market will be a 1 trillion market. If ADA domination to other coins stays at 6.7%, ‘the other coins’ (which I doubt it, I think it will be higher). Than we the other coins will at least have a 25% domination in this market, if ADA stays that dominant the next price could be at 64 cents easily. This above is worst case scenario in a bull run. If there comes another bull run, the ADA-dominance will be a lot higher, so will the price. (this was just quick maths in worst case scenario). summary The only way is up for ADA!
BINANCE:ADAUSDLong
by cheynos
4
Cardano (ADA) Bullish Ascending Triangle, 5.11 R/L RatioCardano is currently in an ascending triangle, & we have bullish divergence on the 1 day chart. This could be a promising long trade. Get in before the breakout and before the bounce from the trendline, don't pay retail. Buy in: 1828 satoshis Sell target: 1875 satoshis Stop loss: 1820 (Max of 0.43% loss) Or you can avoid selling if you believe the breakout is imminent. Keep in mind it will not follow the triangle exactly and may go sideways. Long as we have higher highs and the same resistance I will remain bullish. This pattern works well in crypto. Risk to reward is over 5, but will probably not follow the trading plan exactly, so should be used as a reference. Thanks for viewing. Leave your thoughts below, I will respond to all of them.
Long
by HD1184K
6
[ADABTC 20% LONG] Trading w/ Spectro™ MThis is a signal using Spectro™ M The blue background means a reversal zone. After the first reversal zone, you will see the Specter Clouds (green area above price) predicted the price channel 9 days before it happened. We see many of those "GREEN TRIANGLES" which mean that Spectro™ M confirmed a consensus on more than 20 indicators. So that was a strong reversal, and it was a very good and clean 10% trade. I've been playing around with this bouncing - it's a fat and nice 20% channel Right now we are much closer to a strong and old support than any other strong resistance, therefore the upside is bigger than the downside. We didn't have any Spectro™ M confirmations yet, but still, this is an asset that you might want to watch closely if you're trading with Spectro™ M . Targets around 15%~20% from entry. Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org
Long
by spectertrading
8
CARDANO: COINBASE LISTING & MARKET RECOVERY - PROFIT = 23.98% !Our  "Crypto Bottom" Trade Indicator  has correctly identified a buy in point on the  18th of July 2018 .  Using this buy in point and selling at today's peak price as identified by our  NEW "Crypto Peak" Trade Indicator , you would have expected to  net 23.98% PROFIT!!! The increase in price may also be explained by positive developments including: April 5: IELE, a virtual machine with a universal language framework for translating and executing smart contracts, is in development to be deployed on the Cardano blockchain.  April 7: Cardano notifies of it's intention to launch beta test of Cardano for Linux.  April 8: Cardano is added to Coinswitch (a crypto-to-crypto exchange aggregator and users can compare prices of ADA and 300+ other coins across their partner exchanges - including KuCoin, Bittrex, Cryptopia, Changelly, Shapeshift etc.)  April 13: The first audit was carried out by FP 0.12% 0.55% -0.67% 0.32% Complete in conjunction with Cardano Foundation on the Cardano cryptocurrency.  April 17: Cardano is added to Binance cryptocurrency exchange.  April 27: Ouroboros Genesis, the latest version of Ouroboros, the algorithm powering Cardano. his feature matches the security guarantees of proof-of-work protocols that was previously thought to not be feasible.  April 28: Cardano is expected to launch 2 test nets in the near future: Yella test net (Cardano’s IELE Virtual Machine) and K-EVM ( Ethereum -0.26% 2.88% 0.71% Virtual Machine) with release dates to be identified soon.  May 7: Cardano releases formal specification for a wallet.  May 9: EMURGO announces Ada token acceptance on Metaps Plus which is one of the largest mobile payment platform in South Korea. This is the first Asian cryptocurrency integration into mobile payment platform  May 19: The Chinese government has produced the first ratings table ranking cryptocurrencies with Cardano ranked at number 7.  May 23: Cryptopia (New Zealand Cryptocurrency Exchange) lists Cardano.  May 29: Cardano ( ADA ) launches Smart Contract Testnet (KEVM smart contracts testnet). Developers will be able to take any application that runs on the EVM and execute it on the KEVM - This is a necessary step towards the promise of third-generation blockchains.  June 15: Bitthumb lists Cardano.  June 20: Etoro allows trading of Cardano.  June 22: iceCUBED Exchange announces that it aims to list Cardano. June 30: IOHK releases a paper called the ‘A Treasury System for Cryptocurrencies’. This aims to resolve the “lack of secure and community-inclusive long-term sustainability of funding”. July 14: Cardano announces the addition of Goguen feature which aims to deliver smart contract capability for the Cardano computational layer. July 14: Coinbase announces that it is exploring the addition of Cardano it's platform. The general uptrend in the crypto markets as well as the positive developments outline above. ***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
1