ADA can strike again? | ADABTCEnter in blue boxes, out at greens!
Ada showed a very health correction after seeing the aforementioned resistance at 2400. It may now start for an Elliot Wave, depending on the BTC movement.
If we get the price strength confirmation in the blue regions we may see re-test of 2400 and and a new rally to higher regions.
Crypformation: ADA - Upcoming Events
31 July 2018
IELE VM, a register-based machine inspired by LLVM, will be released on testnet between June and July.
Validation: 740/766
30 September 2018
"People will be able to use Ada to make everyday purchases in more than 33,000 stores in South Korea...," around Q3 2018.
Validation: 29/29
Stay tuned.
CryptoCholics out, Peace out!
CARDANOADA
ADA / CARDANO - Attractive For Buying or Selling?ADA/BTC update:
The price has reached resistance zone and this is decision point which direction it will go. The past performance shows that this has been very attractive level for selling. Daily candle closing above of 0.786 would indicate that bulls are in control and break out upwards can be confirmed with expanded volume. Without volume it's more likely to fail than succeed.
Moving Averages are crossing which is signaling that the price wants to push higher.
Steadily increasing buying volume is indicating that if it's going to have retrace it's more likely going to be shallow.
Conclusion:
The daily candlestick is showing indecision with small body inside of the resistance zone and it's better to wait for confirmed signals such as increased volume and close above of 0.786 fib level for example.
Buying at these heights is risky as seen in the past performance as it has been very attractive zone for selling. Taking partial profit here is likely better option and adding more to my position if it retraces down.
Please, if any question comes to your mind don’t hesitate to ask! I try my best to respond ASAP!
If you need help with trading, finding information or courses let me know and I’d be more than happy to help you!
Things to Remember:
Stop-loss orders are strongly recommended.
Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
Do your homework before investing.
DISCLAIMER:
Please be aware this is not financial advice. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing in anything.
Yarr
Cardano little Bullrun?Hello everyone! Hope all of you are doing good in this shaked cryptosurfing.
Let's see what could happen with Cardano ADA BTC.
Seems that it must go down to 0.00001950-1960 for than have a litlle bullrun which will reveal if it can keep going up to the sky or if it simply goes back to a lower level and build a stronger support.... All that in the green path...
This is just an idea using a few trend lines and 2 Bats patterns that looks like fractals (green is the little version of the pink one).
Consider this is a very positive scenario where reversals reach high levels cause the bad view always will have as top 0.382 levels.. so if that was the case, the green path must be squeezed to 1/4 at least (green 0.382 level = 0.000022 btc)
All comments, ideas and feedbacks are welcome.
This is just for educational uses.
If you like my ideas, please hit Like, leave a comment and share them!! And dont forget to follow me for more.. i will do some short analysis of several coins in this days.
GoodTrade
-CJ-
CARDANO: BITTHUMB & ETORO LISTINGS - PROFIT = 10.95% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of June 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 10.95% PROFIT!!! IN 24 HOURS!!!
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 0.55% -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 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.
(NEW) June 15: Bitthumb lists Cardano.
(NEW) June 20: Etoro allows trading of Cardano.
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.***
ADA - Cardano 12h Chart Reversal or it could get uglyADA is in my set buying zone from 2 weeks ago.
Easy buy here, not cause it will go up 100%, but cause there is a good chance for reversal, while we can set a really tight stop.
Multiple bullish divergences especially visible in RSI.
If this volume range doesn't hold, we can use a tight stop at around 1850, cause 1600 and even 1200 get likely if we can't hold current levels.
SEC receives complaints about Coinbase - Cardano AI/ML SignalOver 134 pages of customer complaints aimed at Coinbase have been filed to the SEC and the California Department of Business Oversight. One customer complained that money they transferred between Coinbase accounts never processed. The customer then went on to claim that Coinbase is holding the funds for investing purposes. Other customers complained of similar problems – losing funds. Another common theme in the files sent to the SEC were that customers could not get back into their Coinbase account and that the firm was being unresponsive.
The AI Machine Learning 3-Day Crypto Signal for Cardano is Don’t Own and was published this morning. Learn how to use ML 3-Day signals when trading cryptos. The average accuracy score for the Machine Learning algorithms for Cardano is 71.46%.
Possible 10% on next Cardano BNB pump?0.618 yellow fib level was reached as target of the inverted H&S in yellow
Hopefully 0.618 green fib level (or simply yellow 1.618 fib level) will be reached as a target of the green C&H pattern on this next pump
Get ready
Just for educational uses.
If you like my ideas, please hit like, follow me and share this crazy things!!
Enjoy your profits if this is helpful for you.
GoodTrade
-CJ-
ADA vs BTC - Up to 80% Profit Potential!!I hope you got onto my previous successful ADA vs BTC trade from April. Here is the next set up I see coming.
We are getting close to the apex of a large triangle pattern – looking set to go up in about 4-5 days time. I don’t think the 23.6% Fib will provide any resistance. The 4100 resistance will provide some decent resistance from which we are likely to retrace (only as far back as the 23.6 Fib at the most – 3480ish). We will then bounce back with renewed vigor and tackle the Heavy Resistance Zone between 5170 and 5900.
Buy on confirmed breakout of the triangle with supporting volume – 2800ish
Stop Loss 2450-2500
Target 1 – 3400 (21%)
Target 2 – 4000 (42%)
Target 3 – 4500 (60%)
Target 4 – 5000 (78%)
Indicators:
- MACD has fizzled out showing we have plenty of room to go either way
- Stoch is not yet oversold but is around the 40 mark
- Aroon Up (50) is dropping but so is Aroon Down (7) indicating neither bulls nor bears have an edge here
- Accumulation/Distribution has remained steady despite the retracement from the resistance at 4100
Quick Update On Cardano (ADA)Hey Guys. im with my new TradingView Account, some of my friends are here already , welcome Guys :) and welcome to others that will enjoy us Soon :)
Let See Whats Going ON With My Favorite Coin 'ADA'
Personaly im Bullish on ADA, BUT for NOW we have 2 scenario . A break below 0.00002720 will lead us to 0.00002530 - 0.00002600 range, i'll have buy orders there for sure too.
If 0.00002720 hold we will go up from here. THATS SO SIMPLE . wait for confirmation before do a trade.
Happy Trading :)
ADA Multiple reasons to buyShould be strong support at the 2566 for Cardano.
Longterm trendline support, 1:1 extension on the ABC and .65 retracement level all fall to this level.
BTC will play a large role in this trade so no targets to be set yet but we have a lot of reasons to suspect a bounce in this area.
Falling wedge can also be seen on ADAUSDT
ADA 4hr Buy ZoneAfter the nice rally we've seen traders taking profits.
Currently, the candles are getting slapped down at the EMA's.
We haven't hit oversold conditions on the RSI just yet but are getting close.
Volume on the buyers side still hasn't really shown up just yet.
Overall, the area between 2700 and 2600 satoshi's has been a good support zone for Cardano.
I'll be scaling in between those prices.
ADA/BTCAccording to Tomdemark system, ADA is falling since 2 days. Due to the fact that the indicator stochRSI does not show ADA coming to the bottom line, it seems ADA is going to fall for 7 days more. I am adding a Fibonnacci graph where the support lines of this coin can be seen. The next Fibonnacci support line can be previewed from the graph. Furthermore, according to Tomdemark and the StochRSI indicator, there is a signal for a possible rise in this coin. In the case Bitcoin is not going to have any problem, I ecxpect a rise by 25% of ADA coin.
Cardano's Oversold Bounce.Hey, I am back with another T echnical Analysis , this time looking again at ADA - Cardano .
Cardano has launched its testnet, ADA 1.2 was released.. many great news and low price, bitcoin looking stable, what could go possibly wrong ?
As Bitcoin has bounced today from its RSI daily oversold level as I predicted many alts has also bounced.
Okay, lets just look at Chart.
Not much to see, downtrend line, few ressitance and one key support level.
So what about Indicators?
RSI has bounced off strongly off oversold level.
MACD starts to curve upwards, with sellers quickly leaving.
MA shows perfect cycle, showing that Cardano is undervalued.
EMA is at decision point.
I got position at 2460 sat, good isnt it?
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with ADA somehow clearer.
If you like this Technical Analysis let me know in the comments, likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update .
Cardano (ADA) Upside potentialCardano (ADABTC) reacted from the support level around 0.000025 and has been rallying since.
Price is now at the resistance level around 0.00003 and it has to be seen how price reacts from it.
If price drops down, we can expect it to reach the support around 0.000025 again before the rally resumes.
If price breaks through the resistance, we can expect a retest of the same level and a continuation of the rally.
Good Luck,
CryptoTrendline
CARDANO: MARKET RECOVERY & TESTNET RELEASE - PROFIT = 18.62% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 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 18.62% 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 -0.67% 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 0.71% Virtual Machine) with release dates to be identified soon.
(NEW) May 7: Cardano releases formal specification for a wallet.
(NEW) 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
(NEW) May 19: The Chinese government has produced the first ratings table ranking cryptocurrencies with Cardano ranked at number 7.
(NEW) May 23: Cryptopia (New Zealand Cryptocurrency Exchange) lists Cardano.
(NEW) 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.
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.***