Get started

CARDANOADA

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.
by keci
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 .
by TiborVrbovsky
5
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.***
by CryptoTradeSignals
Clear Channel Down on 4HCardano (ADAUSD) is on a standard 4H Channel Down pattern (RSI 37.879, MACD = -0.010. B/BP = -0.0194) that is now consolidating (Highs/Lows = 0, STOCH = 48.465) the absence of a Lower High. The next Lower Low and our TP is 0.121695, with an extreme extension (based on the previous bearish Fibonacci sequence) at 0.107614. Medium term buyers are advised to start placing long orders strategically between 0.12 and 0.14. Note: there is an extreme scenario for a Higher High on the cross of the 0.256983 Resistance with the Resisting trendline drawn from the 0.389197 Top.
BINANCE:ADAUSDShort
by InvestingScope
Cardano at decision pointCardano (ADABTC) has been dropping down following the break through the 0.00003 support level. If price rallies back to the 0.00003 level, we can expect it to provide resistance and price could possibly drop from there. If price keeps dropping down, we can expect a reaction from the support level around 0.000023. At the moment it's best to wait until price reaches any of the abovementioned areas before making any trading decisions. Good Luck, CryptoTrendline
by CryptoTrendline
2
ADA/USD pair seems to have no clear direction currently. The currency pair is one of two today’s leaders as it added nearly six percent in the past 24 hours. Cardano seems to feel good as ADA price moves along the green ascending trend line. However, currently, it is in correction. ADA/USD has crossed the support area at $0.2523 and currently loses its positions. Cardano price is still above the Ichimoku cloud meaning buyers are controlling the market. Possible scenarios for Cardano are the following: 1. ADA/USD will develop its decline towards the green ascending trend line and test it. Sellers will have the opportunity to push Cardano even lower if successful. The closest support area is at $0.2387. 2. The currency pair will try to test the closest resistance area at $0.2523. Buyers will have an opportunity to drive Cardano even higher if successful. 3. ADA/USD will stay close to the current level without significant price changes. The currency pair seems to have no clear direction currently. It moves along the higher border of the Ichimoku cloud on the hourly chart. Check more detailed crypto analysis HERE
BINANCE:ADAUSD
by UToday
Is ADA a Good Buy Right now?Hey, I am back after some time with another Technical Analysis , this time looking again at Cardano - ADA. I will answer really simple question for me, and that is if Cardano is a good buy now. Lets talk a bit about it. Cardano is really solid buy right now. Why? Cardano / ADA is in the strong demand zone and has bounced off 50 day EMA and has broken downtrend line. I dont see ADA as a good buy only if Bitcoin will fall below 8200, that would made this strong demand zone, strong ressistance zone. Moving on the chart. Downtrend line broken, Strong demand zone, few supports and ressitances ideal for buys and sells.. not much to say. Oh yes, slight uptrend. What does the Indicators says? Not looking so good, ADA may see lower levels in this zone such as 2950 - which may lead to strong bounce upwards. RSI - Failed to hold at support. MACD - sellers dominance over buyers, failed to hold divergence. Stoch is at the bottom giving buy signal, for me is stoch like a fast MACD which can lead to MACD curve. Also daily Fractal has told me that at 50 day EMA there is strong support. 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 aprreciated, Thanks ! If this gets a little bit of attention, I will do an update!
by TiborVrbovsky
8
ADA BTC Bittrex 4H up to 16MAY18 Crypto Trading Analysis (TA)BITTREX:ADABTC 4H Chart, also works on 1H, at this time Cardano (ADA) has tested the SUPPORT ZONE by the third time since May 11 hovering over it for 4 days since May 16, gaining strength to go up. The 50, 100, 200 MA Indicator is increasingly separating its 100/200 days signals (Orange Arrows), but the Stochastic RSI Index (Blue Arrows) is pointing toward a Bullish situation and the MACD even though has been diving bellow the Histogram for a while, we could spect it to move upwards for fresh air on the surface in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of sea to dive a deep more always. At this time the Market Cap is struggling on the 382 Billions and BTC is trying to reach the $8.5K. Good Luck! 4H Chart, también funciona en 1H, en este momento Cardano (ADA) ha probado la ZONA DE APOYO por tercera vez desde el 11 de mayo, surfeando sobre ella durante 4 días desde el 16 de mayo, ganando fuerza para subir. El indicador 50, 100, 200 MA separa cada vez más sus señales de 100/200 días (Flechas Naranja), pero el índice RSI estocástico (Flechas Azules) apunta hacia una situación Bullish y el MACD a pesar de que ha estado buceando debajo del Histograma por un buen tiempo, podríamos esperar que se mueva hacia arriba para tomar aire fresco en la superficie en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay mucho mar para bucear más profundamente. En este momento, Market Cap está luchando en los 382 Billones y BTC está tratando de alcanzar los $8.5K. ¡Buena suerte! "Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
by rodulfox