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CARDANOADA

Cardano Upside potentialCardano (ADABTC) has been rallying the last few weeks and is now close to the resistance level above 0.00003. If price reacts from the resistance level we can expect a drop down to the support level around 0.000023 before the rally resumes. If price starts dropping from the current levels, we can expect the same scenario as above. If price continues to move up and breaks the resistance level, we can expect the ascending trendline to additionally support price on the way up. Good Luck, CryptoTrendline
by CryptoTrendline
ADA finally wants to awakeAfter Complete a perfect butterfly and reach the 1fib extension of BC trace, we could expect to go back to the .382 fib of same extension (2475). Then, is almost sure that price will pump to 272-279. We will take position on .382 fib and 1.6fib of BC ext (.786 and .236 of the total wave) Its interesting what's happening because it looks like some Bat its appearing. This is not a trading advice anyway, just for educational uses. Good Trade! -CJ-
Long
by CristoJaraba
TRADING WITH THE TRENDIdentifying the trend and trading with it is vital to your success as a crypto trader. The crypto market can be an emotionally charged place and, when traders start pushing the price of a coin in one direction or another, other traders typically start to follow suit and push the price of the coin in the same direction. When you see increasing momentum building behind a moving coin, the chances are good that the coin will continue moving in that direction. At that point you increase your odds of making money by trading with the trend. Fighting the trend generally turns out to be a losing proposition. Trends tell you where prices will most likely be going in the future. If traders are pushing the coin price higher you ought to buy the coin to make money. If traders are pushing the coin price lower, you ought to sell the coin to make money. If traders in disagreement over where the coin price should go and are pushing the coin price sideways, you ought either to alternate between buying and selling the coin or wait until the trend is clearly up or down to make money. PAYING ATTENTION TO SUPPORT AND RESISTANCE Support and resistance levels are like the ends of an Olympic swimming pool. Just as the ends of the pool tell swimmers when it is time to turn around and start swimming in the opposite direction, support and resistance levels tell you if the price of a coin is likely to stop, to turn around, and to start moving in the opposite direction in the future. Knowing where a coin may stop and turn around helps you to enter and exit your investments at the most profitable times.
Education
by TheWolfOfBinance
CARDANO ADA on Bull Run potential for 45% Short - 750% Long - LThis is a low risk trade if you can give it a few weeks or month hold. I believe that we hit near bottom with Cardano. Trend change helped us since we broke downward wedge. If you're in this trade for short term I would expect around 45% profit potential, medium term which entails few month hold can expect over 100% profit and long term holders are in best positive at this point with over 750% profit potential. Targets are all shown on chart. Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Long
by CryptoManiac101
2
Cardano (ADAUSD) attempt number 3 to breakout downtrend line?Hi all, Let's take a look at my chart. As you can see we have already had 2 attempts to breakout the downtrend line (the green line). Both attempts failed (red circles). At the moment ADA is trying to breakout the downtrend again. Will ADA succeed? Scenario 1: ADA will follow the Cypher Pattern to the 0.26 - 0.29 zone. Be aware that a retrace to 0.5, 0.618 or even the 0.786 fibonacci level is possible after this Cypher Pattern. The good thing is that ADA will be out of the downtrend since the ATH. Scenario 2. ADA is hanging exactly on the 0.618 levels. If this level doens't hold a retrace to the initial bear flag target is possible. What is your opinion on this? (this is NOT a financial advise, but just my trading idea).
BINANCE:ADAUSD
by tdk88
ADA/BTC Price Analysis (March 20th, 2018)DISCLAIMER: THIS IS NOT A FINANCIAL ADVICE, BUT PRACTICE ANALYSIS. I AM A NOVICE CHART ANALYSIS WITH LITTLE EXPERIENCE. TAKE THIS ANALYSIS JUST FOR A QUICK REFERENCE ONLY. FEEDBACK MUCH APPRECIATED. Fibonacci Retracement: drawn from recent high Feb 25th to Recent Low March 18th. - 1 = 1738 Satoshi - 0.786 = 2117 Satoshi - 0.618 = 2414 Satoshi - 0.5 = 2622 Satoshi - 0.382 = 2831 Satoshi - 0.236 = 3063 Satoshi Bollinger Bands: Little price volatility. Currently hit the top of the bands, so it looks like the price will decrease short term. RSI & MACD: Golden Cross happened on March 18th. 4H chart shows it's about to be oversold and will be descending. 1D chart shows oversold, and MACD about to enter golden cross. Based on 4H & 1D chart comparison, ADA is currently overbought short term and oversold long-term. Therefore, the price will drop for the short term being and in long term being the price looks like it will rise from here. Conclusion: even though ADA is currently oversold long-term, it looks like the price will drop a little further from here on for another month. It looks like it is not likely for ADA to recover in a short term as FUD has been spreading heavily for a long term over the past 3 months, unless a great FOMO news breaks out. I don't see this as likely. If that happens, ADA may have a good run-up. But I see this 10%-20% to happen. RSI descending wedge formation indicates that the price will drop further. It's too early for an entry. Price is likely to drop even further until end of april- but it's heading there- an awesome trading point in around Mid-End of April. Expecting Ada to have a great trading season by end of April or May. Have to be patient and wait. It's coming. For short term traders, 1738 will be a good entry point coming within about a week. Sell and exit. For bagholders, HODL. You will be able to recover on May.
by msl1010
ADA/BTC - 3/13/2018Good Afternoon, Traders!  Cardano has been in a constant bearish trend since the start of 2018. Looking at the Bollinger bands, it can be seen that the bands have slowly come apart and seem to be moving slowly together indicating a chance for higher volatility in the near future. Along with this the small triangle indicates there will be a break from the price very soon. The strong resistance level above the 78.6% fib retracement level was the most significant used level supporting the price from falling below, so it can be assumed that it will in turn into a strong resistance should the price break into the bullish direction. The RSI indicator states that ADA has been extremely oversold for a little under a month. This could be seen as an opportunity to buy for some traders and see the price move in the bullish direction. Important Resistance Levels: 3085, 3761  Important Support levels: 1274, 541 DISCLAIMER   WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.   CONFLICTS OF INTEREST   GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.   Written by:   Hammad Fazlani  Research Analyst
by EQBM