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CARDANOADA

ADA - Cardano in Rounding Bottom.Hey , I am back with another Trade Idea. This time looking at Cardano - ADA. ADA was recently added to another big exchange. ADA is currently in a Clear rounding bottom bullish pattern, even MACD looks like an perfect rouding bottom. RSI has strong ressistance at 67 level, which was tested bounced back and few days ago was broken. MACD is giving Strong buy signal with increasing ammount of buyers. Hope I made your view on whats going on with Cardano somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update.
by TiborVrbovsky
4
ADABTC MOONED!!! Now Its Time to CorrectOk guys, So, with the news of of ADA being given additional of ADABNB and ADAUSDT trading pairs on Binance pairs, we pumped massive. From the bottom of Wave 3 to the top we had a 25% price gain. We hit a killer Wave 3 target at just over the 2.618 Fibonacci Extension zone of Waves 1 and 2. Now, we will be in a Wave 4 Correction. As far as I can see, we have already completed our Waves A and B, and my reasoning is that I already count a 5 Wave structure up for wave 3, so the following Wave can't be anything other than our Wave A, and then what I'm counting as Wave B did not make a higher high. We hit a bearish spinning top on the daily where I have labeled our Impulse Wave completion, and this candle signals that the bulls have run out of steam and the bears have taken control. Now, my target for the base of Wave 4 is the 0.382 Fibonacci Retracement, conservatively. There is a higher probability that we go lower, however the main range for retracement is between the 0.382 and 0.618 Retracement Zone. So we should likely correct here to atleast 2744 Satoshis. I have given a Subwave count for Wave C, however it is mostly conjecture because we have not had a Countertrend to verify that Subwave 1 has hit the bottom yet. We could already be done with Wave 1 at the posting of this, or we could possibly go deeper. I am not sure at this point. I simply drew it out as an indication of a possible scenario that could be played and to extrapolate where the bottom of the correction could finish. If you have any questions feel free to ask. I hope you enjoyed my chart and explanation. Always remember to practice proper risk management! And please don't forget to like !! Happy Trading!! Bearish Spinning Top Daily Candle:
Short
by x28Jakke
ADA/BTC Possible upcoming playADA/BTC has been bleeding for quite some time now with little to no retraces and bounces. We are reaching a an area at which a higher bounce or a full market reset is more likely. Would need to see a confirmation of support in the green zone to determine the entry better. So far Range of 1500-1000 seem most likely for an entry point, going below 1,000 can push it to a an extremely low point at which it will have to bounce really hard from to push it back bullish. I expect to see some kinda reversal happening first week of April, would like to see at least a couple of days in the support area, with increased volume to push us back out of it.
by CrimsonBull
ADABTC Bittrex 4H up to 18APR18 Trading Analysis (TA)ADABTC Bittrex 4H up to 18APR18 4H Chart, also works in 1H, at this time the Cardano (ADA) has been floating on SUPPORT ZONE 3 for a couple of days after the RESISTANCE ZONE 1 became into support; the 50,100,200 MA indicator already crossed and is beein moving into an ascending pattern (Blue Arrows), along with a slightly ascending movement on the MACD and RSI (Checkmarks), if this properly explodes would be nice targeting RESISTANCE ZONE 2, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 336 Billions. Good Luck! 4H Chart, también funciona en 1H, en este momento el Cardano (ADA) ha estado flotando en SUPPORT ZONE 3 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte; el indicador 50,100,200 MA ya cruzo y se está moviendo en un patrón ascendente (flechas azules), junto con un movimiento ligeramente ascendente en el MACD y RSI (Checkmarks), si esto explota correctamente, nuestro target estaria en RESISTANCE ZONE 2, pero mantenga siempre en tenga en cuenta que también puede caer. En este momento el Market Cap se mantiene sobre los 336 mil millones. ¡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"
Short
by rodulfox
You should must know this Before you miss cardano Bus ( ADA Btc)hey guys I'm analysing ada cardano scince long time its formed bullish pennant chart pattern and my self I got enter in it when it got breakout from that bullish pennant I have no plane to sale this strong 3rd generation crypto coin until I get 200-300% from this gem roadmap update coming soon and its got 87% correction scince its last ath its a worthy play to buy at this breakout accumulation Zone 2100-2400sat first target 3100sat if your a short player target 4200sat target 6000sat for Long Run (3-5months) note= targets wont achieve overnight or 1-2 days it needs Hold and we shouldn't fear to buy at this dips after 87% consolidation hold it and enjoy the real profits Good Luck.
by Shining_Fireking
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