Get started

CARDANOADA

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
Alert:: important update on Cardano (ada-btc) hi friends cardano going on downside and it continues moving in downtrend I'm on the day chart of cardano and I can see there is lack of volume on ada chart and candles are formimg below the 20 day Ema which indicates Downside moments ichimoku cloud is also red at the moment which indicates it will hang on downside for some more days, it hangs 5 days on that strong support of 2500 sats and the bears has broken that support yesterday so it went more down and I believe it will go more down because buyers are not interested to buy even at this price so the next dump target will be 1800-2000 sats which is a very strong support and buying Ada on that strong support will gives huge returns in feature cardano is a strong technology crypto currency and we can expect 400-500% returns from Ada for 4-6 months holding Buying Zone 1800-2000 sats Target 400% holding time 4-6 months good luck...!!!
by Shining_Fireking
ADABTC: Opinion -> Looking bullishHi all, I've been looking into cryptocurrencies for a while now. Recently i started commenting and monitoring cryptonews through Twitter and since today i felt like sharing my very own opinion about Cardano. To be clear, i'm not here trying to shill anything, i'm just showing my opinion based on my own research (you should do yours as well). To make a long story short, i think that ADA is looking quite bullish. You can see an obvious descending triangle, which is usual a bad thing. But ... in this specific case ADA will most likely bounce up (eventually). I say this because of the upcoming Shelley release -> which is scheduled for Q2 according to the ADA updated road map. Until that time there are many other things happening around ADA, which you should definitely look into. BUT... if the supportline breaks Cardano will continue to fall. Which is (in my opinion) very unlikely.... I would say that there's only a 2% chance because of the strong support and very good circumstances (based on the road map). If support breaks your should STOP LOSS. Even though i strongly believe in IOHK, i do not have a crystal ball to predict the future. As many others said before: Do not invest what you can't loose + do your own research and trust your guts!!! Feel free to share your opinion in the comments :-)
Long
by R2D2_Cryptogod
ADA hitting ROCK BOTTOM.Time to buy before FOMO kicks in.Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell. After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced. If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen. Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity. You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment. Best of luck!
Long
by The_Sparrow
ADAHello all! I want to explain the lines on my screen here. The most important line in play is THE DOWNTREND LINE! Until we break out from this longterm downtrend line we ain't goin nowhere! ( line goes from upper left to lower right) #2 the LONG TERM UPTREND LINE! If we get a pop break out this is resistance until we confirm above this! After that it is SUPPORT! #3 is the bottom RSI indicator. Triple bottom and moving up for now. If you want to be safe wait for all these three to confirm and buy. Keep an eye out though this might happen fast once it happens, I am not saying it will happen soon! Obey the horizontal lines they are long term support/resistance lines. THIS IS LISTED AS NEUTRAL BUT I AM IN LONG and ready to sell if we break lower. anything under the 2475 mark is baaaaad SO : tight stops for the drops and sell at fib resistance if breakouts dont confirm above or just HODL and if you are why read this?
by orbsatchel
ADA/USD - 3/1/2018Good morning, Traders! Cardanos price has recently broken out of a smaller descending triangle to create this longer-term one. Most descending triangles have a very high chance to break bearish rather than bullish. Although, due to the magnitude that this break will entail, I don't believe holders and supporters of this coin will allow that to happen. If the triangle were to breakout to completion, the final price afterward would be in the negatives (which obviously isn't possible). This would mean that the volume would essentially completely die and all remaining volume would be bearish. Just holders selling off what they have before the price reaches 0. That is a very far-fetched claim to make. So, because these descending triangles still do, on occasion, break in the bullish direction, I believe this situation will show that. Along with the triangle, the price is reaching the end of its correction wave cycle. I am claiming that it is nearing the end due to the fact that the price is also consolidating now into a very tight area. The breakout of the triangle would also indicate the beginning of a new Elliott wave impulse wave cycle and the breaking of the 2/1 Gann fan indicator. This would also indicate a reversal into the bullish direction, if not just more bullish price movement. Important Resistance Levels: 0.374, 0.450, 0.551 Important Support Levels: 0.2567, 0.208 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: Arham Bheda Senior Research Analyst
BINANCE:ADAUSD
by EQBM
3