Cardano still searching for bottomSeems like Cardano is still looking for a comfortable bottom. It is continuing to trend down inside a larger descending wedge than originally thought. Though it broke out once, the attempt failed and resumed the respected wedge. We have busted through support 1, but have much stronger support 2 line along with a supporting trend from mid January to look at for our next support.
CARDANOADA
Cardano is ready for big things!
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing.
RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow.
If everything goes how it should, be ready to open a position.
Very good coin at a very good price, guys
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 :-)
I want to know WHEN After seven days in row, ADA shows resistance signs , and attracts new traders. Today we are waiting a roadmap update, and if the news are good, they will give extra boost I.'m in for a long time, and I will wait until 2300-2400 (If the support does not break) to buy more .I am very optimistic about this project . I do not think we'll be back in those prices again.
Have a nice trading
For education proposal only
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!
ADA quick 30% profit oppertunity (cardano price analysis)holding the strong support 2500-2600 sat (buying zone)
cardano roadmap update
coming up and lots of good news for cardano this month quick 30% profit opportunity
for short term sell on 30% profit because whole the market is bearish at the moment but if your holding for long term then100% profit can take out from cardano
good luck
stay bless
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?
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
ADA Cardano to hit .36 beginning of March 2018 despite criticismThe Cardano project is an exciting one. Regarding the price, it was at its highest when it was around the $1.5 range. Its much much lower now. The project is wrapped in intriguing "stages" named after famed thought leaders or scientists (Probably in the eyes IOHK Charles Hoskinson). Who has made a following from travelling the world in style apparently, speaking about Cardano. He's right. He is not running the project for day traders. But it wouldn't hurt if those that believe in the project got a tangible surprise to lay their hands on. I see ADA Cardano at .36 early March 2018.
Carda-YES!: Cardano finally finds the floor?: A Tech AnalysisHello fellow traders!
Cardano has been steady dropping since it's peak at the beginning of the year. Is this the floor we have been waiting for? Quite possibly friends. Let's look a couple of things on the 1 day chart that make me bullish on BINANCE:ADABTC .
First, notice the light blue channel. Back at the beginning of the rally Cardano had last year, this was an important support level for the run up from 2600 to 9000 satsoshis. The top of the channel held since first contact was made on Feb 20th. If it breaks downward any further, the next support is the bottom of the channel at around 1300 satsoshis.
Next, notice the T.D. Sequential indicator has completed a T.D. Buy Countdown, signalling the lowest risk opportunity to open a position. If we pair this with the oversold RSI level, one could view it as a trend reversal.
Lowest risk opportunity for a buy and an oversold RSI!! We may be in for a wild ride!
I'm a rhyming fool over Miss Lovelace!
As always, have great days or nights, where ever you are.
Trade Safe. Trade Smart.
ADA price analysis ( cardano btc price analysis )hey guy if your thinking to buy ada then you better have to wait some more dips its broke below 20 day EMA which is not good sign and also that 100 day SMA line crosses and its stay above which indicate lack of volume and trend
good support and buying zone will be 2700-2900 Sats
note: Cardano is a strong technology currency with very strong community if you buy on good dips then hold it tight expected profit 300% in mid term.
good luck
stay bless.
Watching some ADABTC levelsWhat I'm looking at:
Just bought some ADA at 3100. Set first target to 4000 back in the cradle zone.
Actually I want it to go to 5100! (my real target)
If it's going lower than this support at 3100 I'll update my position ( I'll accumulate some more ADA on a lower price)
Just fun trading. Not advice!
Cardano ADA-Bilance with 1,000% Medium-Long Potential (LOW RISK)Cardano ADA has positive long term potential - RSI with MACD positive
Chart is self explanatory with minimum targets outlined there
Like if our charts help you! If you don't follow us, you won't receive updates!
Do not invest what you can't afford to lose. We are not your financial advisors.
ADAUSDT Bittrex Tuesday Feb 194H Chart, shows in RED LINES the BTC trend. I estimate an Uptrend Channel of about 10º against the 20º of the BTC, a Resistance Zone tested on FEB09 and a TARGET of $0.45, after buying around the green arrow, all these based on the BTC / ETH and Altcoins similar behavior. Good Luck
This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Diagrama de 4 Horas, muestra en LINEAS ROJAS la tendencia de BTC. Estimo un Canal de Subida de aproximadamente 10º frente a los 20º del BTC, una Zona de Resistencia probada en FEB09 y un TARGET de $0.45, después de comprar alrededor de la flecha verde, todo esto basado en el comportamiento similar de BTC / ETH y Altcoins. Buena suerte
Esta es solo mi opinión, haga de ella lo que desee. ¿Qué significa esto? ¡Significa que no es un consejo ni una recomendación comprar o vender nada! Solo se debe usar con fines informativos o de entretenimiento.