LONG Cardano, long-term Buy opportunity for ADABTC. Hunt it!Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.00004887 to 0.00003881), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @ 0.0000635
TP2= @ 0.0000915
TP3= @ Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 53.
.Current short-term is range bound, but beginning of uptrend is expected.
CARDANOADA
CARDANO (ADA) ticking to explode!BITTREX:ADABTC As we can see the graph has slowly melt down like an ice cream. But we are the freezer and we will resuscitate this resitance in next hours !
WE all LOVE CARDANO chart, as we can see nothing is stopping the next bullish.
Short term profit at least +30 %
Long term trade TO THE MOON
The lark Volume Momentum is ticking, and the new buyers are at the door.
Glad to trade, happy to be here!
Namaste!
ADA Long Opportunity. The price of Cardano's token adabtc has recently pulled back ~55% from its all time highs. While this may sound frightening to some of you who are new to crypto currencies, this is very normal in the space and is actually very healthy. Now the price of adabtc is at a critical junction. It can either hit resistance at the 50% or 61.8% Fibonacci retracement levels ( as seen on the graph, The 50% level is indicated by the red arrow). If it hits resistance at these levels and begins to resume its fall those adabtc holders should probably think about reducing exposure because that is a bearish technical indicator. If It breaks above these levels along with high volume it is very bullish. My price target is assuming the latter happens because that is historically how adabtc trades. Of course past performance is not indicative of future results. The price target was established by taking the previous move in adabtc after having a 50% correction or higher, and then translating it to the current price action.
How this helped Comments are encouraged I will try to respond to all of them.
If you really are feeling enriched by this content tips are encouraged. BTC wallet address is in my profile and you can always pm for any altcoin addresses.
Cardano: All the cool kids are doing it, and you want to as well(Note: This was published under 'wave analysis', and I am republishing it without tags so those who are searching "ADABTC" will be able to see this.. This chart also uses 4hr candles rather than 1hr... targets are slightly adjusted)
BTC 4.12% looks like it will be moving sideways for awhile... perhaps it will see some rise when the Koreans put their money back in, or Americans receive tax refunds... but we are not here to talk about Bitcoin 4.12% , we want Cardano!
The insane amount of push behind the demand for this coin will keep it above .50 from here on out, and we could be looking at $5 by the end of the year... (hopefully)
Anyways, short term, looking at the fibs, I see a few areas where the algo traders might be making moves.. When Cardano has a runnup, it tends to follow the technicals pretty well, as most high volume coins should.
So, hopefully, we will return to our all time high position IF Bitcoin 4.12% remains dormant over the next week or two. Whatever happens, Cardano is an excellent buy for a long term hold.
Cardano ADA continious uptrend as 5000 satosis seems to holdAs my double Fibonacci setup shows, Cardano ADA is at some solid support.
It also made its initial move already from the double longterm 50% and medium term 61.8 levels.
Next targets are Fib extensions as I am used to.. first 11000 satosis next 14500 satosis
New technical analysis for Cardano (ADA)Now, when we have more information to analyze the market, here is my prediction. As you probably have noticed there isn't much selling going on, and I believe people are getting ready to stake (75% complete). It doesn't mean we won't see a correction after tremendous growth like few days ago. Everyone is trying to accumulate as much Cardano as possible. I believe the potential for growth is more obvious than the market keep correcting, but I drew the support lines for both scenarios.
ADABTC Continuation Possibility After a monstrous rally, Cardano might be prone for a major correction. A symmetrical triangle pattern is forming. This pattern could perform as a bearish continuation, in which case we would be seeing a large drop in price. As you can see, the 0.618 level is acting as a strong resistance and the 0.786 level has been broken a few days ago. If BTC skyrockets like it has done in the past, we might see bearish momentum for Cardano.
ADA CARDANO/BTC STAIR STEP PATTERN AND ACCUMULATING POWER
So many expectations in this altcoin that could be placed nothing more or nothing less than in the fifth place in the Coinmarketcap ranking.
After having three excellent pumps followed by a period of consolidation when days after having a recession of almost 100% of the last pump remaining flat but consolidating in the shadows, forgotten.
This is the moment when ADA / Caradano needs more than ever back its volume, its people and interest.
Target levels to achieve:
PT1, 2 and 3
And it's just the beginning.
Let's really put Cardano in the 5th place. and let's be clear how many of us who believe in this currency.
How always thanks for the amount of followers that grows every day, likes, thanks for good calls, that fills me with pride to make charts to share with you and with these results.
You can follow me on the steemit channel:
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I wait for you and thank you for your time!
More data:
www.cardanohub.org
cardanofoundation.org
coinmarketcap.com
News:
cryptopanic.com
Cardano (ADA) with correction before predicted $2 (strong buy)Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano will solve scalability, sustainability and interoperability.
All the pullbacks we have seen previously has been obviously small, and this is definetly the biggest one so far, the coin is revulotionary and this pullback won't last long! Buy the dip and hold if you lost the oppurtunity earlier!
$ADA corrected and ready for the next highLast days were turbulent. $BTC had a crazy parabolic move to a new ATH that "killed" all Altcoins.
30% swings move up and down happened in a matter of hours.
I waited for all this to settle down, charting during this time was completely useless, especially when we trade BTC pairs...
Is Bitcoin over now? I believe so, BTC will correct now hard, but again we never can know.
What does it mean for ADABTC? I can see ADABTC corrected nicely and now reverted again to the uptrend.
I set up my midterm target at around 220 levels, until that point I won't sell any of my ADA coins.
Actually now it's a good time to accumulate more, in case you didn't already in the last days.
I hope it helps, if questions let me know!
Thanks!
$ADA - Chance for a 30% quick trade. Bullish triangle again. It's weekend, ADABTC Roadmap update happened, good news overall, steady development - the price remained stable.
This doesn't mean anything in crypto, as said, it's weekend and strange things happen on the weekend.
However I see ADABTC in a bullish triangle, set to go up to the old ATH levels.
From 12 to 16 levels, that is a 30% trade that you can take.
There is a risk of course this is a bull trap, that's why if you take the trade and see the price goes down, don't hesitate to stop your loss.
See the SL level of SL is quite low, to avoid a fake drop before take off.
Enjoy, Thanks!. if you have questions let me know.