CARDANOADA
ADA (CARDANO) LOOKS BEARISHADA (Cardano) most likely finished wave B of (Y). We can see 2 conversing lines (Ending Diagonal / Falling wedge) on a ((c)) wave of B. We can see lower prices in the upcoming days.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#ADA #CARDANO
CARDANO - Ready to Rise from it's Ashes?This could be (finally) Cardano's time for a proper rebound.
Next time remember not to marry any asset. Take profits gradually, re-allocate, buy again your favorite crypto at the right time.
Chart is bullish, Cardano is slow but steady (as covered here before)
and Meld is starting to perform, which is a huge plus.
Let's go higher!
TO 1,7 OR HIGHER!
One Love,
the FXPROFESSOR
Cardano 1.300 target-rangeHi Trader!
I have a super insight into Cardano, which is surprisingly volatile at the moment. My analysis illustrates hefty support levels, which can be of great help if the curve breaks in a shoulder-head-shoulder formation. Through this, Cardano must break an above resistance level, after which the price target is 1.3 ill. in the drawing. I think Cardano will continue in a sideways wave for a while, after which a positive break may occur, depending on what the all-coin market looks like.
ADA is forcing the top (ADAUSDT)ADA is forcing the top of the blue channel, if it breaks the channel, its target may be 1.30, if not, it may come back towards its target 1.00
I'm using Fibonacci circle , Fibonacci levels , Fibonacci channel to create this analysis so Dont think that this is just figment
❤️👍🏻 Please support me with LIKE / COMMENT ❤️👍🏻
DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ADA, a global viewWe have said in past ideas that bitcoin can fall and the best place to buy is in the fundamental value zone. At $24K and below, that is the best buying opportunity. Buying altcoins in that area is also a good opportunity.
The ADA chart shows a trading range of $1-$1.5. The price is in this range. But I would also note that the price is squeezing near the lower boundary of the trading range. And this is not a very positive signal. In the case of a breakout and a candle closing below the $1 level, the price could correct very strongly. This is also indicated by the liquidity gap.
The best area to buy marked at the bottom of the chart.
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Cardano 1.638 target-rangeMy analysis reflects a positive fluctuation (target 1,638).
The analysis consists of these 4 different levels.
A support level (fluctuation level) of 0.951 and a stronger support level of 0.8.
A resistance level of 1.34 and a target of 1,638.
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.
ADA, why you should buy now using the "DCA" strategy!ADA corrected 70% from its highs. Price has collected liquidity below the very important key $1 level. Also, very positively, big volume has appeared at the bottom. When to buy if not now? This is a good time to buy on a DCA strategy. Yes, the price could fall even lower, maybe even 90% of its high, but with a DCA strategy you will have a good average buy price.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Where are ADA's BULLS? 🦬Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 ADA /USDT - Daily Time-Frame - Heiken Ashi
📌 Elliott Wave - Channels - Fibonacci - Price Aaction
📍Cardano is looking a little bit confusing in my eyes; it has already lost a very major support zone 2.0$ (which I personally did not think might have happened)
📍By the way, ADA is still bullish in 1.55 - 1.66$ price zone levels and may have a reversal from there!
📍 Cardano has already retraced about 50% of its previous wave which can be the 5th wave of the last cycle; it is so potential that it retrace about the 61.8% which can be the 1.55-1.60$ price range.
✍🏼 The 5th wave target is around the 3.64 price zone minimum
✍🏼 We are still the first wave of the 5th wave elliott
✍🏼 What I see from daily to one hour time frame just indicates bearish signs
✍🏼 I the daily time frame I can see a falling wedge triangle that may not be a good news for the price
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE ENTERING ANY SELL AND OR LONG POSITION
GOOD LUCK
NP TRADER
ADA Bullish The price of Cardano has been suffering from intense bearish pressure due to the lack of dex's on its ecosystem and with the Cardstater and Sundaeswap current conflict, there will be a bit more pressure.
Cardano has reached close to its all-time low within the last year of about $1.00
However, the Sundaeswap addressing the issue with their mainnet release which includes liquidity, congestion, and trouble of certain wallet integration I believe that their problems will be resolved within a few months. They have been having AMAs addressing all their current problems and doing press releases including sundaeswap-finance.medium.com
The Cardano ecosystem has many more important releases this year including hdrya and basho that will greatly improve congestion problems and with the release of more dex's this year, there will be more need for the use of the ADA token. It is important to know that the TVL has increased by 3x within one week to about 95 million.
ADA - A Long Way to GoADA boasted an inflated market cap through last year. There was no real justification for its value, because there was no true working product - or at least something which was on the verge of mass adoption. It was pure speculation of what 'might' be and not grounded in anything but hope.
So, ADA has been flying high for a long time and was way too close to the sun when it hit $3.10 a coin. It is a well overvalued project and anyone suggesting it will return to its ATH in the near future is creating false hope founded in the same fictional claims.
At best, I see ADA hitting the approximate $0.45 mark. However, considering where the project was valued this time last year and no real changes since then in terms of tech, ADA still has a long way to tumble. Don't mistake the most recent pump as anything other than squeezing the last little bit out of the coin, before its demise.
The market is down and ADA is going to continue to decline until the time the true leaders in the field begin recovery.
Why ADA Looks Bullish?ADAUSDT (Day Chart) technical analysis Update
ADAUSDT currently trading at $1.11
ADA is already dropped 70%+ from the top
In the chart you can see price reversing from the major support zone, ADA is already up 18% from today's bottom, I’m expecting ADA can go up from the current support zone.
if the price breaks $0.90 support then we can expect one more drop in ADA.
Recommend to buy it on the spot market.
buy level :$1.00 - $1.10
Stop loss:$0.82
Target 1: $1.50, Target 2: $2.30, Target 3: $3.00
CARDANO LONG TERM BULLISHCardano's price can go much higher than expected in the future. Other a lot of crypto is now on the 5th wave to finish the rally but Cardano is most probably waiting for the 3rd wave to push higher. Some people can count the recent top as a 3rd wave but I am counting this as a 1-2, 1-2 because if you count as a 1-2-3-4 then there is an overlap happen between 1 and 4, so most probably the recent top out of $3.09 is not a ((3)), It's actually (1) of ((3)). It may be the 5th wave as an extended leading diagonal and if it's leading diagonal then also it should push higher because in an expanding leading diagonal wave 3 must be greater than wave 1 and wave 5 must be greater than wave 3.
For the short term most probably it finished the second wave as a complex correction around the previous 4th or it may be down to the lower sider for finish correction. For now, the trend-line is the resistance point for bullishness.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#ADA #CARDANO #ELLIOTTWAVE
Cardano(ADAUSD) IN IRREGULAR CORRECTION SHORT TO $0.8Macro-level
Looks like we are still in Wave 3 of the 5 wave series for Cardano(ADAUSD)
The Wave 1 was completed in 2018 at $1.3
Wave 2 ran for a very long period till end of 2021
We are now in wave 3 for the bigger wave cycle
Wave 3 is an impulse wave with 5 sub-waves (1-2-3-4-5)
In the bigger Wave 3 we are in sub-wave (2)
Looks like Sub-wave 2 is making an irregular correction (A-B-C)
Micro level
In a complex A-B-C irregular correction the waves are subdivided into 3-3-5
W(A) is a 3 wave ended at $1
W(B) is a 3 wave structure and ended above the start of wave(A) at 1.38% extension of W(A)
Wave(C) is a 5 wave and drastically drops to the end of W(B) or even a little lower to 1.618% of Wave(A)
We are now in the 5 wave series of Wave(C) - its at sub-wave(4)
If we are in the downward cycle with the whole crypto market going down, my guess is this might end at 1.618% at
$0.81 in the next few weeks
Please comment and appreciate your feedback