#ADA - Fibonacci Support & ResistanceHappy Trading.
PS: We are still in tricky correction, Crypto market is very responsive to media news which exaggerates the fear right away, hence expect volatility.
Cardanoanalysis
Short Term Bullishness - About to test 1.44ADA looks bullish on the short term price movement.
It is forming an inverted triangle on the 1h chart.
The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts.
If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893.
With major developments about to happen by June, especially ethereum-to-cardano conversion technology, ADA has a lot of growth potential and is a worthy investment in this market.
Target price: 50% at 1.44; 50% at 1.47 if it price moves above 1.45 or else 1.42.
Stop Loss: 1.32
Sell Offs Over? Here's a Idea on ADA.So from what I am looking at on the 1hour time frame and the 15 minute time frame is that we have seen the bottom twice which is at around $1.05 and it bounced off that level twice now. I do strongly believe we double bottomed and bounced off the strong $1.05 support level and are now beginning to start to form a new Uptrend and head back up to rechallenge our ATH. I DO NOT BELIEVE THIS IS THE BEAR MARKET!! I only think this is a bearish trend / cycle (**Inside of a bigger bull trend**) and that after that 2nd bounce we have firmly held our support level of $1.05 and can now start moving back up. As far as how long this move takes I can't give you a estimated time frame. But I can tell you a 100% fact is that you can't get huge gains in crypto without seeing some major profit taking. This is why I can't stress enough to newer investors to only invest BIG MONEY in projects that are fundamentally strong and have a solid foundation built underneath of there large fomo driven communities. So hopefully all of you that have been following my TradingView held on to there panties during this pretty much normal behavior profit taking and are now ready to get back on with the bull run. Now I can say for sure 100% without the shadow of a doubt that this bull market will eventually end but do I think it is now? Absolutely not and for multiple reasons at that. We have more money flowing into crypto markets then ever before. We have wealthy banks, Institutional Money & even Governments getting involved in the crypto space. United States has not shown any type of behavior leaning towards any type of bans only regulation which is to be expected when you're dealing with trillions of dollars and you keep seeing "Rug pulls" in the Coindesk breaking news headlines pretty much on the regular with platforms like Ethereum not keeping there platforms projects clean for the space which leads me into my next belief that Cardano will be King one day. The way Charles Hoskinson communicates with the community and how he doesn't play favorites or shill certain projects tells me 100% without any doubts that its all fair game and that is what makes successful communities. You can have the best technology in the world but if you don't have a community willing to develop on you're platform then you're not going to get anywhere. Cardano 2021 , 2022, 2023, 2025 are going to be some INSANE times so just hold onto you're panties Boys & Girls and make sure you HDLE, Buy, Sell, Repeat because I can feel it in my bones #Cardano is taking us to the promise land!!
This is not Financial Advice only my opinion using trading strategies & tools that I know in order to predict a analysis of my own. If you are new to the space then I suggest DYOR, Learn TA & NEVER TRADE LEVERAGE!!
As always,
Happy Trading Traders, Drop a Like, A Follow if you liked it & NEVER TRADE LEVERAGE!!
#ADA - Elliott and Fibonacci AnalysisAlright folks,
I did sell my position for a small profit, will only buy back once we see an uptrend for a Trade.
PS: We are still in correction but overall bull run is still intact, Corrections are very tricky and can never be correctly analyzed as it's triggered by a lot of bearish/bullish news media attention, until that cools off, bears will stay active until they lose the steam and bearish news doesn't show much strength on the fall.
~Happy Trading.
ADA, Cardano - I won't do something before that....Price dropped more than 30% from the high. Now, it's no a good time to do something and I don't see an entry point. I'll try to buy in the 1,3 -1,4 area. Only with SL.
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
ADA - Cardano - Elliott Wave #ADA #CardanoCardano, continues to impress and still is due for making another high. I added to my position.
~ Happy Trading
Kuldeep
ADA analysisIf Cardano breaks $1.95 downward it may drop to $1.71 and then $1.39 but if it manages to move upward from current price then prices to see will be $2.34 and then 2.82 and $3.
ADA, Cardano - did u earn with me? 25%⚡️3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%!
What's next?
We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything.
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
CARDANO ADAUSD HODLers long term targetFor long term ADAUSD investors, we believe the long term target for ADAUSD is $5.09. This target was developed using a Fibonacci extension of the Oct 2017 low and Jan 2018 high and assuming a wave 1 formation. On March 1, 2020, a higher low of 0.0185 confirmed the beginning of Wave 3. TOSOPTINO algorithm confirmed official Long entry on Jun 2020 at 0.079 and still remains in it's LONG position.
1 ada = 2.48 Is valid. Island is an island. Btc is of course affected by the Eth drop. But Ada is a coin that has not experienced its full explosion yet.
There is a goal of 12-14 dollars in the future.
The most important issue is that the people who enter the island are generally corporate and far from short selling.
Since the sale is made while the price increases, the money inside always stays the same or increases.
I always tactic the ruler of the island.
We took the island from the bottom.
We are increasing the number of islands.
Not investment advice.
The reason I wrote this is because you buy and sell investments at your own discretion.
If you are in Germany, we can get 1 year investment with the contract.
ADA - Where to next?I've liked the long side for while but I am now scaling out.
(ADAEUR - is a nice chart too!)
Technical aspects:
Pattern: Pennant/Wedge
Key Support: 2.1979383
Key Resistance: 2.490554
A break to either key Support or resistance area showing further clarification. The first trendline up nearest price action at this current moment of time, a break below bears may gain control of this market short term. However, we could re-test $2 areas.
All the best,
TJ
(Just a trade idea, not a recommendation)
Cardano ADA - Elliott Wave AnalysisADA has broken out, and it looks good for a big bull run, it still looks like buy the dip scenario based on Elliott wave theory.
PS: Trade with caution in the end it's the crypto which is very volatile in nature.
Cardano Analysis Updated 03/03/2021As we can see the price is up reneging in a parallels channel where it has already hit the parallels legs of Fibonacci projection.
it has many chances to retrace down to the lower Boundary where there exist a Support Area too.
post the retracement we can target the 161.8% extension level of the same Fibonacci projection and consequently the 261.8% of it too.
there are total of 2 targets
Cardano (ADA) - 2 entry point. Look where...The coin has secured itself over a large range. The resistance level of 1.96 was also formed. The best scenario rod ADA is slow squeezing to this level. If it happens, it will form a good breakout pattern.
The trader's main mistake is to see one scenario and not be prepared for another. So if the price falls in the range zone - a good entry point would be 1.748. I showed entry points on the chart. I set alerts and wait for buying.
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
ADA, Cardano - price has a great picture. Look when I'll buy...More than 5 days price is over a big range. The price managed to form a local key level of 1.82. A wonderful entry point will be after squeezing to this level, breakout, and retest. Generally, the coin looks so powerful for growth. I set the alert.
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
Get on bullish track with ADAThere is least resistance on the way up. A break above $1.83 may open the doors for a rally to $2 and then $2.25.
Cardano Update 09/05/21: Next Stop $2 14% Gain Cardano Update 09/05/21: Next Stop $2 14% Gain from current price level. Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance at the 61.80% Fibonacci level @ $1.49. ADA's move towards the upside began on the 26th April, Our Swing Call Script triggered a strong buy signal when the 13 EMA crossed above the 50 SMA (55% Gain from Buy Zone) and Cardano broke above the 200SMA signalling back bullish market sentiment as the Bulls have continued to push the price higher. Cardano has grown 55% since the 26th April from $1.03 to $1.82 over a 13 day period to a new ATH in this Bull cycle.
Next Price Targets for Cardano:
🎯$2.36
🎯$2.92
🎯$4.94...we estimate this in 1 to 3 months from here at the 461.80% Fibonacci Level.
Cardano Update (05/03/21) From Buy Zone 1
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Notes:
www.youtube.com
Hoskinson knows about Africa’s potential, his positioned strategically. There is real wealth on the African continent just the current systems stagnate growth, only a matter of time until this is unlocked through the power of blockchain and decentralisation we are going to see huge changes in our lifetime! Super smart guy!
With the integration of smart contracts, the Goguen era represents a big step forwards in capability for the Cardano network. Where the Shelley era decentralizes the core of the system, Goguen adds the ability to build decentralized applications (DApps) on Cardano's solid foundation of peer-reviewed research and high-assurance development.
The work for Goguen has been under way in parallel with Shelley, and when complete will allow users from technical and non-technical backgrounds to create and execute functional smart contracts on the Cardano network. One of the goals for the Goguen era has been the creation of Plutus, a purpose-built smart contract development language and execution platform using the functional programming language Haskell. Plutus is already available for testing and brings the benefits of functional programming to smart contract creation. It also allows one code base to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations.
The Goguen era also encompasses work to make Cardano accessible to wider audiences via Marlowe, allowing financial and business experts with no previous technical knowledge to create smart contracts.
CARDANO ( ADAUSD ) - SWING LEVELSI wanna congratulate everyone with fast profit who followed my idea. Hope you made a ton, Enjoy !!
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.
ADA - Cardano - Elliott Wave Cardano looks all set for Big Bull Run.
PS: Check the Bullish parallel zone, upper line is resistance and below line is support.
Enjoy.
Cardano tired, time for a tea. Hello trenders and friends,
Today we be looking at Cardano retreat for a healthy bull trend.
There is plenty room for growth supported by a positive trend, not to mention the smart team and project behind.
I see a small correction and establish dominance at this levels coming through before price action.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
CARDANO ( ADAUSD ) - SWING LEVELS CARDANO - Here in the chart it's showing a good pattern structure and following the support line, a small hurdle or you call it as a breakout zone is there following the triangular chart pattern, Once the breakout is sustained it can follow the path I have drawn on the chart, For now my approach will be a little cautions as it's trying to drop a bit, take fresh buy around the support line for the potential moves as mentioned on the chart.
Do write in the comment section if you have any doubt or question related to this analysis, also write if you want analysis on any other asset.
Hit the like button & share with your friends, That would be great - Thanks !!
Cardano analysisI believe ada is going to range for few days, unless it can reach $1.48 resistance and break it which then it goes to $2.
