Cardanoanalysis
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue.
At least for now, ADA has regained its position as the third largest crypto asset by market cap.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
CARDANO PRICE- How we entered again PERFECTLYIF YOU HAVE BEEN FOLLOWING YOU KNOW OUR LOVE FOR CARDANO
Ethereum's main competitor (some call it Ethereum killer) took a pause (blame Binance?) and it's on the rise again
In our last idea here you can see how we called the support PERFECTLY .
It's a buy and a keep until something changes...
Take care,
the FXPROFESSOR
Cardano Update From Buy Zone 1Cardano Update 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.
ADA currently in Buy Zone 1 for nice swings back to ATHADA currently in Buy Zone 1 for nice swings back to ATH. 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.
ADA Potential Buy entering Buy Zone 1ADA entering 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.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
ADA/USD possible support and resistance zonesThese zones are merely an indication of where ,in the past, there has been conflicting market psychology. Meaning there were people on the bullish side but also people on the bearish side. This could mean that at this price people take a profit or become less confident in the coin. Therefore we can use these zones with proper knowledge of price action and also an understanding of the current sentiment of the crypto market to make and informed "guess" on the direction of ADA/USD. You should not "expect" the price to do anything , you should merely follow this because it is the most likely outcome based on all the knowledge from price action, market sentiment and an understanding of the fundamentals of crypto and trading. Being "likely" does not guarantee the outcome and I can not even guarantee that it is indeed "likely". Don't be too attached to these lines you draw on a chart. They highlight interesting things, they are not "laws of the market" or something like that.
Cardano Consolidating Poised For A Big Move To Fresh New HighCardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
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.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
ADAUSD to all time highThe resistance curve below might indicate ADA is heading to a new all time high, which might allow it to cross 1.5 for the first time.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
Can Ada outperform Eth next bullrun ?ADA / ETH
ADA was one of few coins last week its reaction against Btc dump was amazing and didn't drop hard like most of others
Here with ADA / ETH pair weekly chart :
we can see strong resistance since 2018 just broken few days ago
This mean if the bullrun is still vaild we can see ADA outperform ETH in next bullish wave
Important : weekly candles must close above this resistance and dont close below again
Remember ...You should have a plan before trading and expect everything
Dont trade what you cant afford to lose
Best wishes
ADAUSD approaching a crossroadADA looks to be approaching a crossroad that would likely lead to a break out upwards. This could mirror Bitcoin's current upwards trajectory, but at an accelerated pace.
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This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
ADAUSD upwards trend maintainedADA seems to be maintaining the trend projected earlier for its upwards trend. It such an exciting thing to watch.
Side by side with Bitcoin the rise of Cardano (ADA) is phenomenal, which goes to show how strong its fundamentals are compared to any alternative coin.
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This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
CARDANO (ADAUSDT/ADABTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
ADSUSDT
Long Trade Setup #1: Retest and Continuation (S&R Flip)
1. Price Action: Price needs to move back down to the S&R flip @ $0.98 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming
ADABTC
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 2110 Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume , MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 2110 Sats , forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick , above average volume on both breakout candle and breakdown candle, MACD topping out
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ADA try to flip strong resistance to supportADA / BTC
This is the third week bulls try to push price above strong resistance with the BTC pair
The resistance since 2018... flipping it to support will make ADA extremely Bullish toward 0.00004 area as first target
Ofcourse there is high chance of success Specially if the btc dominance drop next few days - weeks
Until that we just watch
Lets see your opinion below !
ADA 12h Level $0.92 will decide where the next movementWell, the buyers reached a goal of $0.90 from the previous idea ADAUSDT without abnormal efforts.
The price only once tested the level of $0.6 from above after breaking through and continued to rise.
The most recent high ADA is $0.98.
An interesting picture is emerging now.
At night, the ADAUSD price was shed quite strongly to $0.70, however, buyers bought back the falls and formed a Pinbar at the 12h candlestick.
Such a candlestick can be a signal for continued growth.
You should closely monitor the price behavior around the level of $0.92
If they can gain a foothold above $0.92, then the way will open for growth to ATH $1.33
However, if sellers activate aggressive selling and do not allow the ADAUSDT price to gain a foothold above $0.92, then we can expect a rather strong fall or correction - at least to $0.60
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