Cardanoanalysis
ADAUSDT walking on this bullish channel - Target projectionTechnical analysis regarding the price of CARDANO in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods.
Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Cardano Fast TradeAda is strong right now. a medium short term fast trade is possible but always keep an eye on BTC and invest wisely % to rebuy in case of dip.
Manage yourself to win !
Buy zone 1 : 0.3501
Buy zone 2 : 0.3226
Strong Rebuy : 0.3
TP1 : 0.498
TP2 : 0.645
Stop Loss : 0.295
Happy Tr4Ding !
Decision Day For Cardano ADAWarning: our thoughts are ours; not financial advice.
Cardano is one of our favorites. It's stood the test of time; it survived the bear market.
However, some short-term analyses to ponder upon.
Though in the long term, ADA is bullish. Very bullish. You can't just be bearish on this one. Nevertheless, we could (not of a certainty) see a pullback in the coming days.
ADA just rallied strongly to the top of the channel, we need to either see the strong move throughout today making a close above the channel which will translate to a breakout. If that happens, great news. We should even expect more bullish days ahead.
Alternatively, we could see price scramble back inside the channel at the close of today's' candle. If that happens, well, we may Cardano's price pullback to the midline or the bottom of the channel before resuming its uptrend.
Whatever happens, trade with caution.
ADA 12h It seems the growth is over...Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out , it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest . We promised - we are doing.
After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers.
What do we see next?
The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38.
In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall.
The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ADA-4h. The next target is $0.4.An interesting deja vu occurs when we look at the ADA. Deja vu with XRP coin . Yes, of course coins are different in the nature of price movements. However, they have common liquidity ranges , from where local reversals are possible.
The target of our previous idea worked out and the buyers managed to significantly exceed our expectations. Currently, ADA volumes are in 10th place in the ranking of all cryptocurrencies.
Its aggressive growth since January 4 was 70% . It was after the breakthrough and retest of the trend line, which restrained buyers from November 24, that things in the ADA market improved significantly. However, it is worth noting that at the end of 2017, the historical high of the ADA was around $1.2 . At the moment, the price of ADA is $0.333 . BTC has long updated its historic high, ETH on the way to it. Therefore, the prospects for Cardano are great.
There are two obstacles: $0.4 and $0.6. If you look at our recent idea for XRP - you will see similar figures. It is this fact that adds a touch of competition between the two projects.
The $0.25 mark is a critical point of the current optimistic scenario . Below it, the sellers will confidently take power into their own hands.
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ADA amazing profits in just 3 daysADA / USD
Another amazing call here on ADA along with XLM
Price reached my target in just 3 days !
And we made more than 70% on spot
you can check original signal/call here 👇👇:
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Cardano (ADA) hold support ADA / USDT
–the price recently managed to flip resistance into support
–We can see alot of wicks above support indicating strong buy at support
–40 days price range consolidation = expect big move soon ?
If the bulls keep holding this support for next days or hours we can see next leg up to higher prices
🛑Invalidation = if price breakdown the support and break EMA 20 could be an early Bearish signs
Good luck
ADA 12h still can shoot wellAlmost a month has passed since the publication of the previous ADAUSDT global idea.
Since that time, the critical level of $0.17150 has withstood a hit from the bottom for the third time, and a low of the trade was $0.12630 with the forecasted $0.12000.
ADA has not yet responded to the phenomenal BTC growth like altcoins can, and it looks like ADAUSDT rapid growth is included in buyers' plan soon.
Fixing the price above still unbreakable level of $0.17150 will give a green signal for massive purchases, and accordingly, growth to $0.25400 and maybe to $0.34600.
However, it is worth mentioning that BTC closed yesterday's daily candle with a bearish pinbar.
It is not yet known for sure how Bitcoin will be fixed: in fiat or they will start transfer it into altcoins.
Therefore, one more the ADA price decline to the level of $0.13400 should not be overlooked.
Below this level, a breakthrough to $0.09300 may happen.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ADA/USDT (Reversing from the support line)ADAUSDT : Strong support at 0.089 and Now ADA started reversing from the strong support level.
Entry level : 0.089 - 0.093
Resistance level 1: 0.100
Resistance level 2: 0.113
Resistance level 3: 0.128
Resistance level 4: 0.153
Stoploss: below the support line (0.089)
ADA 1D. Purchase zone is $0.053-0.055Exactly one month has passed since the first idea on Ada was published.
We really liked how clearly the previous idea worked out. Therefore, today we will update the targets below, which we see.
It seems to us that at least for altcoins, there won't be a happy New Year.
But for those who want to deliciously shop , the New Year can give very, very cheap prices.
We expect ADA to fall at least to $0.053-0.055 .The coin can reach a global fall by testing the range $0.042-0.46.
If the ADA cost rises above $0.115, it will make us to revise our calculations.
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ADA/ETH UPDATEHello fellow traders!
Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset.
On the weekly chart there are several indicators showing bullish momentum.
MFI- really oversold to the point where we really haven't seen these levels for quite some time.
RSI- Nice bounce off of a key support area
also we have a WEEKLY bullish engulfing candle, signifying that we might go higher.
please like if you enjoyed this content also not financial advice just my thoughts ;)