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Cardanoanalysis

Cardano cryptocurrency - is it time to buy ADA ?The last time we made a global ADAUSDT forecast 5 months ago and as it turned out on the absolute price highs and roughly speaking all this time the price of ADA was fallen from $3 to $1 We tweaked the dynamic channels a bit from the previous idea and this is what we get: On the one hand, the ADAUSD price has bought back up for the eighth time from the powerful $1-1.10 liquidity zone and organized a 50% bounce because buyers understand that this zone is critical for a global trend reversal. On the other hand - the dynamic trend line was able to break through downwards with the 5th time and in the last days/weeks there were two retests from below for strength of this trend line and the sellers have not let the price go higher yet. There are some rough estimates of possible price movements on the chart. At the moment, crypto market move in flat till this time, and they will squeeze out all the juices from small participants with anarchic moves up and down, knocking out stops. Only if the price of ADAUSDT rises above $1.75, it will be possible to buy carefully long. In the meantime, the only thing we can say with certainty is that below $1 for Cardano token a real rapid super plunge may begin, because the chart below is empty, with no support, down to $0.35-0.40 . Of course, no one wants this development for sure, but we don't control the market. Forewarned is forearmed _____________________ 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 and comment" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
50
Cardano: Indecisive 🤔So far, Cardano has apparently refused to drop deeper into the green zone between $0.9355 and $0.2767 and has not fallen below its last low. This could imply that the altcoin’s preparation for the coming ascent have already begun. However, we rather expect Cardano to make further use of the green zone to finish wave 2 in green at its bottom before moving upwards, confirming the ascent by crossing the resistance at $1.6378. The altcoin should be careful, though, not to drop below the green zone!
BITTREX:ADAUSD
by MarketIntel
2
ADA Cardano: Monthly ChartHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Cardano (ADAUSD). The chart is self-explanatory. With the crypto market going through a correction, Cardano may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance Lines, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:ADAUSD
by MillionaireEconomics
5
#Cardano Bulls Reject Bears, will ADA Float above $0.45?Past Performance of Cardano Cardano prices are relatively firm versus the BTC and ETH at spot rates. While the crypto market is down, ADA prices remain inside a $0.25 range, with support at $0.45 and resistance at $0.65. Besides, there is an M-formation, with ADA retracing from the double top. Currently, ADA is down 12 percent week-to-date, but buyers stand a chance above $0.45. #Cardano Technical Analysis ADA traders are confident. As the crypto market falls, Cardano bulls have been holding the line above $0.45, the immediate support. Additionally, there are hints of strength with the June 13 bear bar closing with a long lower wick pointing to demand in the NY session. Nonetheless, risk-averse traders can wait for trend definition. Losses below $0.45 may see ADA fall to as low as $0.30 in the medium term. A welcomed recovery above $0.65 may offer relief, allowing prices to retest $0.80—March 2022 lows. What to Expect from #ADA? Cardano prices are propped by bulls' expectations of enhanced network performance in the upcoming hard fork. Still, from a technical angle, prices must first pierce $0.65 to buy trend resumption. Resistance level to watch out for: $0.65 Support level to watch out for: $0.45 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
Has Cardano started a new leg higher?Happy Monday, TradingView community. After a flat weekend, buyers have defiantly hit the new week with a lot more energy. After a hesitant start, buyers came back into the crypto markets during today’s Asian session. Today’s European session comes online. We’re still seeing strong interest, with many of the top 10 continuing to hit solid gains. Our focus today is on Cardano. Has today’s rally started to confirm a new leg high? What has our interest is the pattern before today’s action. We can see a clear LL that failed to hold and a new HL in May. We did see one attempt by buyers fail after they tested .6850. After consolidation, today’s move is a breakout with support at .5460 and minor resistance at .6040. We want to see price close above resistance today. Looking forward, we want to see how buyers handle their latest move back into the last supply area. A break above or firm close, close to .68 would be a good sign buyers are in control of momentum. A close below 0.600 would worry, in our opinion. Thanks for stopping by, and good trading.
EIGHTCAP:ADAUSDLong
by Eightcap
#Cardano Breakout Formation, ADA Prices may Rally 30% to $0.75Past Performance of Cardano After two months of sharp losses from early April, the recovery at the tail end of May is a net positive for ADA bulls. At spot rates, ADA is up 50 percent from 2022 lows and trading above the trend defining bear bar of May 11 in a breakout. Cardano bulls are firm, reading from the ADAUSDT price formation in the daily chart. #Cardano Technical Analysis Candlestick arrangement favors buyers following gains of the past three days. After two months of lower lows, forcing ADA to register new 2022 lows, the revival from May 30 was a significant development. There is a double bottom pattern, a W-formation signaling trend. Besides, ADA prices are above the middle BB in a bullish breakout formation. In line with these signals, aggressive traders may find entries above $0.50 and the middle BB, targeting $0.75 in the immediate term. What to Expect from #ADA? ADA bulls are charged at spot rates, breaking above $0.60. With rising trading volumes and confident traders, Cardano prices may soar higher to retest Q1 2022 lows in the short term. Resistance level to watch out for: $0.75 Support level to watch out for: $0.50 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Cardano Prints Higher Highs, ADA Ceiling at $0.60Past Performance of Cardano When writing, Cardano prices are in a $0.20 trade range and within a bear breakout continuation pattern. Despite gains over the past 24 hours, ADA bulls haven't satisfactorily reversed losses posted in the first half of May 2022. Technically, ADAUSDT remains in a bear breakout formation pattern with attempts for higher highs capped at $0.60. #Cardano Technical Analysis Even though Cardano bulls are upbeat, prices have a tough liquidation ceiling at $0.60 to overcome. At spot rates, there are higher highs. However, prices are still within a $0.20 price range, primarily inside the wide-ranging bear candlesticks of May 11, 12, and 18. If ADA bulls are to take charge, there must be a comprehensive close above $0.60 and $0.65 with rising trading volumes for trend formation. In that case, ADA may inch higher, signaling the end of the bear run as prices bottom-up after climactic losses of May 11 and 12. On a more cautious outlook, prices have support at around $0.50. A close below this line may trigger a sell-off forcing ADA prices to $0.40 in a bear continuation pattern, consequently diffusing the upward pressure. What to Expect from #ADA? ADAUSDT is in range with caps at $0.60 and $0.50, respectively. Until there are sharp gains or losses below key reaction levels, bears are still in control. Resistance level to watch out for: $0.60 Support level to watch out for: $0.50 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
Cardano ADA technical analysis zoomed OUTI zoomed out to the weekly cardano chart, and the good news is that Cardano did find support around 41 cents the last time we had a correction, the bad news is that all indicators point to this downtrend continuing and in order for the downtrend to break it is going to take an enormous amount of green volume, and given the current market sentiment it is hard to see that happening. Only two years ago ADA was only worth 5 cents, so if it only corrects down to 41c we are very lucky.
by CryptoBiddy
1
ADA target to open LONGBINANCE:ADAUSDT Simbol Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Really soon we will see capitulation on ADA price chart. Fundamental price for ADA now 0.45. ➡️ When we touch fundamental price its usually good enter point on SPOT for long term, and global its can be the final bottom ➡️also this price is -0.38 by FIB level because we more than 1 year in downtrend. ➡️ Targets for ADA by end of 2023 is 3.38 / 4.84 Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
The downtrend ADAUSD Cardano continues, when there is a rebound?From September 2021, the price of ADAUSDT is in a downward trend, moving down the channel. An important area of ​​customer support was the zone around $1. This strong mirror level has helped buyers keep their defense and push the price up since February 2021. However, in February 2022, buyers finally lost control over this level, which sellers only confirmed that they now dominate the market. We consider $0.77 to be the critical lev el for the continuation of the fall in the ADAUSD price. Fixing the ADA price below it will mean that the next shopping area is around $0.67 However, despite yesterday's heavy fall on the crypto market, you can try to catch a good, medium-term trade with a short stop and small risk. Enter the position in the area of ​​$0.79 Stop below $0.77 (-2.5% of entry point) Take profit in area $1 (+ 26% of entry point) _______________________________ 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 :) Profit / loss ratio 10/1
by P_S_trade
23
#Cardano Bulls Stand a chance if ADA is above $0.75Past Performance of Cardano ADA prices are down eight percent at spot rates following high volatility on May 4 and 5. While the crypto market unexpectedly dumped yesterday, ADA bulls stand a slight chance. Prices are still within the May 4 bullish bar, a bullish development from a technical perspective. Still, whether ADA will recover depends on if buyers can sustain prices above this week's lows of $0.75. Cardano Technical Analysis From an effort versus results perspective, ADA bulls surprisingly have the upper hand--at least as price action stands. Even though trading volumes are significantly higher on May 5, prices are inside the bullish engulfing bar of May 4. As a result, buyers may buy the correction only if prices are above the immediate support at $0.75. A recovery may see ADA prices float to this week's highs of $0.90, breaking above the multi-week resistance line marked by the 20-day moving average. In this case, ADA may rally to April 2022 highs of $1.20. Conversely, losses below $0.75 offer an opportunity for sellers to add to their shorts, targeting new 2022 lows of around $0.70—or worse. What to Expect from #ADA? ADA prices are dangling at around 2022 lows. A recovery prints a double bottom, a lifeline for buyers who expect prices to float higher towards $1. However, if ADA slips, it could fall to register new 2022 lows. Resistance level to watch out for: $0.90 Support level to watch out for: $0.60 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
Cardano: Back on TrackAfter trailing along the mark at $0.92258 for so long, Cardano has finally found back to our primary scenario. It has gone below $0.92258 and into the green zone between $0.93552 and $0.27674, where it should finish waves v in magenta, C in turquoise, (C) in yellow and 2 in green. Then, Cardano should turn around and move upwards. However, there remains a 20% chance that the altcoin could start to rise earlier already, crossing the resistance at $1.63781 and heading for the next one at $2.4574.
BITTREX:ADAUSD
by MarketIntel
1
#Cardano Slides 11%, #ADA Bears Targeting $0.75 Past Performance of #Cardano ADA is down to 9th on the market capitalization leaderboard and down 34 percent from April 2022 peaks. It is also flat-lining in the past 24 hours but down 11 percent versus the USDT week-to-date. Currently, ADA bears may see the coin retest March 2022 lows of around $0.75. Cardano Technical Analysis #ADA is free-falling at spot rates, under-performing the USDT, as bears dominate. Every high within the April 26 bear bar and $0.90 could be entries for traders expecting more losses in the immediate term from an effort versus result analysis. ADA prices are below the 78.6 percent Fibonacci retracement level at spot rates. Considering sharp losses and bear momentum from April 6, sellers may reverse gains posted in March 2022. What to Expect from ADA? #Cardano's ecosystem is developing, and more dApps in DeFi are launching. In the medium term, this is bullish. While ADA may be weak at spot rates, it may recover, especially if $0.75 holds. Resistance level to watch out for: $0.90 Support level to watch out for: $0.75 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
ADA Long ScenarioBINANCE:ADAUSD Signal Entry - $0.5 Target - $2 Invalidation - $0.1 Risk to reward ratio - 3.6 Technical confirmations Price already reached 0.618 Fib zone and continue to decline. We expect price to reach 0.786 and maybe 0.886 zones. There's liquidity at $0.77 so it is a good target for price to continue falling. Aroon indicator shows a strong bearish momentum on a daily timeframe and losing it's momentum on a weekly timeframe which indicates that the price is going to reverse soon. Fundamental confirmations Why should price reach Entry level? ADA TVL fell from 323 to 199 million in one month. Why should price reach Target level? Cardano increased block size to enhance Dapp performance. 1 of top 3 coins to buy and hold for ever according to "Investorplace". NFT and DeFi projects being built on the net. Vasil Hardfork launch in June, 2022. TVL rise from 822k million to 199 million since January 1, 2022. During the Basho development phase, the ledger continues to optimize and scale for the growing demand. Along with parameter adjustments and node upgrades, Plutus capability continues to develop at a steady pace. Disclaimer: We are expecting price to rise after the Vasil Hardfork launch.
BINANCE:ADAUSDLong
by JVS_Signals
ADA Cardano: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Cardano (ADAUSD). Cardano price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead. On a positive side, the price may be forming a bull flag as well which would bring the price back to $1.00. The RSI was rejected by the resistance trend line so a greater possibility for price to come back down. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:ADAUSD
by MillionaireEconomics
1
ADA - Cardano - Its been awhile baby ; bull continuation optionsADA - Cardano - Its been awhile baby ; bull continuation options If she continues on up I expect one of these fractals to play out. Zoom out and check the where the RSI is repeating patterns from. Im looking for macro RSI / momentum patterns that seem very similar then I'll build my strategy for exit etc around that. We can of course re-enter goblin town. Let us pray that is not the case because I am long ADA spot and SOL perp right now. @@ *check the attached analysis when this run was all starting.
BINANCE:ADAUSDLong
by Crypto-Quantum-Fox
2