Cardano: TarzanA call which makes the trees tremble resounds through the jungle. It is Cardano, swinging along the support at $0.92258 like Tarzan on a liana. As it is currently very close to the support line, Cardano could decide that is has finished wave v in magenta and continue the ascent. However, as it has dipped into the green zone between $0.27674 and $0.93352 only shallowly so far, it could still rope down to complete wave v in magenta a bit deeper, before climbing up again.
Cardanoanalysis
ADA Cardano: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Cardano ( ADAUSD ).
Cardano price has been on a downward trend. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas with the Ichimoku Cloud possibly creating resistance. RSI, MACD and MFI look bearish. Price is below the 20, 50 and 200 SMA.
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
Cardano: Spa 💆🧖♀️Cardano is on vacation and has gotten comfortable in a spa. There, it has eased into the nice warm mud bath between $0.93552 and $0.27674, closing its eyes and sighing contentedly. We expect Cardano to sink even deeper into the green sludge, ideally until $0.52409, to finish wave 2 in green, wave C in yellow, wave C in turquoise and wave v in magenta. It could also extend its relaxing bath until $0.27674, though, if it is not afraid of getting prune fingers and toes. Afterwards, Cardano should be refreshed and bursting with energy, readying itself for a new ascent.
Cardano fluctuates future prospectsHey Trader!
In this analysis I will show why Cardano has the potential to make another bullish trend and finish with a target of 1.263 . By picking up support at strong support level 0.748 , Cardano can rely on a bullish trend and other levels.
In contrast, the all-coin has a hefty predicament, on the occasion of sanctions. If Cardano breaks the bottom support level, Cardano as well as other Coins risk encountering hefty deep falls.
Happy trading trader!
Cardano: Limbo DanceLimbo cool, limbo fine,
Ev'rybody gets a chance.
Clap your hands, it's party time,
Do the limbo dance!
Cardano seems to have taken David Hasselhoff at his word and is currently doing the limbo dance below the support line at $0.92258. As long as Cardano manages to stay below this limbo bar, we expect it to go deeper still into the green zone between $0.93552 and $0.2767 to finish wave v in magenta – ideally at about $0.52409. Then, the limbo dance should be over, and Cardano should stretch its limbs above $0.92258 again.
ADA volatility great for day trades - I try to get these little bounces 10 to 20 cents per. you can play 1k and make 1 to 2 hundred per bounce. It's time and time is money. So i do this when i am charting and now i am trying to find the best way to explain it, in hopes of learning more myself. Here i marked with vertical green lines buy points, I watch the TDi-Trader 248, here it's green crossing up on red buy, crossing down on red sell. (With collected picture of information)
My chart provides me a guide to areas of possible path change.
As long as it is bouncing below resistance 0 i look for this low play, above O i look for long play.
HOW LOW CAN CARDANO GOThe favourite coin of majority in the crypto space looks to be having a hard time.
Here is What you need to know for a reversal to take place.
We either have a Running flat correction or a Expanded Flat correction in play.
Depending on which fib level we get that reversal, it's uncertain to say where the bottom is for now.
However, we know that if price fails to get a bounce here, we have the 123.6 fib region next to find support, and if that fails we have the 161.8 fib support to get a reversal next.
Worst case scenario is the 1.618 fib support.
Pls like and share your thoughts in the comments section.
Check out similar ideas below.
ADA (CARDANO) STILL BEARISHADA (Cardano) will go around 50% or 61.8% for finishing the 1st wave and after that, we will bounce to the upside for finishing the 2nd wave. For 2nd wave correction, we will most probably go to the previous 4th, which is 50% and 61.8% area of fibo. After that, we will see now low on ADA.
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
ADA Cardano: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD).
The chart is self-explanatory. The price is sitting at a major support area. It is below the EMA Ribbons, 200 SMA, 50 SMA, Ichimoku Clouds and still within a Descending Wedge Pattern. Volume has been low but steady. RSI and MFI are below the Support and Resistance line. Keep a close eye on the RSI re-test of the S/R line.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), Descending Wedge, EMA Ribbons, and 50 and 200 Simple Moving Average.
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
Cardano: Last Twitch 🐟 If Cardano were a fish and the bears were hunting for it, it would have made its last twitch by now. Last month, the furry predators had already caught the Cardano-fish at the resistance at $1.63781 and subsequently had dragged it down in the direction of the support at $0.92258. Last week, Cardano made a first attempt to escape, but the bears clamped down hard on it. Now, they seem to be ready to enjoy their prey. We expect them to take Cardano with them below the support at $0.92258 and into the green zone between $0.93552 and $0.27674 to finish wave v in magenta . There, Cardano’s second attempt to escape should be successful and help it back to $0.92258.
If the Cardano-fish is too slippery though, there is a 30% chance that it could slip from the bears’ paws earlier already and jump above the resistance at $1.63781. From there, its adrenalin rush should be strong enough to lead it above $2.4574 and $3.1000 as well.
Cardano: Skydive🪂After Cardano has parachuted down form the resistance at $1.63781, it has pulled the ripcord shortly before the support at $0.92258 and has been gliding along it for some time now, experiencing a little bit of updraft lately. However, we expect the volplane to reach the $0.92258 support line soon, where it should gain drive for further downward movement. Cardano should then ideally land at about $0.52409 in the green zone between $0.93552 and $0.27674, where the flight should end with the magenta wave . Then, Cardano should fold up and pack its parachute and make its way back above $0.92258.
As long as Cardano has not reached the support at $0.92258, though, there remains a 25% chance that there is too much updraft for it to land properly. If the wind then carries Cardano back above the resistance at $1.63781, its power should suffice to blow the price further upwards above $2.4574 and from there, even above $3.100.
Cardano ADA 3.28 is valid.They are messing with our minds.
www.coingecko.com
The total transaction volume is 90 million dollars.
It's no joke, a stock market candidate with a total volume of all cryptocurrencies of $ 90 million and refuses to list trx.
We don't need to tell you which coins will increase.
www.forbes.com
www.coindesk.com
markets.businessinsider.com
How many times have we experienced similar things in the past? Let me tell you something by accident. they all broke records.
Don't be afraid to read. Don't be afraid to argue.
Make an emergency exit from the etoro exchange. I think it's a scam. ETORO= THODEX
Not investment Advice.
ADA hold or break long term support#ADA/USDT
$ADA is at long term support zone, holding this support will increase price to resistance zone between $1.57 and $1.76.
break out from resistance zone will head up price to touch upper trend lines.
break down from support zone and ascending trend line can drop price to support zone around $0.4.
ADA Cardano: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD).
The chart is self-explanatory. The price is at the apex of the triangle, so a move is coming. There is bullish divergence in sight with support lines intact for the RSI, Stoch RSI and MFI. The price is also in a descending wedge (generally bullish). The one concern is the triangle formed after a big drop presenting a Bearish Pennant. Focus on the breakout direction and possible re-test to give indication of which direction the price will move. Lastly, Volume over the past few days has picked up which falls in line with the bounce on the MFI.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Stochastic RSI, Bearish Pennant, Descending Wedge, Bullish Divergence, Ichimoku Cloud, Volume, Simple Moving Average .
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ADAUSD ( cardano) price action weekly analysishi every body checkout my last price action analysis , today i want to share the most important area for cardano crypto currency in the easy way to understand.
cardano is testing the 1$ price zone area ,
as you can see in my chart this support zone is the monthly and weekly support area which is so powerful , and bulls gonna push price up until price is on the top of this zone ,
and the fundamental shows that cardano have a lots of potentials to rise
but if price break out this powerful price zone , i think bears can push price down to the 0.40 cent prices
Cardano: “The Long and Winding Road”“… that leads to your door will never disappear…”
Quite similar to the road in the famous Beatles-song, Cardano’s development has also been a long and winding road in the last few months. Now that it has finished its extended wave as well as its shorter wave in magenta, we see Cardano heading through the support at $0.92258 and to the green door between $0.93552 and $0.27674. In this door frame, the price should turn around and rise up again.
Still, there remains a 25% chance that Cardano does not make it into the green door frame, but instead rises above the resistance at $1.63781. If it has managed to get this far, the price could also reach further destinations at $2.4574 and $3.1000.
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
ADA Flight for Cardano is provided, the only question is whitherWe are analyzing the "first order" from the voting under the idea of "Bitcoin weekend №17"
If you look at the ADAUSDT chart, you can see that the price is moving upward in a channel.
And if we draw this channel by the highs and lows, we will see that the price moves exactly from border to border.
Today the ADAUSD price has stopped at the level of $2.88 so far. The sellers did not even let them approach $3.00, because the channel border is a bit lower.
In fact, in two weeks the price of ADAUSDT increased by x2 from $1.44 to $2.88
If you look locally, the breakout of the $1.50 level upwards took place on increased volumes and buyers did not even give a chance to test this level for strength from above.
However, if you look at the entire movement of the ADA price in the channel, we will see that trading volumes are fading and over the last month they are just scanty in comparison.
Now we would like to see a correction in the price of the Cardano token in the range of $1.73-1.93 , we will take the average price of $1.83 as a basis.
And when and if the price reaches this zone, then we will analyze: the nature of the price movement, at what volumes the price movement will be and in general what mood will reign in the crypto market in the future.
After this analysis, it will be easier to predict which further variant of the ADAUSDT price movement will be more probable. Since now, theoretically, there are equal chances for the price of ADAUSD to renew the maximum to the $4.30 region or to begin a deep correction to the $0.40-0.50 region.
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CARDANO BULLISH?Cardano pullback at strong support. Make reversal, above EMA 20, EMA 50 TF Daily. Also break Resistant Area around 1.454 -1.500
Target price around 2.325 at Area Fibonacci 0.618 also Resistance Area with Stop Loss at Support Area 0.986 - 1.062
Looks previous idea here:
note: only take position after confirmation and do your own research before trading.
Cardano: Tie Your Hiking Boots 🥾🥾Cardano has tied its hiking boots and packed its backpack for the long trek uphill. It has left the valley where wave in magenta ended and has begun the new ascent. Thus, Cardano is sufficiently warmed up for the continuing climb and should reach a first target at $2.4574. From there, it can already see the next summit cross at $3.1000.
However, there is a not too small 45% chance that Cardano might need to go down again – to get its shoes repaired or to grab some more food supply or because it has forgotten to pack its rain gear, which is much needed in alpine terrain…