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Cardanobitcoin

ADA/BTCAccording to Tomdemark system, ADA is falling since 2 days. Due to the fact that the indicator stochRSI does not show ADA coming to the bottom line, it seems ADA is going to fall for 7 days more. I am adding a Fibonnacci graph where the support lines of this coin can be seen. The next Fibonnacci support line can be previewed from the graph. Furthermore, according to Tomdemark and the StochRSI indicator, there is a signal for a possible rise in this coin. In the case Bitcoin is not going to have any problem, I ecxpect a rise by 25% of ADA coin.
by keci
CARDANO: MARKET RECOVERY & TESTNET RELEASE - PROFIT = 18.62% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.62% PROFIT!!! The increase in price may also be explained by positive developments including: April 5: IELE, a virtual machine with a universal language framework for translating and executing smart contracts, is in development to be deployed on the Cardano blockchain. April 7: Cardano notifies of it's intention to launch beta test of Cardano for Linux. April 8: Cardano is added to Coinswitch (a crypto-to-crypto exchange aggregator and users can compare prices of ADA and 300+ other coins across their partner exchanges - including KuCoin, Bittrex, Cryptopia, Changelly, Shapeshift etc.) April 13: The first audit was carried out by FP -0.67% 0.32% Complete in conjunction with Cardano Foundation on the Cardano cryptocurrency. April 17: Cardano is added to Binance cryptocurrency exchange. April 27: Ouroboros Genesis, the latest version of Ouroboros, the algorithm powering Cardano. his feature matches the security guarantees of proof-of-work protocols that was previously thought to not be feasible. April 28: Cardano is expected to launch 2 test nets in the near future: Yella test net (Cardano’s IELE Virtual Machine) and K-EVM ( Ethereum 0.71% Virtual Machine) with release dates to be identified soon. (NEW) May 7: Cardano releases formal specification for a wallet. (NEW) May 9: EMURGO announces Ada token acceptance on Metaps Plus which is one of the largest mobile payment platform in South Korea. This is the first Asian cryptocurrency integration into mobile payment platform (NEW) May 19: The Chinese government has produced the first ratings table ranking cryptocurrencies with Cardano ranked at number 7. (NEW) May 23: Cryptopia (New Zealand Cryptocurrency Exchange) lists Cardano. (NEW) May 29: Cardano (ADA) launches Smart Contract Testnet (KEVM smart contracts testnet). Developers will be able to take any application that runs on the EVM and execute it on the KEVM - This is a necessary step towards the promise of third-generation blockchains. The general uptrend in the crypto markets as well as the positive developments outline above. ***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
Cardano at decision pointCardano (ADABTC) has been dropping down following the break through the 0.00003 support level. If price rallies back to the 0.00003 level, we can expect it to provide resistance and price could possibly drop from there. If price keeps dropping down, we can expect a reaction from the support level around 0.000023. At the moment it's best to wait until price reaches any of the abovementioned areas before making any trading decisions. Good Luck, CryptoTrendline
by CryptoTrendline
2
ADA is coming, have you been naughty or niceHello traders and enthusiasts ! I am "The Real Johny Button", legendary trader from wall street and Goldmans Sack here to express my opinion today ! Lets dive into the scenarios lining up for ADA: Well it has been nice to be shooting some elephants recently. Everyone I hope got some of that last run a month ago, and made more profit on investment than any financial firm could offer over a 5 yr period. So we could be in the correction period. I always look at the chart for the entire market cap to see overall what the hell is going on. On that chart we formed a low bowl shape (CUP) and have come up in 3 waves to complete this pattern...Next would be the Handle if chart patterns exist. So across the board in crypto we have made this climb up, and are pulling back to correct ourselves. This will usually pull back to the 38% FIB level (PINK LEVELS ABOVE), before shooting up for another run to profit, making our Handle. The coloured FIB levels are my estimated measurements for the bounces down to the Pink 38% level before we explode hopefully...these coloured levels I adjust as the game plays out to use alongside indicators to predict reversals. So i like ADA. It has made me rich in the past more than once, as i originally got it at $0.02 last yr. It is looking to create the best profit compared to other coins paired against the USD, it has a good team who is working hard on bringing this together...note; 2018 is the year of showing your cards people, and only true players (products) will be able to do that...all in all though ADA is being traded and is paired against the USD on Binance, so thats a good reason to back it for now anyway, you can trade inn & out fast and easy. So the green lines above are my buy orders. Im going for the gamble, if it gets to them and they trigger. I will be happy to just hit one order...profit is profit, little or large. I dont think it will crash and never recover, it has to much happening this year, but it is always a chance, I will enlist an eject order, and play another day. I expect the MACD and RSI to level out in some small consolidation periods on its climb down, so in later updates it will look really nice to trade. note: Everything moves in 3's. I apply this thought to my charts and MACD reading. I call Elliot wave 12345, 3 waves up because thats just how i see it. 3 is my magical number and has proven to be a nice way to be on a good path for me. Regards, Johny Button
BINANCE:ADAUSD
by johny_button
10
Cardano (ADABTC) testing the bottom of its bullish channelCardano’s (ADABTC) price action was capture in a bullish channel in my previous post which can be found here: Cardano (ADABTC) at the time of this post is testing the upper region of Support 1 at ~0.00003547, which also coincides with the bottom of the price channel. A break below the bottom of Support 1 could likely trigger a sell off to Support 2. Cardano (ADABTC) successfully holding the bottom of the channel could see price reach the new target area between ~0.00004782 and 0.00004639 The relative strength index (RSI) is also shown here for the 4hr tf and it currently has a negative slope with implies that it is better to be patient to see how price action transpires before initiating a long (buy) position. A possible point of entry (POE) as indicated on the chart is on a breakout above ~0.00003769. This ensures helps to avoid trying to pick the bottom in case of further downside momentum for Cardano (ADABTC).
by Coin_Analyst
Cardano would probably resume its uptrend again...Technical analysis: CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 60. Trading suggestion: The price is in an up trend, but we forecast the uptrend would probably resume. There is still possibility of temporary retracement to suggested support zone (0.0000250 to 0.0000170), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0000250) Ending of entry zone (0.0000170) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000300 TP2= @ 0.0000345 TP3= @ 0.0000455 TP4= @ 0.0000540 TP5= @ 0.0000689 TP6= @ 0.0000918 TP7= Free
Long
by ForecastCity
Cardano would probably resume its uptrend again...Technical analysis: CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 60. Trading suggestion: The price is in an up trend, but we forecast the uptrend would probably resume. There is still possibility of temporary retracement to suggested support zone (0.0000250 to 0.0000170), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0000250) Ending of entry zone (0.0000170) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000300 TP2= @ 0.0000345 TP3= @ 0.0000455 TP4= @ 0.0000540 TP5= @ 0.0000689 TP6= @ 0.0000918 TP7= Free
Long
by ForecastCity
8
ADA (Cardano) potential drop and entryOn 4H chart, ADA sorting out bearish divergence and we expect this to be Elliott Wave 4 that ends around 2780 - 2800 satoshi levels. We are not interested in buying Cardano before that level is reached. We advise everyone to use laddering and start to ladder your orders in from 2900 till 2780 satoshi levels, then sell in wave 5 landing zone between 3705 and 4060. 2780 satoshi levels is previous resistance point that got broken 5 days ago without even testing it once. Always remember - previous resistance becomes new support and broken support becomes new resistance! If you find this idea helpful, leave a like, comment and follow us on Tradingview & Telegram! Any questions? Want to get these ideas first? Feel free to DM. Have a nice day!
by xbtbull
2
bulls on Parade !We have pushed up hard, out of the consolidation i originally liked, but this is trading... nothing is as you plan haha. So we have a 9 count on the TD sequential indicator, and an extra 3 bars on top....in other words its a strong push, which is going to pull back at some point. Because this is a consolidation i am using the TD on, and the chart pattern is all rounding up at the last high price mark from the start of this consolidation move, i think we will have a pull back now...which could land back down on the 61.8% fib level, and make a triangle pattern. But this is a new scenario and it could yet change, but that is always a strong level to bounce of, and we are still in a Elliott 12345 wave pattern on the big charts. So i am banking on a triangle from where we stand at the present time. Those green lines were my old buy orders from a few hours ago, which have missed. I will adjust them now and look at this again, remembering to keep an eject from the game level in mind encase this goes South.
BINANCE:ADAUSD
by johny_button