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Cardanoecosystem

Cardano BottomAda won't go lower, the bottom is near or reached, but like always follow TheKing movements. Don't forget Cardano is an Ecosystem, they work for the long run. about to becomes the first Blockchain resistant to Quantum Attacks : dailyhodl.com ------------------------------------- Trade Plan ------------------------------------- Buy : Now (1.20 - 1.25) Rebuy : 1.09 - 1.05 ------------------------------------- TP1 : 1.40 ish (Security TP) TP2 : 1.70 ish TP3 : 2.40 ish TP4 : 2.90 ish (ATH) ------------------------------------- Stop Loss : No need ------------------------------------- Happy Tr4Ding !
KRAKEN:ADAUSDLong
by thecryer
11
Cardano Next PushQuick update for ADA. after retracement Cardano get strongly supported around 2$. Next push could start soon as BB is starting to be really compressed. ------------------------------------------ Trade Plan ------------------------------------------ Buy : 2.2$ ish (now) Rebuy : 2$ (Full Buy) TP1 : 3.30$ (Security TP) TP2 : 4.75$ Stop : 1.8$ ( if u wanna set it) ------------------------------------------ - Follow the King to stay safe! PS : Special greetings to my friend Trader @bestfarbit74 , because i know he likes Cardano !! Happy Tr4Ding!
KRAKEN:ADAUSDLong
by thecryer
19
ERG/USDT Is a downtrend breakout in sight? We are Ready!Intro: - ERGO is an Oracle that will be used for the Cardano blockchain. - ERGO worked together with Charles from Cardano and they talk highly from each other which is a good thing if you believe in ADA and it's approach. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. Daily chart: - Price currently is within a downtrend and near a local support around 10.5$. - Volume decreases since the start of September where ERG was listed on Kucoin. Once we break the downtrend this could change quickly. - RSI analysis shows a "soft" downtrend breakout. We are still going down but could set a higher low. - Support lines are at 10.5$ and 8$. - Resistance lines are at 12.5 and 19$. Expectation: - We expect a further price appreciation during the next three months and a solid recovery until the end of October. Currently price depends on the ADA price token which is stagnant at this moment. - Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market. - We possibly retest the 10.5$ line which could act as support and help ERG to push through the purple line. This could lead to another bullish rally together with the whole Cardano ecosystem. - End of the year prediction: We will see a 50$+ Ergo before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
7
ADA/USDT Downtrend breakout for Price, RSI. Cardano will bloom! Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. Daily chart: - Price shows a breakout above the yellow resistance line. Now we struggle at the 2.3$ resistance line and possibly form a wedge indicated by the purple lines. - Overall Volume is on a steady decline since June. However the last couple of days volume gains momentum. Once we break the next resistance volume could blow up again. - RSI analysis shows a downtrend breakout as well and the RSI creeps back up. - Fibonacci levels show that ADA recovered between the 0.5 and 0.6 lines and now attacks the 0.38 line. - Support lines are at 1.9$, (1.2$) and 0.7$. The ascending purple line can act as support as well. - Resistance lines are at 2.3$ and 3$. Expectation: - We expect a further price appreciation during the next three months and a solid recovery during October. Cardano was a main topic before the upgrade and now it's gone quiet. This most likely is the silence before the storm since the ecosystem is growing at a rapid pace. - Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market. - We maybe fight some days for the 2.3$ level to flip into support. After that 3$ could be hit pretty soon and after that the true FOMO starts. You want to be in beforehand.^^ - End of the year prediction: We will see a 8$+ Cardano before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55