Get started

Cardanousd

Cardano Update 15/10/21: $4.40 Target 🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4.40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support. Our current targets for Cardano (ADA) from the current price level @ $2.16. 127.20% fibs @ $3.67 (69% Gain) 161.80% fibs @ $4.40 (104% Gain) 261.80% fibs @ $6.51 (201% Gain) EOY/Q4 Target at the full fib extention 423.60% @ $9.92 (360% Gain from the current price level @ $2.16). Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :) Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :) Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :) Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
15
(ADA) CARDANO ON THE ROAD TO 5$Hello everyone ! 
 Today the Black Cat Trader is analyzing ADA on a weekly chart.  
 What we can see : 
 * Using Ichimoku : ADA is showing us the perfect bullish configuration with Ichimoku. Prices are over the Kumo (cloud), the Kijun and the Tenkan, and the Lagging Span is above the prices. This is the configuration you want to see in a bull market. * Using the Pitchfork : (Low 0,018 / High 0,15 / Low 0,075 ) we can see that the median line provides a strong support to ADA for the continuation of the movement. * Using the Trend based-fib extension : we have a convergence of the fib levels at 4,71 / 4,95 $ 
 What we can expect : 
 If prices manage to hold their several supports (median line of the pitchfork, Tenkan /Kijun / EMA21, then we can clearly target at minimum the 1,618 fib level. 
 Resistance 1 : Intermediary upper line and upper line of the pitchfork Resistance 2 : Previous ATH (3.08$) Support 1 : Tenkan Support 2 : Kijun / Median line of the pitchfork / EMA21 TP1 : 1.618 (4,95 $)   TP2 : 2.618 (7,40 $) TP3 : 3.618 (9,85 $) 
 IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER  
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
KRAKEN:ADAUSDLong
by Hector_Bienvenu
4
ADA Explosive move coming soon!!?Cardano on its USD pair has been getting beat down a little bit but is definitely still showing strength and trading on the upper side of this descending triangle which is technically a bearish pattern but i would be surprised if this played out bearish. Looking at some very positive notes coming from the bollinger bands, first of all we have pushed up and above the midline on the bands which now acts as support, and we are getting pretty close to that top band with us wicking off of it earlier today, one big test we are currently facing is the 0.6 FIB level which we have failed to regain for quite some time, but mind you we were also facing resistance from the bollinger bands midline and now that we have that regained taking out the 0.6 FIB level could be much easier! Keep in mind we also face resistance coming from the top of this descending triangle but if we do grab onto that top band we could start flying! Last thing on the BB we notice that they are squeezing down hard on price action and almost everytime this happens we see an explosive move to either the upside or downside. Now lets take a look at the squeeze momentum indicator, this is where things are starting to look very fun, we are getting our first green bar on the histogram and our first black cross, this signals a bullish squeeze and we are looking for this to continue building up bull momentum along the way, we want to see bigger green bars each day showing us the momentum is there along with the black crosses, and then at some point we will start to receive grey crosses signaling the squeeze release which usually sends us on a very nice run to the upside, so definitely keep an eye our for those grey crosses and continued growth coming from our green bars! Now the ADX or average directional index, we are actually starting to turn a little further to the downside which isn't a huge deal for now but what we need to see and want to see if we keep seeing a decline is us catching that green support level slightly below us and get a nice bounce and reversal, this is something we should watch with a close eye. My thoughts are that we indeed will bounce off this support level and i feel we are only showing downside on the ADX due to us trading slightly downwards in this descending triangle, if we see a breakout to the upside that will definitely change the ADX and we will be in the midst of a reversal on this index! Not financial advice just my opinion!
KRAKEN:ADAUSDLong
by JacobR905
ADA opportunity It has been few days since I haven't update you on ADA. It has to retrace exactly where I was expecting on the breakout of the bearish head n shoulder, touching the 1.9 level. It is now forming a flat triangle. ADA has just breakout a month resistance trendline and I expect it to accelerate to the 2.45 level. I highlighted my Stop Loss which is aggressive. The expected final target of this 4-6 months bull run is around 20 dollars. Short term I expect ADA to find resistance at the 3.1 before the full bull run kick in. The HTF shows we are now in the 5th impulsive wave of the bull cycle. STF shows that we just completed wave 2 of the new primary trend bull run and we are now approaching the 3rd wave, the most aggressive of the 3 impulsive waves. FOLLOW ME, SHARE, LIKE IT AND COMMENT
BINANCE:ADAUSDLong
by CFcryptoTA
ADA Lags Recovery To $2.5 Despite Peers Hitting New Milestones Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside. The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls. Cardano is seen trading at $2.2 on Monday toward the end of the Asian session. The smart contracts token is becoming competitive, biting into Ethereum’s piece of cake alongside Solana. However, its price action continues to be sluggish compared to Ethereum and Bitcoin. Cardano Price Stuck In Wide Range Cardano spears stuck in a wide range, marked by the demand zone in green and the red area in red on the daily chart. Bulls firmly defended the support accentuated by the 100-day Simple Moving Average (SMA), a move that ensured that declines did not stretch to $1.5. The token commenced recovery together with other crypto assets on Friday but lost steam before reaching $2.5. The 50-day SMA added weight to the resistance, cutting short the uptrend eyeing $3. Meanwhile, the Moving Average Convergence Divergence (MACD) highlights a buy signal hints at the trend leaning upward. As the 12-day Exponential Moving Average (SMA) crossed above the 26-day EMA, the odds soared in favor of the bulls. The momentum calculating technical index only needs to rally above the mean line to validate action above $2.5. At the same time, the Relative Strength Index (RSI) confirms that neither buyers nor sellers have the upper hand. This trend following tool also calculates the strength of the bulls and the bears. Currently, the leveling motion implies the prevailing consolidation will last longer. The IOMAP by IntoTheBlock reveals the absence of a robust resistance with the ability to hinder bulls from achieving their goals, at least to $2.5. According to this on-chain metric, the only area of interest runs from $2.22 to $2.28. Here, the slightly more than 101,500 addresses that purchased 2.41 billion ADA will be trying to break even, thus reducing the impact of the buyers. However, if the price slices through, the run-up to $2.5 will be quick. On the downside, Cardano sits on top of robust support spanning from $2.15 to $2.21. Here, around 132,400 addresses previously bought 5.58 billion ADA. It will not be easy for bears to break this support barrier, leaving ADA safely above $2.1.
BINANCE:ADAUSDLong
by CoinGape
2
ADA(CARDANO) , 5th Elliott wave almost 200% gain ahead. hello everyone , how yall doin ? so as yall see , the numbers are showing the elliott waves . Where is the fifth wave going to end ? it's simple (like always) , just have to use Fibonacci Extension . 38.20% , 50% and 61.80% are important percentages , so our first target is the red zone (it's the zone between 38.20% of Fibonacci Extension and 200% of Fibonacci Retracement). "Can it go upper than that ?" ----> we don't know ,just gotta wait and see , but it's possible ... if you liked the idea , give it a like . and if you wanna see more of these , follow , heck of analysis are on the way !
Long
by ArminChiani
2
ADA Digs Into Crucial Support, Is The Rally Over? Cardano loses ground within the confines of a descending parallel channel. The recovery from $2 support is a daunting task for the bulls, especially with the resistance highlighted by the IOMAP metric. Cardano continues to bite into the key support at $2 amid a highly challenging recovery journey. In early September, ADA climbed above $3 and traded an all-time high at $3.1. The correction that comes into the picture has not slowed down since, forcing the recently upgraded token to stay closer to the primary support. At writing, ADA trades at $2.15 while dealing with growing selling pressure at the descending channel’s upper boundary. This pattern has been in place since Cardano retreated from $3.1. If broken, the third-largest cryptocurrency might find new lifeblood for gains toward $2.5 and later $3. Cardano Price Recovery To $3 In Jeopardy From a short-term technical perspective, it is clear that buyers are having considerable difficulty sustaining the uptrend. On the downside, the smart contract token is in danger of dropping under the demand zone in green, a move that could trigger massive losses. If support at $2 is lost, panic will grip investors while lower levels like $2 and $1 beckon. Traders must keep in mind that the Moving Average Convergence Divergence (MACD) has a bearish outlook based on its position below the mean line on the daily chart. A sell signal from early September has been sustained and continues to encourage sellers to increase their positions. The Relative Strength Index (RSI) adds credence to the ongoing downtrend. Its position below the midline emphasizes the bearish grip on ADA. Similarly, the channel’s middle boundary is a key support line that must be defended if Cardano wants to close the gap to the supply zone in red. Otherwise, the least resistance path would keep to the south. Meanwhile, data by IntoTheBlock suggests that sellers have the upper hand. The IOMAP model highlights immense resistance at $2.23 and $2.44. Cracking these zones will not be easy because investors will be trying to break even, thus reducing the effectiveness of the tail force. On the downside, Cardano is sitting on top of relatively weak support areas, which means with a slight push, the token will start exploring the levels below $2. Cardano Intraday Levels Spot rate: $2.15 Trend: Short-bearish bias Volatility: Low Support: $2 Resistance: $2.23 and $2.44
COINBASE:ADAUSDLong
by CoinGape
1
ADA update ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with great momentum, ADA will reach 2.79 to steam off before completing an inverse HnS and reaching a new high at 3.8. My loading zone is at 2.05 right now. If the 2.42 will get violated, then I will buy on the retest. I am happy with my ADA bag. However, it is never enough.
BINANCE:ADAUSDLong
by CFcryptoTA