Cardanousd
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 2.202 (stop at 2.132)
Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.
Our profit targets will be 2.398 and 2.448
Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900
Cardano is heading for a new peak.Cardano is currently in a tame rising state, whereupon it slowly manages to process its longer descending transitions.
Cardano is super flexible and it has super much potential when it first seeks the green direction. The approach of the analysis I have drawn up shows strong progressive signs of gradual increases in Cardano's price levels. It regulates between 2.1 to 2.5, subsequently 2.5 to 3.0. There is a probability that the crypto will reach a new height by November.
Happy Trading!
Cardano (ADA) Where Are We Now??Looking at the Cardano (ADA) 4hr chart you will see we broke out to the downside, but have not yet reached the target level of $1.64 (This could still play out with a further downward move), however we have strong support at the $2.00 level, which for now is holding up, having been retested it twice (20th Sep and 21st Sep). Currently the price sits at $2.15 with a trend to the upside. Our next resistance zone is sitting around the $3.34 level. Should we break that level then then next resistance would be around the $2.78. If we fail to break the $2.34 level I expect a move back down to the $2.00 level which would provide another buy the dip opportunity. *Note the more we test the $2.00 support level, the more likely we are to break it and move further down.
I expect with chatter of the upcoming Cardano Summit on the 25th/26th Sept that we could see an upward move in anticipation of potential partnerships.
Substance in Cardano: The crypto creates new signals!In the chaotic declining market, we now see new opportunities for a relatively large turnaround, which could reach an all-time-new high on the scale. I have no doubt that investors and Cardano buyers are tired of the declining gray market, when it is said that a red market is in fact a healthy expense, which increases our passion for a green strong market, and great returns.
Cardano essential uptrend!As Cardano investors, you have to be persistent and hold your position until a green solution emerges. We need to be patient and less demanding, the market is red and we need to HOLD!
Cardano possesses a red downward trend, which is reversed at a bullish unknown time. After this reversal, some high economic conditions will emerge, which will benefit our green numbers. My best advice is to follow the analysis, and pay attention to the state of the crypto state.
Cardano in a Falling wedge.The price of Cardano seems to be printing a falling wedge pattern, which has bias to break to the upside.
Support is located at $2.30, very close to current price where I decided to buy some after seeing this pattern occur.
The price continues to find support on daily 50 EMA, which gives me confidence that the daily uptrend will continue and find support the same way as Bitcoin did on the bespoke 50 EMA.
My target will be at $3.00.
ADA updateMy previous analysis was expecting ADA to explode. However, it seems the big players played buy the rumour sell the news. I am now growing less confident in the imminent pump of ADA. To clarify, it is an excellent holding for the next four months. I am talking for short term trades for 2-3 weeks.
Although there are few excellent bullish signs, such as the bullish engulfing below the support (highlighted), the major timeframe is heavily oversold (stoch rsi). I cannot stop heaving that feeling that one last drop is imminent. Bearish signs are many as well. With the short-term indicators getting overbought, the weekly stoch rsi formed a bearish cross on the overbought area, volume very low on the bullish engulfing and mainly a Head n Shoulder in the four h frame. Hence as a precautionary move, I will exit ADA on the next move to the 50VWMA (short term funds). I will re-enter if the diagonal dynamic resistance trendline is violated with an opening and close above it.
Just bear in mind that my final target for ADA is 20 dollars in the next 4 - 5 months, so I am not touching my long-term holdings.
Feel free to share your opinion
ADAUSD We Have A Massive Bull FlagDisclaimer: I am in the process of learning technical analysis and please feel free to point out flaws that I have with my chart. This is based on my personal observation and is not financial advice. Thank you so much for reading this.
I just found something very interesting while looking at the daily chart of Cardano - A massive massive bull flag. This will take times to play as I am not here to swing or day trade my asset. A short-term TA of Cardano might not look great and I know many of us are being discouraged at the moment. Thus, I would like to put out this chart to give everyone a zoom-out picture of Cardano. Please note that since Alonzo hard fork happened on September 12th 2021, we have a total of 2,334 smart contracts being deployed on Cardano blockchain. Hodl on to your ADA, we have a very bright future ahead.
Thank you and happy trading!
ADA Buy the dip.Cardano - Intraday - We look to Buy at 2.311 (stop at 2.249)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Dips continue to attract buyers.
Pivot support is at 2.300.
The trend of higher lows is located at 2.310.
Our profit targets will be 2.496 and 2.566
Resistance: 2.450 / 2.500 / 2.600
Support: 2.300 / 2.250 / 2.200
Cardano Upward BreakoutThe crypto is in an upward triangle, which turns the red market into the green.
Cardano has a strong resistance of 3.4, ie a $ 1 from the previous all-time-high '2.4' before the crash.
I hold Cardano myself and I stay long in the crypto as it is powerful and intense like the leading crypto on the market.
ADAUSD Symmetrical Triangle is FormingDisclaimer : I am in the process of learning technical analysis and please feel free to point out flaws that I have with my chart. This is based on my personal observation and is not financial advice. Thank you so much for reading this.
Cardano is forming a symmetrical triangle on the hourly chart and I expect the price to rise up to our next target approx. at $3.25. Since the Alonzo hard work was launched successfully last Sunday, September 12th, 2021, I believe there will be more exciting news to come to Cardano as well as DApps that are going to build on it. However, historically speaking, September is usually not a great month on the crypto market in general, so I would be patiently waiting for this to play out.
Good luck and happy trading!
Cardano is far too flexibleCardano is far too flexible.
The crypto increases over a longer period, and decreases gradually uncontrollably in short variations.
I have initiated this analysis in order to give you an understanding and a perspective on when Cardano's possible gradual increases can take place. Cardano also has a short-range slider of 3.2 when the crypto once rises.
ADAUSD fractal 1WChart drawn inspired by a different asset that shows a very similar initial trend, despite having different timings. Many things to keep in mind are the cycles, bull and bear, and the psychological reactions of investors, taking positions and profit, the trend of the market and the unpredictability of the same. So the forecast is to be taken with caution. Also considering the imminence of ADA's smart contracts and the field of competition, yes, in my opinion Cardano can be successful and climb to $ 100 next year.
Nobody is able to predict the future, but fractals very often show the repetition of patterns, overlapping with real life, while in the long term anything can happen. Who knows?
This is not a financial advice. Always Do Your Own Research. Thanks for watching.
Cardano(ADA) Price Prediction Until The End Of 2021Hello crypto investors,
This is my first ever price prediction here on TradingView. I hope you will like my Cardano($ADA) price prediction.
Since the last bottom, 96 days ago, Cardano increased its marked cap twice. I believe this is due to much viral news(mainly rumors) about Cardano's smart contracts. Imagine what will happen when they actually introduce the smart contracts in the system.
There may be a small % of people(newly crypto investors) that will sell because of the 2x. Hence I expect a price drop to around $2.50 this month. At $2.65 and below I will start adding more $ADA to my portfolio.
As usual, there will be a quick jump to ~$ 3.40 and then followed by a small drop in the price to ~$3.00.
In late October or early November, I expect $ADA to start a new bull rally. Until the end of the year, the price should reach ATH around $4.00. Maybe we will test the $4.20 zone but nothing more.
What are your predictions about $ADA until the end of the year? Let me know in the comments.
Cardano(ADA) will be priced at 10$ in the next month(October)!Hi dear traders, First please Like this post and share this analysis with your friends to support me.
Cardano(ADA) is moving in a huge ascending channel in bigger time frames.
Cardano is now involved in the channel midline, just like in the past and as you can see after passing this midline We have witnessed a very good climb.
I expected from Cardano a correction up to 2.23$ - 2$ and it happened, For now and in my idea according to Technical analysis and market Anomaly I expect to see Cardano at 10$ for next 30 or 40 days from now.
Cardano Uptrend or downtrend (Long)Cardano reaches new heights in a short time.
There are 2 types of progress, negative, positive. The positive approach can lead to a new price rate, whereas a negative approach provokes a fall in the price value.
I hold a long position in Cardano, given that Cardano may be unstable, whereas the crypto is credible and organized, it carries qualities in its ecosystem, with a sharpened market value of 45 billion.