Cardano $ADAUSD Target PTs 2.70-4 and higherCardano (ADA) pierced the $1.48 overhead resistance today and climbed to an intraday high at $1.55. However, the bulls have not been able to sustain the breakout as seen from the long wick on the candlestick.
The bears have pulled the price back into the $1.48 to $1.03 range. They will now try to sink the ADA/USDT pair to the 20-day EMA ($1.24).
If the price rebounds off the 20-day EMA, the bulls may make one more attempt to push the pair above the overhead resistance at $1.55. If they succeed, the pair could rally to $2.
On the contrary, if the bears sink the price below the moving averages, a drop to $1.03 is possible.
Cardanousd
ADA heading towards Potential breakout ADA, one of the naughtiest currency, which is always in news and rumours. This obviously adds on to this value. Now ADA has moved into an ascending triangle, with potential breakout by end of April or early May.
Until then there are enough opportunities (SHORT/LONG) for short term traders.
NOTE: These are my personal notes and in no way financial advice. Do you own research and trade wisely
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Cardano in Ascending triangle.The price action of Cardano has formed an ascending triangle formation with a break point at $1.40.
Break above $1.40 will lead to a retest of pivot resistance at $1.47 - $1.48.
The trend of higher highs is located in this channel, that can eventually lead to a bull flag is at $1.70.
I am looking to take my profit slightly below $1.70, slightly above 20% profit.
The price of ADA can easily reach $2 and higher, if the price action doesn't get stuck at $1.70.
RSI have buy signal, MACD too. Momentum to be expected soon.
ADA, Cardano - going to ATH and higher🔝Price was in a range of more than 2 weeks. We broke the key level. And we stay in the retest zone now. I entered the position with stop-loss. First target - 1,48$
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Cardano $ADAUSDT PT 1.45 and higherCardano Has One Big Edge Over Other Cryptos, Says Coin Bureau
The pseudonymous host of Coin Bureau is sharing his thoughts on some of the advantages Cardano has in the race to beat out Ethereum as the top smart contract platform.
In a new video in which the analyst known as Guy reveals his top crypto holdings, he tells his 653,000 subscribers that Cardano (ADA) comprises just under 8% of his portfolio.
Guy started allocating to Cardano last summer when the asset was just above $0.08. ADA is trading at $1.27 at time of writing, up 3,724% on the year.
The Coin Bureau host explains that he’s invested in Cardano as a hedge in the event that Ethereum is unable to live up to its name as the number one blockchain platform.
Cardano announced earlier this week that smart contracts would be up and running this August, theoretically putting it in second place next to Ethereum among blockchains, notes Guy.
“Like Polkadot (DOT), I see Cardano primarily as a hedge in case anything goes wrong with Ethereum… I am a huge fan of Cardano’s peer review approach to research and development.
I have a feeling that Cardano will be running smart contracts much sooner than Polkadot which would theoretically make it the next runner up to Ethereum.”
Guy adds that although there is not a hive of developers expressing interest in developing on the Cardano blockchain, the Cardano community is strong and a majority of ADA tokens on the market are locked up in liquidity pools, meaning that they cannot currently be sold on the open market.
“The problem is Cardano doesn’t have nearly as many developers itching to work on its blockchain as Polkadot. More importantly, Cardano isn’t able to test smart contract functionality in a real-world setting the same way Polkadot can with Kusama (KSM).
One big edge that Cardano has over Polkadot, and most other cryptocurrencies, is the size and engagement of the Cardano community. Some of my most viewed videos are about Cardano, and Charles Hoskinson’s YouTube channel seems to be growing even faster than mine.
More than 60% of all ADA in circulation is also being staked in nearly 2,500 staking pools. Cardano may not have as many dApps waiting to deploy as Polkakdot, but it probably has millions of people waiting to use them.”
ADA in Next Few Hours !I can see the ADA will trying to Break the Resistance Zone (1.34) again in the next few hours
-You can scalp on it right now and take the profit from it's price right now to (1.34)
OR
- You can wait till it reach the Resistance and close a candle from their, it's signal to buy cuz the price will blowup to 1.41
Personally i am holding 50% of my Capital in ADA from now to ATH and scalping with other 30 % + 20 %
i could make a video on this way if their is anyone who is interested
what do you think guys ?
ADA/USD Pattern nearing completion ADA/USD is approaching the end of a pattern. Buying at bottom of support with a tight stop loss or for a safer bet buy at confirmation of breakout. We should see a larger move very soon. If breaks up my target is marked around the $5 area.
Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk. Happy Trading!
ADA- Patience and High ExpectationsCardano has been quiet.
Yes, it does make us feel like we are missing out on other opportunities...but that's ok we can wait
The problem is that we get no news on new deals/ no big news is actually a problem for ADA (and for us who hold it as well)
So, personally I am slightly going lighter on ADA this month but I do still hold on to what I have. After all we have taken plenty of profits from 0,25 until now...
Positive detail: 1.45 resistance will be tested when it will be tested for a THIRD time..THIRD TIMES tend to have increased chances to break over.
the FXPROFESSOR
ADA recovers from the short crash, Shows highly bullish signsADA, which was consolidating for the past couple of weeks, made a call up; only to fall back to it's old point shortly after the market cap went down by 5%. You might be wondering would ADA be able to recover from the blow...
and guess what? it is!!!
ADA almost makes a golden cross in the hourly, also keeping it within the 40-60s range in the RSI; showing a highly bullish sign. Best time to buy now and trade within the next couple of weeks, or hodl until the end of the bull run.
What do you think will be the price of ADA this month? comment down below!
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
ADA - Buy Cardano before next huge pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Cardano / USD PT 2.40 and higher ADA price – Hoskinson leaks that Cardano-Ethiopia deal was signed by ministerThe Cardano community has been eagerly awaiting the final confirmation of the Ethiopia deal since early February. John O’Connor, Director of African Operations at IOG, revealed at the time that the company of Cardano inventor Charles Hoskinson was in the final stages of a government contract in Ethiopia to bring several million users onto the Cardano blockchain. Since then, there has been plenty of speculation, as well as unforeseen, bureaucratic delays.
However, as Hoskinson reported last week, the deal was now close to being finalized. On March 25, a “special committee” had signed off on the decision to implement the project, leaving only the minister’s signature until last. Since yesterday, the deal may also have mastered this step.
Even though Hoskinson had to hide the announcement in a picture puzzle because he signed an “exclusive contract”, he didn’t miss the opportunity to tweet the following lines and the following two pictures:
For some reason, I have this strong desire to tweet these two pictures. Must be the blending of my ornithological endeavors with my love of 18th century American history…
The Cardano community decoded the picture puzzle. The left image shows the white-cheeked Turaco (Menelikornis leucotis), a species of bird in the Musophagidae family, which has an Ethiopian origin.
On the left image is John Hancock, an American merchant, statesman, and prominent patriot of the American Revolution. Hancock was president of Congress when the Declaration of Independence was adopted and signed. “He is primarily remembered by Americans for his large, flamboyant signature on the Declaration, so much so that “John Hancock” became, in the US, an informal synonym for signature,” as @AleTutor explained.
Taken together, these two things clearly indicate that the minister has signed off in Ethiopia, meaning that the official announcement of the deal and the “Africa Special” could come as early as next week.
As CNF reported, IOG is planning a major expansion in Africa, which, just like the Ethiopia deal, will be the subject of the “Africa Special.” With partners, such as IceAddis, Hoskinson wants to gain access to more than 25 countries in Africa, and expand the IOG Africa team from “dozens to hundreds, if not thousands” over the next 5 years.
ADA price – Hoskinson leaks that Cardano-Ethiopia deal was signed by minister
ADA - Buy Cardano before next pump! 🚀ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk. However altcoins season is on and ADA can pump very soon too!
ADA holders can stake it to get free ADA on Exodus wallet and in few other places.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success
CARDANO - Time to shine again?ADA has broken over the boring sideways formation of the past few weeks and could be ready to rise higher.
The project has been very quiet after it's listing in Coinbase and we have seen no significant rise ever since but technically speaking the chart shows that we could now expect some volatility. Hopefully towards the North.
Cardano in a P WavwADA/USD aka Cardano stuck in a P wave know as well as a triangle formation. We've been observing massive movement up for the past months. Now stuck in a consolidation of a triangle formation. Taken the sentiment we should break out towards North and continue growth.
For now Tenkan below Kijun, and lagging span trying to break through the price from before 26 days. Kumo acting as a big support.
Are you actively trading Cardano or are you a long term investor or maybe sitting on a fence thinking whether to join the party?