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Cardano - new important updateThe price finally broke through the trend line. I wait for Cardano can make minimal growth and after it will drop. First target - 1$. Second - 0.8$. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
38
ADA still in consolidations with a possible breakoutADA still holding the bullish uptrend and it's continuing the consolidations process. What you should looking for, ADA needs to cross 1.1670 to continue upwards towards the $1.31, if we cross the $1.31 than ATH might be achieved again and continue from there to even higher level. If and this is a BIG IF we lose the $1.00 price level, than expect a downtrend with a support of $0.956 and $0.80. ADA still very bullish despite the pullback from the ATH twice, still moving on the daily chart within the ascending triangle witch is Bullish pattern.
KRAKEN:ADAUSDLong
by PatrickHob
10
ADA is on the verge of a 24% upswing Cardano price prints a bullish technical pattern on the 4-hour chart, hinting at an incoming breakout. The falling wedge pattern may elevate ADA to $1.35, jumpstarting the recovery to a record high of around $1.48. Cardano is among the few cryptocurrencies trading double-digit gains among the top 50. The market is dotted in green; however, price action remains lethargic. ADA is up 14% over the last 24 hours to trade at $1.11. For now, the least resistance path seems downwards but Cardano is trading within the confines of a bullish technical pattern, suggesting that an upswing is likely in the near-term. The aspiring smart contract token trades at the apex of a falling wedge pattern, suggesting that a reversal is in the offing. The bullish outlook forms when an asset's price drops with pivot highs and lows while converging at a single point referred to as the apex. A breakout is usually anticipated before the trend lines converge. The common breakout is mostly confirmed by a consolidation period, followed by a spike above the upper trend line and reinforced an increasing trading volume. As for Cardano, the 24% breakout is expected to come into the picture as soon the price steps above the wedge pattern and the hurdle presented by the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. It will be a real breakout if the 50 SMA's seller congestion area is pushed into the rearview. The expected upswing may fail to come into the picture if the Moving Average Convergence Divergence (MACD) continues to slope downwards. Currently, the MACD line (blue) is holding under the signal line, confirming the bears are still in control. Cardano intraday levels Spot rate: $1.1 Relative change: -0.006 Percentage change: -0.4% Trend: Short-term bearish bias Volatility: Low
BITTREX:ADAUSDLong
by CoinGape
5
CARDANO - SHORT TO 0.98320, THEN 0.82740Here is my idea on ADAUSDT. Here is a double top (M pattern) in play. First I expect price to sell to 0.98320. If it then breaks the neckline downward, I expect price to fall to 0.82740. The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Short
by PetrockFxTrading
3
ADA is now Live on Coinbase 👌 (Our Target Prices)Hi Everyone, Ada is now finally live on Coinbase. That's only GREAT news. Some of you asked me for take profit targets so here is my updated chart and the price targets : 1.35 1.54 2 ..and then higher By default, our strategy is to take profits gradually. Try to do the same it really helps your psychology to work for you when you implement such a plan to take profits along the way but also to ALWAYS leave some part as a long term investment. Just keep it for ever! Never cash out completely (even if ada makes it to 2, don't sell all of it but do sell most of it). This is something we have developed and it works for us, why not for you too. Keep in touch for a lot more
Long
by FX_Professor
3
ADA Cardano - Our Updated ChartHi everyone, what a boring Friday yesterday was, let's hope we get to see the good kind of volatility this weekend again (Up North - in the Green). Our favorite asset ADA Cardano after another fantastic week has been taking a break, lying on the new support at this very moment. As much as a dip/correction can never be crossed out. especially close to all time highs, we remain moderately optimistic that we can expect a further rise. On the chart you will find 3 short and mid-term target levels. Price is on support so if you use stop losses you can always have a tight (close) one right below this support level. Let's go ADA, you deserve higher. My best wishes for a nice weekend. Lockdown is over here so finally time to have a nice lunch and dinner at a restaurant and enjoy the sunny weather over here. Somehow Shisha is not allowed, not sure how or why it affects Covid but I guess 'it is what it is', shisha or no shisha remember to have good times with the people who matter. That comes second cause health comes first.... trading and money come third. the FXPROFESSOR
Long
by FX_Professor
9
Healthy future for ADA Cardona coming aheadHello friends, Cardano is going though an ascending triangle were there is only one way out witch is upwards for the near future. However for the near term we are experiencing a bounce up towards the 1.38. I expect from there to revisit the 1.07 area to fill the lower gap from the recent 40% gain we had (we filled the upper gap already). Once we filled that gap, ADA shall continue it's way upwards not necessarily straight up within that ascending triangle until we have breakouts through the 1.50 resistance and BOOM! Cardano is very very bullish, for the long term investment you are the winner here, as I expect ADA to reach the $3 range in the next 2 months. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
12
ADA 40% up, NOW what? Just be careful it could go either way!Cardano ADA was beautifully rise up 40% with no hiccup. 2 scenarios are waiting for us A or B. I do believe that B is more likely, but with all the hype is going about ADA we could have A in place. First in trading stock, I always afraid from sell the news!!! I mean the listing on Coinbase pro. The hourly chart showing us that we have formed a steep ascending wedge, usually that the price will breakthrough down not up, the squeeze momentum indicator showing a bearish divergences so far. Things to watch, If ADA don't hold the 1.32, we have a 3 support lines to watch 1.27, 1.24 and 1.07 before the trend reverse again and continue upwards. It could happen very much that we may have to revisit the 1.07 area to fill the gap been created for this runs up. Scenario A it could very well happen if we breakthrough from where we are now 1.38 range knockdown the barrier of resistance 1.50 than the road is clear to at least $1.65 - $1.75 I myself sold half of my positions now and waiting to see what scenario is going to play before I buy again. !.32 is very important to hold, and 1.45- 1.48 is very important to knock down. I'll try to keep you updated through the process as much as I can. Trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
6
Cardano bullishCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair. Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity. Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. The live Cardano price today is $1,24 USD with a 24-hour trading volume of $9.543.999.443 USD. Cardano is down 4,65% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $39.587.339.055 USD. It has a circulating supply of 31.948.309.441 ADA coins and a max. supply of 45.000.000.000 ADA coins. Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain. Yesterday came the great news that we were all waiting for, to include cardano in Coinbase Pro.The price has risen from 1 dollar to 1.25 $ thanks to this news. I have drawn a visual graph with comments, to get an idea of ​​how the price is going to behave in my opinion, and how far it will go at least this year. Always where the price retests, it is the ideal area where you have to accumulate more tokens. If this graphic has helped you, I would appreciate a like / comment.
BINANCE:ADAUSDLong
by scam2nft
7
ADA breakout in the next few hoursyou are seeing the 4hr chart, clearly we have a huge descending wedge on the verge of breakout, Also we have a small descending wedge been created last few hours within and near the end of the larger descending wedge. The small wedge will breakout next few hours will give the momentum to the larger wedge to breakout as well. I expect a breakthrough to 1.20, a pull back to 1.12 and continuation towards the 1.38. I think the lowest we can go now is 1.05 before this happen. Please trade at your own risk.
KRAKEN:ADAUSDLong
by PatrickHob
5